Volve nominated for the Construction Industry Innovation Award

The nomination points at a problem most people in construction will recognise:

Around 20% of project time disappears into searching for information
Roughly 80% of that data is unstructured
An estimated 96% is never reused for learning

Put simply: huge effort goes into reading, understanding, and cross-checking documents, but very little of that work is captured or reused.

Volve was built to change this.

Our AI-based platform analyses and structures tender and contract documents in minutes, giving construction teams what has often been missing:

Actionable insight instead of raw documents
Better decision support and traceability across the whole project
A closed learning loop, so experience from one project benefits the next

“We built Volve because the industry was spending a disproportionate amount of time reading documents and manually cross-checking data,” says Herman B. Smith, CEO at Volve Technologies. “Now we see our technology is hitting a nerve, this nomination is a strong sign that the need is real.”

The fact that some of the largest names in Norwegian construction are already using Volve tells us we’re solving a real pain, not just adding another system.

Being a finalist for Byggenæringens Innovasjonspris 2025 means a lot to the team. We are just getting started, and there is plenty more to show.

You can read more about the innovation and the nomination (in Norwegian)