Information technology

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Software that can show a video of a construction project assembling itself has been around for years, but an important change is afoot, say a wide range of industry leaders.

Initial results from a new ENR study of information technology investment trends among contractors shows that firms still are spending lightly on IT and are underresourced in staffing the function.

A technology company that uses computer vision to mine traffic video for data recently released a free cloud platform to which departments of transportation and engineers can upload an unlimited amount of footage and traffic data and find and connect with video consultants and contractors. Additionally, the company is releasing a new piece of hardware that plugs traffic signals into the “internet of things” (IoT).

Construction payment tech provider Textura Corp. has inked a sale to Oracle for $26 per share of stock, valued at roughly $663 million.

Frustrated by seeing apps for everything but what he needed, Chris Eberhardt, a piping foreman, created an iOS and Android application to save him time as well as secure and standardize pressure-test reporting.

A cloud-based digital engineer is hovering nearby, ready to calculate, design and optimize thousands of bolted and welded connections on 3D Tekla models as a service to subscribers.

A geo-referential portal that allows project team members at all levels to easily access “heavy” infrastructure data is gaining traction in the transportation industry.