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October 2017

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24 Oct

High Stakes for Implementation of ConstructionTech in Australia

by launch-admin Oct 24, 2017 0 News


MEDIA RELEASE 
High Stakes for Implementation of ConstructionTech in Australia

StartupAUS report reveals huge market opportunity for construction organisations to become more innovation active

Australia, 24 October 2017ConstructionTech startups will be a key driver for change in Australia’s $134 billion construction industry according to Digital Foundations: How Technology is Transforming Australia’s Construction sectorreleased today by StartupAUS, Australia’s peak national advocacy group for startups.

StartupAUS produced the report on digital construction technology (ConstructionTech) in collaboration with AconexLendlease, EY and the Victorian Government. It will be officially launched at ‘Construction Technology Summit 2017’ in Melbourne on 25 October.

The report sheds light on a rapidly growing area of innovation, with over $98 million invested in ConstructionTech startups since the start of 2016 in Australia.
 
The Australian construction sector is the largest non-services sector in the Australian economy – contributing $134.2 billion to the economy (8.1 per cent of GDP) in 2015-16 and employing 1.1 million people. Successful digital solutions could provide an increase of $25 billion year on year within the decade.
 
International demand is vast. Global construction output was valued at over US$8 trillion in 2015 and forecast to grow to US$15.5 trillion by 2030, creating many opportunities for Australian startups to export their technology overseas.

StartupAUS CEO Alex McCauley says we are on the threshold of a new age of innovation in the construction sector.

ConstructionTech is a thriving startup sector that has so far been flying under the radar. Australian startups are providing world-leading innovation in the construction space and between mapping technologies like Building Information Modelling (BIM), Virtual Reality (VR), project management technology, licensing and workplace safety software, and digital hardware like drones, there are a wealth of ways in which technology can have a huge impact on this sector, both here and overseas.
 
“The collaboration here between large tier one firms and startups is particularly exciting. Startups can’t take on billion-dollar construction projects by themselves – instead, they’re looking at ways to integrate with existing firms to use digital technology to increase safety, quality and efficiency,“ said Mr McCauley.

The industry’s current growth trend is positive – with the Australian Bureau of Statistics’ Construction Work Done, Australia data for the June quarter showing a 9.3 per cent increase in the seasonally adjusted estimate for total construction to $51.7 billion.

The Victorian Government has already used digital technology like advanced building information modelling, 3D drafting and virtual reality components in key construction infrastructure projects such as the Victorian Comprehensive Cancer Centre, Melbourne Park Redevelopment and the Level Crossing Removals project. 
 

The report draws on detailed discussions with 42 individuals from 31 organisations in the construction sector and construction-focused technology space. The interviews included 16 representatives of the startup community and 26 construction stakeholders – including tier 1 and 2 construction company representatives, engineers, investment asset managers and sub-contractors. 

Minister for Industry and Employment, Ben Carroll said: “Victoria is the nation’s leader in construction technologies thanks to a massive pipeline of infrastructure projects. Through our Future Industries Fund, we are investing in high-growth sectors of our economy to secure Victoria’s future as the innovation capital. We will continue to get behind ConstructionTech startups, and I congratulate StartupAUS, Lendlease , EY and Aconex on this important report” 

Steve Thomas, General Manager Applied Insight, Lendlease Building, said: “The smarter use of technology in the design and construction space has the potential to be a major game changer, particularly in terms of project design, procurement, manufacture and delivery. 

“As an international property and infrastructure group, Lendlease has a vested interest in supporting the emergence of new technologies that will help us create the best places and continue to push the boundaries of our building and development projects globally. But we also have a responsibility – to challenge and change the industry for the better. 

“That can only be achieved through disruptive thinking and increasingly, the availability and adoption of digital solutions. We’re confident this report will drive innovation and help unlock the potential of the industry.”

EY Real Estate & Construction Market Segment leader Selina Short said: “EY were the lead researcher on the report. Property developers and construction companies are entering a new phase for their industry.

“The existence of a healthy start-up community in Australia means local property developers and construction companies can put themselves at the leading edge of the digital evolution of the industry. The opportunity here is considerable. One of our largest industries that has historically been slow to innovate is now on the precipice of major change. The future will be defined by the impact of the successful innovators and implementers.

“Organisations need to ensure their culture evolves as quickly as their technology does. This cannot be about just plugging in a tech solution, it has to be about changing the way the organisations operate,” said Ms Short.

Dean of the UTS School of Design, Architecture and Building, Professor Elizabeth Mossop, said: “StartupAUS’ latest industry report on the status of ConstructionTech is an important and timely showcase of Australian R&D in digital construction technologies. The sector’s ability to respond to changes in our environment and global market depends on Australia’s capacity to grow innovation. The initiative brings together contributions from individuals and organisations who are striving to make a difference to the sector and deliver the benefits of technology-led innovation across the built environment. The report will assist organisations by providing a snapshot of success across the Australian construction tech landscape, and demonstrating how new opportunities are being captured via investment in digital innovation.”

Future Recommendations for ConstructionTech

The StartupAUS report identifies six recommendations for Australian ConstructionTech to reach its full potential, noting the priority of each.
 
