Engineering, technology institutes to create major opportunities

The higher education institutions in India have been going through a time tough due to the decrease in enrolments which has widened by 3.56% on yearly basis in FY18, compared to drop of 2.82% in FY17. This, in fact, led to the closure of 106 engineering institutions across India in the academic year 2017-18. Interestingly, despite the plunge in engineering enrolments, experts at India Rating believes, employment opportunities still high for those who complete engineering, technology, and related courses. Ind-Ra has given a stable outlook on the overall education sector for FY20 in view of a marginal increase in the number of educational institutions and enrolments in the K-12 segment.

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Construction

Introducing Standalone Takeoff Software by PlanHub: Simplifying preconstruction for everyone

PRWeb | September 01, 2023

PlanHub, the leading preconstruction software as a service (SaaS) company, is excited to announce that Takeoff Core, previously released as a cloud-based, integrated takeoff software built into PlanHub, is now also available as a standalone. Takeoff Core helps subcontractors perform takeoffs efficiently, eliminating the need for manual work, outdated desktop software, and complicated digital solutions. In preconstruction, time is money. The more time it takes to perform takeoffs and submit bids, the more subcontractors risk losing out on valuable revenue opportunities. Manual methods and locally installed desktop software can slow down takeoff processes, and many digital solutions currently on the market can be overly complex and not user-friendly. Takeoff Core relieves bottlenecks in the pre-construction workflow with automation that makes measuring and estimating faster and more accurate than traditional methods. It features a simple, user-friendly interface and intuitive measuring tools, so getting started is hassle-free. “We wanted to create an easy-to-use tool that helps subcontractors jumpstart their takeoff in minutes,” says Darius Shafie, Product Manager at PlanHub. “Takeoff Core does not require extensive onboarding or additional user training, so subcontractors can create takeoffs in as little as 15 minutes.” Accuracy is everything when it comes to takeoffs—manual takeoffs are more error-prone, and incorrect measurements can lead to insufficient (or excess) materials, costing difficulties, and lost project revenue. With Takeoff Core, subcontractors can modernize their takeoff process with a digital solution that helps mitigate risks by providing better takeoff accuracy than traditional pen and paper or outdated desktop solutions. Takeoff Core offers subcontractors a centralized hub to manage their takeoffs in a single place simply by uploading projects and their associated files. Team members can see takeoff statuses and collaborate in real time, regardless of where they are located. And because Takeoff Core is cloud-based, there is no software to upgrade or make manual updates to—it easily scales as a business achieves growth. "At PlanHub, our goal is to simplify preconstruction for everyone. Following overwhelming positive feedback from our subcontractor network using the new Takeoff Core, we are excited to make it available to all construction professionals, whether they have a contractor account with us or not. With Takeoff Core, we're giving contractors of all sizes powerful user-friendly tools to save time and work more efficiently," shares Ro Bhatia, CEO of PlanHub About PlanHub PlanHub is the data-driven platform transforming the preconstruction landscape within the construction industry. By empowering construction professionals with data insights and easy to use tools, PlanHub enables them to forge strong business relationships, streamline pre-construction processes, and make informed decisions effortlessly. PlanHub provides faster, simpler, and unmatched accuracy, laying a solid foundation for the rest of the construction process.https://planhub.com

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Engineering Tech

YOUNG & Associates Acquires IN-Line Consulting, LLC

YOUNG & ASSOCIATES | September 26, 2023

Property and claims consultants YOUNG & Associates (YA), has acquired the claims and engineering company IN-Line Consulting, LLC. Founded by Matt Watson and Mark Lively more than 16 years ago, IN-Line was formed to manage the consulting work offered by a full-service restoration company operating primarily in the Southeast United States. The move strengthens YA's footprint in that part of the country, solidifying the company's role as a national and international leader. IN-Line will operate as a subsidiary of YA and its day-to-day operations will continue to be directed by the existing IN-Line leadership team. The company's management and support teams also will remain in place. "This partnership with IN-Line is a significant step forward in growing our professional service offerings," said Wade Bushman, YA's CEO. "We appreciate IN-Line's diverse base of technical experts, exceptional customer service track record, shared cultural values, and employee-first workplace model. They are a natural addition to the YA team." IN-Line President Matt Watson explained joining forces with YA allows the company to better serve clients by broadening its resource base and expanding its capabilities nationally and internationally. The move also offers new avenues for personal and professional growth for IN-Line's employees. "Since our inception, we have focused on building a great team and culture that can best serve the wide-ranging needs of our clients," Watson said. "Now, with YA's resources and platform, we are well positioned to carry that commitment into the future." ABOUT YOUNG & ASSOCIATES YOUNG & Associates (www.youngonline.com) is a property consulting firm providing building damage assessments, forensic and investigative consulting services to the insurance industry, public and private sector clients. YA was founded in 1997 by Ray and Linda Young on the core values of knowledge, integrity, and professionalism. Through its 26 years, YA's range of property damage services has expanded, developing a broader client base, and growing the team to almost 600 staff strategically located across the U.S. and internationally. ABOUT IN-LINE CONSULTING, LLC IN-Line Consulting, LLC (www.inline.us) is a national construction consulting firm specializing in property damage restoration and reconstruction recommendations for all phases of construction. Historically, IN-Line has been engaged on large, complex losses which require the technical diversity, expertise, and experience unique to our team of professionals. IN-Line's principal services include the preparation of comprehensive and market-specific construction estimates, as well as detailed and practical scopes of reconstruction. IN-Line's other competencies include but are not limited to: cost of repair audits; on-site clerking; code reviews; construction schedule analysis; production efficiency and economy analysis; forensic engineering; and construction defect analysis.

