ENGINEERING TECH

ECOX Spruce Construction Secures License to Launch Green Infrastructure Operations

Eco Innovation Group | May 12, 2022

Eco Innovation Group
Eco Innovation Group, Inc. an innovative company developing green energy solutions, announces that ECOX Spruce Construction, Eco Innovation Group's California-based green construction subsidiary, has been issued an official General Contractor's License by the State of California (License no. 1091210).

According to the California Department of Consumer Affairs Contractors State License Board (CSLB) page, businesses and individuals who construct or alter any building, highway, road, parking facility, railroad, excavation, or other structure in California must be licensed to perform work. The license was issued on Friday, May 6, 2022. As previously communicated, ECOX Spruce Construction plans to focus primarily on Green Infrastructure projects.

"Obtaining a GC License is the initial step for our ECOX Spruce Construction subsidiary formed early this year, and it will allow us to expand operations in the rapidly growing Green Infrastructure space, Our focus on ecologically sustainable infrastructure is core to the ECOX business. Large chains such as Starbucks, for example, are actively building out locations in California to be resource positive, using solar infrastructure, additional efficiencies, and reclaimed wood construction. A growing number of major organizations are moving in the same direction."

Julia Otey-Raudes, CEO of Eco Innovation Group

The Company expects the trend toward ecologically sustainable construction to accelerate as fossil fuel prices soar and the ESG movement continues to put pressure from a financial direction on companies to transition to more sustainable infrastructure models.

The RE100 is a group of more than 360 companies worth more than $2.75 trillion in revenues that have pledged to fully transition to renewable energy. Starbucks is one of many participants in the group that has already achieved this milestone, along with Microsoft, Clif Bar & Company, and SAP.

Otey-Raudes continued, "We believe the trend toward green construction is only in its very early innings and has the potential to become one of the most powerful growth opportunities over coming years for the application of new capital and resources. Now that we have our GC License in California, we can aggressively attack this market opportunity with the objective of becoming one of its true leaders in the decade ahead."

ECOX Spruce Construction, Inc., was founded as a California corporation in January 2022. It is ECOX's second green construction subsidiary, following the 2021 establishment of the Company's Canadian construction company, Spruce Engineering and Construction of Alberta.

About Eco Innovation Group
Eco Innovation Group was founded by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders.

At ECOX, we are dedicated to developing and commercializing successful products. But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are.

Spotlight

Civil engineering is one of several prominent career fields for engineers. In this position, you design, develop and oversee construction of many types of buildings, roadways and infrastructure projects in communities. Civil engineers earn high pay and play an important role in community development. However, high-pressure projects are common and some civil engineers work over 40 hours a week.


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PERSPECTIVES,ENGINEERING TECH

Digital Engineering Growth Fuels Rush for Talent in Europe

ISG | June 30, 2022

Software is playing a growing role in reshaping engineering at European companies, causing a major upheaval in the digital engineering services market as providers scramble to hire more developers, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2022 ISG Provider Lens™ Digital Engineering Services report for Europe finds digital transformation has emerged later in Europe than in other regions but is now growing at a pace that is rapidly changing the market for engineering services. Providers from outside Europe are expanding their presence there, while European providers of traditional engineering services are trying to enter the digital market. “For many European companies involved in engineering, software is becoming a much more important part of their product and customer development strategy, Engineering services firms in Europe are teaming up with international providers to secure enough developers to meet the rising demand.” -Gaurav Gupta, partner and global head, digital engineering, at ISG. Several factors have slowed Europe’s adoption of digital engineering technologies and services, Midsize companies dominate most industries in the region and tend to favor in-house development. Some industries, including automotive and aerospace, turn to their close-knit supplier networks rather than to large service providers for engineering. And most European companies develop products so specialized that the internal mechanical, electronics and software teams need to work closely together, making extensive sourcing of engineering skills more difficult and complex. However, many industrial companies in the region are now motivated to undertake digital transformation, ISG says. Discrete industries are adopting automation because of high labor costs and increasing regulation, while also using new technologies to meet growing demand for highly customized products. In Europe’s process industries, massive enterprises with huge plants are implementing digital solutions to monitor, control and visualize all processes so their facilities can run for long periods of time without interruption. They are also adopting technologies to secure their assets from cyberattacks. Sustainability is part of most conversations, and enterprises are working quickly to align their digital engineering strategies with their sustainability commitments. As more customers demand digital services and direct access to manufacturers, companies in Europe and other regions are focused on creating digital customer experiences, the report says. An ecosystem of partners is emerging to make up for the lack of in-house expertise at many enterprises, creating a major opportunity for service providers. The 2022 ISG Provider Lens™ Digital Engineering Services report for Europe evaluates the capabilities of 41 providers across five quadrants: Design and Development, Connected & Intelligent Operations — Discrete Industries, Connected & Intelligent Operations — Process Industries, Integrated Customer/User Engagement and Experience, and Platforms and Application Services. The report names Accenture, Cognizant, HCL and Wipro as Leaders in all five quadrants. It names Capgemini, Infosys and TCS as Leaders in four quadrants each. The report names LTTS as a Leader in three quadrants and HARMAN Digital Transformation Services (DTS) as a Leader in two quadrants. AVL, Ferchau, FEV, IAV, Tech Mahindra and Zensar are named as Leaders in one quadrant each. In addition, Mphasis is named as a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in three quadrants. Cyient, GlobalLogic and Tech Mahindra are named as Rising Stars in one quadrant each. About ISG Provider Lens™ Research- The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. About ISG- ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.

