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IT as a Service Authors: Elizabeth White, Pat Romanski, Ed Witkovic, Alan Williams, Liz McMillan

Article

Presence or Absence of Technology in Your Business Will Decide Survival or Thrival

You would think construction companies and construction equipment would never become absolute. While this may be quite true, the shocking fact is that leaders of today are nowhere on the horizon tomorrow! How is this possible, you ask? This piece attempts to open your eyes to reality in the realty business of today and tomorrow at a glance. Straight from the horses’ mouth as we repeat words of Chris Dill, vice president of Kiewit Technology Group.

Case of Kiewit Corporation plus InEight

We take the support of Kiewit Corporation to make our case noteworthy. It is an employee-owned Fortune 500 contractor based in Omaha, Nebraska. This private but largest contractor has project credits like several bridge retrofittings in the San Francisco Bay Area, Interstate H-3 project in Hawaii and building world's largest geodesic dome at Henry Doorly Zoo in Omaha.

In additional to large mining and off-shore operations, the company contracts small grading (dirt moving) projects for residential or commercial development and is justifiably concerned about current and future equipment inventory management software and its implementations.

This large corporation in the no less than constructions business has suddenly shown phenomenal changeover into the software technology field. In fact, it has recently set up a wholly owned subsidiary known as InEight offering HD Suite a group of software programs encompassing all necessary back office and field solutions for small to large companies in building, infrastructure, mining, oil and gas as well as utility industries.

Contractors for Contractors

This is an innovative effort ‘by contractors for contractors’ to not only survive but also thrive in the future. We attempt to simplify the mystery behind why a $9-billion, global construction company diversified from dirt and diesel into digits. What set them off was a survey of top 500 companies in 1965 and then 2015. 450 or 90% companies no longer EXIST. They are not simply off the list, which could be acceptable and even understandable to a certain extent. However, the stunning revelation that they have gone for good has opened up our eyes just in time. It is time to discover what equipment lease management software can do for you.

When Kiewit examined details, they found three primary causes for this unfortunate demise.

• Change. Failing to adapt to changing environment and demands to keep up with challenges.

• Innovation. No efforts to develop adopt or use newer technology.

• Risk. As a result, over budget projects ran them into the ground, literally.

Why Do We In The Constructions Business Need To Think About Future Survival?

• Global population reaches 10 billion by 2050. A $15 trillion constructions market only companies with systems, efficiency and technology to support exponential growth will be able to benefit.

• Construction usually ignores growth in productivity. It is taken for granted or lacking totally. There is no communications or connectivity across the constructions supply chain.

• Public-Private-Partnerships (P3s) amidst changing relationship with project owners needs equipment rental business software among other software needs.

Push Out Paper

It may have started with something about saving the trees, but the truth is it is all about getting with the technology of the day. Paper systems cause inefficiency by simply giving birth to insufficiency of time. Modernizing processes eliminates paper. Again, not only to save trees, that may be there of course, but also to usher in communications and connectivity across the constructions supply chain with easy to access equipment rental software open source programs.

Globally, survival has already become all about being instantaneous and actionable at any level, helping everybody make good decisions without letting delays creep in.

More Stories By Alan Williams

Russell professional technology specialist with deep love for web and software. Keen to work and contribute to the industry with gained knowledge, expertise and experience. Does technical consultation to help tech business geeks. His love for food makes him keep eating and loves to build his own social network.