ConTech

ConTech (Construction Technology) - branch of Construction industry, which is optimized by modern technology.
Construction and Building at the moment are one of the least digitized industries in the world at the moment. But, “in the next five years, the industry is going to be transformed through data. It’s an unprecedented, perfect storm of cloud, mobility and an incredible amount of collectors and data science converging together,” says Pat Keaney, director of BIM 360 Enterprise Products at Autodesk. He adds: “after the iPad, mobility, cloud and now this accumulation of data with the data science that can be applied, it’s really changing everything.” Therefore, number of technology companies are trying to modernize or disrupt it - by creating scheduling, estimating, project management software, cutting paperwork, etc. This sector is just evolving and developing.
In recent time, main ConTech startups and companies received large funding, in Europe and United States.
 
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