Why 70% BIM Adoption Is A Lie (And What Procore Just Did About It) - PROCORE's BIM STRATEGY
Most construction companies think they're using BIM. They're not. And it's costing them 20% on every project.In this episode of Bricks & Bytes, Owen sits down with Dave from Procore's BIM team and Tore Hovland, founder of NovaRender (recently acquired by Procore), to unpack what's really happening in the BIM space and why two major acquisitions just changed the game.Key topics discussed:Why BIM adoption is actually 20-30%, not the 70% everyone claimsThe hidden 2GB browser limit killing your ability to view large modelsHow building from 2D vs 3D vs full BIM changes cost overruns from 20% to 5%Why Procore spent millions acquiring NovaRender and Flypaper simultaneouslyThe streaming technology that lets you open 50-mile infrastructure projects in secondsWhat 80% of acquisitions fail and why culture matters more than techThe future where construction happens without drawings"Where we're going, there are no drawings. You could actually build off the model. It could actually be the permit that goes out." - Dave, ProcoreIf you've ever wondered why your BIM models won't load, why projects keep going over budget, or what the hell is actually happening with construction technology right now, this episode breaks it all down.---------------Our Sponsor: Archdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comBuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.ioChapters00:00 Intro02:00 Introduction to Procore and NovaRender Acquisition04:02 Winning BIM: Strategies and Challenges06:52 The Significance of NovaRender in BIM12:04 The Vision Behind NovaRender's Creation15:42 The Decision to Partner with Procore16:57 Acquisition of Flypaper: Enhancing BIM Solutions19:51 BIM Adoption Trends and Statistics23:47 The Impact of BIM on Project Costs28:49 Procore's Growth Strategy in Europe30:26 The Importance of Data Ownership in BIM37:41 Dave's Background and Its Influence on Procore39:16 The Evolution of BIM and Sustainable Construction41:04 User-Centric Design in Construction Technology42:45 Streamlining BIM Models for Field Use45:40 Defining Success in BIM Adoption50:20 Lessons from Founding NoRender54:17 The Acquisition Process: Insights and Experiences01:03:53 Future Predictions for BIM and Construction Technology
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Bricks & Bytes
The €7bn CEO Breaking Every Rule In Construction
Jan Hendrik Goldbeck CEO of GOLDBECK grew his family construction business from €750M to €7B by treating buildings like LEGO.In this episode of Bricks & Bytes, we sit down with Hendrik Goldbeck, CEO of Goldbeck Group, who reveals how 60 years of stubborn innovation and perfect timing transformed a small German metalworking shop into Europe's construction powerhouse.FULL DOCUMENTARY COMING FRIDAY 26TH SEPTEMBER, SUBSCRIBE TO @BBBeyond TO STAY UPDATED: https://www.youtube.com/watch?v=SQPQc0blM3kKey topics discussed:- The 1969 origin story: Why his father rejected "we've always done it this way" thinking- German reunification luck: How overnight demand boom accelerated their product approach- The "war of all against all": Why traditional construction's sequential trade-by-trade model fails- From steel elements to turnkey buildings: 60 years of step-by-step evolution- Decentralization strategy: Getting close to architects and engineers in early design stages- Why construction tech "Tesla" startups keep failing (spoiler: it's still physical construction)- The asset-heavy advantage: Why Katerra failed and patient money wins- Cultural integration challenges: Germans want execution, French want endless discussion- AI's future impact: Prompt-driven design cutting pre-construction from months to weeks- "Nature positive buildings" moonshot: Carbon neutral concrete without green premiums- US expansion plans and the importance of local JV partnerships- Leadership philosophy: Open hierarchies vs flat hierarchies"You cannot come from outside and say 'I'm going to be the Tesla of construction.' It's still construction with all the physical restraints. Each project is still individual even with a product approach." - HendrikFrom surviving the 2008 financial