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Engineering Tech, Construction
Globenewswire | June 20, 2023
TranSystems Corp., a national transportation consulting firm that provides engineering, architectural, planning and construction solutions, acquires Whitney Bailey Cox & Magnani, LLC (WBCM), an engineering consulting firm delivering projects to public and private clients throughout the Mid-Atlantic region and across the U.S. Founded in 1977 and headquartered in Baltimore, Md., WBCM has grown to more than 225 employees and has nine offices across six states in the Eastern U.S...
Buildots | August 06, 2020
Buildots has secured $16m in funding to leverage the power of AI to track, analyse and provide actionable data for construction project teams.Large projects still rely on tedious manual record-taking by project managers who often keep track of hundreds of thousands of tasks and the progress of dozens of contractors.Productivity in the construction industry has plateaued with researchers estimating that 98% of megaprojects suffer cost overruns of more than 30% and 77% are late.B...
Construction Dive | February 27, 2020
A recent ransomware attack on Canadian contractor Bird Construction has once again highlighted the need for cybersecurity measures in the industry. Canadian media reports late last month said that the Ontario-based government contracting company was the victim of an incident that resulted in the encryption of company files. The incident caused no major impacts and the affected files were quickly restored, a company spokesperson said. Nevertheless, the issue raised red flags about national securi...
Automotive News | April 01, 2020
It is extraordinary for a technology to have the opportunities and disruption potential that autonomous vehicles will have over the next decades. Market opportunities worth trillions of dollars are forecast to emerge across transportation segments and different AV use cases. Tens of billions of dollars have been invested by high-tech companies, startups, auto manufacturers, their supply chains and many other companies-with more to come. To give perspective, the table below summarizes the potenti...
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