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118 days

James Hardie Debuts Hardie™ Designer, Powered by Hover's AI Technology

1. James Hardie launched Hardie™ Designer, transforming renovation planning. 2. AI tool enables homeowners to visualize Hardie® products on their homes. 3. This innovation enhances customer experience and decision-making in renovations. 4. James Hardie leads industry in adopting advanced technology for home design. 5. The partnership with Hover emphasizes clarity and ease for homeowners.

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Why Bullish?

The launch of Hardie™ Designer could significantly increase customer engagement and sales. Privately held company innovation typically correlates with market optimism as it showcases leadership.

How important is it?

The article reflects a major development in customer engagement strategies at JHX, impacting future sales and market position.

Why Short Term?

Initial consumer response to new tools often leads to immediate sales spikes, as seen in past product innovations within construction sectors.

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First-of-its-kind experience on JamesHardie.com transforms home exterior renovation planning with photorealistic, real-time designs of Hardie® products on user's actual homes, /PRNewswire/ -- James Hardie Building Products Inc. (James Hardie), a subsidiary of James Hardie Industries plc (ASX: JHX; NYSE: JHX) and the #1 brand of siding in North America*, and Hover, a leader in 3D property technology, today announced the launch of Hardie™ Designer, an AI design tool powered by Hover. James Hardie is the first siding manufacturer to adopt Hover's flagship design product, making it easier than ever for homeowners to see design possibilities with actual Hardie® products in a matter of seconds, using only a single photo of their home. Historically, homeowners have had to make costly decisions based solely on sketches and small product samples, or photos of other people’s homes. Now, with Hardie™ Designer powered by Hover, homeowners can effortlessly visualize the possibilities of Hardie® materials – like a virtual try-on for their home. With Hardie™ Designer powered by Hover, users can instantly edit and apply Hardie® profiles and colors to their home’s exterior. "At James Hardie, we are committed to leading the industry in innovation. We are excited to harness the power of Hover's technology to offer better, smarter home renovation solutions," said Sean Gadd, President of James Hardie North America. "Hardie™ Designer allows homeowners to easily experiment with the look of Hardie® products, including textures and trending colors, helping them visualize their dream home with just a few clicks. We are setting a new standard for how homeowners engage with our industry-leading products in a way that has never been possible before." When planning an exterior home renovation, the design process can be overwhelming. Historically, homeowners have had to make costly decisions based solely on sketches and small product samples, or photos of other people's homes. Now, with Hardie™ Designer powered by Hover, homeowners can effortlessly visualize the possibilities of Hardie® materials – like a virtual try-on for their home. Any homeowner visiting JamesHardie.com can upload a single photo of their home's exterior and see their home redesigned in seconds, with multiple possibilities and design styles, from Farmhouse to Contemporary. From there, they can instantly edit and apply Hardie® profiles and colors to their home's exterior. Users can easily share their designs with family, friends and contractors to help in their decision-making."Homeowners today expect to see what they're buying before they commit, and the companies that offer real-time design will win," said A.J. Altman, founder and CEO at Hover. "We are excited to collaborate with James Hardie to further simplify the home renovation process. Hover's technology is built on more than a decade of real home property data. Now, industry leaders like James Hardie can leverage what we've built, delivering immediate value to prospective customers. Exterior renovations are an investment, and this collaboration is another step toward giving homeowners the clarity and confidence they need to move forward."To experience Hardie™ Designer powered by Hover and begin designing your dream home, visit jameshardie.com/hardie-designer.*Based on Freedonia 2022 Global Siding (Cladding) demand estimates and James Hardie sales in North America.James Hardie Building Products Inc.James Hardie is the North American leader in high-performance fiber cement exterior design solutions. Hardie® products offer long lasting beauty and endless design possibilities with trusted protection and low maintenance. As the #1 producer of high-performance fiber cement building solutions in the United States, James Hardie offers siding and accessories for every style. Hardie® products are noncombustible** and stand up to weather and time while empowering homeowners and building professionals to achieve the home of their dreams. James Hardie operates with an inclusive company culture and an unwavering commitment to Zero Harm. The company proudly employs a diverse workforce of over 3,700 employees in North America.For more information and media resources, visit JamesHardie.com and JamesHardie.com/all-about-james-hardie/media-resources. For investor information, please visit ir.jameshardie.com.au.**Hardie® siding complies with ASTM E136 as a noncombustible cladding. Noncombustible siding, when combined with other fire mitigation measures, can help harden a home against external fire.Connect with James Hardie on social media:LinkedInInstagramFacebookX (formerly Twitter)HoverHover brings a transformative digital experience to the built world. With a mobile app that designs, measures, and estimates home improvement and construction projects all in one place, Hover provides a faster, easier, and more transparent experience for homeowners and drives workflow efficiencies for contractors. With stunningly easy-to-use 3D models, reliable measurements, and precise project estimates, Hover offers contractors solutions and customizable automation for exterior and interior trades, jobs, or teams.Every two seconds, a property is captured with Hover. Over 300,000 contractors and home improvement professionals, and over 500,000 homeowners have scanned and modeled billions of square feet using Hover's technology. For more information, visit Hover.to.Media Contacts:James Hardie[email protected] Hover[email protected] Investor Contact:Joe Ahlersmeyer, CFAVice President, Investor Relations[email protected] SOURCE James Hardie Building Products Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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