Read on for more examples of how real-time data can be used to unlock actionable insights and create unprecedented value. Industry Challenges According to FMI research, the average general contractor earns a net profit margin of just 1.46%, which is perhaps why many firms today feel they lack the financial resources (in addition to the…
Despite increasingly sophisticated projects and buildings, the way tasks are completed and managed on site has changed very little over the last 30-40 years. The majority of project leaders and crews still rely on paper and pen, emails, phone calls and physical proximity to manage operations and communicate project changes or issues. This reliance on…
The benefits of data collection and sharing – particularly in monitoring employee health and safety – are many; however it is important to note that not all data is created equal. To fully utilize the power of data-driven and data-enabled technologies, it is essential for organizations to conduct due diligence during the research and adoption…
Over the last decade, the Internet of Things (IoT), or network of Internet-connected everyday objects to transmit information in real-time, has become more than just a buzzword or hot topic. Across industries, people and businesses rely on real-time information and communication via IoT-enabled devices to save them time, money, and in many cases, improve safety…
In recent years, the Internet of Things, or IoT, has infiltrated every aspect of our personal, work, and social lives. Everything, it seems, is internet-connected, and as a result, we have come to expect the latest, real-time information to be available to us with the touch of our fingers or the click of a mouse.…
