WakeCap solidifies itself with projects in the US, Saudi Arabia, UAE, and Japan
WakeCap, a leading IoT platform for construction project management, recently announced the acquisition of ‘Crews by Core’, an AI-powered project delivery platform for the construction industry.
The acquisition will create the world’s most comprehensive SAAS and IoT solution for construction mega projects. Through the transaction, WakeCap will open an R&D headquarters in Silicon Valley to solidify its position as a global construction tech leader.
One platform for construction operations
WakeCap solutions are used by job sites employing tens of thousands of workers, with over 70 million worker hours completed. WakeCap has established a high level of trust and integrity with its customers, and as a result is delivering several solutions needed on site.
Alongside WakeCap’s existing lineup of connected workers, time and progress measurement, and safety incident prevention and management, the merged company will provide owners and contractors with the most comprehensive suite of tools available to date.
Crews by Core’s AI-powered project delivery platform gives WakeCap the ability to offer customers immediate ways to quantify and mitigate jobsite inefficiencies.
Efficient processes with unified solutions
The global construction industry is valued at more than US$ 12 trillion and employs 200 million people globally, yet notoriously relies on offline and inefficient processes.
“Saudi Arabia has some of the largest projects anywhere in the world and it’s the perfect place to deploy our project delivery platform,” stated Di-Ann Eisnor, CEO and founder, Crews by Core.
“Di-Ann’s team has incredible knowledge and deep technical skill. We’re thrilled to bring the two companies together,” explained Dr. Hassan Albalawi, CEO and Founder, WakeCap.