What ‘on the ground’ infrastructure delivery can expect in the year ahead

Aneeka Barmi | July 1, 2021 | 64 views

While an important milestone, the remainder of Phase 2B connecting Birmingham to Leeds awaits similar backing. Delivery programmes can often become constrained by timescales associated with land acquisition, procurement and site mobilisation at the start of a project.

As this legislation makes its way through Parliament, continuous and prompt delivery of the integrated route must be supported. This will enable efficiencies and benefits to be realised during both delivery and operation phases of the complete HS2 route, as well as Northern Powerhouse Rail (NPR). HS2 will provide 50% of the infrastructure for NPR; a project designed to transform the rail network in the north of England.

Encouragingly, the Queen’s Speech recognised that improving existing processes can be equally conductive to positive transformation. The Planning Bill will modernise our current systems with simpler frameworks, enabling those on the ground to deliver environmental and commercial opportunities more promptly. This will also support delivery of the UK’s ambitious net zero target. While efficiencies are encouraging, the importance of public consultation, as many major infrastructure projects currently undertake from conception to completion, should not be forgotten.

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Tiziri Advanced Manufacturing Technologies

Tiziri offers Advanced Manufacturing Consulting Services. Through strategic partnerships with selected service providers, we offer the client the best technologies for their specific needs. Tiziri represents various international companies in the field of advanced manufacturing.

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ENGINEERING TECH

EDM set to lead skills development in new £10 million digital engineering centre

Article | August 4, 2021

UWE Bristol will play a central role in a new £10 million digital engineering centre for the region. The Centre for Digital Engineering Technology & Innovation is a research, innovation and skills initiative created to develop and accelerate digital engineering across multiple industry sectors, to ultimately benefit future generations of engineers and engineering products, and to help tackle global challenges.

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ENGINEERING TECH

Service Tech Mobile Unveiled at AHR

Article | August 17, 2021

The recent AHR Expo 2020 was a showcase of the very latest - and coolest - technologies for service contractors. From cutting-edge air and water purification systems to virtual reality headsets to advanced sensors and alert systems to enhance safety, one thing is clear: service contractors today have a lot more tools at their disposal than they have in years past.

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MARKET, ENGINEERING TECH

The Future of Construction from a Leader in SLAM-Based Laser Scanning

Article | July 11, 2022

Since the early days of the personal computer the construction industry has been slow to adopt digital technology. As a result, increases in construction productivity have lagged virtually every other major industry, such as automotive and aircraft manufacturing. It’s true that every construction project is different, unlike automobiles and planes, but we can do more to improve the future of construction.

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Financial Engineering: How To Make SAP Shareholders Happy

Article | February 10, 2020

SAP is tweaking and twisting everything it can to make everybody happy. The efforts of Mucic, Morgan and Klein are remarkable. The three musketeers strike again: SAP co-CEOs Jennifer Morgan and Christian Klein as well as CFO Luka Mucic want to make everyone in the SAP community happy, and they want to make everyone happy all at once. To make that happen, they are moving large sums of money around – only through legal, albeit a little questionable, methods, primarily financial engineering.

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Spotlight

Tiziri Advanced Manufacturing Technologies

Tiziri offers Advanced Manufacturing Consulting Services. Through strategic partnerships with selected service providers, we offer the client the best technologies for their specific needs. Tiziri represents various international companies in the field of advanced manufacturing.

