A slowdown in apartment construction? Cushman & Wakefield says it's so

Cushman & Wakefield | January 06, 2020

Developers have been in a race to add new multifamily units to cities across the country since 2015. But the latest research from Cushman & Wakefield suggests that this building boom is finally slowing. In a report released in December of last year, Cushman & Wakefield said that Class-A multifamily construction has peaked and is expected to now slow. The company said that Class-A deliveries fell 22 percent from the third quarter of 2017 to the third quarter of 2019. What’s behind the slowdown in new construction? Cushman & Wakefield cited rising construction costs, a lack of land in key markets, slowing rent growth and slower capital appreciation among multifamily assets. Looking back at the apartment construction boom, Cushman & Wakefield said that more than 68 percent of annual multifamily deliveries from 2015 through 2018 were Class-A properties. The company said, too, that just 10 U.S. markets accounted for 36 percent of all these deliveries from 2015 through 2018.

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As humans have evolved, so has our weaponry. Let's take a look at how warfare has progressed, and what the future may hold for militaries across the globe. There are many reasons to study history. You can pick anything of interest to you and study its history. Have an interest in warfare? Then you’ll definitely want to study its history to see how it has changed.

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As humans have evolved, so has our weaponry. Let's take a look at how warfare has progressed, and what the future may hold for militaries across the globe. There are many reasons to study history. You can pick anything of interest to you and study its history. Have an interest in warfare? Then you’ll definitely want to study its history to see how it has changed.

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PRODUCTS

Procore Announces New Innovation Connecting Construction with Mobile Personalization, Messaging and Investments in AI

Procore | September 27, 2021

Procore Technologies, Inc, a leading provider of construction management software, today announced the next wave of enhancements for a smarter and more connected platform. “For almost 20 years, Procore has been working to connect everyone in construction on a global platform, providing a single source of truth for customers around the world,We’re consistently innovating by connecting all of your people, workflows, data and tools, with a single user experience on mobile and web, from preconstruction to close out.” Tooey Courtemanche, Procore founder and CEO Procore Quick Capture Highlights Investment in Mobile, AI and ML Procore is bringing innovations to mobile that connect the field and office. With acquisitions of INDUS.AI and Avata Intelligence, Procore has invested in artificial intelligence (AI) and machine learning (ML) technology across its platform to help unlock the value of project data and drive efficiencies. Procore Quick Capture is voice-enabled input technology that will launch in 2022, automating and simplifying data entry in the field by “telling” Procore what it should enter. With Procore Quick Capture on the Punch tool, users will be able capture a video of punch items and simply talk to Procore. Through AI and ML, Procore will create the punch item, attach a photo, and even assign it to the appropriate trade. Early testing has shown that this new voice-enabled punch can cut down the time required to capture and log information in the field for reporting by at least 50%. Procore Conversations is Contextual Messaging for Construction Collaboration on projects starts with communication. Today, that communication is rigid and is fragmented across multiple channels, such as email, text, and third-party messaging solutions. Procore Conversations, available in pilot in the fourth quarter of 2021, brings intuitive, contextual messaging to Procore, saving time and integrating communication across channels. Conversations are organized, prioritized, and easily accessible on mobile and web. Critical updates, questions, and discussions will happen seamlessly across the office and field, and are contextual to the item being discussed, such as an RFI, Change Order, or Observation. “For the last 18 months, we met with customers and challenged ourselves to rethink how we innovate and improve the lives of everyone in construction,” said Wyatt Jenkins, SVP of product at Procore. “We are building solutions that connect the field and the office across mobile, leveraging AI, voice commands and messaging with Procore Conversations. On top of that, we are introducing the world’s largest online network of construction companies. It really feels like the beginning of the next chapter of construction technology.” New Mobile Home Experience Personalizes and Prioritizes Daily Work Procore is focused on creating unique experiences for every stakeholder in construction. That experience starts with mobile, where customers will have unique experiences based on who they are and their role in the construction project. The new mobile home experience, available in the fourth quarter of 2021, prioritizes daily work, with quick access to check in on progress, change status or create a new item - RFI, Observations, or Punch. It ensures when customers are in the field they have a complete view, so projects stay on schedule. Connecting Everyone in Construction with The Procore Construction Network Procore’s mission is to connect everyone in construction on a global platform. Currently in pilot, the Procore Construction Network is a free online business directory connecting general contractors, specialty contractors, owners, architects, engineers, suppliers, and vendors. With location-based search and advanced filters, customers will be able to use the Procore Construction Network to quickly find and connect with new construction partners. This will make it easier for construction professionals to expand their online presence, promote their businesses, and grow their networks. About Procore Procore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe.

