The opportunities in construction are multiplying, but so is the complexity of projects. For companies that already operate on too thin margins, a production surprise can wipe out an entire company's profits. The complexity of the designs compounded this problem.
The lack of on-time and on-budget projects is striking. For example, KPMG's 2015 Global Construction Survey found that more than half of construction companies experienced one or more underperforming projects in the past year.
Other reports - such as McKinsey - elaborate on lack of innovation investment, as only less than 1% of construction revenue goes back into R&D (compared to multiples in the aviation or automotive industry). First steps are being taken in the industry, but the real question is how can existing technologies be used in new approaches towards a data-driven building industry?
This challenge is your chance to develop your ideas and have incredible exposure to Dubai's construction industry leaders!
What are we looking for?
What are we not looking for?
What is there to win?
Rules to participate
The pitch (one pager with your pitch + 5 to 6 slides background pages or slides) This submission is for evaluation purposes. During pitch day, finalists will be able to use a more comprehensive pitch deck.
You may submit a pitch for each challenge, but you will only pitch once in the finals!
A. One page with your elevator pitch
B. Give a clear description of your innovative solution/product (one or two pages)
C. Using a business case/ success case, describe the added value of your solution (1 page)
D. Provide a list of your key team members and short bio (1 page)
You may submit tthe pitch as a presentation deck or in a letter format in English. The file must be uploaded as a pdf file (landscape or portrait A4, maximum 30MB). Links to videos, example, websites, etc. may also be included.