Apollo Arrow rises from Gumpert ashes with 1,000 hp

March 2, 2016 | 140 views

The Gumpert Apollo was one of the fastest cars ever to lap the Nürburgring. Fast as it was though, it wasn't very pretty. But now it's back with new bodywork and even more power than before.

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Solfins 3D Company

The Solfins company is the authorized representative of SolidWorks for Serbia and Montenegro. The SolidWorks platform represents a whole set of software solutions for machine and electrical design, electronic development, and complete product development process management with tools to assist in production, quality control, procurement, sales, marketing, and finance at your company.

OTHER ARTICLES
MARKET,ENGINEERING TECH

What is Environmental Engineering?

Article | July 11, 2022

Environmental regulations are tightening, resource extraction sites are nearing the end of their useful lives and must be cleaned up, and the list goes on. Environmental engineers are needed to take advantage of these career opportunities in order to ensure that human impact on the environment is sustainable. But exactly what is environmental engineering? What is Environmental Engineering? Environmental engineering entails both the protection of people from the environment and the protection of the environment from people. Environmental engineers, for example, help to protect people's health from the effects of pollution by designing pollution mitigation systems. When an environmental engineer, on the other hand, designs a system that treats waste to ensure that any spills into groundwater are less toxic, they are protecting the environment from the negative effects of humans. Environmental engineers rely on knowledge from a variety of disciplines, including chemistry, geology, physics, biology, soil science, and others, to complete their work; it is a highly interdisciplinary field. In which industries can environmental engineers work? Environmental engineers work in a wide range of industries and for a wide range of companies due to the wide range of tasks they perform. In this section, we will look at some of the most common areas in which they work. Oil, mining, and forestry are all resource industries that have a significant environmental impact. Companies in these industries frequently hire environmental engineers to minimize the impact these industries have on the environment in order to comply with government environmental regulations. For example, in the mining industry, an environmental engineer may be hired to treat mine waste to make it less toxic. Many environmental engineers go on to work for government agencies, assisting in the verification of companies' compliance with environmental regulations and, in some cases, developing environmental regulations themselves. Public infrastructure projects, such as dams and bridges, are another area where environmental engineers are needed. They are required to ensure that the environmental impact of these projects is kept to a minimum. Environmental engineers are responsible for safeguarding the environment against human impact as well as safeguarding humans against any serious negative effects caused by the environment. They can work in the resource industry, government, education, research, environmental clean-up companies, and engineering consulting firms. Environmental engineers are more needed than ever as stricter environmental regulations take effect around the world and there is a greater need to clean up anything that has a significant impact on the environment.

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ENGINEERING TECH

Midyear Deals in Engineering 2022

Article | July 20, 2022

Recent M&A activity has slowed slightly in 2022, owing primarily to economic and geopolitical uncertainty. In the short term, deal activity is expected to remain stable. This continued investment is expected to be driven by capital availability, private equity (PE) investors, and strategic balance sheet strength. Despite a drop in deal volume in the last quarter, deal activity remained consistent with pre-pandemic levels. Volumes in the four quarters ending in the first quarter of 2022 exceeded pre-pandemic levels by 18%. Deal values fell in the last two quarters due to fewer megadeals (deals worth at least $1 billion), as companies became warier of complications arising from government approvals. With the exception of construction machinery, North American activity drove deal volume growth over the last four quarters across all engineering and construction (E & C) subsectors. This region saw a shift toward local, strategic investor transactions, emphasising the impact of global economic headwinds. Prospects for Engineering Transactions Despite headwinds from slowing economic activity, rising interest rates, and cost pressure from rising material costs, increased competition for labor, and ongoing supply chain issues, the outlook for E & C sector deal activity remains positive, driven by the continued availability of capital and bolstered by the Infrastructure Investment and Jobs Act. The recent improvement in the performance of the residential market is expected to continue, owing to historically low interest rates, a housing gap caused by underbuilding over the last decade, the millennial generation entering prime home-buying age, and housing inventory near all-time lows. The non-residential market is expected to expand, but the outlook varies by sector. Transportation, manufacturing, and education are expected to benefit from infrastructure spending, while construction spending on offices and hotels is expected to decline, owing to continued remote working and business travel trends post-pandemic. “E&C deal activity is expected to remain stable due to the Infrastructure Investment and Jobs Act, private equity and corporate dry powder, realignment of end market exposure and acquisition of new technologies to support operations, despite the impact of inflation, supply chain disruption, labor shortages, and the war in Ukraine.” - Danny Bitar, US Engineering and Construction Deals Leader in the United States

