SAFETY AND REGULATION,ENGINEERING TECH
Trimble | August 12, 2022
Trimble (NASDAQ: TRMB) introduced today data integrity monitoring for its precise point positioning (PPP) correction service, CenterPoint® RTX Fast. The Trimble RTX Integrity™ monitoring system is an innovative, patented solution, built in direct response to client requirements for production-ready applications. It continuously validates the reliability of correction data processed by the network, which is broadcast to users in the agriculture, geospatial, construction and automotive industries, ensuring positioning data is right the first time.
Through a unique two-step process, the Trimble RTX Integrity system verifies the integrity of GNSS data received from satellites and filters faulty information in the network server before the data is broadcast. A secondary post-broadcast check is conducted on the entire data transmission process where additional errors may be detected and removed. The integrity monitoring system is fully automated and reacts in seconds to detect, isolate and block faulty data to provide even more highly accurate and reliable positioning.
Trimble RTX Integrity is comprised of independent monitoring stations strategically positioned across RTX Fast networks in the United States, southern Canada and across Europe. These stations continuously monitor data output during multiple stages of the Trimble RTX positioning process. Any suspicious satellite data is removed during the integrity protection process and positioning is calculated using only validated data.
Trimble Alloy™ GNSS reference receivers power the independent monitoring stations using redundant internet connectivity for added reliability. To date, no other positioning network offers the same level of data integrity validation across such expansive, contiguous geographies.
Trimble RTX Integrity monitoring system was developed in accordance with Automotive Software Performance Improvement and Capability dEtermination (ASPICE) and ISO 26262 automotive safety standards, making it easy to integrate into major automotive manufacturers' autonomous driving systems. Trimble RTX Integrity can also be used by Trimble's customers in the agriculture, geospatial and construction industries to ensure correction stream integrity and reliability for applications such as machine control and high-accuracy surveying applications.
"Trimble remains committed to exceeding expectations by providing accurate corrections to our customers to support safety-critical and other day-to-day applications, Implementing additional checks and balances to ensure our data is authenticated, trustworthy and accurate is of paramount importance to maintaining the integrity of our RTX network and instilling confidence with our users that the data is correct."
-Patricia Boothe, SVP of autonomy, Trimble.
About Trimble Autonomy:
Trimble Autonomy delivers leading positioning and orientation technology to major industrial markets worldwide. This approach to autonomy is built on decades of engineering expertise, system intelligence and field-proven solutions, covering billions of acres and millions of miles. Trimble's autonomous technology enables advanced action in any environment, designed to meet the unique needs of our customers no matter where they are on their autonomy journey.
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.
Procore | September 21, 2022
In partnership with Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, FMI Corp. released the results of The State of Global Preconstruction Report. This report discusses the current environment for preconstruction and the characteristics of organizations that do it well, including what constitutes above-average preconstruction processes and the effects of efficient and digitized preconstruction.
This report, sponsored by Procore Technologies, is authored, researched and published by FMI, a leading consulting and investment banking firm dedicated to serving companies working within the built environment.
This year, Procore partnered with FMI to survey 979 construction industry stakeholders worldwide. Participants were asked to describe the preconstruction practices in their organizations, tools and technologies, project experiences and outcomes.
“The results from the State of Preconstruction survey are clear: investing in preconstruction can provide tangible returns on profit, schedule and client satisfaction, Many of the most successful contractors around the world focus their efforts on preconstruction because ultimately, better planned projects drive better outcomes. Data shows that organizations are willing to invest in preconstruction, and construction is not slow to adopt technology but waiting for the right tech for their businesses. We’re proud to invest in Procore's Preconstruction solution, which can help users manage designs, estimates, bids, and budgets across projects on one, integrated platform.”
-Tooey Courtemanche, founder, president and CEO of Procore.
Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe.
FMI is a leading provider of consulting and investment banking services to the built environment. We provide services in the areas of strategy, leadership and organizational development, performance, technology and innovation, mergers and acquisitions, financial advisory and private equity financing.
