Why you should consider using construction digital twin tech, according to this Houston expert

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The construction industry is no stranger to embracing technological advancements, and one of the latest breakthroughs is the advent of construction digital twin technology.

Blending the virtual and physical worlds, construction digital twins offer immense potential for enhancing efficiency, reducing costs, and improving decision-making in construction projects.

It is a fascinating and ever-changing world of technology in construction digital twin technology and the following information explores its key components, benefits, and real-world applications in the construction sector.

What is a construction digital twin?

A construction digital twin is a virtual replica of a physical asset, process, or system that integrates real-time data from various sources to provide a holistic and dynamic representation. It encompasses a portion of the entire lifecycle of the project, potentially starting from planning and design into construction, commissioning, and data collection for ongoing maintenance.

The key components of a construction digital twin include the physical asset, sensors, data acquisition systems, connectivity infrastructure, cloud platforms, and advanced analytics. Various tools or platforms can be used at different stages of a project.

Skanska, a construction and development company, has created an internal hybrid approach combining a digital twin model with a custom analytics dashboard. The process allows for tracking production control during construction. What is used is a less-is-more approach to manual data entry into models and link to automated external data sources, which are combined and analyzed together in a separate dashboard. These color-coded models are combined with external data for schedule, cost, and man hour data for predictive analysis and production rates.

Improved planning and design

Digital twins allow design and construction professionals to simulate and optimize designs with a virtual model of the building before physically implementing them. This capability enables early detection and resolution of design flaws, reducing rework and costly delays. Adjacent building and city data can inform early design decisions. By leveraging the existing data from a digital twin, renovation projects can streamline processes, reduce risks, improve efficiency, and make informed design decisions, ultimately resulting in more successful and cost-effective renovations.

Enhanced construction processes

A construction digital twin allows stakeholders to visualize and simulate the project, analyze potential issues, optimize workflows, and make informed decisions. Key data sources include: installation, schedule, man hours, and cost. Additional real-time data from sensors embedded in physical assets can be fed into construction digital twins, enabling real-time monitoring and analysis. Project teams can enhance collaboration, improve efficiency, maintain schedule, reduce costs, and minimize risks throughout the construction process.

Effective risk management

Digital twins enable construction companies to simulate and analyze potential risks, such as structural weaknesses and environmental or safety hazards. Builders and their clients are at an advantage since they can address these risks in the virtual environment and significantly reduce the occurrence of accidents and associated liabilities.

Streamlined collaboration

Construction digital twins act as a shared platform for all stakeholders involved in a construction project, including architects, engineers, contractors, and facility managers. This flow of information fosters seamless collaboration, improves communication, and results in better decision-making through a data-driven environment. Solutions vary per stage and parties involved.

Real-world applications

Construction digital twin technology is already finding practical application in the construction industry, including locally at 1550 on The Green, Skanska’s state-of-the art, sustainable office building bringing the outdoors in.

Smart building construction

By creating a digital twin of a smart building, companies can optimize energy efficiency, HVAC systems, and space. The real-time monitoring of energy consumption and occupancy patterns combined with as-built BIM and systems data allows for predictive maintenance. Automations and AI assisted controls are also on the horizon.

Bringing it all together

Construction digital twin technology is poised to revolutionize the construction industry. By merging the virtual and physical realms, it enables construction professionals to make more informed decisions, enhance efficiency, and minimize risks.

The benefits of construction digital twins, such as improved planning and design, streamlined collaboration, and effective risk management, are transforming how projects are executed. As this technology continues to evolve, there are bound to be greater advancements in construction practices, ultimately leading to safer, smarter, and more sustainable built environments. Key data points and use cases vary per phase and stakeholder, and digital twins are a great asset throughout the project lifecycle.

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Edwin Bailey is senior preconstruction technologist at Skanska, a leading multi-national project development and construction group, in Houston.

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Houston space tech companies land $25 million from Texas commission

Out Of This World

Two Houston aerospace companies have collectively received $25 million in grants from the Texas Space Commission.

Starlab Space picked up a $15 million grant, and Intuitive Machines gained a $10 million grant, according to a Space Commission news release.

Starlab Space says the money will help it develop the Systems Integration Lab in Webster, which will feature two components — the main lab and a software verification facility. The integration lab will aid creation of Starlab’s commercial space station.

“To ensure the success of our future space missions, we are starting with state-of-the-art testing facilities that will include the closest approximation to the flight environment as possible and allow us to verify requirements and validate the design of the Starlab space station,” Starlab CEO Tim Kopra said in a news release.

Starlab’s grant comes on top of a $217.5 million award from NASA to help eventually transition activity from the soon-to-be-retired International Space Station to new commercial destinations.

Intuitive Machines is a space exploration, infrastructure and services company. Among its projects are a lunar lander designed to land on the moon and a lunar rover designed for astronauts to travel on the moon’s surface.

The grants come from the Space Commission’s Space Exploration and Aeronautics Research Fund, which recently awarded $47.7 million to Texas companies.

Other recipients were:

Cedar Park-based Firefly Aerospace, which received $8.2 million
Brownsville-based Space Exploration Technologies (SpaceX), which received $7.5 million
Van Horn-based Blue Origin, which received $7 million

Gwen Griffin, chair of the commission, says the grants “will support Texas companies as we grow commercial, military, and civil aerospace activity across the state.”

