Sector study reveals sturdy Q1 sentiment all around homebuilding tech adoption and usage
PHOENIX, Might 05, 2022–(BUSINESS WIRE)–Mosaic, a design technological know-how platform for the residential progress field, nowadays announced the final results of its quarterly Homebuilding Tech Survey, confirming that a bulk of field pros are hunting to put into practice technology in their operations. The survey operates to seize trending sentiments between homebuilding pros throughout the United States.
This push release functions multimedia. Perspective the full launch listed here: https://www.businesswire.com/news/house/20220504006219/en/
Mosaic Homebuilding Tech Survey: 6 in 10 Homebuilding Industry experts Will Use Homebuilding Technology in 2022. Business survey reveals powerful Q1 sentiment all over homebuilding tech adoption and utilization. (Graphic: Business Wire)
Of the 600 field gurus and industry experts surveyed February 7-11, 2022 about using technological innovation for the duration of the homebuilding system:
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69% of respondents said it is crucial to use technology providers, this kind of as software package products and solutions
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68% of respondents explained they are probable to request out new technological innovation solutions
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61% of respondents stated they are likely to use homebuilding technological innovation products in the future 12 months and,
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70% of respondents said it is important to use engineering products that make efficiencies, with 68% reporting they are most likely to use reported products.
“The U.S. homebuilding marketplace is on the verge of a technological tipping issue as it seems for new strategies to get the job done smarter and far more effectively to maintain latest output amounts,” stated Salman Ahmad, CEO and co-founder of Mosaic. “Our latest study outcomes demonstrate that a the greater part of homebuilding professionals are completely ready and eager to incorporate technological innovation solutions into their operations. We’re enthusiastic about the probable for a tech-enabled basic contractor like Mosaic to be part of a exceptional remedy to our national housing crisis.”
Similarly, Mosaic’s preliminary Q4 2021 study, demonstrated major interest amongst homebuilders in the southwestern U.S. states of Arizona, Colorado, California, New Mexico, Texas, and Utah to embrace ground breaking technologies. This study showed that 83 % of genuine estate marketplace specialists in the Southwestern U.S. are trying to get out homebuilding technologies options, with 72 per cent of them likely, extremely probable, or really likely to use them in the subsequent 12 months. The total survey results can be located listed here.
Mosaic is the leading tech-enabled typical contractor for manufacturing-scale residential improvement tasks. Their technological know-how and crew provide price in the course of the complete construction course of action, from pre-growth through development and into guarantee.
Mosaic not long ago closed on their Sequence B funding, backed by undertaking capital corporations these as Andreessen Horowitz, Peak State Ventures, Setting up Ventures, Founders Fund, Greylock Associates, Innovation Endeavors, Prosper Funds, and 8VC. They also not too long ago expanded their Arizona operations from Prescott and Flagstaff into Phoenix and Tucson. Mosaic plans to start in California, Colorado, Texas, and supplemental marketplaces later on this yr.
Stop by this site to master far more about the benefits of Mosaic’s Q1 2022 Homebuilding Tech Study.
About Mosaic
Mosaic builds technological innovation solutions to make household design a lot more scalable. The organization operates as a digital basic contractor to provide building and relevant providers to homebuilders and residential builders, allowing for them to offload their development procedures and connected needs to Mosaic’s built-in system and staff. Mosaic’s platform standardizes the design course of action, and not the households, allowing for them to provide locations folks adore and develop greater communities.
Understand extra about how Mosaic is setting up better at www.mosaic.us and adhere to @mosaicbuilders on Twitter, LinkedIn, Fb, and Instagram.
Look at source model on businesswire.com: https://www.businesswire.com/news/house/20220504006219/en/
Contacts
Kerri Mabee
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