Technology & Equipment

Transforming Urban Living: IoT and 5G Power the Future of Smart Cities
Technology & Equipment Transforming Urban Living: IoT and 5G Power the Future of Smart Cities

The rapid advancement of technology is dramatically reshaping urban environments, evolving them into interconnected smart cities. Central to this transformation are the Internet of Things (IoT) and 5G technology, working in tandem to offer innovative solutions that enhance public services, improve

How Can We Ensure Crane Safety in Extreme Weather Conditions?
Technology & Equipment How Can We Ensure Crane Safety in Extreme Weather Conditions?

Operating cranes in extreme weather conditions presents significant challenges and risks. The manufacturing and construction industries must adopt comprehensive precautions to ensure the safety of both operators and equipment. This article explores the impact of various weather conditions on crane

Will Infrastructure Spending Offset Caterpillar’s Revenue Decline?
Technology & Equipment Will Infrastructure Spending Offset Caterpillar’s Revenue Decline?

Caterpillar, a prominent heavy equipment manufacturer, has reported a 4% decline in revenue year over year in its third-quarter earnings for 2024. This revenue dip is primarily attributed to reduced construction demand in key markets such as North America and Europe. Within its Construction

Is the Construction Equipment Market Headed for a Long-Term Decline?
Technology & Equipment Is the Construction Equipment Market Headed for a Long-Term Decline?

The construction and earthmoving equipment market experienced a significant downturn in September, with retail sales falling to just over 2,400 units, marking an almost 15% decline from the same month last year. This sluggish performance has carried over into the third quarter, culminating in a

Smart Buildings: Essential for CRE and Retail Leaders' Competitiveness
Technology & Equipment Smart Buildings: Essential for CRE and Retail Leaders' Competitiveness

As industries continue to evolve at a rapid pace, commercial real estate (CRE) and retail leaders are increasingly recognizing the critical need to adapt to new technological advancements. According to a comprehensive 2023 study by Forrester Consulting commissioned by Johnson Controls, smart

Can BiltOn's $15M Funding Boost Revolutionize Construction Management?
Technology & Equipment Can BiltOn's $15M Funding Boost Revolutionize Construction Management?

BiltOn, previously known as Beti, has made significant strides in construction operations and risk management software, recently securing an impressive $15 million in a Series B funding round. This significant capital infusion was led by the investment firm PSG Equity and supported by Titan Capital

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