ALEC Holdings used its Innovation Day 2025 to showcase how it has evolved into a ‘Platform for Global Innovation Solutions’, where solutions shaping the future of construction are ideated, nurtured and scaled across the wider industry.
15 external partners showcased their technologies at last week’s Innovation Day, which is said to reinforce the company’s position as a platform for global innovation solutions. These companies used ALEC as a launch-pad, working with the company’s specialists to mature their solutions, apply them to real-world projects, and build viable commercial models that enable industry-wide value creation.
Among the most notable examples were TENDERD, the AI-powered equipment management platform that recently secured a US $30mn Series A round, and SOLUT, whose workforce productivity analytics technology has helped increase labour efficiency by around 30% across multiple pilot sites.
“The credibility afforded by ALEC’s validation has been transformative for us,” said Aleksander Belousov, Founder of SOLUT, which received recognition for innovation during the event. “Since collaborating with ALEC, we have seen increased engagement from developers and contractors, as well as from customers in other industries, who now have the confidence to adopt and support our solutions. It has significantly shortened our time to market and accelerated our ability to refine and scale our technology.”
ALEC said that as the GCC construction market is projected to reach US $2.7tn by 2033, the sector is under growing pressure to build faster, safer, and more sustainably.
“The region is a fertile ground for innovation, but this cannot thrive in isolation,” said Imad Itani, Head of Innovation at ALEC. “It needs an ecosystem, which allows promising technologies to be applied to the most ambitious undertakings, investors to access vetted solutions, and innovators to secure fast-track funding. 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.”
ALEC noted that its own transformation is driven by a culture that actively encourages experimentation. It has cultivated champions across departments who are eager to test, refine, and scale new ideas, while many of ALEC’s business units now regularly bring their own innovative products and services to market.
The Innovation Day also underscored ALEC’s commitment to subcontractors, who the company believes play a growing role in shaping the future of the sector.
“Subcontractors play a vital role in ALEC’s project delivery, which makes their involvement in our innovation journey essential. This year marks the first time we have expanded our innovation initiatives to include select subcontractors, and we intend to broaden this across the entire supply chain in the future. By creating opportunities for shared learning and collaboration, we are building a collaboration framework that will enhance capabilities across the ecosystem and drive collective progress,” added Itani.
At this edition of Innovation Day, ALEC also introduced a new set of Collaboration Awards, recognising the partners who are helping elevate innovation across ALEC’s ecosystem. The awards celebrated excellence in four key areas: Innovative Subcontractor of the Year, Technology Collaboration of the Year, Start-up Engagement of the Year, and Client Collaboration of the Year. Each category is said to reflect ALEC’s commitment to fostering stronger partnerships and driving meaningful, industry-wide progress.
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