We talk a lot about the IoT (Internet of Things)—connecting everything to everything, providing access to information and control of just about every electrical system in the world.
While smaller companies may not have a formal HR (human resources) department, every company has the need for understanding this important function.
Of course, we live in a data-driven world. From your handheld computer, called a smartphone, to the supercomputer on your desktop, data is everywhere. The social media that has become the go-to source of communication and interaction depends on input—data—to provide that communication.
Artificial intelligence is moving rapidly from tech-toy status to serious investment throughout the industries experimenting with it. Global spending on AI (artificial intelligence) systems is expected to show strong growth, as businesses invest in projects that use the capabilities of AI software and platforms.
Whether you’ve bought a Bitcoin or not, you have probably heard the term “blockchain.” A blockchain is a decentralized, distributed, and public digital ledger that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks.
At the top of the list of 2019 buzzwords is AI (artificial Intelligence). A concept that’s been around for decades has taken off, as the computer power to actually do AI has become available in usable forms—no mainframe needed.
In construction, many people hear the word disruption and have a negative reaction, but disruption is in fact a transformation that is caused by emerging technologies and new business processes. The companies that typically have a negative experience are the ones who simply don’t embrace it.
One of the biggest takeaways from Technology Days 2019 is this: If you don’t disrupt, you will be disrupted. Consider for a minute other industries, specifically taxis and hotels. Uber and Airbnb came in with a different model for providing these services and it completely turned those industries upside down. If you think this won’t happen to construction, you are wrong.
Residential construction continues to get a boost with new technology, especially with the growth of emerging technology such as AI (artificial intelligence), AR (augmented reality), VR (virtual reality), and so much more.