ALICE customers use the platform on key projects from preconstruction through project delivery. During preconstruction, contractors use ALICE for "optioneering" – to explore the scenarios that make the most efficient use of project resources (labor, equipment, and materials) and to test the impact of changes in key variables on project outcomes. For example, a manager might use ALICE Precon to determine if it makes sense to add a third crane to a project. The rigorous use of ALICE to create and test options enables customers to submit the precise, well-tested bids they need to win profitable business. During the execution phase, contractors then use ALICE Manage to keep their projects on time and on budget. If circumstances change – as they inevitably do on most construction projects – customers can then use ALICE to quickly update project plans and recover from project delays.
"In an industry that accepts major cost and schedule overruns as the norm, ALICE Technologies is poised to transform the way the world builds," said Paul Lee, Managing Partner at Vanedge Capital. "The ALICE platform gives general contractors the ability to easily explore construction choices and chart a path that best balances risk, time and cost. This is a distinctive, high-growth business led by a uniquely qualified team, and we're excited to support ALICE's growth and success."
In 2021, ALICE Technologies grew its ARR by 270%. It acquired notable new customers, such as Bouygues Construction and Skanska, and expanded its business with existing customers, such as Kajima and Shimizu. ALICE also grew its team both in the U.S. and abroad.
In describing his company's work with ALICE, Chris Baze, Senior BIM Manager at Hawaiian Dredging Construction Company, said, "By enabling us to create and evaluate numerous different ways in which to build our projects, ALICE gives our team the ability to find creative building solutions and quickly pivot when 'planned' and 'actual' start to differ. We're confident that ALICE will have a big impact not only on HDCC, but on our industry as a whole."
Read the press release on PRNewswire here.
