-
❗Palingeo S.p.A. has successfully completed an open innovation project with the PropTech startup myAEDES, which has developed software and a mobile app for the digital management of construction site reporting.
Palingeo S.p.A. is a leading construction company in the field of special foundation works. Thanks to this collaboration with myAEDES, it has developed a new software module capable of managing site safety and access in a fully digital manner.
💣In just one year, Palingeo S.p.A. has achieved significant results: more than 100 sites have been fully managed through myAEDES, digitizing the work journal and tracking over 8,000 monthly access events on site via the platform. In a context marked by stringent regulations, limited resources, and strict deadlines, the key to sector digitalization is integrating technology without altering established processes. Roberto Magnifico, partner at Zest Innovation, emphasized that the construction sector has historically been less affected by digital transformation compared to other sectors. However, this is rapidly changing. The success of projects like the one between myAEDES and Palingeo highlights that the digitalization of the construction sector is not just an aspiration but a concrete reality. In a sector like construction, where regulations, costs, and timelines are crucial, innovation cannot be disruptive. It is only through close collaboration between startups and established companies that the full potential of technological innovation can be leveraged, ensuring sustainable and effective digital transformation.
👉In the current context, digital transformation represents not only an opportunity but a necessity for the construction sector. Open innovation, understood as collaboration between startups and large sector enterprises, is a key element to accelerate the digital transformation of construction.
➡️Integrae SIM has a BUY recommendation on the stock, with a target price of €12.00 (upside potential +104%). To read the complete document of our research, including the information required by regulatory standards, click here: https://lnkd.in/dejHNRic
👉Watch the video here: https://lnkd.in/dqUTmzCF