#London #United Kingdom #Buildots #AI Construction #Peter Trollope

Buildots Welcomes Peter Trollope to Advisory Board

In a significant strategic move, Buildots, a leader in AI construction technology, has announced the appointment of Peter Trollope to its advisory board. With an extensive background in the construction and real estate sectors, Trollope's expertise is poised to help Buildots enhance its engagement with construction consultants and industry owners as the company experiences rapid expansion in the AI-driven operational space.

A Valuable Addition to Buildots

Peter Trollope joins Buildots after holding influential positions at some of the largest construction firms globally, notably as the Global Head of Project Management Advisory at CBRE Group. There, he led a division with over 5,000 employees and achieved an impressive annual turnover of USD $1 billion. This wealth of experience equips Trollope with a comprehensive understanding of the construction landscape, invaluable for his role at Buildots.

Trollope's arrival as the first advisory board member with deep roots in construction consultancy marks a pivotal moment for Buildots. His unique combination of consultancy experience and a history as a general contractor provides an all-encompassing view of the construction ecosystem, supporting the company’s mission to instigate operational excellence across the industry.

“After years leading transformation in global real estate and construction services, I've seen firsthand how our industry's delivery models still rely too heavily on manual oversight and subjective reporting,” Trollope stated, expressing his enthusiasm. He highlighted that joining Buildots felt like a natural next step towards evolving the industry by adopting objective truth in project progress tracking, moving away from reactive decision-making to a more proactive approach.

Driving Change in Construction

Trollope brings 18 years of international leadership experience, having worked across Asia Pacific, Europe, and North America. His impressive track record includes pivotal M&A transactions, such as the $1.3 billion investment in Turner & Townsend by CBRE, and spearheading significant growth at JLL. According to Roy Danon, co-founder and CEO of Buildots, “Peter's deep understanding of how owners, consultancies, and capital partners operate makes him invaluable as we expand our reach within this critical market segment.”

Trollope believes that aligning stakeholders and improving communication can significantly reshape the industry’s approach to project delay and cost risks. “A substantial amount of project risk arises from the misalignment between what's reported and what's genuinely occurring on site. This disconnect fosters late payments and hurried decisions. I aim to challenge the industry to stop accepting these challenges as inevitable,” he remarked.

Buildots' Innovative Technology and Rapid Growth

Buildots, known for bringing AI and computer vision into construction progress tracking, has recently expanded its technology offerings, including the launch of innovative tools such as the Line of Balance and a Portfolio Dashboard for construction executives. These advancements enhance project visibility, decrease delays, and promote efficient project delivery across significant development projects in North America and EMEA.

The recent appointment of Trollope arrives shortly after Buildots completed its Series D funding round, paving the way for substantial growth and enhancements in operations and product capabilities. Peter Trollope is excited about the potential to unify digital workflows and bring transparent value, stating, “It’s rare to encounter a platform that equally serves the boardroom and the boots-on-the-ground, but Buildots is exactly that.”

As Buildots continues to position itself at the forefront of construction technology, Peter Trollope’s involvement is a testament to the company’s commitment to leveraging his expertise in transforming the construction industry's operational frameworks. With an eye toward the future, Buildots aims not only to streamline processes but to drive a monumental shift in how construction projects are managed and executed.