INFOGRAPHIC: AEC tech investments soar

INFOGRAPHIC: AEC tech investments soar

EXCLUSIVE TO BUILTWORLDS

(Click below to enlarge)

by Dr. BURCIN KAPLANOGLU, VP, Operations director, Lendlease | January 25, 2017

Disruption comes in many forms, and in our industry, investments are accelerating all of them.

Last month, in this space, I wrote about the growing emphasis on productivity and safety, and how technology is enhancing new measurement tools and monitoring capabilities. I predicted then that positive disruption will touch most, if not all, of you in some form by 2020. Now, though, in honor of BuiltWorlds' ongoing Investment Week, I wanted to take a step back and look more broadly at the relentless flurry of venture funding that has poured into our industry in just the past two years. 

  • Future of Project Management: On Feb. 23, the author will be among those speaking at a special BW In-Studio Talk, "From the Cloud to the Internet of Things and Back." For more, click here.

The infographic that I have created above represents many of the recent investments made in the AEC space by tech companies, venture capitalists, private equity firms, and startups. Think of it as a snapshot of an ongoing revolution. For more detailed information, see the related links below.

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Burcin_Lendlease

Based in Chicago, the author is a recognized industry technologist and thought leader who advises start-ups, speaks at industry events, and serves as adjunct faculty at Northwestern University. By day, he is vice president and operations director of telecommunication infrastructure at Lendlease. In addition to IoT, he writes about other tech solutions, including drones, wearables, robotics, predictive analytics, and their applications to real estate and the AEC space.

Author's note: I write this blog solely in a personal capacity. The views expressed above are mine alone and do not represent the official views of my employer, any clients, companies, universities, institutions, or groups with which I may be affiliated. Also, the mention of a firm or use of its logo in the above chart should not be construed as an endorsement of that company or its products. — BK

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References:

  • https://www.cbinsights.com/blog/funding-construction-tech-startups-growth/

  • http://www.forbes.com/sites/briansolomon/2015/12/17/how-uptake-beat-slack-uber-to-become-2015s-hottest-startup/#71f52e045f2e

  • http://www.nytimes.com/2016/06/08/business/dealbook/sms-assist-a-no-glamor-start-up-becomes-a-unicorn.html?_r=0

  • https://cdn.ampproject.org/c/www.forbes.com/sites/amyfeldman/2016/12/08/forbes-next-billion-dollar-startup-procore-reaches-unicorn-status-after-50m-fundraise/amp/

  • https://www.cbinsights.com/blog/construction-tech-funding-trends-q2-2016/

  • https://www.cbinsights.com/blog/construction-tech-market-map-company-list/

  • http://blog.ironplanet.com/ritchie-bros-to-acquire-ironplanet

  • http://blogs.wsj.com/venturecapital/2015/12/31/startup-procores-valuation-nears-that-of-public-competitor-textura/

  • http://www.prnewswire.com/news-releases/plangrid-continues-string-of-triple-digit-revenue-growth-300271478.html

  • https://techcrunch.com/2015/12/21/google-x-alum-flux-factory-raises-29m-series-b/

  • http://www.businesswire.com/news/home/20160811005563/en/Newforma-Cloud-Services-Transforms-Newforma-Project-Center

  • http://www.forbes.com/sites/ryanmac/2015/10/14/buildzoom-raises-10-6-million-from-formation-8-y-combinator-to-focus-on-high-end-home-improvements/#7ac587d66d9a

  • http://extranetevolution.com/2014/05/fieldlens-closes-8m-funding-round/

  • http://www.newsmaker.com.au/news/69352/construction-management-software-2016-market-to-grow-at-1496-and-forecast-to-2020#.WCeUldIrKM8

  • https://www.oracle.com/corporate/pressrelease/oracle-buys-textura-042816.html

  • https://www.trimble.com/news/release.aspx?id=061416a

  • http://investors.autodesk.com/phoenix.zhtml?c=117861&p=RssLanding&cat=news&id=214346http://investor.trimble.com/releases.cfm?view=all

  • http://www.talkingnewmedia.com/2014/09/23/mcgraw-hill-sells-construction-division-for-320-million-to-private-equity-firm-symphony-technology-group/

  • http://www.reedbusiness.com/news/reed-business-information-announces-sale-of-majority-stake-in-reed-construction-data/

  • http://www.bizjournals.com/cincinnati/news/2016/10/31/fast-growing-cincinnati-company-sold.html

  • https://techcrunch.com/2015/12/21/google-x-alum-flux-factory-raises-29m-series-b/

  • http://www.philly.com/philly/blogs/inq-phillydeals/Siemens-invests-70-million-in-Malvern-software-firm.html
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