Chile: Mexico-based Cemex has announced an investment by its venture capital subsidiary Cemex Ventures in concrete monitoring software supplier ObraLink. ObraLink’s software uses advanced thermal imaging to monitor the concrete hardening process at up to three times more measurement points than similar sensors, at a fraction of the cost. By enabling builders to remove formwork or moulds at precisely the right time, the software can reduce a project’s structural costs by 15%, according to the supplier. Its integrated platform automates the process, offering additional features via APIs.
Cemex Ventures head Gonzalo Galindo said "As pioneers in the construction industry's digital transformation, our mission is to seek innovative solutions that help boost productivity and efficiency. ObraLink's scalable technology is a perfect fit with Cemex's service offering, as it digitalises a currently manual process, improving both the efficiency of execution and completion time of a project. We look forward to working with them to further scale and develop the solution so we can deliver a superior customer experience enabled by digital technologies.”