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ENGINEERING TECH

Armstrong Steel Shares 2023 Pre-engineered Steel Building Trends

Armstrong Steel | November 28, 2022

The demand for pre-engineered steel buildings is exploding, according to Armstrong Steel. Because of the many benefits that these pre-engineered buildings provide, new industries are turning toward this type of construction for their structure needs. The recently released 2022 Pre-Engineered Buildings Global Market Report showed that the global steel market is expected to be worth $26.87 billion by 2026, which would represent a CAGR, or compound annual growth rate, of 11.98%. Pre-engineered buildings have structural columns, rafters, girts, purlins and sheeting which are engineered and manufactured specific to each building purchased and then assembled on site per the erection drawings and all the parts are numbered to correspond with the drawings. While pre-engineered steel buildings such as the ones manufactured by Armstrong Steel Buildings have been used extensively for workshops, storage, community halls, factories, airport hangars, strip malls and much, much more, they are also in high demand today for office buildings. Pre-engineered steel buildings provide many benefits, including their flexibility in usage, the speed at which they are constructed, and their overall cost. It's only natural, then, that more and more industries are turning toward this type of structure for their building needs. The increased demand for pre-engineered steel buildings in the office space market is a significant contributor to the market's expected growth as a whole. In many developing countries experiencing economic growth and rapid urbanization, these pre-engineered steel buildings are preferred because they are cost-effective and can be erected faster than traditional buildings. The report also states that pre-engineered steel buildings make up anywhere from 75% to 80% of all new corporate and commercial construction. It's no surprise, then, that the industry is expected to experience explosive growth in 2023 and beyond. One of the biggest trends in the steel building industry, according to Armstrong Steel Buildings, is the adoption of green building practices to positively impact climate change. Steel production has traditionally consumed a significant amount of energy and created a lot of emissions. New technological advances are allowing steel manufacturing companies to not only reduce their energy consumption but also reduce their emissions at the same time. Pre-engineered steel buildings are very eco-friendly, too. Armstrong Steel notes that steel itself is 100% recyclable and can be used multiple times over without compromising the integrity of the material. This is yet another reason why pre-engineered steel buildings are a smart investment for any company, organization, or individual who needs a new structure. About Armstrong Steel As a leading manufacturer of pre-engineered metal buildings, Armstrong Steel Buildings takes pride in delivering high-quality steel buildings across North America. Armstrong Steel Buildings has been delivering high-quality steel buildings for nearly twenty years and provides structures to residential, commercial, agricultural, industrial, cannabis, government, and military agencies.

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ENGINEERING TECH

GlobalLogic Acquires Fortech, a Leading Digital Engineering Company Based in Romania

GlobalLogic | November 21, 2022

GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company based in Romania. Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation—a track record that has ultimately positioned the company as one of Romania’s largest leading independent digital engineering firms. With 1,100+ people, Fortech operates out of four cities in Romania to support top-tier clients across a wide range of industries. These achievements and capabilities will help GlobalLogic further expand its customer and talent base, as it aims to address the robust global demand for digital transformation (DX). Additionally, Fortech’s seasoned leaders will bring valuable technical and domain experience along with strong relationships across European markets and marquee clients. “Fortech is a leading firm with proven track record and specialization in technology that is needed for digital evolution, This acquisition will further enhance GlobalLogic’s presence in Europe, and accelerate our access to the rich technical talent in Romania; it will arm Fortech with the resources and strong backing of GlobalLogic and Hitachi. We are excited to welcome Fortech and their talented people to the GlobalLogic family.” -Nitesh Banga, President and CEO, GlobalLogic. Founded in 2003, Fortech delivers full-spectrum digital engineering services including Architecture Design, Software Development, DevOps, Quality Assurance, and Data Analytics. The company has successfully architected, built, and maintained products for clients across numerous industries with a focused specialization in Cloud, IOT, and SaaS. Fortech holds deep domain experience in six key high growth verticals: Automotive, Banking/Finance, Healthcare, Manufacturing, Professional Services, and Technology/Media/Telecom. Fortech’s coverage of key industries and technologies is an incredible match for GlobalLogic. Fortech’s successes have led to it being recognized as one of the 2022 Best Managed Companies in Romania in the first edition of Deloitte’s Romania program. “We’re proud of our legacy, which is based on helping companies realize the power of transformative digital solutions, Joining forces with GlobalLogic, backed by Hitachi, takes our reach to a whole new level. Additionally, finding a partner that shares our cultural values with a strong emphasis on people, customers, and societal benefit is extremely gratifying.” -Calin Vaduva, CEO, Fortech. GlobalLogic’s investment in Fortech is part of a multi-year strategy designed to establish a wider European footprint while enabling it to better serve its customers worldwide from a delivery perspective. This acquisition will further enable GlobalLogic to augment Hitachi's strengths in Information Technology (IT), Operating Technology (OT), and Products, and accelerate its growth helping expand the Lumada business. About Fortech: Fortech (www.fortech.ro) is a software services company headquartered in Cluj-Napoca, Romania. It also holds engineering hubs in Oradea, Iasi, and Brasov. With a workforce of 1,100+ people, Fortech’s technical expertise spans a variety of sectors, from automotive and financial to healthcare and more. Fortech covers the end-to-end software lifecycle development to deliver the innovation, scalability, quality, and speed needed by its clients. The company’s approach to software engineering combines strong technology and process know-how, Agile delivery methods, and a blend of code quality practices and metrics refined throughout two decades of operation. Since 2003, more than two hundred brands have chosen Fortech as their software engineering partner. About GlobalLogic: GlobalLogic is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise – we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business.

