Atlanta-based AI firm wins global construction tech contest

Kennith Bogan

Dive Brief:

  • The 2021 Building Startup Competitiveness, sponsored by Cemex Ventures, crowned a gold medal prize winner and awarded nine other best companies in the course of the competition’s Pitchday earlier this month, in accordance to a press launch.
  • The gold medal prize winner of the sixth once-a-year opposition was Atlanta-centered firm Doc Crunch, which designed an AI-run software program platform of the very same name that identifies and clarifies significant issues in construction contracts. Doc Crunch, which is commercially obtainable, also operates with development plans, insurance plan policies and a lot more.
  • The 10 winners were being judged on their skill to offer the most promising remedies in 5 classes: carbon footprint mitigation, provide chain optimization, effectiveness in the jobsite, superior setting up elements and new building solutions.

Dive Perception:

The picked out startups received sources and opportunities to progress their products and suggestions by way of investments

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Florida Dodges Bullet as Storm Season Set to End

Kennith Bogan

For the second calendar year in a row, homeowners and insurers got by a hurricane year without going through any major storms.

TALLAHASSEE, Fla. – For the next consecutive year, the hurricane period has fatigued a listing of storm names.

But with times to go prior to the Nov. 30 close of the year, Florida has experienced brushes with only 3 named methods – Elsa, Fred and Mindy – that had been largely rainmakers with tropical-storm power winds.

All matters thought of, the state has been fairly unscathed in the very active storm year, allowing emergency team in Florida – who also necessary to respond to wildfires and the COVID-19 pandemic – to continue on addressing lingering impacts of past storms.

“We’re even now working Hurricane Michael. We’re nevertheless doing work Hurricane Irma, Matthew, Hermine, Dorian and so on,” claimed Kevin Guthrie, director of the condition Division of Emergency Administration.

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One Pandemic Perk? Credit Scores Reach All-Time High

Kennith Bogan

Aid programs and slower customer expending boosted the common credit score rating 8 factors, to 716, placing homeownership within reach for far more prospective buyers.

WASHINGTON – Since the starting of the pandemic, the common FICO credit rating enhanced by 8 details to reach 716, in accordance to Honest Isaac Corp. Pandemic-related relief packages and decreased buyer paying out early in the pandemic may possibly have assisted Us residents make improvements to credit rating histories if they compensated down current money owed and curtailed new debt.

The improve has mainly been driven by shoppers who experienced a credit rating rating under 600. FICO ordinarily considers a score among 670 to 739 to be superior nearly anything underneath 580 is deemed poor.

Customers in that class averaged a 581 credit rating score in April 2020. Just one calendar year later, those people scores had climbed to an regular of 601.

But

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