Caterpillar is not resting on what made it successful in the past anymore and probably for good reason. The equipment manufacturing giant recently bought Yard Club, a heavy construction equipment sharing company, looking to take advantage of the recently popularized sharing economy. Earlier this month, Caterpillar invested $2 million in Fastbrick Robotics, an Australian robotic technology company.
You may remember Fastbrick Robotics from a video we shared last year, showing that it can lay brick for an entire house in 2 days. The Hadrian X, Fastbrick’s flagship technology, is a robotic arm attached to a boom and a truck that can lay 1,000 bricks per hour, which 16 times more than a human mason.
The robotics company entered into a Memorandum of Understanding (MAU) with Caterpillar on July 3, 2017 for $2 million, which will aid in the development of Fastbrick’s technology. According to the press release, the MAU will last for 12 months, which can be extended with mutual agreement or terminated at any time. Caterpillar will also use this partnership to market the equipment to its existing customer base.
Here’s the aforementioned video of how the technology works:
Full story: Fastbrick Robotics Signs Memorandum of Understanding with Caterpillar Inc. (pdf download) |Fastbrick Robotics
JBKnowledge, a construction technology and consultancy company, has been producing their annual Construction Technology Report since 2012. Now in its 7th year, it is far and away the most comprehensive collection of survey results in the construction technology sector.
I’m a strong proponent of reducing the amount of pen and paper used on construction jobsites. Handwriting notes is great for personal use, but as soon as you need to get those notes or reports to someone else, you either spend time duplicating your work on a computer or never get around to communicating, because your notes were misplaced, destroyed, or illegible. Fieldwire, a field software for collaborating on plans, punch lists, and scheduling, among others, has recently announced the release of a custom form building tool to reduce the need for paper on your jobsite.
As much as we like to push for the digitization of the construction jobsite on Construction Junkie, there’s no doubt that there are many within the construction workforce that are still apprehensive to go fully electronic. There’s something to be said for feeling and manipulating something with your hands, as opposed to pointing and clicking. SlatPlanner is a new way that construction companies can electronically build a project schedule, while maintaining a hands-on approach.
Ekso Bionics has been making exoskeletons since 2005. Originally designed with the military in mind, but then later shifted to physical therapy. In more recent years, they have begun targeting more physical professions, especially those with repetitive tasks or a lot of lifting. One of their most recent products is called the EksoVest.
As mobile apps and project management software are becoming more prominent on construction sites around the world, it’s important that those getting ready to enter the industry, whether it be through college or trade schools, get the training they need to hit the ground running with these programs. PlanGrid,a construction project management and mobile productivity software, has recently announced the release of PlanGrid Schools & Unions, which gives access to hands-on training curriculum and software licenses to industry educators.
When we first began talking about construction technology in 2015, there were a lot of pie-in-the-sky ideas. Many products had financial backing, but no legitimate proof of concept or path to a commercial market. Fast forward just 3 years and many of those same products are starting to hit limited jobsites and have a viable chance to succeed in the industry.
Autodesk, the software company synonymous with architectural and engineering design, has gobbled up yet another construction related software just a few week after its massive acquisition of PlanGrid. It’s most recent acquisition, BuildingConnected, will help bolster Autodesk’s growing construction brand and help them grow additional profit pipelines.
Almost 3 years ago, Milwaukee Tool rolled out its tool tracking application called ONE-KEY, which is available on Apple, Android, or the web. The tool manufacturer has an ever-expanding line of tools that are ONE-KEY enabled, which not only let users edit the settings of their tools through an app, but they also allow them to lock out a tool, rendering it useless in case it’s lost or stolen.
Fresh of the heels of their $875 Million Acquisition by Autodesk, PlanGrid has released several enhancements to streamline your processes. Through the release of PlanGrid Connect and a couple other enhancements, it will now be easier than ever for users to reduce manual data entry across multiple applications.
2 different tablet belt clips up for grabs! Contest ends on 12/12/18!