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Innovo and Contilio partner to digitize construction in the Middle East and beyond

Contilio’s 3D AI analytics platform significantly reduces Delay, FTE, Errors, and Waste, unlocking significant savings and 25-30X ROI, in addition to creating intelligent digital twins that span the assets’ whole life.

LONDON, UNITED KINGDOM, July 17, 2023 – Contilio, the Built Environment’s #1 AI Insights Platform, announced today a strategic partnership with Innovo Group, the fully integrated global construction and real estate business born out of ASGC Construction, one of the Middle East’s most prominent construction conglomerates. As a part of this partnership, Innovo will be using Contilio’s 3D AI analytics software to accelerate its digital transformation, enable digitized and efficient project delivery, and to promote safer and more sustainable construction in the middle east and beyond.

Unlike 360° job site documentation and reality capture tools, Contilio’s analytics platform harnesses the power of 3D Artificial Intelligence to automatically analyse the captured reality (Lidar and 360 images) at scale. Irrespective of how the site data is collected, construction progress/ as-built quantities, installation quality, and delay/rework risks and issues are automatically tracked in hours for projects of different size, nature, and complexity. It is this flexibility, speed, and scalability that is so valuable to Innovo, as it develops a smart and integrated system to capture and analyze vast amounts of as-built data.

By automating critical construction processes and access to actionable, data-driven insights with AI, Contilio enables digital delivery, timely decisions, enhanced productivity, and faster, sustainable and cost-efficient construction. For example, Innovo can track the true project performance in hours and identify and prevent installation issues with agility, while creating intelligent as-built digital twins that during and after construction. These digital twins enable digital handover, enhanced change and dispute management, smart operations and accelerated time to cashflow, among other benefits.

Hear from Innovo Group

“We are on a digital transformation journey to drive innovation, collaboration and sustainability”, said Innovo Chief Technology Officer Roger Wahl. “Our partnership with Contilio is a crucial part of that transformation, as we explore how integrating established and emerging technologies can transform the way we conduct our operations and make effective use of site data.”

“AI is emerging as a disruptive force in the construction sector, and it is imperative that our industry, which remains heavily reliant on manual systems, capitalize on the potential of AI-powered construction”, said Innovo CEO, Bishoy Azmy. “We are taking a leading role in accelerating the digitization of the construction sector and hope that our partnership with Contilio inspires industry peers to similarly invest in AI solutions.”

Zara Riahi, CEO of Contilio added, “We are incredibly excited to partner with and support Innovo in their digital transformation journey. As with any major industry disruption, it takes innovation champions like Innovo to drive meaningful change, and we look forward to working collaboratively to bring significant cost, time, and carbon efficiency to Innovo, and their construction and development portfolio, globally.”

What’s next?

Contilio and Innovo will be working closely together to scale Contilio’s use in the middle east and in other regions including the UK and Canada. In partnership, we will be rolling out new and critical functionalities that will help track and optimize CO2, cost and payments. This will deliver significant value and cost savings for Innovo projects, clients and supply chain partners – stay tuned!

Get in touch

For more information regarding this announcement please get in touch with Jack Li or contact us via our Website. You may also check the Innovo Group’s announcement here.

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With world’s first AI Quantity Tracker, Contilio transforms CO2 and cost management for built environment

The new 3D AI-empowered functionality enables automated production tracking and accelerates time to revenue and cash flow, as well as CO2 tracking and optimisation.

LONDON, UNITED KINGDOM, MAY 22, 2023 – The 3D AI-powered construction analytics platform, Contilio, has officially launched its first-of-its-kind AI Quantity Tracker, to automate the resource intensive, error-prone and costly process of manually tracking onsite installed quantities during construction.

The new functionality gives actionable insights on the production rate of all installed elements in a few hours, improving the productivity of the current process and its coverage by 20 times. By automating valuations and quantity take-offs, Contilio’s Quantity Tracker streamlines cost tracking and payments. This enables real estate and construction companies to improve their cash flows and time to revenue at a time when material costs and interest rates are at their highest since 2020. Financial institutions can also use the software to gain visibility into actual progress before releasing drawdowns, and to assess and mitigate the delay and rework risks during construction.

Real Estate industry demands accurate quantities and embodied CO2 tracking

With the real estate industry facing mounting pressure to reduce its carbon footprint, shareholders, market, and regulators’ demand for automated carbon tracking and reduction for construction projects and operating assets has accelerated 10-fold.

By enabling CO2 to be monitored and optimised throughout construction and operations, Contilio’s quantity tracker reduces the carbon usage of real estate assets significantly. This means that companies can achieve their sustainability goals and benefit from increased asset values, stable revenues, and access to green financing products, offered at a cheaper rate relative to traditional loans.

CEO of Contilio Zara Riahi comments on the new capability:
“I am excited to announce the launch of our cutting-edge quantity tracker to support the fast-growing demand from our customers and the global built environment for optimised CO2, cost, and payments. Having worked in the industry myself, I have a great appreciation for how time consuming, siloed and costly the current processes can be and how hard it is to get paid in a timely, transparent manner.