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ROBOTICS AND AUTOMATION

Industrial Robots Popular for Engineering

Article | July 13, 2022

The report "Global Industrial Robot Market: Analysis by Industry, by Type, by Region, Size and Trends with Impact of COVID-19 and Forecast Up to 2026" valued the global industrial robot market at $33.90 billion in 2021 and projected it to $61.09 billion by 2026. Because of increased productivity and efficiency, lower manufacturing costs, and lower overall product purchase prices. Industry 4.0 has accelerated the development of collaborative robots and artificial intelligence (AI)-enabled robots, allowing industries to streamline processes, increase productivity, and reduce errors. Sectors are investing in robotic systems as the next generation of industrial robots becomes cheaper, autonomous, more mobile, cooperative, and adaptable. During the forecast period of 2022 to 2026, the industrial robot market is expected to grow at a CAGR of 12.50%. The Dynamics of the global industrial robot market Growth Drivers: Automation boosts productivity, raises quality, and decreases errors. Rising automation demand has increased the adoption of robots in various industries, and rising automation demand is a major market driver. The growing electronics industry, rapid installation of industrial robots, high wages, and the growing role of AI in robotics are all expected to drive growth in the industrial robot market. Challenges: The purchase and installation of robots requires significant capital investment, and the benefits provided may take many years to outweigh the initial cost. The high initial investment required for industrial robot-assisted production automation may act as a barrier to the market's growth. Other market challenges include safety concerns and privacy concerns. Trends: The development of collaborative robots, or co-bots, is a growing trend in robotics. Cobots are designed to collaborate with humans and are increasingly being used in industrial applications. Cobots use safety-rated sensors, which allow laborers to work in the same area without being harmed. Other trends that are expected to drive the growth of the engineering industry with the help of robot market during the forecasted period include the use of micro-electromechanical systems (MEMS), the rise of the cloud robotics market, next-generation tech accessories, and job opportunities in industrial robotic advancements.

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MARKET,ENGINEERING TECH

Top Software Engineering Trends That Will Prevail in 2022

Article | July 11, 2022

With the emergence of new technologies and a greater emphasis on customer centricity, businesses are rapidly shifting to intelligent software engineering services to drive innovation across products and services and provide real-life, superior user experiences. Future-ready organizations use next-generation software engineering services wisely to align development requirements with business objectives, accelerate the software lifecycle (from pre-maturity to completion), and optimize software performance. Innovative software engineering solutions can help organizations launch dependable, scalable, and high-quality apps faster, revamp their business models, and build strong and secure IT infrastructures - all while capitalizing on new growth opportunities. Modernization: Customer Centric Apps According to Gartner, by 2022, more than 75% of global organizations will be running containerized applications in production. A container is the entire run-time environment bundled into a single package, including applications, system libraries, configuration files, settings, and other binaries. Containers enable faster development, testing, deployment, and re-engineering of apps across multiple environments, including local laptops, on-premise data centers, and cloud platforms. A Power Up: A Creative Future with Generative AI A new disruptive technology, generative AI, enables organizations to create artifacts that previously required human expertise, allowing for breakthrough innovation in the fields of content, visual arts, design, and other creative activities. In the near future, the technology is expected to revolutionize the field of software engineering. No Code Law: Democratization of Software No code-low code application development platforms will continue to gain traction in organizations. These platforms enable citizen developers – non-technical business users in organizations – to create compelling apps in a more efficient and convenient manner. Rise in Event-Driven Architecture When an event is detected, it is routed through event channels from event producer to event consumer. This allows the services to be decoupled, allowing them to be acted on, scaled, and deployed in a seamless and independent manner. Intelligent software engineering services can be used to launch new products and services in new industries and fields. At Innover, we provide premier software engineering services that assist clients in developing proven, custom applications that customers want, reinventing their core capabilities, and delivering cutting-edge industrial solutions with speed and precision.

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Spotlight

Solfins 3D Company

The Solfins company is the authorized representative of SolidWorks for Serbia and Montenegro. The SolidWorks platform represents a whole set of software solutions for machine and electrical design, electronic development, and complete product development process management with tools to assist in production, quality control, procurement, sales, marketing, and finance at your company.

