"Over time" and "over budget" are two phrases well known to anyone working in construction, so a couple of industry veterans have seized on these perennial pain points to create a high-tech solution they believe has global potential.
Antonia and David Speight are the entrepreneurs behind Acuite, a cloud-based web
application that provides real-time visibility into the performance of construction projects.
It's designed for those managing large-scale commercial jobs, helping them assess critical metrics as they are happening, such as time, cost, quality, health and safety, and relationships with subcontractors.
The Speights know first-hand about the risks involved in managing commercial construction projects, with David's experience on the building contractor's side and Antonia's on the client side.
"If you look into industry statistics you'll find about 75 per cent of projects go over budget and 90 per cent are delayed," Antonia said.