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CONSTRUCTION

UCS Secures Multi-Million Cash Advance for West Coast Construction Company

West Coast Construction | November 28, 2022

United Capital Source helped secure one merchant cash advance totaling $9 million for a west coast construction company. The 32-year-old company will use the funds for a government contract it was awarded for the renovation of two city schools. After receiving the award for the construction contract, the company came to UCS looking for a subordinated line to its current lender. UCS, an online marketplace, worked quickly with the company’s lender and the funder’s legal teams on the language needed in the subordination agreement. The total time to fund the advance was four and a half days. UCS helped to structure the exact deal required within the timeframe necessary so the company could take advantage of the opportunity they had despite this being unconventional funding. The construction company received an immediate cash advance of $6 million, with another $3 million becoming available in twenty days when the second part of their project starts. The merchant cash advance structure is an estimated 12-month deal that includes aggressive prepayment options from three to six months. “This is another example of how our marketplace works. We have partnered with best-in-class lenders and funders who can operate quickly and efficiently across multiple products offering the best rates and terms available. Danielle handled most of the deal, and she worked for 4 days straight assisting the legal teams and working back and forth between all parties getting the deal to the finish line in time for the clients.” -Jared Weitz UCS. The structure of the loan is intended to serve as bridge financing, and that’s exactly how the construction company will use it. UCS VP of Sales Danielle Rivelli handled the deal from start to finish. Danielle’s dedicated service and unique financing structure highlighted UCS’s ability to find business financing options that work for their clients. The construction company acquired the funds to take advantage of the government contract opportunity. United Capital Source, Inc: Is a lending marketplace geared towards driving small business growth. .

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ENGINEERING TECH

Armstrong Steel Shares 2023 Pre-engineered Steel Building Trends

Armstrong Steel | November 28, 2022

The demand for pre-engineered steel buildings is exploding, according to Armstrong Steel. Because of the many benefits that these pre-engineered buildings provide, new industries are turning toward this type of construction for their structure needs. The recently released 2022 Pre-Engineered Buildings Global Market Report showed that the global steel market is expected to be worth $26.87 billion by 2026, which would represent a CAGR, or compound annual growth rate, of 11.98%. Pre-engineered buildings have structural columns, rafters, girts, purlins and sheeting which are engineered and manufactured specific to each building purchased and then assembled on site per the erection drawings and all the parts are numbered to correspond with the drawings. While pre-engineered steel buildings such as the ones manufactured by Armstrong Steel Buildings have been used extensively for workshops, storage, community halls, factories, airport hangars, strip malls and much, much more, they are also in high demand today for office buildings. Pre-engineered steel buildings provide many benefits, including their flexibility in usage, the speed at which they are constructed, and their overall cost. It's only natural, then, that more and more industries are turning toward this type of structure for their building needs. The increased demand for pre-engineered steel buildings in the office space market is a significant contributor to the market's expected growth as a whole. In many developing countries experiencing economic growth and rapid urbanization, these pre-engineered steel buildings are preferred because they are cost-effective and can be erected faster than traditional buildings. The report also states that pre-engineered steel buildings make up anywhere from 75% to 80% of all new corporate and commercial construction. It's no surprise, then, that the industry is expected to experience explosive growth in 2023 and beyond. One of the biggest trends in the steel building industry, according to Armstrong Steel Buildings, is the adoption of green building practices to positively impact climate change. Steel production has traditionally consumed a significant amount of energy and created a lot of emissions. New technological advances are allowing steel manufacturing companies to not only reduce their energy consumption but also reduce their emissions at the same time. Pre-engineered steel buildings are very eco-friendly, too. Armstrong Steel notes that steel itself is 100% recyclable and can be used multiple times over without compromising the integrity of the material. This is yet another reason why pre-engineered steel buildings are a smart investment for any company, organization, or individual who needs a new structure. About Armstrong Steel As a leading manufacturer of pre-engineered metal buildings, Armstrong Steel Buildings takes pride in delivering high-quality steel buildings across North America. Armstrong Steel Buildings has been delivering high-quality steel buildings for nearly twenty years and provides structures to residential, commercial, agricultural, industrial, cannabis, government, and military agencies.

