Building with Blockchain: 4 Ways the Tech Could Revolutionize Construction

GRACE ELLIS | July 24, 2019

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One of the things we always hear these days is how construction is changing. Companies that embrace this new world will set their businesses up to succeed deep into the future. Those that do not, however, are going to likely struggle to keep up. Rapid advances in technology are mainly driving construction’s transformation, and undoubtedly, one of the big buzzwords that the technological revolution has birthed is blockchain.

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SAP is a global software application vendor. SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. Our end-to-end suite of applications and services enables our customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improves people’s lives.

OTHER ARTICLES

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5 Fascinating Facts About Concrete

Article | June 8, 2021

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6 Construction Tech Trends in 2020

Article | February 12, 2020

Innovation is increasing as shown by advancements brought about by technology, according to an article in Reading Eagle. For example, drones and 3D printing are now more prevalent than before, and may be further embraced by the construction industry in 2020. The design-build approach, or Integrated Project Delivery, provides a means for clients to contract a sole entity to compose, plan, and construct a project. Streamlining the process results in faster project delivery timelines and lower costs.

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Feature engineering in machine learning

Article | April 24, 2020

Feature engineering is the process of extracting new variables by transforming raw data to improve the predictability of a machine learning model. But feature engineering is not just this kind of simple translation of categories like names or colors into numbers. The following section includes a collection of different kinds of engineering approaches that go beyond a translation of categories into numbers and address needs such as transforming numbers into categories or filtering data points due to missing or false data.

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Spotlight

SAP

SAP is a global software application vendor. SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. Our end-to-end suite of applications and services enables our customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improves people’s lives.

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