Contech America

About contech america

What is Contech America?

America’s Official Contech and Proptech Association

Contech America’s core mission is to inspire and enable the American construction and property industries to embrace technological innovation to offer safer, smarter, and more costeffective solutions. This is achieved by sharing insights and best practices from global industry leaders, in addition to educating our members on all the new technologies used worldwide, including sharing the latest contech and proptech achievements, developments, and successful implementations. The end product becomes educating an entire industry.

This is achieved by sharing insights and best practices from global industry leaders, in addition to educating our members on all the new technologies used worldwide, including sharing the latest contech and proptech achievements, developments, and successful implementations.

Contech America was created to address the lack of technological innovation and adoption in the American construction and property industries. While the rest of the developed world has made significant strides in the contech and proptech spaces, America has remained stagnant for decades. Since 1947, productivity in manufacturing, retail, and agriculture have grown in the US by as much as 1,500%, while productivity in construction has barely increased at all (see exhibit 1). High fragmentation and outdated methods have fostered an industry environment plagued by poor productivity and frequent overruns in cost and time. Contech and proptech have proven to rise to the challenge during the pandemic and will continue their resilient nature of innovation, adoption, connectivity, and collaboration to bring valuable olutions to everyone, everywhere.

As America’s official construction and property technology association, our value proposition is defined by the quality of our information, research, and network of world-class domestic and international contech and proptech members, associations, sponsors, and third-party vendors. Contech America provides the bridge from the world to America and America to the world for the contech and proptech universe. We are the resource gateway for business support, exposure, engagement, and networking – providing contech and proptech companies the knowhow and know-who required to thrive in the American market and beyond.

The end product becomes educating an entire industry. In that process, we are providing an ecosystem of collaboration between domestic and international leaders in the contech and proptech spaces to share insights and best practices that improve the quality and quantity of contech and proptech solutions around the world.

What is Contech America’s purpose?

Contech America’s core purpose is to educate, promote, facilitate, and solve the challenges related to construction and property technology adoption.  

This is achieved by sharing insights and best practices from global industry leaders, in addition to educating our members on all the new technologies used worldwide, including sharing the latest contech and proptech achievements, developments, and successful implementations. 

Why was it created?

Contech America was created to collaborate with global leaders in construction technology to address the lack of technological innovation and adoption in the construction industry.

While the rest of the developed world has made significant strides in construction technology innovation and implementation; America has remained stagnant for decades. 

Since 1947, productivity in manufacturing, retail, and agriculture have grown in the US by as much as 1,500%; productivity in construction has barely increased at all (see exhibit 1). 

High fragmentation and outdated home-building methods have fostered an industry environment plagued by poor productivity and frequent overruns in cost and time. 

Contech solutions offer a faster time to market, leaner budgets, consistent quality, and reduced risk – all translating to high-quality homes and buildings that can be built at a fraction of the time and cost of conventional construction.  

 

What is Contech America’s value proposition?

As America’s official construction technology association hub, our value proposition is defined by the quality of our information and research, along with the number of connections* that we enable our entire ecosystem of contech and proptech members, builders, developers, architects, engineers, contractors, and the financial industry which supports them.  We must also include the international affiliates participation since they are so ahead of us, and we must be humble and learn from what they’ve done and avoid the mistakes they have made. 

Contech America’s ecosystem creates high quality connections to all its stakeholders, by paving paths of minimal resistance, promoting technology adoption and implementation in the construction arena.  

*A connection is defined as any relationship created due to Contech America. This includes but is not limited to: intellectual, commercial, personal, social, financial, consultancy, educational, sales, marketing and distribution.

What is Contech America’s end product?

The end product becomes educating an entire industry.  In that process we will enable stakeholders to realize commercial transactions that are easier to consummate and less costly from global participants. We can only expedite the American construction industry’s adoption of technology from studying “more mature markets” like Germany, Japan, Singapore, Norway, Finland, Canada, and other developed nations.