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Construction

GC Powerhouse PCL Construction Chooses Industry-Leading STACK Construction Technologies as Its New Preconstruction Partner

Newswire | September 28, 2023

STACK Construction Technologies, a pioneering cloud-based construction platform, announced today a strategic partnership with PCL Construction, a globally renowned 8 billion-dollar in work per year General Contractor, to optimize PCL’s preconstruction process. PCL supports projects from small renovations to major sports complexes, and their team recognized a more powerful preconstruction solution was needed to support their continued growth and profitability. “As we broaden our capabilities and move further into the GC space, this partnership validates that STACK is a serious player in construction technology,” said Phil Ogilby, CEO and Co-Founder of STACK. “STACK is one of the most intuitive and collaborative preconstruction platforms in existence today. We’re thrilled to be able to offer STACK’s open API to help streamline the PCL workflow in a way that no other solutions on the market can.” The partnership is underscored by PCL and STACK’s commitment to innovation in the construction industry. After a rigorous evaluation of the market and multiple competitor software solutions, PCL chose STACK based on the platform’s data availability, cloud collaboration, data security, and integration capabilities. They are streamlining their preconstruction processes with STACK’s innovative and hyper-accurate takeoff feature to enhance their estimating capabilities. “As part of a modernization of our estimating solutions, experts within the PCL estimating team did a broad market scan for quantity takeoff solutions,” said Brad Ens, Preconstruction Manager for PCL Construction in Calgary, Alberta. “Our hands-on approach of evaluating several competing products included functional verification that ultimately led us to select STACK as our tool of choice for quantity takeoff.” By leveraging STACK's open API, PCL is able to seamlessly integrate their existing workflow to produce better estimating data. Through the cloud-based platform, PCL will have unparalleled flexibility and accessible data, increasing the precision of estimates, minimizing manual processes, and supporting better-informed decision-making. With over 30 offices across the US, Canada, Australia, and the Caribbean, STACK will also further empower PCL’s team collaboration. “A key decision criterion for PCL was based on the fact that STACK is built on a modern cloud technology platform which enables improved collaboration during the quantity takeoff process,” said Kevin Sundquist, Senior Relationship Manager, Business Technology at PCL Construction. “Equally important, STACK comes with a modern integration layer that allows us to realize efficiencies for our estimators by integrating takeoff into the rest of our estimating solution suite. This cloud-first approach aligns with our overall technology strategy, driving both technology and business efficiencies.” PCL is a powerhouse, consistently in Engineering News-Record’s Top 15 List and boasting a range of projects from San Diego Airport’s International Arrivals Terminal to Major League Soccer’s Los Angeles-based BMO stadium. The partnership between PCL and STACK marks the beginning of an exciting chapter for two of the most innovative companies in construction, where data-driven decision-making and digital solutions are poised to revolutionize preconstruction processes. As industry leaders, both organizations are committed to delivering outstanding results, setting new standards for advancement, and accelerating growth. “PCL has not only recognized us for our comprehensive, hyper-accurate takeoff solution, they’ve also recognized how we partner with them throughout the entire process,” said Raymond DeZenzo, CFO of STACK. “STACK is a true partner. We are dedicated to understanding the unique needs and challenges of each project undertaken by PCL and then tailoring development, training, and support to ensure that our solution seamlessly integrates into PCL's existing business process.” About STACK Construction Technologies From project evaluation to completion, contractors use STACK’s cloud-based software to help run their business and maximize their profits. Our preconstruction solutions enable fast and accurate takeoff and estimating, as well as providing a centralized hub where plans, specs, and other construction documents can be stored, evaluated, measured, and shared. Our construction solutions power real-time field and project collaboration by allowing teams to quickly and easily review, annotate, compare, and share plans, anywhere, from any device. STACK’s superior collaboration tools ultimately improve project outcomes and profitability for contractors. About PCL Construction PCL is a group of independent construction companies that carries out work across Canada, the United States, the Caribbean and in Australia. These diverse operations in the civil infrastructure, heavy industrial, and buildings markets are supported by a strategic presence in more than 30 major centers. Together, these companies have an annual construction volume of more than $8 billion, making PCL the largest contracting organization in Canada and one of the largest in North America. Watch us build at PCL.com.

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