Carrier | September 15, 2022
Carrier Global Corporation ( NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has completed three new investments through its Carrier Ventures group. Archilogic, Butlr and Transaera – innovative startups in the healthy and green building space – are the newest additions to the Carrier Ventures investment portfolio of companies selected for their next-generation technology, high-growth potential and sustainability focus.
"Carrier is pleased to add three more disruptive companies to the Carrier Ventures investment portfolio that share our commitment to decarbonizing buildings and creating healthier, safer environments for the people who occupy them, Our partnerships with Archilogic, Butlr and Transaera will help to accelerate the commercialization of next-generation technology, contributing to a more sustainable world."
-Jennifer Anderson, Senior Vice President, Strategy, Business Development & Chief Sustainability Officer, Carrier.
Archilogic is the holistic spatial data platform for the internet. It provides product managers and software developers with infrastructure for building scaled, spatially aware apps that let end users interact with their spaces in the way they need. Archilogic's software will be used in Carrier's Abound cloud-based digital platform to give customers a clear and accurate view of their building interiors in one easy interface, allowing them to unlock and visualize building data to create healthier, more efficient spaces.
Butlr, a venture-backed startup spun out of the MIT Media Lab in 2019, was named one of the World Economic Forum's Technology Pioneers of 2022. The company's award-winning people-sensing platform uses body heat and machine learning to detect occupancy, headcount and activity, and generate accurate, real-time and historical spatial insights without collecting personally identifiable information. Butlr's thermal sensing technology will be embedded in the Abound digital platform. The combination of these cutting-edge technologies will provide building owners and operators with real-time insights to make confident decisions to improve energy efficiency while ensuring occupant wellness.
Transaera is developing a new class of affordable, energy-efficient, sustainable cooling systems. Buildings account for about 40% of global energy greenhouse gas emissions, and 40% of that is from HVAC. Current air conditioners consume more energy in humid conditions, and the majority of future cooling demand is expected to come from people living in hot and humid climates. Transaera's novel desiccant technology uses a unique sponge-like material that grabs moisture from the atmosphere to enable its air conditioner to cool air more efficiently. The heat generated by the air conditioner is then used – instead of being wasted – to dry the material for the next cycle. Transaera intends to use this technology in partnership with Carrier to develop ultra-efficient climate systems. The company was named one of eight finalists in the Global Cooling Prize, an international innovation competition to develop an affordable and sustainable residential air conditioner.
Launched in 2022 with a vision to accelerate the development of sustainable innovations and disruptive technologies, Carrier Ventures is an important accelerator of Carrier's 2030 Environmental, Social & Governance (ESG) Goal to help its customers reduce their carbon footprints by more than one gigaton. Carrier has also committed to investing more than $2 billion by 2030 to develop healthy, safe, sustainable and intelligent building and cold chain solutions that incorporate sustainable design principles and reduce lifecycle impacts.
As the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, Carrier Global Corporation is committed to making the world safer, sustainable and more comfortable for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do.
ABC | September 14, 2022
Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 8.7 months in August, according to an ABC member survey conducted Aug. 22 to Sept. 7. The reading is a full month higher than in August 2021.
Backlog is down from the levels of the second quarter of 2022 but remains higher than at any point from March 2020 to March 2022. While the CBI reading fell for contractors in the South in August, it remains the U.S. region with the lengthiest backlog.
ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased in August. The index for profit margins bounced back into positive territory while the sales and staffing level indices remained above 50, indicating expectations of growth over the next six months.
“Despite the high risk of recession, contractors collectively expect sales, employment and profit margins to grow over the next six months, Backlog is down from the cyclical peak in early 2022 and has been roughly flat in recent months,The buoyancy of the nation’s nonresidential construction marketplace is really quite remarkable, Rising interest rates have already driven the single-family homebuilding market into recession, but brisk nonresidential activity continues. Many nonresidential contractors are operating at capacity, and their principal frustrations relate to supply-side issues like worker shortages, equipment delivery delays and elevated materials prices, as opposed to demand for their services."
-Anirban Basu, Chief Economist ABC.