Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the construction industry. This time, you get to discover 5 hand-picked startups developing the Internet of Things (IoT) solutions for construction companies.
Out of 146, the Global Startup Heat Map highlights 5 Top IoT Solutions impacting Construction Companies
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 146 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 IoT startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 141 IoT solutions impacting construction companies, get in touch with us.
GreenVibe manufactures Smart Construction Sensors
Founding Year: 2019
Location: Ramat Gan, Israel
Partner for: Concrete Condition Sensing
Israeli startup GreenVibe manufactures sensors that are placed within concrete poured in construction sites. The sensors collect data on concrete strength, humidity, temperature, and conductance. The startup’s cloud platform processes this data to enable process optimization and concrete quality analytics. Concrete is often procured from multiple suppliers with varying quality. By allowing site managers to monitor the concrete in real-time, GreenVibe Sensing Technologies facilitates the timely identification of construction defects.
Ynomia develops a Construction Tracking Platform
Founding Year: 2017
Location: Melbourne, Australia
Partner for: Location Sensors, Material Management
Australian startup Ynomia provides construction tracking solutions. It enables connected job sites that assist in locating materials, equipment, and people to convert worksites into digital warehouses. The startup’s indoor localization and tracking system, BLEAT, leverages Bluetooth low energy (BLE) for on-device location tracking and BLE-low power wide area networking (LoRaWAN) enabled beacons (BLEAcons) for relaying location. Ynomia’s real-time location tracking of critical high-value building materials enables construction sites to increase efficiency in both material and personnel management.
Latium Technologies advances Site Monitoring
Founding Year: 2019
Location: Alberta, Canada
Partner for: IoT Sensor Integration
Latium Technologies is a Canadian startup that transforms construction sites into smart sites. Its IoT sensor networks enable centralized data acquisition from sensors and connected assets at construction sites. This facilitates real-time monitoring, threshold alerting, and insights on job site conditions. Additionally, it reduces rework costs and scheduling delays as well as allows construction project teams to effectively manage the delivery, storage, and movement of materials.
Lattice Build Technology provides an AI-based Site Manager
Founding Year: 2019
Location: Bangalore, India
Partner for: Real-time Field Awareness
Indian startup Lattice Build Technology develops an AI-powered construction site manager that collects and analyzes real-time data. Its IoT system collects data through a wireless network and a convoy of low-power sensors. This permits real-time location tracking of people, tools, and materials in dynamic work environments. The startup’s platform turns real-time field awareness into site intelligence, saving time and cost. As a single point of truth, it provides greater transparency and visibility into asset allocation, enabling data-driven decisions and mitigating physical tracking and inspections.
NanoDust develops a Building Information Modelling (BIM) Platform
Founding Year: 2020
Location: Vancouver, Canada
Partner for: On-Site Information Gathering
NanoDust is a Canadian startup that offers a BIM platform. The platform collects data from smart construction objects (SCO) equipped with smart tags and global positioning system (GPS) sensors. It then transmits the data through smart gateway systems using a network of NanoDust’s services, including data source management, location-based, and decision support services. The platform assists modular integrated construction (MIC) projects through prefabrication production, transportation, and on-site assembly processes. Moreover, site managers are provided with more transparency and visibility into material data from prefabrication factories to construction sites.
Discover more Construction Startups
Construction startups such as the examples highlighted in this report focus on low-power sensors, BIM, prefabs as well as asset and materials tracking. While all of these technologies play a major role in advancing the construction industry, they only represent the tip of the iceberg. To explore more construction technologies, simply get in touch and let us look into your areas of interest. For a more general overview, you can download our free Construction Innovation Report to save your time and improve strategic decision-making.
