Cemex Ventures, Hilti open Construction Startup Competition

Sources: Hilti North America, Plano, Texas; CP staff

“You are the missing piece” is the theme of a worldwide competition for new entities or business plan proposals addressing five areas of construction value chain opportunity: Smart and sustainable cities and buildings; digital solutions for project and jobsite management; supply chain management; innovative materials or methods; and, optimization of productivity, efficiency and quality in daily project management.

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Cemex Ventures opens third competition for funding-worthy startups

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“Apply. Grow. Make Your Mark.” is the theme of Cemex Ventures’ Construction Startup Competition 2019, aimed at identifying entrepreneurs and entities whose business plans or vision align with six areas of opportunity: intelligent buildings and cities; optimization of supply chain management; construction with innovative materials and methods; and optimization of the productivity, efficiency, and quality of the daily management of work on site.

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Cemex Ventures opens funding candidate competition

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff

“Apply. Grow. Make Your Mark” is the theme of Cemex Ventures’ Construction Startup Competition 2019. Open to applications and proposals through April 21, it targets entrepreneurs and entities whose business plans or vision align with these areas of opportunity: Intelligent buildings and cities; Supply chain management; Construction with innovative materials and methods; and, Optimization of the productivity, efficiency, and quality of daily work site management.

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Cemex Ventures funds job progress-tracking app developer

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The venture capital unit of Cemex S.A.B. de C.V. has invested in StructionSite, a new technology player promoting digital worksite models to reduce time required to calculate construction progress—a function representing up to 2 percent of total project costs. StructionSite software generates models with images from 360-degree view cameras. Through the user’s position, plus Computer Vision and Machine Learning technologies, it analyzes and illustrates exterior and interior work status. The application obtains contextualized information to enable strategic decision making, along with improved coordination between project principals and the trades. It offers what Cemex Ventures calls deep differential value by combining support on a web-based platform and mobile application, plus ease of use and integration with other tools to streamline information flow.

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Cemex investment unit takes stake in IoT-driven Concrete Sensors

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff

Cemex Ventures’ first “smart concrete technology” investment is a developer of wireless sensors conveying accurate, project schedule-accelerating data. The sensor and transmitter technology of Cambridge, Mass.-based Concrete Sensors enables contractors and engineers to monitor hardening slabs’ and structures’ temperature, relative humidity and strength. 

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Cemex prepares launch of fully digital account management platform

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff

This month will see Cemex ready mixed, cement and aggregate operations in the U.S. and Mexico kick off a year-long, global deployment of Cemex Go, billed as a fully digital suite of services to help reduce customers’ administrative burden and free up time to focus on strategic business matters. Customers registering for the application will be able to work with the producer anytime and anywhere using multiple devices; review transaction histories; track shipments real-time via GPS; receive instant order status notifications; adjust orders; and, have full visibility and transparency of information they need to better manage their businesses.

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Cemex Ventures: Connectivity, technologies, urban planning

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff

A new Cemex corporate unit will focus on innovation, technology and venture capital as they drive construction industry evolution. Looking beyond core cement, concrete and aggregate businesses, Cemex Ventures will open an inaugural call later this month for startups, entrepreneurs, innovators, and entities exploring new opportunities in:

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