While the trillion-dollar construction industry often gets a bad rap for its inefficiency, Disperse founder and CEO Felix Neufeld said that this has nothing to do with attitudes, more that it’s a case of insufficient access to digital technology that can really shift the needle.
“I would say that the pandemic’s challenges partly contributed to driving investment in this space, but also the productivity problem is still a massive elephant in the room in one of the largest industries in the world,” Neufeld continued.
It’s a massive problem to solve, and not an easy one.”.
Stateside, meanwhile, Disperse has expanded its work in New York and also now has projects in Washington DC and Florida, with customers including Gilbane.
“So far, the bulk of our business is still in the U.K. where we are working with a large share of the key contractors and developers, but given the momentum we have in the U.S. and the size of the market, the U.S. will likely surpass the U.K. next year,” Neufeld added.
From a product perspective, Disperse has also broadened its horizons beyond residential and commercial projects, and now covers all manner of building types.
“For example, we are now servicing a number of projects in healthcare, education, retail, and manufacturing.”.