5 key nuclear technologies that engineers are trying to make smaller

IMechE | January 09, 2019

As the world seeks to limit the effects of climate change, engineers are racing to build small modular reactors and provide a vital boost to nuclear energy. Here are five of the technologies that engineers are trying to shrink.
Light-water reactors (LWRs) are the Toyotas of the nuclear fission industry. Tried, tested and reliable, they make up 80% of large-scale nuclear power plants around the world. Of the 55-odd reactors under construction, 49 are based on this technology.
LWRs rely on fissile chain reactions, with elements such as uranium and plutonium split apart to create heat, boil water, generate steam and turn turbines. Some compare it to boiling a kettle, but with nuclear reactions instead of electricity.

Spotlight

The global competitive landscape for manufacturing is squeezing everyone-from the Tier 1 automotive companies to electronics goods manufacturers. It is shortening the required time to market and with little warning. This high-pressure environment requires high productivity from its players resulting in either doing things faster and leaner without compromising quality or giving the game away to a hungrier competitor who is willing to do whatever it takes.

Spotlight

The global competitive landscape for manufacturing is squeezing everyone-from the Tier 1 automotive companies to electronics goods manufacturers. It is shortening the required time to market and with little warning. This high-pressure environment requires high productivity from its players resulting in either doing things faster and leaner without compromising quality or giving the game away to a hungrier competitor who is willing to do whatever it takes.

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CONSTRUCTION

Bectran’s Suite of Construction Job Sheet API Solutions will Further Support and Streamline Information

Bectran | November 11, 2022

Bectran, Inc., an industry leader providing cutting-edge credit, collections and accounts receivable automation software, has released a suite of API solutions to streamline the data transfer process between sales and credit departments when initiating or documenting construction job sheets, allowing for clearer oversight of information all in one central system. With this API suite, we have eliminated the need for sales professionals to leave their CRM in order to create, initiate, link or store construction job sheets in Bectran for the credit department’s review. These APIs will not require your sales team to have to learn a new system to keep work flowing from department to department. The enhanced construction job sheet APIs are designed to facilitate a simplified data transmission process between the Bectran platform and your current CRM, streamlining interdepartmental communication while maintaining consistent and accurate data. In the past, the construction job sheet initiation and documentation process involved the constant interchange of information between different applications, software or systems within the credit and sales teams. Companies without technology to supplement the data collection had it even worse, often requiring the manual input of data into multiple systems, which significantly heightened the probability of error. It was also an extremely time-intensive process, resulting in delays and, subsequently, dissatisfied customers. This combination of unhappy customers and overworked, burned-out teams only leads to further friction between departments and lost sales. More importantly, growing your company becomes nearly impossible because this redundant, repetitive, time-intensive process is difficult to maintain accurately at scale. That is precisely where Bectran identified a need for improved efficiency and established APIs so that sales teams no longer need to abandon your current CRM to initiate or store construction job sheets. Bectran makes it simple to capture existing project information and combine it with new data, all while remaining within your own CRM. These APIs can be called from the system that your sales team presently lives within for secure and instantaneous transmission of job data to the Bectran platform. “We recognized the need to have complete oversight of construction job sheet information in one system and the ever-present need for those processes to continue operating smoothly at scale. These APIs will improve the efficiency of your own existing workflow without having to become proficient in the intricacies of a new application.” -Louis Ifeguni, CEO of Bectran. Overall, these APIs will help facilitate more seamless interdepartmental communication while saving your teams time and resources to focus on more strategic business initiatives. The construction job sheet API suite is now available to our customers. To start using these APIs, please contact your product services specialist. About Bectran, Inc: Since its inception in 2010, Bectran has pioneered affordable credit management and accounts receivable automation solutions for all sizes of organizations. Bectran’s SaaS solutions — credit, collections and accounts receivable — provide seamless user experiences across various industries and empower users with robust credit evaluation services, putting you in control of your financial health. Our dedication to improving the efficiency of the order-to-cash cycle has helped companies cut down the time to process and approve credit by over 90% while significantly lowering the risk of default.

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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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CONSTRUCTION

Hexagon expands its Smart Digital Reality[TM] capabilities across the construction sector with the acquisition of iConstruct

Hexagon | September 02, 2022

Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced the acquisition of iConstruct Pty Ltd, a provider of award-winning Building Information Modelling (BIM) software used in commercial, infrastructure and industrial construction. Its flagship solution, iConstruct Pro, is a proven construction automation tool with hundreds of global customers that have relied on its benefits for years. It enables integration, accessibility and control of the wealth of design and construction information held within different BIM models, combining all data into a single 3D model. Different stakeholders can filter and tailor the model to suit their specific needs, providing a fully-integrated and efficient approach to construction planning and execution. "Hexagon has long been focused on creating smart digital realities that put data to work in new ways. By blurring the lines between the digital and physical worlds, we can offer customers a complete line of sight to ever-changing situations, Not only does iConstruct add an easy-to-deploy solution for combining different design models into a single source but it also enables the reading, writing and exchange of information all the way through operations and maintenance, passing the value of the single 3D model from design and construction to facilities management, The addition of iConstruct's offerings and expertise opens up immediate opportunities for our Asset Lifecycle Intelligence and Geosystems divisions. With iConstruct both can deliver greater data management, project planning and communication efficiencies to more customers, segments and disciplines involved in the construction process, In addition, iConstruct's customer base will benefit from richer content and improved work processes when combining Hexagon's industry-leading construction automation solutions with iConstruct's tools." -Ola Rollén President and CEO, Hexagon. Founded in 2009 with headquarters in Perth, Australia, iConstruct will operate as part of Hexagon's Asset Lifecycle Intelligence division. The acquisition has no significant impact on Hexagon's earnings.

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