ALEC Holdings has reinforced its transformation into a Platform for Global Innovation Solutions during the latest edition of its annual Innovation Day, showcasing how its Innovation Roadmap is reshaping the future of construction. The event highlighted ALEC’s role as a hub for pioneering ideas, nurturing, testing, and scaling them across the wider industry.
Imad Itani, Head of Innovation at ALEC, emphasized the importance of building an ecosystem for innovation. “The region is a fertile ground for innovation, but this cannot thrive in isolation. At ALEC, we have made a clear and concerted effort to become that ecosystem. Today we are the epicentre of construction innovation, identifying, implementing, and scaling technologies that can transform how the region builds,” he said.
ALEC’s innovation culture is driven by experimentation and collaboration. The company has cultivated champions across departments who actively test and refine new ideas, while several business units now bring their own innovative products and services to market.
This year’s Innovation Day featured 15 external partners who have leveraged ALEC as a launchpad to mature their solutions and apply them to real-world projects. Notable examples included TENDERD, an AI-powered equipment management platform that recently raised US$30 million in Series A funding, and SOLUT, whose workforce productivity analytics have boosted labour efficiency by 30 percent across pilot sites. SOLUT’s founder, Aleksander Belousov, credited ALEC’s validation for accelerating market adoption and scaling opportunities.
For the first time, ALEC extended its innovation initiatives to subcontractors, recognizing their critical role in project delivery. The company also introduced Collaboration Awards, celebrating excellence in four categories: Innovative Subcontractor of the Year, Technology Collaboration of the Year, Start-up Engagement of the Year, and Client Collaboration of the Year.
Through these initiatives, ALEC is strengthening its innovation ecosystem, fostering partnerships, and driving collective progress across the construction sector.
