Job sites across industries have faced fierce challenges from the pandemic and supply chain issues, but advances in tech like robotics, exosuits, and digital twins are helping them adapt. This Market Map looks at the companies reimagining how work gets done.
The job site is changing.
The Covid-19 pandemic resulted in labor shortages and supply chain disruptions around the world, spurring many companies in industries like construction, manufacturing, and energy to turn to tech-enabled solutions to keep projects safe, on schedule, and within budget.
the state of Supply Chain & Logistics Tech q1 2022
Total supply chain funding remains elevated in Q1’22. Get the report to learn more.
But this was not just a temporary shift. Not only can these solutions increase worker productivity and help to mitigate the effects of ongoing labor shortages, but they can also improve safety, reduce costs, and make management easier.
Now startups, as well as legacy players — such as Autodesk, Stanley Black & Decker, and Caterpillar — are taking these technologies to the next level.
Using CB Insights data, we identified 128 job site tech companies addressing 9 technology priorities related to the job site, from robotics to IIoT to AR/VR.
Want to see more research? Join a demo of the CB Insights platform.
If you’re already a customer, log in here.