Dodge Construction Network | March 11, 2022
Dodge Construction Network, in partnership with LiftMaster® today released a new SmartMarket Brief entitled The Connected Warehouse that focuses on the rapidly growing market for sophisticated and technologically connected warehouse/distribution centers in the US.
Dodge is currently forecasting $53 billion of construction starts in the US warehouse/distribution center market in 2022, up 1400% since 2010 and representing over one-third (36%) of the entire US commercial construction sector this year.
Driven by strong consumer demand in the economy and the explosion of e-commerce retailing, these facilities are deploying sophisticated technologies to optimize performance and respond to changing demands. In addition, they are round-the-clock workplaces for a growing number of employees and require increasing levels of energy, security and safety management.
Based on a survey of several hundred industry professionals who create these facilities, the report addresses investment drivers, locational trends, deployment of connected technologies, worker safety and amenities, sustainability initiatives and ways in which design and construction are adapting to support these dynamic needs.
"LiftMaster is pleased to work with Dodge on this important research," said Jenny Lytle, General Manager, Commercial Emerging Business. "Managing a warehouse with multiple access points and loading docks can be a stressful and demanding job; any inefficiencies can result in increased expenses or safety issues. LiftMaster has installed connected gates, doors, and docks and myQ Facility and Dock Management software within warehouse/distribution centers across the United States. We have seen firsthand how our cloud-based solutions have provided warehouse managers with an easier way to monitor warehouse doors and docks and collect real-time insight around daily operations, enabling them to make smarter, data-driven decisions."
"We hope that sharing these key findings across the industry will accelerate the advancement of these critical facilities and provide a baseline for future studies to track progress,” added Lytle.
Key findings include:
Investments are driven by the need for flexibility to accommodate higher volumes and changing business models. Fluctuating demand, rapidly changing product lines and evolving business models such as On-Demand Warehousing are driving the need to invest in retrofits and new projects.
Facilities are increasingly close to urban centers. All regions of the country report increases in the percentage of projects located in or near urban centers to support rapid delivery expectations from consumers.
Connected automation systems are proliferating at loading docks. 77% of respondents report automation of operational and handling processes at loading docks on their recent projects, with as many as 88% citing use of one of the four specific systems studied.
Connected technology systems are being deployed facility wide. In addition to the widespread automation of operational and handling processes throughout these facilities, between 60% and 82% of respondents report installation of data-capturing smart controls, A/V and light communications, and security and access control/tracking systems on their recent projects.
Worker amenities and safety are increasingly important, especially in a tight labor market. All regions report increases in a wide variety of employee amenities and 88% of respondents say owners place a high priority on employee safety when planning their facilities.
Over two-thirds of owners (68%) are interested in creating zero-carbon facilities. Sustainability is important, with high percentages of owners interested in minimizing both energy use and operational waste in their facilities as well as creating zero-carbon buildings. Many are also seeking LEED certification and incorporating a wide variety of green products and materials.
Technology is being applied to the design and construction process. Respondents report using technologies such as BIM (building information modeling), software to model energy use and software to simulate operations in the facility to be built during the design and construction process. Many studies by Dodge show that these tools can help to accelerate project delivery, control costs and achieve quality goals, so similar results can be expected in this sector as well.
"Warehouses were once seen as a quiet backwater in the overall commercial construction sector," says Steve Jones, Senior Director of Industry Insights at Dodge Construction Network. "But the market has literally exploded in the past few years, and these facilities are becoming increasingly complex and sophisticated. We are glad to have the opportunity to explore this in depth and hope the report raises industry awareness and expertise around these important elements of our economy."
The report also features an extensive interview with Tripp Eskridge, Managing Director of Project Management from CBRE who brings a unique perspective from more than 30 years of experience managing the design and construction process for industrial facilities such as these.
The SmartMarket Brief that contains the full findings of the study and the interview can be downloaded for free here.
About Dodge Construction Network: Dodge Construction Network leverages an unmatched offering of data, analytics, and industry-spanning relationships to generate the most powerful source of information, knowledge, insights, and connections in the commercial construction industry. The company powers four longstanding and trusted industry solutions—Dodge Data & Analytics, The Blue Book Network, Sweets, and IMS—to connect the dots across the entire commercial construction ecosystem. Together, these solutions provide clear and actionable opportunities for both small teams and enterprise firms. Purpose-built to streamline the complicated, Dodge Construction Network ensures that construction professionals have the information they need to build successful businesses and thriving communities. With over a century of industry experience, Dodge Construction Network is the catalyst for modern commercial construction.
About LiftMaster: LiftMaster is the number one brand of professionally installed residential garage door openers, as well as a leading manufacturer of commercial door operators, residential and commercial gate operators, telephone entry systems and related access control products. Driven by the access and security needs of the marketplace, LiftMaster’s expansive line of state-of-the-art residential and commercial products are designed to fit any lifestyle or application, providing the latest technology and innovations in safety, security and convenience.
Gretel | February 02, 2022
Gretel announced the general availability of its privacy engineering APIs and services. Gretel’s comprehensive offering enables users to classify, transform and generate the industry's highest-quality synthetic data. Combined, these capabilities remove privacy bottlenecks for a myriad of development and workflow processes that prevent data sharing and stifle innovation.
