BIM Gives Smaller Contractors a Competitive Advantage

EC&M | January 16, 2020

Integrated building information modeling is key for effective information management and can help contractors move into the revenue-generating areas of modular construction and aftermarket services. It also represents an opportunity for smaller construction businesses to compete against industry leaders, whose legacy enterprise resource planning systems may not be able to keep up with the times. The objective of BIM is to provide better information management. However, the term can be misleading. It is not only applicable to buildings, but also used for industrial installations and infrastructure - giving project owners a structured set of data they can use to manage any built asset over its life cycle.

Spotlight

Mechanical engineering combines mathematics and scientific analysis with creative thinking to design and manufacture machines, technologies and systems. It plays an important role across a range of industries including aerospace, manufacturing, medicine, renewable energy and Formula 1.

Spotlight

Mechanical engineering combines mathematics and scientific analysis with creative thinking to design and manufacture machines, technologies and systems. It plays an important role across a range of industries including aerospace, manufacturing, medicine, renewable energy and Formula 1.

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CONSTRUCTION

Terex Announces Acquisition of Northern Ireland Steel Fabricator to Support Growth of Materials Processing

Terex | April 26, 2022

Terex announced that it had bought Steelweld, a company that makes heavy fabrications in Northern Ireland. Steelweld's acquisition bolsters Materials Processing's growth plan in Northern Ireland by expanding fabrication capabilities. "We are excited to welcome Steelweld's talented employees to the Terex team. Over the past 40 years, the company has built a highly skilled work force and has a valued reputation for high levels of quality and service," John L. Garrison, Jr., Terex Corporation Chairman and Chief Executive Officer Kieran Hegarty, Terex Materials Processing President, continued, "Steelweld's expertise in heavy fabrications will provide additional knowledge and talent to support the growth of Terex Materials Processing."

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ENGINEERING TECH

DCCM Acquires Coastland Civil Engineering

DCCM | December 06, 2021

Based in northern California, Coastland is known for providing civil engineering, construction management, and building department services to public agencies throughout the regions they serve. For 30 years, their projects have encompassed a wide variety of transportation, water, wastewater, drainage, financing assistance, and contract engineering for cities, counties, special districts, and other governmental agencies as well as for private clients and universities. In acquiring Coastland, DCCM is partnering with industry veteran John Wanger, PE, who will continue in his role as CEO of Coastland. “We’re thrilled to welcome Coastland into the DCCM family,With a shared vision of strategic growth, a commitment to developing and investing in staff, and an unrelenting focus on client service, this partnership provides both companies with a resilient and diversified platform, from which to navigate our ever-changing markets moving forward in our now expanded region serving the West Coast.” -James F. (Jim) Thompson, PE, DBIA, CEO of DCCM. With DCCM’s investment in our clients and our staff in the northern California region, this partnership is about growth and bringing new possibilities to our team and the clients we serve,” said John Wanger. “As DCCM's foundation in the West, we will continue to be that local firm our clients value but now with a more diverse set of capabilities, national support, and increased resources. “The acquisition of Coastland illustrates DCCM’s model of partnering with premier engineering firms in growing markets across the nation. Our geographic expansion into California truly makes DCCM a national firm and better positions the business to capitalize on infrastructure spend throughout the United States.” -Elie Azar, Managing Director of White Wolf About Coastland Civil Engineering Coastland provides civil engineering, construction management, and building safety services to public agencies spanning northern California. Since opening its doors in 1991, Coastland's projects have encompassed a wide variety of transportation, water, wastewater, drainage, flood control, and public facilities.For more information, please visit: http://www.coastlandcivil.com. About DCCM DCCM is a provider of design, consulting, and program & construction management professional services focusing on infrastructure marketplaces throughout the public and private sectors. Through a family of complementary brand companies, DCCM serves a variety of end markets while offering a national reach.DCCM is aggressively hiring key industry professionals in all disciplines and is actively seeking further acquisition opportunities throughout North America.For more information, please visit: http://www.dccm.com. About White Wolf Capital White Wolf is a private investment firm that began operations in late 2011 and is focused on management buyouts, recapitalizations and investments in leading middle market companies. In general, White Wolf seeks both private equity and private credit investment opportunities in companies that are headquartered in North America with $10 million to $200 million in revenues. Preferred industries include: manufacturing, business services, information technology, security, aerospace and defense, government services, and infrastructure services.For information, please visit: http://whitewolfcapital.com

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CONSTRUCTION

Deltek Releases the Trends and Benchmarks from its EMEA and APAC Deltek Clarity Architecture & Engineering Industry Study

Deltek | May 25, 2021

Deltek, the leading global provider of software and solutions for project-based businesses, has unveiled the 2nd annual Deltek Clarity industry study results for A&E firms within Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC) regions. The results, based on a survey of over 600 architecture and engineering firms, identify the key challenges impacting the industry, also highlighting bright spots and forecasting future trends. The Deltek study, conducted in collaboration with Longitude, majority-owned by the Financial Times Group, is a roadmap for firms to know the state of the A&E marketplace and provides detailed insight and analysis into financial management, business development, project management, human capital management, and technology trends. The 2021 report revealed that four out of 5 projects within the A&E industry were forced to pivot as a result of the global pandemic – yet most weathered the storm well. While 65% of firms struggled to deliver projects remotely, track projects, or manage dispersed resources, there's a silver lining: A&E organizations across EMEA and APAC now have a chance to emerge from the crisis stronger. Commenting on the research findings, Neil Davidson, Regional vice chairman of EMEA & APAC at Deltek, said, "COVID-19 had a widespread impact on the architecture and engineering industry across the U.K. However, we have seen some firms demonstrate how technology-led strategies have brought the adaptability and agility they have to emerge from the pandemic during a strong position. "U.K. firms have an unprecedented opportunity to create on the momentum for change. Our research reveals a desire for digital transformation as businesses seek to deal with the operational shortfalls that were uncovered over the last 12 months, but there's uncertainty about the simplest way forward. By making strategic technology investments, organizations can drive positive change to create on the chance in 2021 and beyond." Key insights during this year's report include: Emerging technologies: instead of one dominant technology, a variety of emerging technologies are seen as important including data science, big data, and machine learning, which all rise to the highest of the list this year, replacing the web of Things (IoT), geolocation and large data. Competition: handling industry competitors is predicted to stay a big challenge – it's the highest business challenge firms face within the next three years. Business analytics: Firms recognize the worth of technology and analytics to drive business development – it's the most-cited initiative to deal with business development challenges over the subsequent three years. Talent acquisition: Business leaders are setting their sights on new skills to compete within the crowded marketplace. About one in four shall hire additional business development staff over the subsequent three years. About Deltek Better software means better projects. Deltek is that the leading global provider of enterprise software and information solutions for project-based businesses. quite 30,000 organizations and many users in over 80 countries around the world believe Deltek for superior levels of project intelligence, management, and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue.

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