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ENGINEERING TECH,CONSTRUCTION

The Atlanta NECA chapter partners with StructShare to help electrical contractors effectively manage procurement and materials

StructShare | September 30, 2022

Atlanta Electrical Contractors Association (AECA) today announced a partnership with StructShare, the leading provider of purchasing and material management software. StructShare will grant special offers to members of the innovative chapter of the National Electrical Contractor Association (NECA) in the Atlanta region, to enhance effectiveness and accelerate supply chain management and cost tracking. "We seek partnerships with those contractor-focused vendors who we can rely on to offer the best to our members, Our members will benefit greatly from this relationship, We provide our members access to resources that will help them thrive in their business." -Joey Shorter, Executive Director of the AECA. Over the past few years, AECA members have used StructShare to streamline the entire purchasing cycle, connecting the office, the field, the warehouse, and their suppliers on a centralized, mobile, and cloud-based platform. StructShare makes an antiquated and cumbersome process much easier for the field and office by digitizing field requisitions, approval flows, POs, RFQs, deliveries, and invoice reconciliation while integrating all data into the common ERP and project management systems. According to NECA research, processing a single PO costs electrical contractors $42. Taking into consideration the amount of POs generated, this adds up to an undebatable pain that must be solved. AECA member and StructShare customer, Cariboo Industrial Electric has immediately maximized efficiency by eliminating double entry and overhead as well as received inventory visibility, seamless cost tracking, and preventing errors across the entire workflow. StructShare, a powerful purposely-built solution, offers end-to-end procurement, materials, inventory, and costs management. The flexible system is used by subcontractors of all sizes from $1-million in revenue to some of the largest in the country. "After working with the AECA team and members for a long time, I am excited to officially establish the partnership and provide the members with a tailored solution to their needs." -Or Lakritz Co-Founder and CPO, StructShare. AECA has a reputation of providing members with outstanding benefits and services including safety classes, professional and leadership development, education and training, as well as networking events. StructShare contributes to these efforts with technology and procurement education. We are honored to be a part of AECA, states StructShare CEO and co-founder, Arik Davidi. We've enjoyed the work with our Atlanta-area customers and look forward to bringing the same success to others in the region. About Atlanta Electrical Contractors Association: AECA is the leading, professional trade association representing, promoting, and advancing the electrical contracting industry in Georgia since 1929. AECA leads the industry in the practical application of new and emerging technologies in the construction industry and the public it serves. About StructShare: StructShare is a construction software company based in Austin, Texas and Tel Aviv, Israel, building digital solutions for specialty contractors to maximize efficiency and reduce costs.

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ENGINEERING TECH,CONSTRUCTION

Assignar Kicks Off Expansion Plans with Launch into the UK Construction Market

Assignar | September 30, 2022

Assignar, the global leader in cloud-based construction operations software, today announces the expansion of its business operations into the United Kingdom. Assignar’s initial expansion will target the heavy civil, excavation, demolition and rail sectors. The company is designed to bring all construction operations under a single view, making it particularly effective for highly regulated verticals. The platform allows contractors to remain compliant and safe in their operations with real-time visibility and communications across multiple projects. “Assignar was designed from a boots-on-the-ground perspective because it’s the solution I needed for my contracting company, Contractors don’t need a hands-off management system. They need a tool they can take into the field that solves for common operational problems. And that’s what Assignar is purposefully designed to do.” -Sean McCreanor CEO Assignar. Construction in the UK has experienced impressive growth in recent years, and experts predict the industry to grow an additional 14% in 2022 alone. Additionally, the recent passing of the National Infrastructure and Construction Pipeline will funnel an additional £650 billion into the industry over the next ten years. In recent years, the software provider has partnered with numerous UK-based contracting companies for their operations in Australia. Continued success with these clients, along with strong similarities between the nations’ construction markets, made this expansion a natural next step. The company aims to get a sample size of UK customers by the end of 2022 and will expand the team from there. “It’s really exciting to be on the ground as we begin to expand our presence in the country and look to bring improved operations to the construction industry, I’ve been reaching out to local contractors and people from my time working as a civil engineer. They’ve responded with a lot of excitement, especially in the traffic management and highway sectors. From my own experience, I know the UK market is more than ready for the tools offered in the Assignar platform.” -Mark Milner, a Senior Account Executive at Assignar. London is a fantastic place to scale a global tech business, said Laura Citron, CEO of London & Partners. That's why we're delighted to welcome Assignar to London this October and are thrilled they have chosen to grow their team and operations in our thriving ecosystem. I look forward to seeing how Assignar will continue to go from strength to strength in providing safety and compliance for the UK's construction sector. About Assignar: Assignar is the global leader in cloud-based construction operations. Its platform helps self-perform general and subcontractors improve productivity and operations, such as labor, crew and equipment management, resource-loaded scheduling, field data, timesheets, and more. Assignar works with hundreds of customers, ranging from multinational, multi-billion-dollar companies to specialist contractors with as few as five crews. Assignar’s customers operate in infrastructure, road, rail, civil, utilities and other construction disciplines. The company has offices in Denver, Colorado and Sydney, Australia and is backed by Tiger Global, SecondQuarter Ventures, Fifth Wall, Ironspring Ventures, Our Innovation Fund (OIF) and Tola Capital.

