Building sites in Europe are now using image recognition software made by Buildots that flags up delays or errors automatically.Construction sites are vast jigsaws of people and parts that must be pieced together just so at just the right times. As projects get larger, mistakes and delays get more expensive. The consultancy Mckinsey estimates that on-site mismanagement costs the construction in...

CVC-backed funding hit a new high in 2020, despite a slight decline in deals and active CVC firms.Global CVC-backed deals fall for the first time in more than 5 years: CVC-backed deals declined from a record high of 3,416 in 2019 to 3,359 in 2020. The modest 1.7% year-over-year (YoY) decline is attributable to a slowdown in the first half of 2020.Global CVC-backed funding reaches record high: C...

This product functions as a vase by installing a test tube in the book’s spine. When opened, the silhouette of the vase appears. Each book contains 3 types of silhouettes; they can also be used upside down, giving a total of 6 variations. Due to its material and shape, the packaging also follows a book-like design. The product is put together in a B6-sized case, and contains the paper vase and...

We can learn a thing or two from cats– they never get bored. If there’s a box in the house, you can bet your cat will find it and make a day of it. "PULPET Cat House" is a DIY cat house made of paper. This product provides a pleasure to all customers around the world who share the indoor space with cats. Consumer can assemble the product using the components enclosed without using additional...

In November 2020, an Hermès handbag sold at Christie’s for a cool HK$3.4 million, or US$437,330. It set a new sales record for a handbag of any kind according to the auction house, which described the item as being made from the hide of a rare white Nile crocodile.Designer handbags have gained acceptance as alternative investments along with other tangible assets, some examples of which inclu...

U.S. patent application, US20210068713, discloses a method for detecting swimming activities on a wearable device and monitoring performance during swimming activities. The method includes receiving motion data and classifying the motion as a swimming stroke type to accurately calculate user performance information. The figure below depicts the wearable device in context with a swimming person....

SenseGlove revealed its latest haptic feedback gloves, the Nova, earlier this year, compacting its previous design into a more ergonomic solution. One client testing the latest device is the Royal Netherlands Army, with a new video showcasing how it is using the Nova gloves to train personnel for on-site equipment assemblies.The army has been experimenting with virtual reality (VR) and various...

It has always made sense to talk about lightweight parts in the automotive, the aerospace or the space industries but talking about lightness when it comes to the construction industry is quite new. In the building industry, reinforced concrete beams are often used for buildings and bridges. Due to their length and weight, they often require large machinery for both transportation and installat...

Tesla’s entrance into the S&P 500 Index in December 2020 signaled the arrival of the electric vehicle (EV) ecosystem as a bona fide sector that investors can no longer ignore. Cost reduction, stricter emissions regulations, government incentives, and the rollout of new and affordable models are bringing EVs within reach of the mass consumer. One analogy commonly used to describe such an in...