Read More

ENGINEERING TECH

GlobalLogic Acquires Fortech, a Leading Digital Engineering Company Based in Romania

GlobalLogic | November 21, 2022

GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company based in Romania. Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation—a track record that has ultimately positioned the company as one of Romania’s largest leading independent digital engineering firms. With 1,100+ people, Fortech operates out of four cities in Romania to support top-tier clients across a wide range of industries. These achievements and capabilities will help GlobalLogic further expand its customer and talent base, as it aims to address the robust global demand for digital transformation (DX). Additionally, Fortech’s seasoned leaders will bring valuable technical and domain experience along with strong relationships across European markets and marquee clients. “Fortech is a leading firm with proven track record and specialization in technology that is needed for digital evolution, This acquisition will further enhance GlobalLogic’s presence in Europe, and accelerate our access to the rich technical talent in Romania; it will arm Fortech with the resources and strong backing of GlobalLogic and Hitachi. We are excited to welcome Fortech and their talented people to the GlobalLogic family.” -Nitesh Banga, President and CEO, GlobalLogic. Founded in 2003, Fortech delivers full-spectrum digital engineering services including Architecture Design, Software Development, DevOps, Quality Assurance, and Data Analytics. The company has successfully architected, built, and maintained products for clients across numerous industries with a focused specialization in Cloud, IOT, and SaaS. Fortech holds deep domain experience in six key high growth verticals: Automotive, Banking/Finance, Healthcare, Manufacturing, Professional Services, and Technology/Media/Telecom. Fortech’s coverage of key industries and technologies is an incredible match for GlobalLogic. Fortech’s successes have led to it being recognized as one of the 2022 Best Managed Companies in Romania in the first edition of Deloitte’s Romania program. “We’re proud of our legacy, which is based on helping companies realize the power of transformative digital solutions, Joining forces with GlobalLogic, backed by Hitachi, takes our reach to a whole new level. Additionally, finding a partner that shares our cultural values with a strong emphasis on people, customers, and societal benefit is extremely gratifying.” -Calin Vaduva, CEO, Fortech. GlobalLogic’s investment in Fortech is part of a multi-year strategy designed to establish a wider European footprint while enabling it to better serve its customers worldwide from a delivery perspective. This acquisition will further enable GlobalLogic to augment Hitachi's strengths in Information Technology (IT), Operating Technology (OT), and Products, and accelerate its growth helping expand the Lumada business. About Fortech: Fortech (www.fortech.ro) is a software services company headquartered in Cluj-Napoca, Romania. It also holds engineering hubs in Oradea, Iasi, and Brasov. With a workforce of 1,100+ people, Fortech’s technical expertise spans a variety of sectors, from automotive and financial to healthcare and more. Fortech covers the end-to-end software lifecycle development to deliver the innovation, scalability, quality, and speed needed by its clients. The company’s approach to software engineering combines strong technology and process know-how, Agile delivery methods, and a blend of code quality practices and metrics refined throughout two decades of operation. Since 2003, more than two hundred brands have chosen Fortech as their software engineering partner. About GlobalLogic: GlobalLogic is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise – we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business.

Read More

CONSTRUCTION

UCS Secures Multi-Million Cash Advance for West Coast Construction Company

West Coast Construction | November 28, 2022

United Capital Source helped secure one merchant cash advance totaling $9 million for a west coast construction company. The 32-year-old company will use the funds for a government contract it was awarded for the renovation of two city schools. After receiving the award for the construction contract, the company came to UCS looking for a subordinated line to its current lender. UCS, an online marketplace, worked quickly with the company’s lender and the funder’s legal teams on the language needed in the subordination agreement. The total time to fund the advance was four and a half days. UCS helped to structure the exact deal required within the timeframe necessary so the company could take advantage of the opportunity they had despite this being unconventional funding. The construction company received an immediate cash advance of $6 million, with another $3 million becoming available in twenty days when the second part of their project starts. The merchant cash advance structure is an estimated 12-month deal that includes aggressive prepayment options from three to six months. “This is another example of how our marketplace works. We have partnered with best-in-class lenders and funders who can operate quickly and efficiently across multiple products offering the best rates and terms available. Danielle handled most of the deal, and she worked for 4 days straight assisting the legal teams and working back and forth between all parties getting the deal to the finish line in time for the clients.” -Jared Weitz UCS. The structure of the loan is intended to serve as bridge financing, and that’s exactly how the construction company will use it. UCS VP of Sales Danielle Rivelli handled the deal from start to finish. Danielle’s dedicated service and unique financing structure highlighted UCS’s ability to find business financing options that work for their clients. The construction company acquired the funds to take advantage of the government contract opportunity. United Capital Source, Inc: Is a lending marketplace geared towards driving small business growth. .

Read More

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