1.     Develop a consistent set of standards around technology adoption and use, with support from government. Very high priority – immediate action required.
2.     Federal and State governments to lead by proactively incorporating adoption of new technology for large infrastructure projects. High priority – set minimum requirements for government projects within six months.
3.     Ecosystem to establish a dedicated coworking space for ConstructionTech startups, alongside a ConstructionTech accelerator program. High priority – investigate implementation within six months.
4.     An independent review into the implementation of the universal adoption of BIM in the UK, with a view towards adopting a similar mandate in Australia. High priority –action required within a year.
5.     Government and industry to support and expand events focused on identifying technology opportunities. Medium priority – networks to continue to be developed.
6.     Provide additional support for collaborative research initiatives focused on ConstructionTech. The CRC for Construction Innovation came to a close in December 2009 and – according to a 2012 Allens study of the program – contributed $7.5 billion to the Australian economy. Medium priority – development over the next year expected.

ENDS

Media:

Sarah Bond sarahbond@launchgroup.com.au 02 9492 1041 / 0449 543 181

About StartupAUS

StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills.

For more information visit: www.startupaus.org



12 Oct

Girl Geek Academy partners with General Assembly to boost women developer talent pool

by launch-admin Oct 12, 2017 0 News


MEDIA RELEASE 

Girl Geek Academy partners with General Assembly to boost women developer talent pool 

100 women unite: #SheHacks Showcase provides platform for launch of second scholarship initiative

Australia, 11 October 2017: Australia’s Girl Geek Academy has partnered with education and career transition pioneer, General Assembly, to launch their second Web Development Immersive Scholarship in order to help boost the number of women developers in Australia.  

Launched during Girl Geek Academy’s #SheHacks Showcase event, the scholarship – worth $15,500 – will provide one woman aspiring to code with the opportunity to undertake the three-month course and learn pivotal skills needed to kick-start a career as a developer; from programming fundamentals to launching full-stack web apps.

The #SheHacks Showcase provided the ideal platform to launch the initiative, with an audience of over 100 women from the Victorian startup ecosystem in the room, united to raise a glass to women in tech and celebrate the role women play in changing the face of the industry.

Sarah Moran, CEO and co-founder of Girl Geek Academy said: “We are grateful for the support of General Assembly for bringing this opportunity to life, and we are thrilled to be able to use our #SheHacks Showcase as a platform to get the message out that these courses exist. We need more women applying to help boost the talent pool and increase participation in the startup space”.

Last year’s scholarship winner, Duyen Ho, had been trying to make a career change into web development for a full year and spent every spare dollar teaching herself to code. After graduating from this scholarship opportunity, Duyen achieved her career goal as a Front End Developer at Deloitte Digital Australia. 

Monique Brasher, Regional Director, General Assembly Melbourne added: “In the past, female enrolments in our Web Development Immersive courses have been reflective of what’s happening in coding roles in industry. For the first time ever, enrolments in our current course have an equal male-to-female ratio, and we want to see this diversity continue across all tech courses moving forward.

“This is why we partner with valuable organisations like Girl Geek Academy, who help to build and foster a community and run events that help attract more women into tech. Our female graduates are quickly landing roles at leading organisations, all through our courses teaching them the foundations of full stack web development and giving them the skills and confidence they need to land a role.”

Leading mentors from the Victorian startup community led the success stories at the #SheHacks Showcase before two new startups unveiled their businesses following their graduation from the inaugural eight-week #SheHacks incubator (created in partnership with key industry experts). These new startups highlighted the real, tangible outcomes of the #SheHacks initiative in creating more women-led businesses in Australia. The founders of each startup first connected in July, at the hackathon event, and in just over two-months have developed a business model with real market potential.

The Web Development Immersive Scholarship is open for any women in Australia who is passionate about pursuing a career in web development. The team at General Assembly will follow a six-step selection process to assess the candidate’s motivation, technical ability and overall suitability for the course. Entries close on 24th October with the winner announced later this month.

For more information please visit: https://generalassemb.ly/education/web-development-immersive

ENDS 

Media Contact:

Sarah Bond, Launch Group: sarahbond@launchgroup.com.au | 02 9492 1041 | 0449 543 181

About Girl Geek Academy:

Girl Geek Academy was founded by five skilled female digital professionals who want to increase the number of women with successful STEM careers. The team work to see an increase of women in tech, women in games, women who make, female designers and female founders. Initiatives include coding and hackathons, 3D printing and wearables, game development, design, entrepreneurship and startups.

Girl Geek Academy also works with teachers, schools, corporates and startups to increase the number of women with professional technical and entrepreneurial skills.

About General Assembly:

General Assembly (GA) is a global educational co-feed company on a mission to empower a global community to pursue work they love. Focusing on the most relevant and in-demand skills across data, design, business and technology, GA is confronting a skills gap through best-in-class instruction and providing access to opportunities.

GA works with students online and in person on more than 20 campuses in 6 countries. GA also works with employers to help companies source talent, assess talent and transform talent. Additionally, GA’s focus on affordable and accessible education combined with our education-to-employment approach is helping to create a diverse talent pipeline.

For more information, follow us @GA or on LinkedIn.