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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