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CONSTRUCTION

Foresite Technology Solutions Disrupts Construction Software Landscape with Release of SaaS Platform

Foresite | September 13, 2022

Foresite Technology Solutions, LLC (Foresite), announces today the release of its SaaS-based Construction Management Platform available starting today. The platform unifies team members across the building lifecycle, providing clients with the tools to establish benchmarks, monitor performance, and optimize results across all critical functions of the jobsite. Utilizing the Foresite platform, clients are now able to tackle previously unattainable outcomes such as the reduction of construction rework, elimination of trade dry runs, increase in worker productivity, and reduction of warranty spend. No longer challenged with navigating the maze of single solution applications and spreadsheet-based processes, the platform removes the IT burden, allowing clients to focus their attention on increasing revenue, gross margin, and brand value. "We are excited to release this game changing technology to the market and I am grateful for all the support from our team, our partners, and clients, This marks a critical milestone in our journey, our focus now turns to delivering amazing outcomes for our clients." -John Gillett, founder and CEO of Foresite. About Foresite: Foresite is an innovative and transformative construction platform built on 25 years of intellectual property and industry knowledge. The platform provides intelligent profitability management for field operations, serving builders, trade contractors, manufacturers, and insurers, in addition to unprecedented control over critical operational processes. Users access preconfigured content-based solutions such as ENERGY STAR, workforce efficiency and productivity, logistics, safety, quality control, and regulatory compliance, rapidly driving process optimization at the jobsite.

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CONSTRUCTION

NIBS Launches U.S. National BIM Program to Transform Construction Industry

NIBS | September 08, 2022

The National Institute of Building Sciences (NIBS) has developed an implementation and launch plan for the U.S. National Building Information Management (BIM) Program. The aim: To achieve a new level of industrial efficiency through digitalization. An overview of the launch plan recently was presented to industry leaders at an executive roundtable to accelerate ongoing efforts from innovative and forward-thinking organizations. A critical issue in the U.S. construction industry is its low level of digitalization, which prevents it from transforming lifecycle work processes to be more efficient, less expensive, more resilient, and safer to build and maintain. The U.S. National BIM Program expands upon existing and ongoing work of the NIBS BIM Council as well as various other initiatives in the industry. "Many national and international initiatives focus on BIM standardization to support digital transformation throughout the entire life cycle of designing, constructing, and operating the built environment, The U.S. National BIM Program will be successful through collaboration between the public and private sectors and across the diversity of project stakeholders, namely owners, designers, constructors, suppliers, vendors, and other involved parties." -Stephen T. Ayers, FAIA, Interim CEO of NIBS. To aid in the implementation and launch of the U.S. National BIM Program, AEC subject matter expert Johnny Fortune joined NIBS in June. Fortune serves as Director of the National BIM Program. Fortune said next steps include securing resources and establishing workgroups to operationalize different aspects of the plan. U.S. National BIM Program Background: NIBS began the planning process for the U.S. National BIM Program last year, meeting and working with industry leaders. Since then, many volunteers and NIBS staff members have worked to develop the implementation plan, which includes key activities and an estimated budget for the first five years. The construction industry employs more than seven million people to create or renovate nearly $1.4 trillion in buildings, infrastructure, and other built assets each year. But the industry has yet to enjoy the productivity improvements of the digital age, averaging only 1% productivity growth in the past 20 years. About the NIBS BIM Council: The BIM Council has focused on capturing the requirements of U.S. building owners to document best practices and provide guidance on the adoption of digital technology to increase productivity and performance. Examples include the United States National CAD Standard (NCS), National BIM Standard-United States (NBIMS-US), National BIM Guide for Owners (now a Draft Standard with ASHRAE), and Construction to Operations Building information exchange (COBie) Specification. About NIBS: National Institute of Building Sciences brings together labor and consumer interests, government representatives, regulatory agencies, and members of the building industry to identify and resolve problems and potential issues around the built environment. NIBS is a non-profit, non-governmental organization.

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CONSTRUCTION

Construction Partners, Inc. Announces North Carolina Greenfield

Construction Partners | August 23, 2022

Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has commenced operations at a new hot-mix asphalt plant site in Benson, North Carolina. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "The new Benson plant is a prototypical greenfield for us, whereby we expand into an adjacent market based on project opportunities and market dynamics. From Benson, we expect to be able to serve the fast-growing Johnston and Harnett County suburbs of the Triangle metro area of Raleigh-Durham. Consistent with our continued long-term growth strategy, greenfields such as this one in Benson are a key driver of organic growth and building shareholder value. We will continue to evaluate future investment opportunities that leverage our strong organizational footprint throughout the Southeast." About Construction Partners, Inc: Construction Partners, Inc. is a vertically integrated civil infrastructure company operating across five southeastern states. Supported by its hot-mix asphalt plants, aggregate facilities and liquid asphalt terminal, the company focuses on the construction, repair and maintenance of surface infrastructure. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges. The company also performs private sector projects that include paving and sitework for office and industrial parks, shopping centers, local businesses and residential developments.

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Spotlight

Civil engineering is one of several prominent career fields for engineers. In this position, you design, develop and oversee construction of many types of buildings, roadways and infrastructure projects in communities. Civil engineers earn high pay and play an important role in community development. However, high-pressure projects are common and some civil engineers work over 40 hours a week.

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