Technology
October 22, 2024
How to Mitigate Supply Chain Risks
Consumers have come to expect ample choice, instant shipping and ultrafast delivery, making a smooth supply chain critical. However, the fragile nature of supply chains can lead to sudden bottlenecks, delaying production or shipments and impacting an organization’s ability to meet customer demand. These delays can disrupt cash flow and damage customer loyalty as expectations...
August 28, 2024
Generative AI Benefits and Risks
As generative artificial intelligence (AI) advances, corporate boards are increasingly leveraging its capabilities to improve several aspects of their organizations. However, these boards must understand how to use this tool properly in order to use it effectively in their operations. They must also carefully analyze and weigh the risks it presents; otherwise, they may be...
February 5, 2024
Manufacturing Industry Trends to Watch in 2024
Businesses in the manufacturing sector contribute significantly to the economy by utilizing raw materials to create a wide range of finished products. In recent years, this industry has experienced considerable growth and has capitalized on recent legislation that provided substantial funding and tax incentives. The Infrastructure and Jobs Act, the Creating Helpful Incentives to Produce...
January 30, 2024
Construction Industry Trends to Watch in 2024
The construction industry has encountered volatility and uncertainty in recent years, brought on in part by fluctuating consumer behaviors, material procurement difficulties, project delays, high interest rates and inflation. Such trends have been vital to monitor, as doing so has helped industry employers create strategies to adjust and remain successful despite these uncertain circumstances. This...
October 11, 2023
Insurance Innovation Necessary Amid New Digital Risks
In its latest sigma study, Swiss Re Institute finds that potential digitalization benefits across countries and throughout the insurance value chain are far from exhausted. According to the reinsurer’s “The economics of digitalization in insurance” sigma report, digitalization is a source of new growth, new risks, and new efficiencies for the insurance industry. Digital value creation has...
June 19, 2023
Artificial Intelligence and its Impact on Workers’ Compensation
Recent years have seen artificial intelligence (AI) surge in popularity. Such technology encompasses machines, computer systems and other devices that can simulate human intelligence processes. In other words, this technology can perform a variety of cognitive functions typically associated with the human mind, such as observing, learning, reasoning, interacting with its surroundings, problem-solving and engaging...
July 14, 2022
Managing Safety With Tablets and Smartphones at the Jobsite
With construction workers able to access the digital tools they need from a hand-held device that connects to the Internet, workers are more likely to use the device while moving or trying to complete multiple tasks, posing a safety risk for everyone. How we work has changed drastically over the last few years. Employees can...
August 14, 2020
How Technology is Transforming the Construction Industry
There’s little doubt that technology has changed the construction industry for the better. Aside from more efficient operations, tech innovation in construction has paved the way for growth and gaining a competitive edge. Schools like Capitol Technology University has taught would-be workers in the field how to maximize the use of technology to advance their careers...