Imtech revenue jumps to £460m as it targets further growth

Imtech’s revenue has jumped to £460m in 2019 and the company is targeting a £600m turnover by 2022. Revenue for the M&E specialist, which was acquired by EDF in June 2017, was boosted after it started work on the £22bn Hinkley Point C nuclear power…

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Sisk turnover up by nearly £100m

John Sisk & Son’s turnover increased by almost £100m to £417.9m for the year to 31 December 2019 (2018: £323.2m). The Irish-headquartered firm offered no explanation for the growth in its UK accounts, published on Companies House this week. Sisk reported a £5m pre-tax profit (2018: £3.19m) keeping…

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OpenSpace Launches AI-Powered Production Tracking and Object Search from 360 Degree Photos

A photo is worth a thousand words, they say, so a 360 degree photo with a powerful artificial intelligence system behind it must be worth, at least, 1 million words…I assume, the powers that be haven’t really decided on that number yet, Regardless, OpenSpace.ai is turning your thousand word pictures into millions of valuable data points to help better track your project’s progress.

Are we ready for “Big Brother” on construction sites?

As we are all embracing the new digital transformation that this current pandemic is bringing in our daily life. Will this be enough to finally drive the much-needed digital transformation in the construction industry? I certainly do feel unsettled without my international lifestyle, hopping from one industry event to another. I am very sympathetic to […]

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The Future of Construction Post COVID-19 – An Interview with Aarni Heiskanen

I was recently interviewed by Fabian Saverimuttu, Business Development Consultant specializing in AEC & Manufacturing. We discussed the impact of Covid-19 on the construction industry, what is needed to survive, and forecast what the future will look like for this sector. FS: It’s been about 18 months since our last interview. How have you been […]

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San Francisco’s Sinking, Tilting Tower Will Finally Be Fixed 4 Years After Discovery

In 2016, it was discovered that San Francisco’s Millennium Tower, a $350 million, 58-story luxury condo was sinking and tilting. From the most recent count, the tower had sunk 18 inches and leaned 4 inches – doesn’t sound like luxury to me. After several rounds of fix designs, lawsuits, and cracked windows, it is believed that the fixes will begin this fall.

The Most Innovative Company Will Win

Granlund shows how an established company can be an innovator, year after year. The construction industry in Finland has been thriving over the last couple of years. “Business is going so well now that there’s a danger of complacency,” says Pekka Metsi, CEO of Granlund. “I see too little organized innovation taking place within the […]

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