technology driven solutions - stanford university
TRANSCRIPT
Technology Driven SolutionsIndustrial Construction Forum 2020
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Our story begins…1. An Engineer 2. A Software Designer 3. Builder
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INT
RO
DU
CT
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An evolving idea…• Transparency Aimed at Empowerment
• Real Time Focused – An Integrated Process
• Fostering Collaboration through VR/AR
• Open Ended by Design
Enter the Educator…
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What is DIRTT?A comprehensive and sustainable approach to interior construction driving
cost and schedule certainty, faster move-in and ultimately increased customer
satisfaction.
Prefabricated interior wall and millwork system, 100% customizable and easily
modified post installation
Software platform ICE® that integrates the design, sale, pricing and
manufacturing process
North American dealer network that provides pre-construction, design, installation
and post-installation maintenance and reconfiguration services
Reduced construction waste through off-site manufacturing and lifetime
sustainability driven by flexibility of installed solution
TSX:DRT
Preparing to List on Nasdaq Fall
2019
$367M RevenueTTM Q3/18-Q2/19
>14% Revenue CAGR2015-2018
$55M Adj EBITDA
15% Adj EBITDA MarginTTM Q3/18-Q2/19
218 Patents Granted
Note: all figures in CAD$, unless otherwise noted
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OV
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VIE
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ICE®Innovation Software
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VIE
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ICE® Software
ICE: More Than a Software Platform
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ICE is an
approach
ICE is a team
engaged in
the business
ICE is an
expert system
platform
ICE is our
partners,
connected to
our factory
VR Experience Real Time Pricing Real Time Manufacturing
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WA
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Traditional Approach…
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Sales Configuration
Order Configuration
Engineering Configuration
Manufacturing Configuration
Delivery
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ICE
Installations
Sales
PD
Pricing
Partners
Ordering
Manufacturing
Material
Management
Continuous Improvement
• ICE Technology is the enabler of sales, product
configuration, pricing and manufacturing
execution
• Execution details and pricing of solutions locked together
• Speed of delivery
• Efficiency in the development and execution of an order
• Custom for the same price as standard
• Questioning the future of Construction Documents
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WA
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ICE Vision
YOUR
Experience
YOUR
Toolbox
YOUR
WOW Factor
YOUR
Expertise,
Empowered
Connecting YOU directly to our factories; delivering innovative product solutions from sales to site, seamlessly.
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ICE
reality
Increasing Cloud Leverage
• Portions of ICE moving to the cloud
• Shared access to projects
• Key aspects shared across users and
projects
• Opening lines of communication between the
client, the field and the result.
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WA
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R&D Activities
• Artificial Intelligence
• Data set built from collective
user activities
• AI insights increasing speed
and efficiency
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FT
WA
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• ICE/Technology is the advantage
• Continuous improvement
• A vision, a roadmap and a plan
• The future of ICE is:
• Cloud enabled
• AI enhanced
• Communication centric platform
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Solutions Focused
Our Unique DNA
Backwards
Compatibility
Core Future Design
Universal Interfaces
Standardized Design Principals
New Designs Honoring the DNA
Allowing New Aesthetics / Functionality Legacy Product Offering
SustainabilityIncreased life cycle
INN
OV
AT
ION
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September 2018
ReflectTM
• Minimalistic Trim
Glass Wall System
• No ceiling or base
reveal trim
• Internal leveling
system for uneven floorsIN
NO
VA
TIO
NS
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September 2018
ReflectTM
• With DIRTT
Access Floor
• Pushing the
boundaries
beyond what is
expected
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AT
ION
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September 2018
LeafTM Folding Wall Door
• Multi-use functionality
• Backward-compatible with
existing DIRTT wall assemblies
• Addresses certain
building codes
INN
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September 2018
Door Solutions to address
acoustics and modern aesthetics
Enhancing base offerings with
continuous improvement
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September 2018
Design changes to increase efficiencies speed up construction and further increase precision
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Background Evolutionary Innovation
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Conclusion:
• Construction markets are continuing to increase acceptance of
modular construction approaches, driven largely by the
introduction of technology and increasing shortages of skilled
labor
• The North American market in which we participate has
immense size and untapped opportunity
• Modern products and software platform are proving their value
• It’s 3D gaming technology harnessed for the greater good
Technology Driven
Solutions are the
right approach in
the construction
industry’s journey
Discussion