Construction technology startup Einsite and concrete equipment company Schwing Stetter have entered into a partnership to bring the Internet-of-Things and Machine Learning technologies to the construction industry. The goal of the partnership is to digitise construction project management and execution. The two companies will first work to create a seamless integration between Einsite smart-devices and Schwing Stetter equipment, and then collaborate on how to best provide valuable and actionable insights to their end-users, construction companies.
The partnership was inked by the Indian subsidiaries of the two companies-Invento Labs Private Limited and Schwing Stetter India Private Limited. Einsite has built a project management platform that collects real-time data from the work-site using smart-devices, and allows construction companies to manage their projects better, using a software web application that provides data visualisation and analytics.
Schwing Stetter makes the world’s most advanced concrete equipment, including batching plants, concrete pumps and concrete truck mixers, among others.
“We are excited to be working with the concrete industry pioneer, Schwing Stetter India, on such an exciting endeavour. While most other industries have been digitised and automated, construction lags far behind, we are now going to change that,” said Einsite CEO Anirudh Reddy.
“We believe in bringing the state of the art technology to the concreting industry. We recognise the need of different customer segment in controlling their concrete production process and offer the best suited solutions. We are impressed with Einsite approach to the construction sites for solutions, that brings better management of the project as a whole,” he pointed out.