OpenSpace Company Market Research Report

Company Overview

• Name: OpenSpace

• Mission: Harnessing the power of reality capture and AI technology to simplify the complex work of creating and improving the built world.

• Founded: 2017

• Founders: Jeevan Kalanithi (CEO), Philip Decamp (Chief Engineer), Michael Fleischman (CTO)

• Key People:

• Jeevan Kalanithi, CEO and Co-Founder

• Philip Decamp, Chief Engineer and Co-Founder

• Michael Fleischman, CTO and Co-Founder

• Paul Joachim, CFO

• Susie Dvorak, VP, People

• Robert Shear, VP, Business Development & Strategy

• Neel Sheth, VP, Product

• Jennifer Toton, VP, Marketing

• Philip Walker, VP, Finance

• Headquarters: 333 Kearny St. Floor 4, San Francisco, CA 94108

• Number of Employees: 190+ OpenSpacers globally

• Revenue: No information is available

• What is the company known for: OpenSpace is known for its AI-powered reality capture technology, providing fast and easy documentation of jobsites with unmatched speed, simplicity, and reliability in image capturing.

Products

OpenSpace Capture

• Description: Reality capture software for documenting construction sites with 360-degree photography.

• Key Features:

• Capture up to 25,000 sq. ft. in 10 minutes.

• Mapping of images to floor plans using Spatial AI engine.

• Supports drones and mobile devices for capturing.

OpenSpace BIM+

• Description: Enhances BIM coordination by making models available to project and field teams.

• Key Features:

• Integrated with Autodesk Platform Services.

• Models aligned with actual site conditions for real-time navigation and analysis.

• BIM Compare for visual comparisons of models versus site conditions.

OpenSpace Track

• Description: Allows tracking of construction progress to reduce risks and improve efficiency.

• Key Features:

• Integration with existing project management tools like Procore and Autodesk.

• Provides image-based analysis and segments objects for tracking.

Recent Developments

• Recent developments in the company:

• OpenSpace announced a partnership with WakeCap in April 2024 to enhance construction project management in Saudi Arabia, making cutting-edge technology more accessible in the region.

• Adoption of reality capture technology by Linxon in April 2024 for energy grid projects, bringing more transparency and efficiency to infrastructure projects.

• Recognition of Khansaheb Civil Engineering in July 2024 for its digital strategy which includes OpenSpace integration.

• New Products and Features:

• Launch of OpenSpace BIM+ product for better BIM integration and field coordination.

• Enhancements to AI-powered analytics for better real-time image and progress tracking.

• New Partnerships:

• Partnership established with Shimizu Corporation for enhanced remote site management using OpenSpace technology.

• Strategic partnership with WakeCap to provide integrated solutions for construction management in Saudi Arabia.

This report presents OpenSpace as a dynamic company leveraging cutting-edge AI technology and reality capture for improving construction efficiency and transparency. The recent strategic partnerships and product developments highlight its continued commitment to advancing the construction industry.