A free plan for developers is available to anyone who wants to get started, and usage-based options are available for larger projects and teams.Gretel has tested its products in an open beta program for over a year, and incorporated improvements to its toolkit based on feedback from more than 60 enterprise engagements, its community of thousands of users, and open source users who have downloaded their SDK over 70,000 times.
“We’ve built a privacy toolkit that’s accessible to all developers, and scalable to any enterprise-ready project. With Gretel, anyone can classify, anonymize, and synthesize data that’s privacy-proven and highly accurate in just a few clicks, Gretel’s advanced privacy guarantees also give users complete control to adjust data privacy levels, based on their project needs, and guard synthetic data against adversarial attacks.”
-Gretel CEO and co-founder Ali Golshan.
Today, working with data is… hard. Gretel is making it easier. By building flexible, secure, and easy to deploy tools to support data-driven developers, Gretel will open a world of progress across industries, said Max Wessel, Executive Vice President & Chief Learning Officer at SAP.
Gretel has been working with teams and organizations across industries including healthcare, life sciences, finance, and gaming. Some of their recent work includes creating synthetic genomic data and synthetic time-series banking data. The broad interest in Gretel’s privacy engineering tools is not a surprising trend and is supported by analysts’ forecasts that by 2030, synthetic data will completely overshadow real data in AI models.
Gretel is committed to fostering a culture of trust, transparency, and shared knowledge with the public and developer community. They continue to open source their core synthetic data technology and research as well as offer free access to its tools through its Developer tier.
Advanced Privacy Engineering Made Accessible
With Gretel’s all-in-one privacy stack, developers everywhere can streamline workflows, and access advanced privacy engineering tools to easily
Create highly accurate, privacy-proven synthetic data
Seed pre-production systems with safe, statistically accurate datasets
Identify and remove sensitive data to reduce PII-related risks
Augment and de-bias datasets to train ML/AI models fairly
Anonymize sensitive data in real time, for data at scale
“Asking data-driven developers to exchange real-world data for synthetics requires they not only have a deep dedication to privacy, but also access to simple, intuitive solutions that return value immediately. Gretel provides all of the above and helps simplify privacy engineering,”
-Chris Hymes, the VP of Information Security, Data Privacy and Enterprise IT at Riot Games.
Gretel is also previewing its AWS S3 connector for its toolkit, and anyone interested in it can contact Gretel directly. For more information about Gretel’s toolkit, see their product overview or visit http://gretel.ai.
Gretel pioneered Privacy Engineering as a Service and a comprehensive toolkit for generating high-quality synthetic data. Their platform offers easy-to-use APIs, an open-source AI-based core that’s available for free to all developers and individuals getting started, and flexible pay-as-you-go options for production-ready projects as they scale. Gretel’s services can be used through its SaaS cloud offering or CLI for local environments.Gretel is hiring for positions throughout the company. Check out their careers page for a full list of job openings.
JS Global | April 21, 2022
Based in metro Washington D.C., Atlantic Design Group (“ADG”) is a design and build firm focused on providing Federal government agencies and commercial customers a highly integrated suite of architecture, engineering, and construction services. ADG primarily serves Federal agencies by providing safeguarding, repair, and maintenance services both domestically and internationally. In acquiring Atlantic Design Group, JS Global is partnering with industry veterans Thanh Pham, Cheryl Stevens, and Craig Moyer who will remain in their leadership roles following the acquisition.
Elie Azar, Managing Director of White Wolf, noted, “We are excited to welcome Atlantic Design Group to the JS Global family. The transaction is highly strategic for both JS Global and Atlantic Design Group as we look forward to providing our combined client base with a more competitive and compelling service offering.”
“We look forward to leveraging ADG’s leading design capabilities across the platform to better serve our clients. Additionally, ADG’s long-standing track record of overseas work with Federal agencies will help enable JS Global to bring its AT/FP services to clients across the globe.”
Joe Simpson, President and Co-Founder of JS Global
Thanh Pham, President and Co-Founder of Atlantic Design Group, added, “We’re thrilled to be joining the JS Global and White Wolf family. As we’ve gotten to know Joe and his team, it’s clear there is incredible alignment in the way we operate and we can’t wait to combine efforts and build our shared vision together.”
About Atlantic Design Group
Atlantic Design Group is metro Washington D.C. based architecture, engineering, and construction firm focused on highly integrated contemporary design for Federal government and commercial projects. ADG is a true design and construction firm focused on locations both domestically and internationally, allowing ADG to be a "one-stop-shop" for clients while offering streamlined channels of communication, efficient design, and shortened periods of performance. ADG's design services include planning, architecture, interior design, civil, structural, MEP, and AT/FP engineering.
About JS Global
JS Global is a Maryland-based government services contractor specializing in the design and build of anti-terrorism and force protection systems. The Company’s core competencies include providing specialty hardened windows, doors and systems designed to minimize the impact of damage to a building’s structural, electrical, and mechanical components during an attack. Capabilities also include construction of Sensitive Compartmented Information Facilities (“SCIFs”) and systems designed to allow building occupants to “shelter in place” during any potential type of threat. JS Global’s staff includes a variety of project managers, electricians, carpenters, and various other highly skilled tradesmen.