“Our quantity tracker functionality has been tested in over 3.5 million square feet of building and infrastructure projects, saving millions. It will be offered as a part of our existing 3D AI platform, empowering our current and future customers to deliver and operate their construction projects and existing assets within accelerated timeframes, more cost efficiently and sustainably.”

About Contilio

Launched in 2019, Contilio is a 3D-AI-powered analytics platform that automates quantity, installation quality and progress tracking, ensuring that critical construction projects are error-free, on time, on budget and carbon optimised. Contilio also enhances the operations and sustainability of assets once construction is complete, irrespective of whether building information models (BIM) are present. 

Contilio’s powerful technology delivers 25 to 30 times ROI to developers, asset owners, general contractors and financial institutions in more than 102 million square metres of building projects and $25bn of infrastructure assets. The versatile platform is used across all types of building and infrastructure projects in the UK, the USA, and most recently in the Middle East.

Get in touch

For more information regarding this press release please get in touch with Jack Li, or contact us via our website.

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Aldar partners with Contilio to bring AI-powered project controls to a multi-billion dollar portfolio

Contilio’s 3D AI analytics platform significantly reduces delay and rework costs, and helps create smart digital twins that span the assets’ whole life.

LONDON, UNITED KINGDOM, January 30, 2023 – Contilio, the Built Environment’s most powerful 3D AI analytics platform, announced today a strategic partnership with Aldar Properties. The real estate giant will be using Contilio for its construction portfolio, including its $4 billion Saadiyat Grove mega development.

Construction site with company logos overlayed.

Contilio’s analytics platform is not merely a 360° job site documentation tool. Harnessing the power of 3D Artificial Intelligence, Contilio automatically analyses Lidar and 360 images at scale, irrespective of how the data is captured, fully automating construction progress, installation quality and predictive risks for building and infrastructure projects. This enables Aldar and their supply chain partners to automatically augment their BIMs with actionable progress and quality insights throughout construction; it also means that Aldar is always staying ahead of delay risks and quality issues. Contilio’s platform also connects the augmented BIMs with intelligent site data and updated schedules, fully eliminating the data silos by creating “smart digital twins” that are used collaboratively by different stakeholders during construction and operations. 

“Contilio has enabled us to smartly monitor the construction quality and progress of our sites and bring about real impact” said Jonathan Emery, CEO of Aldar Properties. “The benefits and future applications are exciting, and we look forward to working with Contilio to create significant value for our shareholders, partners and customers through delivering high-quality, sustainable assets.”

“To date, we have proudly brought schedule predictability and reduced rework costs and waste to over $25 billion of projects, and over 102 million square feet of assets globally. We are very excited to be partnering with Aldar to support them on the next phase of their digital transformation journey.” said Zara Riahi, CEO of Contilio.

What’s next?

Contilio will be working closely with Aldar in the coming months to accelerate the delivery of Aldar’s ambitious digital transformation strategy in areas such as automated CO2 tracking and payments, so stay tuned!

Get in touch

For more information regarding this contact please get in touch with Jack Li or contact us via our website.

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Contilio & TÜV SÜD partner to provide AI construction quality control

Contilio,  a leading London-based construction analytics software company announces the establishment of a joint AI solution together with the global leader in testing, certification, and inspection TÜV SÜD. 3D AI Construction Inspection addresses the key needs of the construction industry by providing automated defect analysis, installation quality verification and progress tracking for building and infrastructure construction projects. The solution enables asset owners, general contractors and investors to deliver quality projects within the time, cost and risk requirements, and at the same time enhance their Return on Investment (ROI).

The global construction industry with annual sales of US$ 12 trillion is undergoing fundamental change, primarily driven by high construction costs, shortage of skilled labour and increasing pressure for sustainable, environmentally friendly operations. “Shockingly, 60 percent of all construction projects experience significant delays, and up to 30 percent of construction costs are swallowed up by the need for rework and installation error rectification”, says Joachim Birnthaler, CEO of TÜV SÜD’s Real Estate & Infrastructure Division. “In addition, more and more owners, developers, and investors are seeking to maximise the quality of their construction projects, delivering them more sustainably and with reduced carbon footprint.” 

Digital methods such as Building Information Modelling (BIM) and Digital Twins are instrumental in helping to deliver construction projects with significantly improved productivity, sustainability and delivery timeline as well as reduced costs.  “However, this only works when the digital models are correctly applied from the project outset and kept up to date and compliant throughout the construction with the help of advanced technology and automated underlying processes”, warns Birnthaler. With this in mind, TÜV SÜD joined forces with Contilio, using the UK-based breakthrough technology as the basis for bringing AI-based Construction Quality Control to our customers globally

 

 

 

Zara Riahi, CEO of Contilio says: “Our solution combines advanced 3D AI technology with 150 years of global inspection and testing expertise to automatically provide actionable intelligence from 3D construction site data (Lidar/Laser scans) in real-time. This is done by intelligently identifying all structural, architectural, MEP and fitout elements in 3D site data, and then automatically comparing them with the BIM and the schedule. Our AI software works seamlessly with commercially available Lidar scanners and drones and helps to automatically track construction progress and installation quality for both building and infrastructure projects. In addition, this automated comparison helps keep digital twins up-to-date during the construction and provides the opportunity to rapidly detect any deviations from plans or installation errors and eliminate them with agility.”

