01. Construction

When creating Vitrus, we wanted to understand the key factors of real estate. Construction was a key moment of the development of the built world. It is a critical moment on the development of projects. Here is a summary of how it works.

Buildings are products of orchestrated teams of workers, architects and engineers, with a clear joined goal. In this scenario communication plays a critical role, as alignment and coordination is key to achieve a great product without risks of mistakes.

In reality there are many inefficiencies in the communication between the on and off-site teams, therefore generating subsequent costs to the developers and owners of the projects.

The numbers bellow are for the United States, where companies like Procore and Autodesk already have created coordination software for this market.

52% 

Rework is caused by miscommunication

$30 Bi

Cost of rework by miscommunication

Where

At this point we have stablished that the core element of the anatomy of real estate is people. Thus, the number of registered construction workers functions as a proxy for where there is the highest amount of developments. As seen bellow:

This is the number of construction workers per state in the US. We have 4 states that standout: California, Texas, Florida, and New York.

Zooming in into the standout States, we have very clear bubbles of developments. Here you can notice that development creates clear hubs.

As development businesses create bubbles of developments, as they become hyper-specialized in a given region.

Who

Who are this people building?
Latinos!

For the first time, in the United States, Latino workers are prevalent in this industry. This plays a crucial role to understand how culture can impact communication.

This can be seen as an way to reduce the workforce gap we have been seeing growing in the past decade.

What

Now we know who we are coordinating to get buildings done! Well, there is one strong point: what are they building?

Vitrus helps developers understand what to build. With a deep understanding of construction, design and the market, Vitrus automates the conceptual planning of new projects.

Try Vitrus now on your next Project!