The market for Smart Buildings, specifically within the nonresidential sector, is experiencing a remarkable expansion. According to The Business Research Company, there is an anticipated surge in valuation, with projections estimating the market to grow to $112.47 billion by 2028. This represents a
Sumitomo Corporation has strengthened its foothold in the U.S. construction equipment market with its subsidiary, Sunstate Equipment Co., acquiring Trench Shore Rentals, Inc. (TSR), a firm specialized in renting trench safety gear. This move highlights Sumitomo's strategy to tap into the expanding
As the construction industry gears up for Intermat 2024, scheduled for April 24-27 at Paris's Parc des Expositions de Villepinte, there's a palpable sense of anticipation for what is set to be a pivotal event. Rescheduled due to the pandemic, the expo represents an important milestone as over
During the pandemic, the construction equipment industry saw a surge in demand, driven by government stimulus measures. This boom resulted in a peak of 1.34 million units sold in 2021. However, the sector is currently experiencing a transition towards normalization and a focus on sustainability.
Since its founding in 2002 by visionary CEO Craig "Tooey" Courtemanche, Procore Technologies has revolutionized the construction industry with cutting-edge project management software. Initially focusing on streamlining complex processes and enhancing communication, Procore has grown into a leading
The construction sector is evolving dramatically as more businesses opt to rent rather than purchase equipment. This shift complements a digital overhaul that streamlines workflow efficiency in the industry. Central to this evolution is construction equipment rental software, a tool that
