HoloSite provides the assurance contractors need, to know builds have been constructed to plans within a +/-5mm accuracy. This ensures that works are built correctly first time and provides the necessary quality assurance required during handover to the project owner.
By virtue of positioning the latest BIM model on-site to mm accuracy, HoloSite has demonstrated a 92% reduction in time taken to reflect 'as-built' conditions to the design team. This improves the communication between the design team and the field team ensuring that they are working off a single source of truth – the BIM model.
XYZ Reality estimates that up to 20% of construction costs are wasted due to inaccuracy, delays or working on out-of-date information, and re-work can add a further 7-11% to project costs. HoloSite mitigates the delays and need for rework therefore reducing delays, overhead resources, labour and waste costs. Current data also suggest as much as 33% of material spend on a project is due to rework and, with HoloSite, this can be saved.
XYZ Reality used the prototype to launch their Early Partnership Programme and received purchase orders with some of the largest main contractors and clients in Europe, and more recently have also closed a £5m Series-A funding round.
Academic research suggests that approximately 52% of project delays result directly from rework activities, and over 33% of material cost spent are as a result of rework. HoloSite has already proved that it can eliminate rework in its entirety, reduce project material costs by as much as 33%, and improve accuracy by 95% - elevating UK construction to a new level of productivity.
Checking and validating completed work takes time, typically 1-3 weeks with the current technology of a laser scanner. HoloSite has shown it can reduce the time to complete tasks on-site by 64%. HoloSite has also demonstrated a 92% reduction in time taken to reflect 'as built' conditions ensuring that the construction management team have the latest information of site conditions. Furthermore, with over 52% of project delays attributable to rework, it is estimated that this will be eliminated entirely as construction workers will now be able to build to plan.