Outlook & Trends

  • Building the Construction Industry for the Future

    Building the Construction Industry for the Future0

    Anthony Perera, Exuma Capital Partners The construction industry stands at a crossroads where traditional practices meet new technology practices. From remote video inspections to project management platforms streamlining processes, these innovations are changing how contractors operate. These advancements address longstanding challenges such as regulatory compliance, project efficiency, and adapting to evolving market demands. Contractors who

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  • Are You Ready to Innovate Your Personal Protective Equipment?

    Are You Ready to Innovate Your Personal Protective Equipment?0

    By Builders Mutual In the not-too-distant future, your safety coordinator will slip on a mobile mapping backpack during their daily building walkthrough. They will be able to scan and transmit 3D models of in-progress construction back to the design team and facility operators. They’ll also use the backpack to detect potential safety hazards: guardrails that

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  • A Reflection on 2024, and How EHS Will Evolve in 2025 

    A Reflection on 2024, and How EHS Will Evolve in 2025 0

    By Michael Zalle, Yellowbird The landscape of Environmental, Health, and Safety (EHS) is undergoing rapid transformation, driven by a combination of technological advancements, shifting regulations, and evolving societal expectations. In 2024, businesses and organizations faced an increasingly complex set of challenges and opportunities in their efforts to protect their employees, communities, and the environment. From

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  • Can A.I. Prevent Construction Accidents and Fatalities?

    Can A.I. Prevent Construction Accidents and Fatalities?0

    By Bob Tuman, safety consultant  I was right in the middle of helping a painting contractor client figure out why his workers’ compensation premium had jumped $50,000 when a New York Times article caught my attention.  As I read “A.I. Can’t Build A High Rise, But It Can Speed Up the Job” (https://www.nytimes.com/2023/08/15/business/artificial-intelligence-in-construction-real-estate.html?searchResultPosition=1) and saw

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  • How Technology is Transforming Construction Collections

    How Technology is Transforming Construction Collections0

    By Claire Wilson, Siteline The construction industry has a persistent challenge: getting subcontractors paid on time. Sound familiar? Given that only 5% of trade contractors report always getting paid on time—with most waiting an average of 90 days to get paid—delayed payments are an all-too-common frustration. This challenge partially stems from where subcontractors sit in

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  • Navigating the Construction Landscape: A Comprehensive 2025 Outlook

    Navigating the Construction Landscape: A Comprehensive 2025 Outlook0

    By Dan Doyon, Maxim Consulting Group As someone deeply engaged with the construction industry, I have witnessed firsthand how this sector continuously evolves, adapting to the relentless flow of technological, regulatory, and economic changes. Looking forward to 2025, subcontractors will find themselves navigating a landscape not only in the midst of economic recovery but also

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