Cemex -Example of an innovation platform
How can an open innovation platform disrupt the ConTech ecosystem?
Gonzalo Galindo Gout, Managing Director of Cemex Ventures, discussed this question and presented the benefits and philosophy of Cemex Ventures and its open platform during our recent Construction 4.0 conference.
After thorough research and numerous talks with industry leaders, Cemex Ventures have mapped all pain points in the industry to 6 focus areas that represent potential opportunities for investors. These focus areas include:
• Smart cities and buildings, including urban planning, smart cities, and new energy sources.
• Project design and engineering, including project bidding, BIM management, and budgeting.
• Supply chain management, including inventory management and fleet tracking.
• Project and job site management, including capital management, productivity, and monitoring.
• Innovative building materials and construction methods, including 3D printing and offsite construction.
• Investment and financing, including working capital, credit management, and financial management.
To create such disruption within these complex fields, Cemex Ventures has created a platform to boost opportunities for all professionals in the ConTech industry. The platform operates in several avenues:
• Building a network of more than 100 partners worldwide to create a diverse ecosystem.
• Boosting collaborations and holding the biggest construction startup competition worldwide.
• Launching partnerships such as innovative joint ventures and investment in technologies that aim to accomplish sustainability goals.
• Large-scale marketing efforts and publishing in-depth content about promising startups and investors in the industry.
Eventually, these efforts have led Cemex Ventures to create an immense portfolio with an unmatched network of startups and corporations across the entire construction value chain, guiding the whole industry forward.