Data-driven risk management

The 3D AI Construction Inspection solution benefits general contractors, developers, owners, and investors by providing an informative overview of the current status of a construction project, supporting data-driven risk management and decisions. The digital solution enables all project stakeholders to access the same information from a cloud-based environment, thus improving issue resolution and communication. In addition, the automated processes reduce the cost and time required for quality control and progress tracking, which is currently done manually and based on spot checks.

“Our 3D AI Construction technology plays an important role in completing major construction projects on time, on budget and with high quality”, says Joachim Birnthaler. “The high level of automation cuts costs and reduces the ‘entry barrier’ for digital solutions in construction projects”, adds Zara Riahi.

Both experts are convinced that the many benefits of Digital Construction Inspection for asset owners, general contractors and investors represent a leap in the digitalisation of the construction industry.

For more information on the service, please visit the TÜV SÜD X Contilio 3D AI Inspection page.


Contact Details: For more information please contact  Jack Li at jack@contilio.com

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Global Proptech VC Pilabs invests in Contilio to transform the way the world builds with 3D AI

The global Proptech Venture Capital firm, Pi Labs, has led the latest investment into the AI-based analytics software Contilio to enable the global construction industry to intelligently track, predict and transform the delivery of building & infrastructure projects, with 3D AI.

The breakthrough 3D AI construction analytics platform will use the funds to onboard more customers, further advance its product & tech and accelerate its growth. This acceleration is fuelled by a c500 per cent increase in global demand for its construction progress, installation quality and risk software.

The global construction is valued at USD13 trillion. Despite pioneering a lot of technological innovation, including CAD, simulation and early machine learning applications, the building and infrastructure construction is still the 2nd least productive industry. Every year, approximately 40% of the construction value is lost in unnecessary delays, rework and waste. Increased investments in Building Information Management (BIM) and visualisation while valuable, has not done much to bridge the critical gap between construction plans and the as-built reality.

Contilio’s world-first AI platform provides actionable intelligence from 3D construction site data (Lidar/Laser scans) by intelligently classifying all structural, architectural and MEP elements and automatically comparing them with the BIM and the schedule. The easy-to-use software works seamlessly with all commercially available Lidar/Laser scanners and most recently drones. Since launching from stealth in 2019, Contilio has been used by global general contractors (e.g., Balfour Beatty), developers (e.g., Prologis) and owners (eg TUV SUD), helping them deliver building, infrastructure and data centre projects cheaper, faster and more sustainably.

On average, customers report that the Contilio platform delivers the progress and quality insights 15 times faster for 100 per cent of the construction site. This, for the first time, enables key stakeholders to automatically track construction progress, swiftly eliminate delays and installation errors, and to make smart decisions. When deployed at scale, Contilio delivers significant cost savings, better bid performance and  20x return on investment. Due to the significant reduction in construction rework and waste, CO2 emissions are reduced, helping sustainability strategies.

The next version of Contilio’s cloud-based product which will be launched soon enables the users to access the insights 24/7 from anywhere in the world with 10x better performance in terms of visualising 3D insights when compared with the likes of Autodesk. A free version will be also made available to a short-list of power users.

Zara Riahi, Co-Founder & CEO, at Contilio, says: “Construction is a pivotal part of all of our lives whether we are indoors, commuting or communicating. After spending years managing mega construction projects and investing in AI and Fintech, I realised that the 3D AI advancements would help deliver the much-needed change for an industry that I knew deserved much better.

“The Covid-19 pandemic, shortage of skilled workforce, and the growing trend for better build quality have exponentially increased the demand for data-driven insights, predictable outcomes and timely verification of installation errors. This has shifted the industry’s focus from 360 visualisation tools, to automated and scalable software, taking the value game to the next level.

“Pi Labs investment and its unparalleled access to a global network of property and construction leaders will be a great asset to Contilio as we quickly grow our customer base and advance our business in our journey to reshape the global construction industry. We look forward to working together and having a positive impact on the future of real estate and infrastructure.”

Faisal Butt, CEO of Pi Labs, says: “ESG and progression of the real estate industry have always been core to Pi Labs’ mission. Construction is a key part of that equation, where manual, costly and paper-based processes have been a core reason for wasteful errors, costly delays and significant overruns. Our research shows us that Construction is ripe for technology disruption and that Construction tech has a vital role to play as we work towards achieving net zero, optimised supply chain and efficient construction delivery.

“Contilio’s innovative solution fills a large void in terms of enhancing construction efficiency and reducing waste. Their AI software not only helps enable significant cost savings during construction, but also drives sustainability benefits and better build quality for owners and developers, enabling them to continue to reap the benefits during asset operations. That is why we at Pi Labs are delighted to be supporting Contilio’s expansion and continue to believe that Construction Tech will offer many innovations that will improve our built environment.”

Source: Private Equity Wire, Placetech.net, Property Week

For more information, please contact us at contilio.official@contilio.com.