crisis by going anti-cyclical to planning voice-activated building configurators, discover how this stubborn German family business is industrializing construction one LEGO brick at a time.Check out our interview with Goldbeck's tech team here: https://youtu.be/vDNUsgVmZHgEnjoy this? Want further exclusive insights in AEC tech? Sign up to our newsletter: https://bricks-bytes.beehiiv.com/----------------Chapters0:00 - Introduction & Company Growth Story1:04 - Goldbeck Origins & Industrialization Vision6:02 - German Reunification & Market Transformation9:20 - Strategic Growth & International Expansion14:37 - The Goldbeck System & Product Approach19:05 - Industry Resistance & Competitive Landscape22:09 - Growth Philosophy & Strategic Priorities27:35 - Future of Construction & Technology34:06 - Sustainability & Nature Positive Buildings38:02 - Leadership & Company Culture42:01 - Customer Value & Business Model44:13 - Startup Ecosystem & Innovation45:43 - Global Expansion Strategy
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Bricks & Bytes
How 570 Software Tools Power Europe's Most Innovative Construction Company
This German construction giant cracked the code on building 500 projects per year with LEGO-like precision.In this episode of Bricks & Bytes, we sit down with Fabian, Managing Director of Goldbeck Technologies, who reveals how this family-owned company complete rewrote the rules of construction by treating buildings like configurable products rather than one-off projects.FULL DOCUMENTARY COMING FRIDAY 26TH SEPTEMBER, SUBSCRIBE TO @BBBeyond TO STAY UPDATED https://www.youtube.com/watch?v=SQPQc0blM3kKey topics discussed:- Why traditional construction is broken (fragmented design with no shared responsibility)- The "LEGO approach": How standardized building systems enable mass customization- 480-person R&D department developing everything from AI chatbots to augmented reality quality control- Building Operating System: Creating live digital twins for operations and maintenance- Why most construction startups fail by trying to "make horses better instead of building cars"- From 3,700 to 14,000 employees: The 40-year journey to their "hockey stick" moment- 570+ software solutions and the challenge of managing technological complexity- AI as an interface layer: Using agents to orchestrate multiple tools seamlessly- Decarbonizing concrete and steel: Already 35% below market average carbon footprint- The configurator vs. client choice dilemma: "We give options, not open-ended questions""We try to sell a product rather than an individual project. It's like configuring your car - you can decide comfort steering wheel or sporty steering wheel, small engine or racing engine. We make sure everything fits together." - FabianFrom factories producing prefabricated elements to augmented reality construction management, discover how Goldbeck industrialized an industry that most consider "un-industrializable."Check out our interview with GOLDBECK's CEO, Jan Hendrik: https://www.youtube.com/watch?v=4-zrwzhId0cEnjoy this? Want further exclusive insights in AEC tech? Sign up to our newsletter: https://bricksbytes.beehiiv.com/Chapters0:00 - Fabian's Role at Goldbeck Technologies0:49 - Company Culture & Technology Foundation1:12 - Building 500 Buildings Per Year with Technology2:31 - Goldbeck Technologies: 480 People R&D Division3:50 - Balancing Future Innovation vs Immediate Profits5:52 - Building Operating System & Digital Twin Development6:53 - Most Exciting Innovation Areas & Nature Positive Buildings8:40 - Traditional Construction Problems vs Goldbeck's Solution9:58 - Product Approach & Early Client Engagement Strategy12:05 - Finding Clients Early: Regional Sales & AI Tools13:43 - In-House Design Teams vs External Consultants14:46 - Product-Specific BIM Implementation15:31 - Client Education & Overcoming Market Resistance18:15 - Decision-Making Process: Car Configurator Analogy19:13 - Lean Construction vs Managing Just-in-Time Delivery20:39 - Why Few Companies Use This Approach (40-Year Development)22:11 - Complex Business Model Requirements22:59 - Technology Success Stories: Building Automation24:19 - Augmented Reality for Quality Control25:54 - Software Development Team (120-140 People)27:03 - ID Solution Process: Build vs Buy Decisions28:00 - AI Department & Implementation Strategy29:36 - Internal AI Chatbot & Knowledge Management30:43 - AI in Design: Configurators vs AI Designers31:46 - Managing 570+ Software Solutions33:00 - AI as Interface for Multiple Tools34:50 - Robots in Factories vs Construction Sites35:44 - Innovation Scouting & Stage-Gate Process36:52 - Venture Capital Fund Partnerships38:56 - Direct Startup Investments & Focus Areas40:41 - Sustainability & Carbon Neutral Goals42:19 - Timber vs Concrete: Cost-Benefit Analysis44:00 - 35% Carbon Reduction in Concrete Elements45:04 - Success Metrics & Company Culture47:10 - Goldbäcker Family Culture & Work Environment
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Bricks & Bytes
From Arduino to Innovation: How Massimo Democratized Hardware Prototyping - BitBuilders - Building hard things
Note : This is a re-release of an episode that was originally uploaded to BitBuilders."I've made every single mistake that exists in running startups." - Massimo Banzi, co-founder of ArduinoOur host, Gabriele Tinelli - investor at Foundamental, Aerospace Engineer and hardware nerd - sits down with Massimo Banzi, the co-creator of Arduino. They discuss the evolution of open-source hardware, the challenges of building a global brand, and the future of edge computing in robotics. Banzi shares insights on making technology accessible to beginners while still serving professionals. He emphasizes the importance of hands-on learning in tech education and reflects on the changing landscape of open-source projects. ----Chapters00:00 Intro04:30 Introduction to Interaction Design and Massimo Banzi09:44 The Birth of Arduino: A Prototyping Revolution19:35 Arduino's Evolution: From Hobbyist to Professional Tool29:20 The Arduino Community and Open Source Philosophy36:27 Future Trends: Arduino and AI Integration39:50 Integrating Arduino into Systems41:24 The Power of Edge Computing42:40 Advancements in Computer Vision for :04 The Role of AI in Robotics47:32 Lessons from Startup Experiences52:53 The Evolution of Open Source54:43 Encouraging Young Innovators1:01:16 Current Projects and Future Aspirations1:05:41 Advice for Educators and Future Generations
Retrofitting Yellow Machines: The $250,000 Labor Cost Savings in Construction
Are robots taking over construction sites? The future of "yellow machines" might surprise you.
In today's episode of Bricks, Bucks and Bytes, we got to learn about Teleo, a startup retrofitting heavy machinery for remote operation and semi-autonomous functionality.
We also explored the intriguing case of ServiceTitan's IPO plans, shedding light on the complex dynamics of venture capital and founder equity.
Additionally, we delved into the challenges and opportunities in automating construction equipment across various environments.
Tune in to find out about:
✅ The battle between full autonomy and teleoperation in construction robotics
✅ Why retrofitting existing machinery could be a game-changer
✅ How controlled vs. uncontrolled environments impact automation adoption
✅ The potential pitfalls of aggressive venture funding for founders
Listen now on Spotify to stay ahead of the curve in construction tech innovation.
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Chapters
00:00 Exploring the Robotics Space
03:02 Teleoperation vs. Full Autonomy
05:58 Applications in High-Risk Environments
08:55 Market Dynamics and Venture Backability
12:03 OEMs vs. Startups in Innovation
14:59 The Future of Autonomous Machinery
17:54 Service Titan's Path to IPO
31:09 The Russian Roulette of Venture Capital
34:41 Conflicts of Interest in Business Decisions
39:12 The Cost of Venture Capital
41:51 Understanding IPOs and Profitability
44:04 Economic Predictions and Their Implications
52:57 The State of Construction Technology in Europe
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Bricks, Buck$ And Bytes
What We Learned After a Year of Talking to Construction Tech's Biggest Names
"Follow the money to grow, follow your passion to build. While US construction tech startups have raised $30B, India's $1B investment is yielding better returns."
