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Showing posts from November, 2018

Why Financial Visibility Is Becoming a Competitive Advantage in Construction

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Introduction The hardest part of the job has never been winning projects; rather, the real challenge is keeping them profitable once they start. Projects generate hundreds of thousands of decisions regarding additional work authorizations, time tracking, equipment usage, subcontractors, materials, and many other details. If such data flows freely within the organization, company executives can gain insight into how projects are going and address minor problems before they become major. Unfortunately, that's not what happens all the time. In rapidly growing construction businesses , project information is scattered across emails, spreadsheets, handwritten documents, mobile phones, accounting applications, and other sources. Each department knows its little bit of the story, but no one has the whole story at the moment it matters most. That's why financial transparency is no longer just about reports. Financial transparency is now a competitive edge that enables contractor...
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The Hidden Opportunities of Internet of Things (IoT)

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IoT is a network of connected objects that can collect and exchange data. It has been around for a while, but only recently has it become more mainstream. IoT is not just for consumer products, there are also many opportunities in the enterprise. The internet of things is often called the “next big thing” and is largely responsible for the rise of big data. The internet of things provides us with an unprecedented amount of information on how people use their products, how they behave in their homes, and what they do at work. Along with  AI , The Internet of Things is changing the expectations of consumers. It will also change the way that businesses operate. The initial uptake of interconnected smart devices was slower than was forecast. But, the demand for technology is now developing at a rapid pace. That demand will place new pressures on businesses. It will also provide businesses with new opportunities. Here are some of the ways that the Internet of Things will impact the bu...
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Location: Dallas, TX, USA
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