Sustainability is key to digital transformation of the environment

PBC Today | February 28, 2020

Sustainability is a key driver to digital transformation in the environment. Alexandra Bolton, executive director of the Centre for Digital Built Britain CDBB and a member of the Construction Innovation Hub senior management team, considers the challenge, the opportunity and the potential prize. Addressing the challenges of the climate emergency is a pressing agenda for us all. The 2018 UN Intergovernmental Panel on Climate Change IPCC Special Report brought focus to the urgent need to keep global warming to a maximum of 1.5ºC – and the terrible consequences for millions of people around the world if this is exceeded. Global leaders have rightly moved sustainability to the top of their agenda. Any one person or organisation can make a difference, but together we can make an even bigger impact. That is why the UK government’s legally binding commitment to achieving net-zero emissions by 2050 will require collaboration. Across the construction industry, the challenges are many and complex, and they can only be solved through wide-reaching collaboration. The information management and emerging tools and technologies championed by the Construction Innovation Hub, of which CDBB is a core partner, give the construction and infrastructure sectors tools to address its significant carbon footprint today.

Spotlight

Despite advances in technology, insurers still rely on manual tasks for processing claims, underwriting applications, and other core business processes. Nearly half of U.S. insurers still rely on manual processes. The top or #1 efficiency challenge of CFOs is manual processes. 22% of an employee’s time is spent on repetitive tasks.

Spotlight

Despite advances in technology, insurers still rely on manual tasks for processing claims, underwriting applications, and other core business processes. Nearly half of U.S. insurers still rely on manual processes. The top or #1 efficiency challenge of CFOs is manual processes. 22% of an employee’s time is spent on repetitive tasks.

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Trimble and HP Collaborate to Explore the Use of Robotic Technology for Autonomous Indoor Construction Layout

Trimble | November 09, 2022

Trimble (NASDAQ: TRMB) and HP are collaborating on the integration of Trimble's latest robotic total station with HP's new SitePrint robotic layout solution. The solution focuses on transforming the layout process for indoor construction projects. The construction industry faces a variety of challenges including the shortage of skilled workers and productivity. HP and Trimble can address these challenges with an integration of HP SitePrint and the recently introduced Trimble® Ri total station. The integrated solution can deliver an autonomous layout workflow that empowers efficiency and productivity on the job, while delivering layouts faster than traditional methods. Augmenting the contractors' work, SitePrint can avoid obstacles and print lines and complex objects with pinpoint accuracy and consistent repeatability. In addition, text printing capabilities bring additional data from the digital model to the construction site to prevent errors. Using optical technology, the precise positioning and navigation of HP SitePrint robot is driven by the Trimble Ri total station. Equipped with automatic level detection, self-calibration, and Trimble VISION™ technology for advanced tracking, the Trimble Ri enables the HP SitePrint robot to achieve autonomous, high-accuracy indoor layout work. "The integration of Trimble Ri and HP SitePrint can transform the layout process on complex construction sites with pinpoint accuracy, and in a fraction of the time, This is an opportunity for layout contractors to improve accuracy and productivity and handle more projects with the same size of team." -Aviad Almagor, vice president of Technology Innovation, Trimble. Technology adoption and increased digitization can help construction firms bridge this productivity gap, said Daniel Martínez, vice president and general manager, HP Large Format Printing. HP has played a key role in bridging digital and physical worlds with print solutions for architects and engineers over the last thirty years. With the integration between HP SitePrint and Trimble Ri, we can make it easier than ever for layout professionals to bring an idea to life on site, while also enabling increased digitization of the construction industry as a whole. About HP: HP Inc. is a technology company that believes one thoughtful idea has the power to change the world. Its product and service portfolio of personal systems, printers, and 3D printing solutions helps bring these ideas to life. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

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Haskell's Dysruptek Makes Strategic Investment in Rhumbix

