IoT in Construction Market to Quadruple as Hardware, Cloud and AI Drive Growth
Global, September 3, 2025 News Summary A comprehensive market study finds the global IoT in construction market set for rapid expansion, rising from about USD 19.3 billion to roughly USD 72.1 billion over the next decade, driven by a projected 14.1% CAGR. Growth is led by rugged field hardware, cloud-first deployments and AI analytics that enable […]
KEPCO launches S-CAP to standardize submarine cable protection
Gochang, South Korea, September 3, 2025 News Summary Korea Electric Power Corporation has introduced S-CAP, a data-driven software tool that standardizes submarine cable protection by quantifying risk, recommending optimized protection measures and producing design reports. S-CAP accepts site-specific inputs such as anchor types, wave and current conditions, and detailed seabed properties to calculate variable burial depths […]
Autodesk shares rise after strategic update; San Rafael HQ to close
San Rafael, California, September 3, 2025 News Summary Autodesk stock rose amid a strategic update that outlined expanded cloud infrastructure partnerships, a revised product roadmap and an AI-powered collaboration tool planned for near-term launch. Trading volume fell sharply while technical indicators showed mixed signals. The firm said it will close its San Rafael headquarters and reassign […]
Construction and community roundup: job costing tools, SouthPark hotel JV and Strongsville tragedy
Strongsville, Ohio, September 3, 2025 News Summary Several local developments affect contractors, developers and the Strongsville community. A construction accounting vendor launched a job costing software package aimed at new contractors to improve expense tracking, payroll and project profitability. Two local development firms formed a 50/50 joint venture, dubbed Project Mustang, to build a premium dual‑branded […]
US Construction Market Tops USD 1.90 Trillion; Forecast to USD 2.92 Trillion
United States, September 2, 2025 News Summary The US construction market is valued at approximately USD 1.90 trillion and is forecast to reach about USD 2.92 trillion over the coming decade, driven by large-scale infrastructure investment, commercial development, and manufacturing expansion. Rapid adoption of digital and automated technologies — including AI, BIM, 3D printing, AR, telematics […]
New digital‑twin frameworks promise major gains for buildings and river basins
Global, September 2, 2025 News Summary Two scientific articles and several industry case studies chart rapid advances in digital twin technology for buildings and river basins. One paper proposes an MD‑DTT‑BIM framework that fuses BIM, IoT, AI and real‑time simulation and reports lab gains above 95% on multiple metrics using the CUBEMS dataset. A review argues […]
Chicago apartment starts plunge as costs and rules reshape development
Chicago metro, September 2, 2025 News Summary New apartment starts across the Chicago metro plunged sharply as rising construction and insurance costs, higher labor expenses and tighter lending undercut the post-pandemic building boom. The region saw a steep year-over-year decline that pushed it down national rankings and shifted growth toward other metros. Roughly a third of […]
Construction equipment fleet software market set for rapid growth
Global, September 2, 2025 News Summary New research forecasts strong near-term growth in the construction equipment fleet management software market, driven by rising demand for real-time monitoring, predictive maintenance and cloud-based analytics. The report cites adoption of telematics, IoT sensors, mobile dashboards and AI-supported analytics as key trends enabling contractors and rental firms to cut downtime, […]
SK Telecom and Schneider Electric to Supply MEP and Integrate Digital Twin for Ulsan AI Data Center
Ulsan, South Korea, September 1, 2025 News Summary SK Telecom has signed a comprehensive procurement agreement with Schneider Electric to supply MEP equipment—including switchgear, UPS, transformers and automated control systems—for its Ulsan AI data center. Schneider Electric will integrate ETAP digital-twin software with SK Telecom’s AI DCIM platform to enable real-time monitoring, predictive operations and energy […]
Lightweight GCN Predicts Classroom Grades with High Accuracy
Shenzhen, China, September 1, 2025 News Summary A lightweight two-layer Graph Convolutional Network (GCN) can predict four levels of classroom performance with strong accuracy by combining student attributes and social interaction data. Tested on a cleaned dataset of 732 students and a social graph of 5,184 edges, the model uses a 16-feature input matrix and achieves […]