Practical Nerds

020⎢Five bold predictions for Constru-Tech in 2024⎢Data is greater than AI⎢One mega acquisition⎢Robots beat migrant ed-tech⎢Building energy renovation⎢India to US corridor for AEC-founders


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This week:

  • Data > AI: Data infrastructure and databases for AEC gain faster adoption than AI tools built on top, as firms still lack data foundations
  • One mega acquisition: Legacy AEC software vendors will acquire modern SaaS design platforms that pose existential threats, gaining next-gen capabilities
  • Robotics > migrant ed-tech: Construction robotics firms automating repetitive low-fidelity trades will scale faster than educating migrant workforces facing policy declines
  • Building energy renovation hits another inflection: Europe's home energy renovations will accelerate further as solar subsidies fall, grid costs climb, and governments maintain and increase renovation incentives
  • India to US corridor becomes dominant for Constru-Tech: Indo-American hybrid construction tech startups will proliferate, benefiting from strong funding, talent pools and construction growth across both regions
  • This week's episode makes bold predictions across architecture, engineering and construction for 2024. It sees data pipelines and infrastructure gaining rapid traction as firms still lack adequate data systems for effective AI. Legacy vendors will feel threatened by new entrants, acquiring one key competitor for modern web capabilities and platform business models. Construction robotics adoption will outpace workforce education facing anti-immigration policies. Europe's building renovation wave will hit another inflection as energy prices increase while renovation incentives stay. And Indian-American collaborations among investors, founders and dual-market services firms will dramatically proliferate. Tune in for expert perspectives on these 2024 predictions and the market shifts underlying each.

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    Practical NerdsBy Patric Hellermann