About White Wolf
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. White Wolf seeks both private equity and private credit investment opportunities in companies that are headquartered in North America with $20 million to $200 million in revenues and up to $20 million in EBITDA (smaller for add-ons). Preferred industries include manufacturing, business services, information technology, security, aerospace and defense.
AdvisorEngine | January 20, 2022
AdvisorEngine®, the financial experience company and provider of client relationship management (CRM) and portfolio management technology, announced the transformation of Junxure CRM. This transformation delivers an entirely new technology foundation and enhanced productivity capabilities. Reflecting these advancements, the product is now called AdvisorEngine CRM
“This is a key milestone moment for our clients and our team,We’ve gone through a true product transformation by developing a new technical architecture, designing an entirely reimagined user experience and adding important new capabilities to drive advisory firm growth and productivity.”
-AdvisorEngine CEO Rich Cancro.
All CRM clients have received access to the enhanced experience and will continue to benefit from best-in-industry support and training. Consistent with AdvisorEngine’s open-architecture approach to serving financial advisors, the upgraded CRM will continue to be offered as a standalone product, priced per user.
AdvisorEngine CRM is built for investment advisory firms that provide high-end client service. A key differentiator is its powerful purpose-built functionality that can be used out-of-the-box or customized to meet a firm’s specific needs around data, process and user administration.
You don’t need a cadre of consultants to be successful using AdvisorEngine CRM,” Cancro said. “Our highly configurable CRM platform is designed for easy adoption by various roles in an advisor’s practice including principals, operations and client support staff without incurring one-time and ongoing technology consulting fees.
New features of AdvisorEngine CRM announced today include:
Personalization. Powerful, easy-to-use configuration is available at both the individual user and firm levels. Simple to use, ‘drag-and-drop’ editing is among many capabilities that gives users the flexibility to organize their data experience, create workflows and support their client service segmentation strategy.
Prospecting Tools. An easy online form builder turns website visitors into prospects. Web Forms can be created in a few simple steps without any coding expertise. Submissions are automatically captured by the CRM, saving time by eliminating manual data entry.
Client Profile. The CRM’s most heavily used area has been fully reimagined to benefit light adopters and power users. Client information is surfaced in a clean, actionable format. Users save valuable time by using new direct editing capabilities that eliminate the need for multiple clicks into secondary screens.
Activity Feed and Alerts. The feed delivers a new consolidated streaming view of important operational activities relevant to each user in real time. Enhanced reminders with expiration dates allow for automated cleanup of past tasks.
Modern Technical Architecture and Design System. A reengineered software architecture improves system performance, so pages load up to 10x faster. It also allows AdvisorEngine developers to innovate and add new CRM features more rapidly. Updated navigation, pages, fonts and color schemes provide users a modern experience.
Wealth management workflows are a standout capability for AdvisorEngine CRM. George Tamer, AdvisorEngine Head of Sales, has observed an increasing focus on building automated workflows during his regular strategic reviews with RIAs. “The modern advisory practice starts with the ability to organize your data and act on it. As firms grow, systematizing business processes through workflows becomes essential to ensuring consistent client care,” Tamer said.
In 2018, the AdvisorEngine team embarked on a multi-year strategic initiative to modernize Junxure CRM. The first stage focused on infrastructure upgrades, including security and application hosting. The second stage brought deeper integrations with key existing third parties and added several new fintech and custodian integrations. The third stage is bringing the CRM in line with the company’s product ideals: personal, scientific and beautiful.
“Today’s announcement reflects four years of hard work coming to fruition,The AdvisorEngine team has taken a deliberate, thoughtful approach to evolve the product. By working closely with our clients, we gathered and acted on thousands of points of feedback.
-AdvisorEngine Chief Operating Officer Craig Ramsey.
Since the product’s origins in 1999, Junxure CRM has always had a reputation for being advisor-centric, purpose-built software,” Ramsey continued. “It is rewarding to continue that strong legacy and infuse it with new innovation. We are proud to harness the best of Junxure and move it forward as AdvisorEngine CRM.
AdvisorEngine powers financial advice that is personal, scientific, and beautiful. Its wealth management technology platform uses smart automation to modernize the advisor experience (AX), the business operations experience (BX), and the client experience (CX). Capabilities include CRM, prospect engagement tools, paperless client onboarding, account aggregation, goals-based financial planning tools, model portfolios tools, portfolio construction analytics, compliance tools, performance reporting, and fee billing.AdvisorEngine is a wholly owned subsidiary of Franklin Resources, Inc. [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries.
Based in New York, NY, and Raleigh, NC, the AdvisorEngine team strives to fulfill six ideals through their work: camaraderie, clarity, curiosity, creativity, crushing it, and celebration. For more information, please visit advisorengine.com and follow us on LinkedIn, Twitter and Facebook.
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and over $1.5 trillion in assets under management as of December 31, 2021. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.