The Haskell Company | October 12, 2022

Rhumbix, the leading Construction Time & Resource Management platform helping top Commercial, Government, and Industrial contractors to track time, labor, equipment, and material utilization; announced a strategic investment from Dysruptek, the innovation and technology investment arm of the Architecture, Engineering and Construction (AEC) firm The Haskell Company. "The construction sector is facing significant headwinds in the form of labor shortages and supply chain volatility, and it's more important than ever to track and manage a company's most critical and costly resources–its labor, equipment, and materials. The Rhumbix platform helps contractors improve how they measure and manage the ROI of their human capital and equipment and material utilization, By focusing on the critical factors that affect jobsite performance, firms can gain better control over their projects and, ultimately, their bottom lines. We are fortunate to partner with innovators like Dysruptek, who share our commitment to advancing the construction and field service industries." -Zach Scheel, Co-Founder and CEO Rhumbix. Dysruptek's investment will be used to continue building out additional features and functionality in the Rhumbix platform, as well as to support the company's future growth. Rhumbix recently released its Data Explorer add-on, a no-code analytics tool that empowers customers with the ability to build and customize reports and dashboards that answer critical business questions with data and insights. "Rhumbix's focus on the field workforce has been evident since their inception, Their field-first approach to construction technology has been a strategic advantage that has paid off in terms of overall adoption and growth where it counts most, at the worker's level." -Cutler Knupp, Managing Director for Dysruptek. Founded in 2014 by Navy veterans with deep experience in the construction industry, Rhumbix's technology is the first to close the gap between the field-level workforce and management in the home office by providing readily accessible performance metrics for all project stakeholders. Rhumbix continues to drive innovation in construction technology through their time and materials management platform, said Hamzah Shanbari, Director of Innovation for The Haskell Company. By measuring current project performance across labor, materials, and equipment utilization, the industry can inform future business decisions to make construction work higher quality, safer, and more efficient. About Rhumbix: Rhumbix Time & Resource Management captures and connects your labor, equipment, and materials time utilization to save time and unlock new insights into productivity. About Dysruptek: Dysruptek identifies strategic investments in early stage technology companies with solutions to address the major challenges facing the AEC industry.

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Helios Technologies Signs Definitive Agreement to Acquire Daman Products

Daman Products Company | September 08, 2022

Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has entered into a definitive agreement to acquire the assets of Daman Products Company “Daman”. Founded in 1976, Daman is headquartered in Mishawaka, Indiana and is a recognized leader in complex manifold design and manufacturing for precision hydraulic manifolds and related fluid conveyance products. Daman products are used in numerous hydraulics applications for industrial and mobile markets including applications in the oil and gas, railroad, construction, agriculture, forestry, mining, material handling, machine tool, robotics, and entertainment industries. Daman is a highly recognized brand with a quality reputation, has leading market share in the standard manifold niche market segment, as well as in custom designed integrated solutions. Sun Hydraulics, a Helios company, and Daman have collaborated for years to create solutions that address customers’ fluid power challenges. “Adding Daman onto our pure play Hydraulics platform is a clear demonstration of the continued progress we are making with our flywheel acquisition strategy. Daman has established, long-term relationships with a diversified customer base serving multiple end markets. They bring a differentiated value proposition through sophisticated inventory programs that reduce supply chain delays and enable rapid delivery. They also leverage a strong engineering team that works closely with customers and distributors to design custom tailored solutions for a breadth of applications as well as standard manifold designs. Daman is a critical supply channel partner that provides a notable combination of high-quality products with value-added engineering, inventory management, rapid prototyping, and assembly services. With over 300 years of combined experience resident in-house, we expect this acquisition to enhance Helios’ technologies through product integration, enabling further system sale opportunities, and diversification of end markets.” -Josef Matosevic, Helios’ President and Chief Executive Officer. About Daman Products: Founded in Mishawaka, IN in 1976, Daman is a leading designer and manufacturer of standard and custom precision hydraulic manifolds and other fluid conveyance products. Daman is centered on a culture of innovation with new technology and new machinery, and recognition of its highly valued employees and customers. Daman's hydraulic manifolds help power industrial and mobile equipment worldwide. Distributors throughout North America trust Daman’s proven technology and innovative design to deliver standard components, while the company has expanded its custom engineering capabilities to become a leading, single-source, full-range manifold supplier. About Helios Technologies: Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine, health, and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997.

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