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MATERIALS,CONSTRUCTION

Holcim US Unites Legacy Brands in Colorado

Holcim | September 29, 2022

Holcim US, the leader in sustainable building solutions, announced today plans to unite its legacy brands in Colorado. The regional rebrand will advance Holcim's innovative ideas to build progress for people in the Centennial State, while maintaining the existing teams and products responsible for unmatched customer satisfaction. A trusted partner for decades in Denver, Colorado Springs, Boulder and Fort Collins, Holcim's Colorado-based legacy brands and operations include aggregates, cement, concrete, and asphalt and will join the Holcim Portland cement plant in Florence under the Holcim name. This next phase of the Holcim US transition will impact the Mountain Region, including Aggregate Industries, Metro Mix Concrete and Transit Mix Concrete. "In joining the state's legacy brands and operations, our goal is to continue leading the industry into a more sustainable future, while providing the same distinguished products and services we're known for in Colorado, Uniting these brands as Holcim builds on the market strength of each and streamlines the company's collective work as a sustainable builder of progress. Operations at each of the locations will continue to provide the same level of quality service and products customers have come to expect over the years, now under the Holcim name." -Chance Allen, general manager, ACM Mountain Region, Holcim US. The timely transition kicks off just after the Inflation Reduction Act was signed into law, containing roughly $5 billion for various programs that aim to accelerate the industry's shift toward low-embodied carbon building material, making now a critical time to band together and maximize innovation. Uniting these brands as Holcim builds on the market strength of each and streamlines the company's collective work as a sustainable builder of progress. About Holcim: Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world's most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

Read More

ENGINEERING TECH,CONSTRUCTION

The Atlanta NECA chapter partners with StructShare to help electrical contractors effectively manage procurement and materials

StructShare | September 30, 2022

Atlanta Electrical Contractors Association (AECA) today announced a partnership with StructShare, the leading provider of purchasing and material management software. StructShare will grant special offers to members of the innovative chapter of the National Electrical Contractor Association (NECA) in the Atlanta region, to enhance effectiveness and accelerate supply chain management and cost tracking. "We seek partnerships with those contractor-focused vendors who we can rely on to offer the best to our members, Our members will benefit greatly from this relationship, We provide our members access to resources that will help them thrive in their business." -Joey Shorter, Executive Director of the AECA. Over the past few years, AECA members have used StructShare to streamline the entire purchasing cycle, connecting the office, the field, the warehouse, and their suppliers on a centralized, mobile, and cloud-based platform. StructShare makes an antiquated and cumbersome process much easier for the field and office by digitizing field requisitions, approval flows, POs, RFQs, deliveries, and invoice reconciliation while integrating all data into the common ERP and project management systems. According to NECA research, processing a single PO costs electrical contractors $42. Taking into consideration the amount of POs generated, this adds up to an undebatable pain that must be solved. AECA member and StructShare customer, Cariboo Industrial Electric has immediately maximized efficiency by eliminating double entry and overhead as well as received inventory visibility, seamless cost tracking, and preventing errors across the entire workflow. StructShare, a powerful purposely-built solution, offers end-to-end procurement, materials, inventory, and costs management. The flexible system is used by subcontractors of all sizes from $1-million in revenue to some of the largest in the country. "After working with the AECA team and members for a long time, I am excited to officially establish the partnership and provide the members with a tailored solution to their needs." -Or Lakritz Co-Founder and CPO, StructShare. AECA has a reputation of providing members with outstanding benefits and services including safety classes, professional and leadership development, education and training, as well as networking events. StructShare contributes to these efforts with technology and procurement education. We are honored to be a part of AECA, states StructShare CEO and co-founder, Arik Davidi. We've enjoyed the work with our Atlanta-area customers and look forward to bringing the same success to others in the region. About Atlanta Electrical Contractors Association: AECA is the leading, professional trade association representing, promoting, and advancing the electrical contracting industry in Georgia since 1929. AECA leads the industry in the practical application of new and emerging technologies in the construction industry and the public it serves. About StructShare: StructShare is a construction software company based in Austin, Texas and Tel Aviv, Israel, building digital solutions for specialty contractors to maximize efficiency and reduce costs.

