Buildxact launches Blu AI suite to ease homebuilding labor shortage
Austin, Texas, September 13, 2025 News Summary Buildxact has launched Blu, an AI assistant suite and platform upgrades aimed at helping small and mid-size homebuilders cope with labor shortages and speed routine work. Blu includes automated takeoffs, an estimate generator, an estimate reviewer and an assembly/recipe assistant, with features like automatic plan scaling, perimeter measurements and […]
Touchplan adds minute-level scheduling and shift management
McCormick Place, Chicago, September 13, 2025 News Summary MOCA Systems will debut Precision Time Planning for its Touchplan platform, introducing minute-level scheduling and built-in shift management to improve field planning and crew coordination. The capability lets teams plan and sequence tasks from weeks down to minutes, support short-duration and repetitive activities, and reassign crews within a […]
Portland board expands contract to speed new Jefferson High construction
Portland, Oregon, September 12, 2025 News Summary The Portland Public Schools board voted 6-1 to expand a contract with Texas-based construction manager Procedeo, approving an additional $487,500 to accelerate planning and work on a new Jefferson High School. The payment is authorized through the end of December and builds on a prior $149,500 engagement, bringing total […]
System cuts BIM duplication and adds Blockchain 3.0 virtual disk
International research team, September 12, 2025 News Summary A research team has introduced tSDT and openBIMdisk to make BIM exchanges leaner and traceable. tSDT records semantic, object-level differences so only real model edits become transactions, while openBIMdisk exposes a Blockchain 3.0 virtual disk that stores lightweight change records on-chain and keeps bulky files off-chain. In a […]
AI in Construction Market Projected to Grow Fivefold to $12.1 Billion
Dublin, September 12, 2025 News Summary A Dublin-based market report finds the global AI-in-construction market currently valued at about US$2.4 billion and forecast to expand sharply to US$12.1 billion by the end of the decade at a strong CAGR. The study examines adoption trends, technology integration and profiles a broad set of industry players. AI applications […]
Private equity firm makes majority growth investment in Carlsbad field-management app
Carlsbad, California, September 12, 2025 News Summary A private equity firm has completed a majority growth investment in a Carlsbad-based construction field-management software provider that serves more than 4,500 firms and over 70,000 users across North America. The deal injects capital and operational support to expand product capabilities—like daily reports, time cards and safety management—while accelerating […]
St. Louis contractor promotes senior project manager amid major renovations and regional bids
St. Louis, Missouri, September 11, 2025 News Summary A St. Louis contractor has promoted a longtime staff member to senior project manager as the firm highlights recent high-profile work and positions itself for large regional projects. The promoted manager, with more than 20 years of experience, leads campus work at a major university and the $46 […]
Global Civil Engineering Market Set to Reach $23.0 Trillion
Global, September 11, 2025 News Summary A major industry report projects the global civil engineering market will expand substantially, rising from USD 13.8 trillion to USD 23.0 trillion driven by a 5.2% CAGR. The planning & design and building segments are expected to lead revenues, supported by urban growth, infrastructure investment, smart city programs and renewable […]
Construction SaaS market set to nearly triple over next decade
Global, September 11, 2025 News Summary A 250-page industry report finds the global construction SaaS market valued at USD 16.3 billion and forecast to reach USD 45.5 billion over the next decade, implying a roughly 10.8% CAGR. Growth is driven by strong adoption of project management platforms and public cloud deployments, with commercial construction the largest […]
Speedchain Secures $111M to Scale Construction Expense Platform
Atlanta, September 10, 2025 News Summary Speedchain closed $111 million in combined debt and equity financing to expand its commercial card programs and expense management platform for construction and project-driven businesses. The capital will accelerate go-to-market efforts, product innovation, and a national rollout, while strengthening partnerships that pair software controls with a global card network’s benefits. […]