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ROBOTICS AND AUTOMATION

Brasfield & Gorrie Elevates Construction Site Innovation Nationwide with XR, Drones and Robots by Standardizing on Aruba SD-Branch

Aruba | January 12, 2022

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced that Brasfield & Gorrie, one of the nation’s largest privately-held construction firms based in Birmingham, Alabama, is standardizing on an end-to-end Aruba SD-Branch network. The firm is deploying Aruba to connect its 19 permanent locations and up to 200 temporary construction sites that it maintains at any given time. This provides its employees high-performance connectivity to critical applications while cutting circuit spending 50% by utilizing direct internet access (DIA) versus multiprotocol label switching (MPLS).At modern construction sites – where data, streaming, IoT, and mobility play vital roles –Brasfield & Gorrie is delivering next-generation services that improve building integrity, increase efficiency and improve worker safety, while reducing costs, by deploying Aruba’s wired, wireless, SD-WAN and AI-powered management solutions. “Aruba enables us to continue providing our customers with the latest in construction innovation,Whether it’s virtual reality (VR) for an immersive project experience, drones for automating inspections or layout robots for precisely marking the placement of walls and mechanical systems, our network supplies high-performance connectivity to every site.” -Brad Hamilton, director of IT operations and infrastructure for Brasfield & Gorrie. Our new SD-Branch infrastructure supplies us with reliable, flexible and scalable connectivity at our branch offices and job sites, whether in a rural area, with little communications backbone, or a highly developed urban area with ample circuits, he added. After decades using Cisco routing, wired and wireless infrastructure, Brasfield & Gorrie sought to simplify and streamline its networks to save on costs and reduce the complexity that causes burdensome IT overhead. After piloting Aruba at one of its permanent branch offices, Brasfield & Gorrie decided to conduct a complete network refresh. For its SD-Branch solution, Brasfield & Gorrie has deployed wireless solutions including Aruba’s Wi-Fi 6 access points (APs) and high-performance branch gateways. On the wired side, the firm has implemented Aruba’s CX Series switches for the data center core along with access and aggregation switches. For management, Brasfield & Gorrie is leveraging Aruba Central for unified and proactive cloud-based AIOps, managements of APs, gateways and switches as well as User Experience Insight (UXI) for hard-wired or Wi-Fi incident detection using AIOps to pinpoint issues that require immediate attention. Aruba’s solution is more advanced in terms of improved throughputs and policy-based management innovations, which reduces costs for hardware and IT resources, Hamilton said. “Licensing is also significantly streamlined, adding considerable savings. Beyond deployment and licensing, Brasfield & Gorrie’s network has also proven more efficient to manage. “With Central and AIOps, we’re able to troubleshoot faster,” said Alex Gonzalez, network engineer. “In most instances we’ve saved 75% on troubleshooting time. Moving ahead, Brasfield & Gorrie looks forward to applying ongoing networking innovations that will help make construction processes more automated and intelligent. This includes considering Aruba’s NetEdit for streamlining switch management and Location Services for providing real-time analytics that enable data-driven initiatives. We’re excited about our Aruba partnership and the possibilities for the future,” Hamilton said. “From product innovation to technical support, Aruba solutions are just plain better all around. About Aruba, a Hewlett Packard Enterprise company Aruba, a Hewlett Packard Enterprise company, is the global leader in secure, intelligent edge-to-cloud networking solutions that use AI to automate the network, while harnessing data to drive powerful business outcomes. With Aruba ESP (Edge Services Platform) and as-a-service options, Aruba takes a cloud-native approach to helping customers meet their connectivity, security, and financial requirements across campus, branch, data center, and remote worker environments, covering all aspects of wired, wireless LAN, and wide area networking (WAN).To learn more, visit Aruba at www.arubanetworks.com. For real-time news updates, follow Aruba on Twitter and Facebook, and for the latest technical discussions on mobility and Aruba products, visit the Airheads Community at community.arubanetworks.com.

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Tata Elxsi awarded global services deal from Aesculap AG for medical device engineering

Tata Elxsi | October 28, 2020

Tata Elxsi, a global design and technology services company, announces the opening of a Global Engineering Center (GEC) with Aesculap AG, a subsidiary of B. Braun, one of the world´s leading manufacturers of medical devices and pharmaceutical products and services. Tata Elxsi has been selected as the global engineering services partner by Aesculap. The GEC is part of a strategic multi-year engagement in the field of engineering services. The GEC serves as a platform of talent and expertise for product design & engineering, regulatory support and clinical evaluation services. This center will be essential to accelerate innovation, drive the transformation and growth for Aesculap's medical business.

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