Read More

ENGINEERING TECH,CONSTRUCTION

Assignar Kicks Off Expansion Plans with Launch into the UK Construction Market

Assignar | September 30, 2022

Assignar, the global leader in cloud-based construction operations software, today announces the expansion of its business operations into the United Kingdom. Assignar’s initial expansion will target the heavy civil, excavation, demolition and rail sectors. The company is designed to bring all construction operations under a single view, making it particularly effective for highly regulated verticals. The platform allows contractors to remain compliant and safe in their operations with real-time visibility and communications across multiple projects. “Assignar was designed from a boots-on-the-ground perspective because it’s the solution I needed for my contracting company, Contractors don’t need a hands-off management system. They need a tool they can take into the field that solves for common operational problems. And that’s what Assignar is purposefully designed to do.” -Sean McCreanor CEO Assignar. Construction in the UK has experienced impressive growth in recent years, and experts predict the industry to grow an additional 14% in 2022 alone. Additionally, the recent passing of the National Infrastructure and Construction Pipeline will funnel an additional £650 billion into the industry over the next ten years. In recent years, the software provider has partnered with numerous UK-based contracting companies for their operations in Australia. Continued success with these clients, along with strong similarities between the nations’ construction markets, made this expansion a natural next step. The company aims to get a sample size of UK customers by the end of 2022 and will expand the team from there. “It’s really exciting to be on the ground as we begin to expand our presence in the country and look to bring improved operations to the construction industry, I’ve been reaching out to local contractors and people from my time working as a civil engineer. They’ve responded with a lot of excitement, especially in the traffic management and highway sectors. From my own experience, I know the UK market is more than ready for the tools offered in the Assignar platform.” -Mark Milner, a Senior Account Executive at Assignar. London is a fantastic place to scale a global tech business, said Laura Citron, CEO of London & Partners. That's why we're delighted to welcome Assignar to London this October and are thrilled they have chosen to grow their team and operations in our thriving ecosystem. I look forward to seeing how Assignar will continue to go from strength to strength in providing safety and compliance for the UK's construction sector. About Assignar: Assignar is the global leader in cloud-based construction operations. Its platform helps self-perform general and subcontractors improve productivity and operations, such as labor, crew and equipment management, resource-loaded scheduling, field data, timesheets, and more. Assignar works with hundreds of customers, ranging from multinational, multi-billion-dollar companies to specialist contractors with as few as five crews. Assignar’s customers operate in infrastructure, road, rail, civil, utilities and other construction disciplines. The company has offices in Denver, Colorado and Sydney, Australia and is backed by Tiger Global, SecondQuarter Ventures, Fifth Wall, Ironspring Ventures, Our Innovation Fund (OIF) and Tola Capital.

Read More

MATERIALS,CONSTRUCTION

Holcim US Unites Legacy Brands in Colorado

Holcim | September 29, 2022

Holcim US, the leader in sustainable building solutions, announced today plans to unite its legacy brands in Colorado. The regional rebrand will advance Holcim's innovative ideas to build progress for people in the Centennial State, while maintaining the existing teams and products responsible for unmatched customer satisfaction. A trusted partner for decades in Denver, Colorado Springs, Boulder and Fort Collins, Holcim's Colorado-based legacy brands and operations include aggregates, cement, concrete, and asphalt and will join the Holcim Portland cement plant in Florence under the Holcim name. This next phase of the Holcim US transition will impact the Mountain Region, including Aggregate Industries, Metro Mix Concrete and Transit Mix Concrete. "In joining the state's legacy brands and operations, our goal is to continue leading the industry into a more sustainable future, while providing the same distinguished products and services we're known for in Colorado, Uniting these brands as Holcim builds on the market strength of each and streamlines the company's collective work as a sustainable builder of progress. Operations at each of the locations will continue to provide the same level of quality service and products customers have come to expect over the years, now under the Holcim name." -Chance Allen, general manager, ACM Mountain Region, Holcim US. The timely transition kicks off just after the Inflation Reduction Act was signed into law, containing roughly $5 billion for various programs that aim to accelerate the industry's shift toward low-embodied carbon building material, making now a critical time to band together and maximize innovation. Uniting these brands as Holcim builds on the market strength of each and streamlines the company's collective work as a sustainable builder of progress. About Holcim: Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world's most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

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