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Intuety

AI to improve health & safety in construction

Today's construction industry is predominantly built on an outsourcing model that prioritises flexible capacity over efficiency and productivity. A principle contractor will often outsource 80% or more of the work to subcontractors and this creates many interfaces between organisations with different systems. Whilst the future may be integration, for now the result is a patchwork of manual processes, often utilising low skilled labour. There iintuety image3s much work being done to agree standards for information management and exchange throughout the lifecycle of a building, however many processes occur indirectly to the asset. Agreeing the scope for an electrician to carry out an electrical installation, organising delivery of a crane, or ensuring that a subcontractor has a plan to deliver their project safely.

 

ProductTechnology
SectorConstruction
Aim of fundingGrowth
HMRC Advanced Assurance receivedYes
Envisaged investor exit4-5 Years
Targeted returnin excess of 4x capital invested