The construction industry employs about 7% of the world’s population of working age, and is one of the largest sectors of the world economy, with $10 billion spent on goods and services.
A McKinsey study certified that the construction industry has a productivity growth rate of less than 1% compared to 2.8% worldwide. It is an industry that takes time to adopt new technologies and management techniques that could increase its value by $1.6 billion.
We live in a world of constant change, with opportunities and solutions never before imaginable, therefore the sector must also focus on technological innovation and digitalization. HoloBuilder is a technology company of German origin based in Silicon Valley, which has decided to design its own road map to increase the productivity of this sector.
From its innovative culture, HoloBuilder has promoted the introduction of photographs in 360° and the use of machine learning in this industry, facilitating the photographic documentation of the work in progress, reducing the number of visits necessary to monitor its progress, and connecting designers, builders and investors on the same platform. This is a technology that makes the sector more sustainable, and explores the improvements that digitalization can bring to construction teams.