Every builder runs the gap between what was drawn and what was built.

Korbel is the difference between paying for that gap and owning it.

It is not your project. It is the industry's operating system.

Large projects typically take 20 percent longer to finish than scheduled and run up to 80 percent over budget.

That is the average. Not the horror story.

McKinsey & Company, Imagining Construction's Digital Future, 2016 ↗

Everyone else got faster. Construction did not.

Construction productivity has grown about 1 percent a year over two decades. The global economy grew 2.8 percent.

The work did not get harder. The thread between the work never got built.

McKinsey Global Institute, Reinventing Construction, 2017 ↗

The gap sends its bill as rework.

Direct field rework averages around 5 percent of total project cost. With indirect costs counted, closer to 9 percent.

On a hundred crore project, that is a floor's worth of margin, spent building twice.

Construction Industry Institute; Navigant Construction Forum ↗

Half of it has nothing to do with construction.

Roughly half of all rework traces to poor project data and miscommunication. In the US alone, 31.3 billion dollars in a single year.

Not soil. Not weather. Not labour. Information, failing to travel.

FMI and PlanGrid, Construction Disconnected, 2018 ↗

Your best people spend two days a week not building.

Construction professionals spend 35 percent of their time, over 14 hours a week, chasing project information, resolving conflicts and dealing with rework.

The site did not slow them down. The scattered record did.

FMI and PlanGrid, Construction Disconnected, 2018 ↗

Then, at handover, the building forgets.

Up to 30 percent of the data created during design and construction is lost by project closeout.

Every warranty claim, every fault, every sale after that day is a search through what survived.

Emerson, cited in Autodesk's construction industry research ↗

And when the record is thin, the argument is long.

In 2021, the average construction dispute worldwide was worth 52.6 million dollars, and disputes routinely take over a year to resolve.

Disputes are not settled by who is right. They are settled by who can prove it.

Arcadis, Global Construction Disputes Report 2022 ↗

None of this is a construction problem. It is a memory problem.

One record, from first drawing to last sale. Decisions that travel. Evidence that accumulates. The gap does not get managed. It gets closed.

Talk to us

We are taking on a handful of builders as early partners, not customers.

We are excited to talk to you.

Just a couple more details.

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Thank you.

™

Let's carry the load.

hello@korbel.ai