In today's episode of Bricks & Bytes, we did our November Monthly Review where we reflected on an action-packed month of content creation and exciting future plans.
We even explored fascinating market dynamics, founder insights, and geographic opportunities in construction tech.
Tune in to find out about:
✅ Our successful launch of the AI in Construction Report and first steps into monetization
✅ Highlights from our Boston trip interviewing startups at Suffolk's boost cohort
✅ Behind the scenes of the upcoming Ediphi super series releasing in January
✅ Plans for New York and San Francisco tour in 2025, plus a potential India expansion
Listen to the full episode on Spotify to hear Owen, Martin, and Patric discuss their key takeaways from November, upcoming content plans, and Patric’s take on why founders often over-obsess with product and under-obsess with distribution.
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Chapters
00:00 End of Year Reflections
03:01 Cultural Differences in Business Mindset
05:50 The Impact of Travel on Business
08:47 Exploring AI in Construction
12:11 The Role of Community in Innovation
14:55 Challenges in Design and Construction Software
17:52 The Disconnect Between Traditional and Startup Worlds
21:00 The Influence of Trust in Business Relationships
24:07 Venture Capitalists in Government
26:59 The Future of Governance and Innovation
32:48 Understanding Argentina's Political Landscape
35:09 The Importance of Product Distribution
40:40 Marketing Challenges in Construction Tech
43:47 Trends in AEC Technology
44:29 Talent Acquisition in the AEC Sector
46:03 Investment Trends in Construction Tech
50:34 Cultural Insights: Christmas Traditions
57:33 Closing Thoughts and Future Plans
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Bricks, Buck$ And Bytes
156 Indian Companies Grew 20% Annually for 20 Years: What It Means for Construction Tech
Did you know that India has 156 publicly listed companies that have grown their revenue by over 20% annually for the past 20 years? That's more than the US, China, Japan, and Germany combined!
In today's episode of Bricks, Bucks and Bytes, we got to learn about the upcoming IPOs of Swiggy and BlackBuck in India, signaling a vibrant economy and thriving tech sector.
We also discovered that B2B marketplaces are flourishing in India, with BlackBuck's successful IPO setting a positive example for similar companies worldwide.
Additionally, we learned about the opening IPO window in Western markets, with companies like ServiceTitan and Klarna preparing to go public.
Tune in to find out about:
✅ The surprising growth rates of Indian companies
✅ How B2B marketplaces are thriving in India
✅ The opening IPO window in Western markets
✅ Upcoming construction tech IPOs to watch
Listen now on Spotify to gain insights into the rapidly evolving construction tech landscape and investment opportunities in India and beyond.
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Bricks, Buck$ And Bytes
Cintoo's $37M Series B, Reality Capture Market Growth, Partech's Investment Strategy - How Cintoo Is Revolutionizing Reality Capture in Construction
Is the construction tech market becoming more obvious? Are we on the cusp of a tech IPO boom?
In today's episode of Bricks, Bucks and Bytes, we got to learn about Cintoo's $37 million Series B funding round led by Partech, signaling growing interest in reality capture and data compression for construction sites.
We also explored the potential for a surge in tech IPOs in 2025, as evidenced by Thrive Capital's rumored $1 billion investment in Databricks at a $55 billion valuation.
Additionally, we discussed the evolving landscape of construction tech investing, where specialist knowledge becomes less critical as companies mature and become more "obvious" to generalist investors.
Tune in to find out about:
✅ The growing market for reality capture in construction
✅ How to interpret large late-stage funding rounds
✅ The potential for a tech IPO boom in 2025
✅ The changing dynamics of specialist vs. generalist investors in construction tech
Listen to the full episode on Spotify to dive deeper into these insights and more.