Building products manufacturers and suppliers looking to capitalize on the money pouring into the sector will need to understand these new environmental, social and economic trends to adjust products and services to address shifting client demands.
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Since niche original equipment manufacturers (OEMs) have been gaining market share, many are looking for capital to expand their operations into different product lines or geographies, creating opportunities for private equity investors to accelerate their growth.
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Distinguishing between the hype and reality of AI’s capabilities can be difficult, given its prominence in today’s conversations. It’s time to cut through the noise and discuss how AI is truly changing the construction industry – without invoking images of autonomous humanoid robots capable of climbing a ladder to terminate wire or anything else.
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The number of fund vehicles with stated environmental, social or governance (ESG) or impact mandates doubled from 2016 to 2021. As more companies look for ESG investment opportunities, it’s important to partner with a firm that understands the nuances of the built environment and that can find companies that fit your investment criteria.
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The generational shift from baby boomers to their successors is underway across the built environment, with 41% of the current U.S. construction workforce expected to retire by 2031. This article dives into the steps owners and executives can take now to start the ownership transfer process.
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Operationally superior companies continuously review and update their processes, and that discipline extends to post-job procedures as well. Here we talk about post-job process improvements and how you can leverage insights from one job to better your entire organization.
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Data analytics continues to be a hot topic, and construction is no exception to this trend. As the engineering and construction (E&C) industry becomes increasingly technology-driven, companies are turning to data analytics to improve operations and gain a competitive edge.
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Many are talking about quiet quitting. Yet, quiet quitting is not laziness, but a symptom of poor management. Discover ways to motivate your people.
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As the economy becomes more uncertain, engineering and construction firms are beginning to see more project delays and cancellations. It's not enough to have a strategy in this environment. You need to execute, integrate and constantly reassess your plans to optimize your market position. Learn how you can get ahead of the current environment.
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Signs of a coming recession indicate challenges for some portions of the economy, but certain construction services segments will continue to see strong growth despite economic headwinds. This article dives into those sectors most ripe for consolidation in 2023.
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