Thanks Matthew Gray of BuiltWorlds for the visit to our HQ! "..as companies in the construction sector around the world increasingly see the need to to be proactive about understanding trends and honing strategies in response to emerging technology, San Francisco and the broader Bay Area has become a global crossing for the world’s largest construction sector companies. These firms are forging partnerships with Bay Area-based venture funds, establishing tech scouting outposts, and even forging ties with each other, adding to the strength of area’s economy and making the Bay Area a critical center for leading global AEC Companies and for innovation in the construction sector. With such colossal amounts of capital and intensely concentrated nodes of cutting edge, commercializing technology at play, the world’s major engineering and construction companies are seeing too much at stake to risk being left behind. As a result, they are increasingly forging ties to the regions through direct boots on the ground and investment in the area's funds and network of organizations helping them connect. One of the Bay Area's leading connectors is Sunnyvale-based Plug and Play Tech Center, a group that connects corporates and startups across all sectors and all geographies. Last week, Plug and Play held it Selection Day for its Smart City program which encompasses construction, mobility, energy, and deep tech, as well as a session on the Workforce Revolution. Japanese construction giant Kajima's Cupertino, California-based Innovation Manager Yuji Doi, was among the industry participants. French construction giant Bouygues Construction's San Francisco-based Construction Venture Associate Viviane André, also took part in the day, along with London-based engineering giant Arup."
Dive into a hotbed of Innovation: Bay Area's Impact on Global Construction & AI Our latest article explores why major construction companies worldwide are flocking to the Bay Area to stay ahead in the AI game: https://lnkd.in/diUgKm7w Learn firsthand from industry giants like Kajima and Bouygues Construction as they team up with local players and invest in groundbreaking startups through platforms like Plug and Play and leading sector-focused venture funds based in the region. Find out why these strategic moves are non-negotiable for staying competitive globally. #BayAreaInnovation #GlobalConstruction #AIRevolution Neda Hannah Sohrabi
