HeidelbergCement has bought a strategic minority stake in concrete technology company Giatec Scientific.
The German building materials giant says it has made a “low single-digit million euro investment” in Canada-based Giatec Scientific.
HeidelbergCement adds that the partnership will drive the development and adoption of industry-leading sensor technology and AI-driven software, with the target to reduce the carbon footprint of concrete and optimise processes for its readymixed concrete customers.
Giatec’s suite of proprietary smart sensors helps with accurate monitoring of concrete throughout its lifecycle, all the way from production to delivery and placement. Combined with sophisticated AI algorithms, which learn continuously from past and present data sets, the realtime sensor data enables concrete producers to optimise concrete mixes, with up to 20% cement reduction in certain applications.
“At construction sites, the data helps contractors build faster, more safely, more economically, and – most importantly – significantly more sustainable,” HeidelbergCement commented.
By integrating Giatec’s products with its own digital offering HConnect as well as with its strategic investment into Command Alkon, HeidelbergCement added that it aims to lead the industry towards simplicity and sustainability and create a best-in-class customer experience.
