Rhumbix CEO Zach Scheel SXSW 2017

SOLVING THE CONSTRUCTIONPRODUCTIVITYPROBLEM

ZACHARY SCHEEL, P.E. CO-FOUNDER AND CEO OF RHUMBIX

RHUMBIX IS A LABOR PRODUCTIVITY PLATFORM FOR

CONSTRUCTION

COMPANY SNAPSHOT

We use smartphones to collect data and communicatepowerful insights to and from construction crews in real-time.

THE CONSTRUCTION PRODUCTIVITY PROBLEM

98% OF CONSTRUCTIONMEGA PROJECTS INCUR

COST OVERRUNS OR DELAYS80% avg. cost increase;

20 months behind schedule

1 McKinsey Report, The Construction Productivity ImperativeConstruction & Non-Farm Labor Productivity Index

LABOR IS THE LARGEST AND LEAST UNDERSTOOD PROJECT

COST

LABOR PRODUCTIVITY

Labor

50%

Materials & Equipment

40%

Overhead

9%

Profit

1-3%

THE DATAGENERATEDBY THE CRAFTWORKFORCE.

MANUAL

TIME INTENSIVE

ONE-WAY COMMUNICATION

FIELD REPORTING TODAY

DIGITAL TIMEKEEPING

DAILY REPORTS

QUANTITY REPORTING

T&M TAGS

COMPLIANCE

NOTES/PICTURES

FIELD REPORTING WITH RHUMBIX

DAILY ACTUAL VS. BUDGET

LABORPRODUCTIVITY

FOREMANFEEDBACK

REAL-TIME PROJECT VISIBILITY

FIELD-TESTED SUCCESS

FIELD-TESTED SUCCESS

$200/DAY SAVED

PER WORKER

MINUTES SAVED

PER WORKER,PER DAY

50% HEADCOUNTREDUCTION

88% REDUCTION

IN TASKDURATION

RHUMBIX IMPROVES MARGINS THROUGH

INCREASED LABOR PRODUCTIVITY

LABOR PRODUCTIVITY

Labor

50%

Materials & Equipment

40%

Overhead

9%

Profit

1-3% 45%5%5-10%

2-3X INCREASE IN PROFIT

THANK YOU!