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Most of us have seen the statistics on how old and outdated much of Americas infrastructure is and this is an issue that those areas under this water crisis cannot afford. The industry is looking for new and creative solutions to solve many of the inefficiencies and outdated systems that have been in place for decades.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
Father’s Day 2019 is June 16, so you better get started on gift ideas if you want to impress dad this year. Whether your father is contractor, handyman, or DIYer, we’ve got a lot of great ideas for him this year.
[sponsored] In a world where construction is desperately seeking young people to fill the gaps of an aging workforce, it seems pretty obvious that someone should have come up with a way to incorporate video games into the construction process. Well, thanks to Buildfore’s CtrlWiz, someone finally has, and it allows users to manipulate 3D models within Navisworks with an Xbox controller.
One of the biggest advantages of using a project management platform, whether it be Autodesk BIM 360, Procore, or another, is the ability to have access to all project information on the go. For construction tech companies, making a simple mobile app that’s intuitive and easy to use is key. Autodesk is simplifying their available apps and has recently released a new unified BIM 360 mobile app.
Just because construction companies are wising up and beginning to implement project management software on their projects doesn’t mean that traditional programs, like Microsoft Excel, PowerPoint, and Word will no longer be needed. Recognizing that fact, Autodesk BIM 360 has announced an integration with Microsoft Office 365 which should make users very happy.
Submittals can be one of the most tedious tasks on any construction site. Logging, tracking, and reviewing them can take a lot of hours that you might not have. Thankfully, in recent years, several construction technology companies, like Procore, have launched automated submittal log builders to help ease the pain and increase accuracy. To make the submittal process even less tedious, Procore recently announced the release of the new Submittal PDF markup, which is free to all users.
Even with the comprehensive collaborative environment that project management software, like Procore, provide, email is still a necessary evil for even the most technologically advanced contractor. Recently Procore announced new integrations with one of the biggest email providers, Microsoft Outlook, to help reduce redundancies and get all your information into one place.
Augmented Reality (AR) is often thought of as an interesting new twist on video games, but, in reality, it has some great potential for solving some common problems in construction. BigRentz, a construction equipment rental company, recently shared an infographic of 6 applications of AR in construction.
As smartphones and tablets are slowly becoming one of the most prominent and powerful tools on construction site, construction technology companies are still largely focusing on construction management firms and general contractors. What’s lost on many is the fact that there are dozens of subcontractors on every jobsite that also need to manage their projects.
Safety training in the construction industry is necessary to build worker awareness – not to mention that it’s legally required – but it can be extremely time consuming and expensive to have completed. There are many companies out there looking to make money off of keeping workers safe, which is why it’s great when a company offers training free of charge, like Procore’s Safety Qualified program.
Ladders are one of the most widely used and necessary pieces of equipment on a construction jobsite. They’re also one of the most misused and abused pieces of equipment on a jobsite. In addition to being one of the most frequently cited OSHA violations each year, it also accounts for too many of the industry’s yearly fatalities and countless injuries.