The water crisis on the West Coast of America has had some investors in Silicon Valley saying, "water is the next oil." Traditionally, water and waste water companies have only received a few hundred million dollars of investment annually, about 1% of angel and venture capital. However, as the water crisis continues to be an ever more serious problem that is on the forefront of peoples minds, investors have started to pay attention to the water companies. As investors look into this large market, they are seeing that many water startup are out performing many tech startups.
Most of us have seen the statistics on how old and outdated much of Americas infrastructure is and this is an issue that those areas under this water crisis cannot afford. The industry is looking for new and creative solutions to solve many of the inefficiencies and outdated systems that have been in place for decades.
What does this mean for the construction industry? Well, a lot of startups and a lot of investors have a high chance of reaching profitability (according to Lux Research, which shows water startups exceed profitability averages), which means that these companies will be looking to build and expand as soon as they get the chance. The lack of water is a crisis, but this crisis is also a catalyst to improve our nation's infrastructure. And to improve means to build.
Turning Water Problems into Business Opportunities | TechCrunch
Traffic in Atlanta sucks, there’s really no other way to say it. So imagine the tough position commuters and city officials were put in when a bridge of a major highway on the north side of the city caught fire on March 20, 2017 and was damaged beyond repair. 243,000 motorists were forced to find alternate routes to work for the estimated 3 months that it was going to take to rebuild it. Now, imagine how thrilled they were when the highway opened back up one month ahead of schedule.
The worst day on the job is when someone on site gets injured. The 2nd through 500th worst days are the legal battle that follows many of those injuries. Nobody expects accidents to happen, but it’s best to be adequately prepared if one does. That not only includes knowing how to react to injuries with a safety plan, but also making sure your company’s documentation is in order in case lawsuits start flying.
Tracking employees instantaneously is a dream scenario for employers. It gives them tons of data to analyze to determine where money can be saved and where resources can be placed to be most efficient. The struggle is convincing the employees that tracking their every move is not going to get them in trouble or fired. There’s a balance in there somewhere and that’s the challenge facing both employers and tech companies right now.
There’s no doubt that the construction industry is behind when it comes to technology, but things are beginning to change. In the past few years, our industry has seen millions of dollars poured into new technology, including smartphone apps, advanced construction materials, and advanced safety equipment. One of the struggles –and perhaps the main struggle- with introducing new technology to the field staff is that many of them have been managing their jobs the same way for a long time. It can be difficult to convince them to change, especially if they have been successful with their current process.
The following article was written by Miami Construction Lawyer Alex Barthet
In a court of law, a contractor’s daily reports are critical. In many instances, they are considered key evidence showing what actually occurred at specific times on the job. And since people’s memories fade, a court will likely rely heavily on what the daily reports say happened (especially when presented with a corroborating witness).
Many could argue that peanut butter and jelly or spaghetti and meat balls go together about as well as cursing and construction job site. Sometimes I find myself surprised that there are more curse words written into construction proposals.
Originally set to be enforced on June 23, 2017, the Occupational Safety and Health Administration new rule regarding silica dust exposure limits has been delayed an additional 90 days, to September 23, 2017. Many construction industry groups were upset by the new rule, as they deemed it “technologically and economically infeasible, but also unnecessary.”
Scissor lifts are on most typical construction job sites and they’re an often overlooked hazard. Too often, liberties are taken with the lifts that create unsafe conditions, which can cause injuries and deaths. OSHA recently released the results of their investigation of 10 fatalities and 20 injuries involving scissor lifts and released their findings in what the organization refers to as a “Hazard Alert.”
There’s no doubt that bridge demolitions by implosion are extremely fun to watch, but the fireworks show and big splash into the water below can sometimes overshadow other demolition projects that don’t allow implosion. Priestly Demolition Inc. (PDI) recently won two 2016 World Demolition Awards for one of those projects where implosion was not an option and they have also produced an incredibly detailed video of how they did it.
As of the first quarter of 2016, the Bureau of Labor Statistics (BLS) reports that there are over 768,000 construction companies currently operating in the private industry in America. There are also countless more that have come and gone. According to Statistic Brain, only 47% of construction startup businesses are still operating after year 4. Personally, I've seen many people break off from a construction company and create their own business; some are still in operation, others have failed.