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5 ways construction tech founders can win in 2024
Construction tech founders should consider how their products can serve construction and real estate customers.
Nonetheless, having spoken with many developers, builders, materials suppliers, construction tech entrepreneurs, and investors over the last 12 months, I believe the industry is far more open to experimenting and embracing technology than many realize. The built environment is confronted with opportunities and challenges of unprecedented scale, including the growing global demand for infrastructure and housing; an ongoing, escalating labor shortage; cost inflation; supply chain disruptions; and ESG (environmental, social, and governance) requirements. As such, governments are tightening the screws on builders and real estate owners to ensure buildings are up to code regarding energy consumption and carbon emissions during construction and operations.
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