State lawmakers established the commission in 2023, along with the Texas Aerospace Research & Space Economy Consortium, to bolster the state’s space industry.

Houston experts: Can AI bridge the gap between tech ambitions and market realities?

guest column

Despite successful IPOs from the likes of Ibotta, Reddit and OneStream, 2024 hasn’t provided the influx of capital-raising opportunities that many late-stage tech startups and venture capitalists (VCs) have been waiting for. Since highs last seen in 2021—when 90 tech companies went public—the IPO market has been effectively frozen, with just five tech IPOs between January and September 2024.

As a result, limited partners have not been able to replenish investments and redeploy capital. This shifting investment landscape has VCs and tech leaders feeling stuck in a holding pattern. Tech leaders are hesitant to enter the public markets because valuations are down 30 percent to 40 percent from 2021, which is also making late-stage fundraising more challenging. After all, longer IPO timelines mean fewer exit opportunities for VCs and reduced capital from institutional investors who are turning toward shorter-term investments with more liquid exit options.

Of course, there’s always an exception. And in the case of a slowed IPO market, a select slice of tech companies—AI-related companies—are far outperforming others. While not every tech startup has AI software or infrastructure as their core offering, most can benefit from using AI to revise their playbook and become more attractive to investors.

Unlocking Growth Potential with AI

While overall tech startup investment has slowed, the AI sector burns bright. This presents an opportunity for companies that strategically leverage AI, not just as a buzzword but as a tool for genuine growth and differentiation. Imagine a future where AI-powered insights unlock unprecedented efficiency, customer engagement and a paradigm shift in value creation. This isn’t just about weathering the current storm of reduced access to capital; it’s about emerging stronger, ready to lead the next wave of tech innovation.

Here's how to navigate the AI frontier and unlock its potential:

Understand that data is the foundation of AI success. AI is powerful, but it’s not magic. It thrives on high-quality, interconnected data. Before diving into AI initiatives, companies must assess their data health. Is it structured in a way that AI can understand? Does it go beyond raw numbers to capture context and meaning—like customer sentiment alongside sales figures? Rethinking data infrastructure is often the crucial first step.

Focus on amplifying strengths, not reinventing the wheel. The allure of AI can tempt companies into pursuing radical reinvention. However, a more effective strategy is to leverage AI to enhance existing strengths and address core customer needs. Why do customers choose your company? How can AI supercharge your value proposition? Consider Reddit’s strategic approach: They didn’t overhaul their platform before their 2024 IPO. Instead, they showcased the value of their vast online communities as fertile ground for AI development, leading to a remarkable first-day stock surge of 48 percent.
Use AI as a customer-centric force multiplier. Companies with a deep understanding of their customer base are primed for AI success. By integrating AI into the very core of their product or service—the reason customers choose them—they can create a decisive competitive advantage based on delivering tangible customer value.

From Incremental Gains to Transformative Growth

This practical, customer-centric approach has the potential to help companies generate immediate growth while laying the foundation for future reinvention. By leveraging AI to optimize operations, deepen customer relationships, and redefine industry paradigms, late-state tech startups can not only survive but thrive in a dynamic market. The future belongs to those who embrace AI not as a destination but as a continuous journey of innovation and growth.

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Hong Ogle is the president of Bank of America Houston. Rodrigo Ortiz Gomez is a market executive in Bank of America’s Transformative Technology Banking Group as well as the national software banking lead for the Global Commercial Bank.

Houston joint venture secures $5.2M for AI-powered methane tracking tech

Fresh Funds

Houston-based Envana Software Solutions has received more than $5.2 million in federal and non-federal funding to support the development of technology for the oil and gas sector to monitor and reduce methane emissions.

Thanks to the work backed by the new funding, Envana says its suite of emissions management software will become the industry's first technology to allow an oil and gas company to obtain a full inventory of greenhouse gases.

The funding comes from a more than $4.2 million grant from the U.S. Department of Energy (DOE) and more than $1 million in non-federal funding.

“Methane is many times more potent than carbon dioxide and is responsible for approximately one-third of the warming from greenhouse gases occurring today,” Brad Crabtree, assistant secretary at DOE, said in 2024.

With the funding, Envana will expand artificial intelligence (AI) and physics-based models to help detect and track methane emissions at oil and gas facilities.

“We’re excited to strengthen our position as a leader in emissions and carbon management by integrating critical scientific and operational capabilities. These advancements will empower operators to achieve their methane mitigation targets, fulfill their sustainability objectives, and uphold their ESG commitments with greater efficiency and impact,” says Nagaraj Srinivasan, co-lead director of Envana.

In conjunction with this newly funded project, Envana will team up with universities and industry associations in Texas to:

Advance work on the mitigation of methane emissions
Set up internship programs
Boost workforce development
Promote environmental causes

Envana, a software-as-a-service (SaaS) startup, provides emissions management technology to forecast, track, measure and report industrial data for greenhouse gas emissions.

Founded in 2023, Envana is a joint venture between Houston-based Halliburton, a provider of products and services for the energy industry, and New York City-based Siguler Guff, a private equity firm. Siguler Gulf maintains an office in Houston.

“Envana provides breakthrough SaaS emissions management solutions and is the latest example of how innovation adds to sustainability in the oil and gas industry,” Rami Yassine, a senior vice president at Halliburton, said when the joint venture was announced.

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This story originally appeared on our sister site, EnergyCapitalHTX.com

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