DIGITAL CONSTRUCTION
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 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 , said 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 , critical delays and overruns ,” he said . “ Our research shows us that Construction is ripe for technology disruption and evolution 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 solution fills a large void in terms of enhancing construction efficiency and reducing waste . Its 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 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 .”
72 August 2021