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Most of us have seen the statistics on how old and outdated much of Americas infrastructure is and this is an issue that those areas under this water crisis cannot afford. The industry is looking for new and creative solutions to solve many of the inefficiencies and outdated systems that have been in place for decades.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
In 2015, Milwaukee announced the release of their digital tool tracking platform: ONE-KEY. The company has since released dozens of ONE-KEY enabled tools to manage them using Bluetooth, an inventory management system, and tool reporting functionality. Yesterday, the company announced several enhancements to the platforms inventory and reporting interfaces.
In what can be expected to be a continuous trend in the construction industry, construction management software company, Procore, has acquired yet another construction tech company to further bolster their software.
I’ve been very fortunate over the course of my relatively short career in construction to spend time focusing on many different aspects of construction. I recently spent about two and a half years working in site development and Storm Water Pollution Prevention Plan (SWPPP) compliance on a national scale and I wanted to share some of the insights that I gained from that experience.
We all know – or, at least, should know – about construction’s Fatal Four Hazards: Falls, Struck-by, Caught-in or Between, and Electrical. Those hazards get most of the attention in most safety training courses in construction and rightfully so, they contribute to a large majority of all deaths on the jobsite. A recent study, however, highlights the need to take certain health hazards more seriously, due to their long term effects.
Summer is officially upon us and beating the heat will keep you healthy and productive. There are many summer dangers on construction sites, but OSHA maintains that water, rest, and shade are the most important factors to avoiding heat illness. Here are a few products to help keep you and hydrated on your jobsites this summer.
I’m always fascinated by the innovative ways that construction companies can shave months off of a complicated schedule. McHugh Construction was able to shave 4 months off of the 22 month schedule of by employing a construction method that’s pretty tricky to employ, but incredibly efficient.
At Autodesk University in London today, PlanGrid has announced the additions of two new features for the platform: Advanced RFIs and Project Hub. The company has promised better project visibility and a streamlined RFI process with the updates.
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.