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Most of us have seen the statistics on how old and outdated much of Americas infrastructure is and this is an issue that those areas under this water crisis cannot afford. The industry is looking for new and creative solutions to solve many of the inefficiencies and outdated systems that have been in place for decades.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
One of the best parts (for me, anyway) of large developments that cost hundreds of millions of dollars being built is being able to learn about different construction methods that can reduce costs or deliver the project sooner than traditional methods. The Crown Sydney, a future 890 foot tall tower in Australia, is using a method called “top down construction” to shorten their project schedule and avoid additional hazards on the $740 million project.
OSHA's new crystalline silica dust exposure regulations officially went into effect on September 23, 2017. Over the past 10 months, there has been plenty of confusion about the lung disease causing material. In the first 6 months after the effective date, OSHA's inspectors yielded 116 violations across the country.
Whether you’re looking to begin using software for the first time or update your current system, here are some ways that software can help improve your company in 2018:
Recent promises of tariffs and impending trade wars over metals, softwood lumber, and other imports have had many wondering about the effects on construction material pricing. Associated Builders and Contractors, Inc (ABC) recently analyzed data from the Bureau of Labor Statistics and it already shows a large increase in cost.
Tracking updates to construction software is uncharted territory for many contractors and very easy to miss. I’m going to be highlighting a lot more software updates and enhancements for several of the major project management and construction productivity software that many construction professionals are using in the future. Recently, PlanGrid announced 7 new updates that its users will most certainly find helpful.
As the demand for construction work has steadily grown, so too has the demand for skilled laborers to complete the work. After years of industry talk about needing to fill the gap, it’s become apparent that wage increases will be a way to drive more interest to those looking for work.
Creating submittal logs and tracking forms can be a complete hassle, so thankfully tech companies have taken notice and have begun creating tools to alleviate the problem. Earlier this week, Procore announced the release of their new Submittal Builder tool, which will scan your project’s spec book and create a submittal log within minutes.
Finding enough labor to complete jobs has been a problem for many companies in the construction industry over the past few years. Amid a construction “boom” in many areas, general and subcontractors are accepting jobs without enough people to work them, so some have turned to hiring “subs of subs” to supplement their work, a report published by The Tennessean says.
OSHA newer and more stringent regulations regarding employee’s exposure to respirable crystalline silica officially went into effect on September 23, 2017. The new reduced the permissible exposure limit of the substance, which is found mostly in products containing sand (like concrete, mortar, and brick), from 250 micrograms per cubic meter of air down to 50 micrograms per cubic meter of air averaged over an 8 hour shift.