It has been reported that as much as 50% of large infrastructure projects experience significant cost and schedule overruns. A number of challenges persist and stand in the way of building truly connected infrastructure that we need worldwide—but one hurdle isn’t being as widely discussed as others.
Global spending on blockchain is anticipated to grow significantly this year, as it offer new opportunities for businesses. However, understanding a new technology and recognizing potential use cases and benefits can be challenging for construction companies.
Let’s talk security in construction for a moment—because it impacts every single worker in the construction industry. If you think cybersecurity isn’t your business, you are wrong. It is, and you need to be prepared.
The numbers continue to roll in. AI (artificial intelligence) is one of the hottest technologies of 2019, and not only that, organizations are expecting implementations to skyrocket in the next year. Is your construction company ready for the transformation that is about to take place?
Are the days of standard hard hats and safety glasses behind us? Will they soon be infused with data that help make decisions about projects?
Here’s the fact: We are in a very tight labor market. Can AI (artificial intelligence) step in to help solve the challenges? Is construction ready for AI to be ushered in at full force?
The construction, engineering, architectural, and building industry is at a crossroads. The continued economic expansion in the U.S. is beginning to see somewhat of a little slowdown that could just have some significant consequences. The period of growth that began in March 2009, some nine years ago, is beginning to show some real signs of a recession despite what those reading this blog might wish to prepare for today’s economic climate.
One thing the residential construction community has done really well is recognize trends and respond. When buyers requested more energy-efficient homes, builders delivered. When they asked for more “smarts” in the home, technology is what they got. Now, homebuilders are recognizing another growing trend that is getting ready to explode—senior living developments.
In the state of Illinois drivers are experiencing a lot of changes this holiday driving week. First at the gas pump, they are seeing a permanent spike in gasoline taxes to .38 cents a gallon.