Stakeholders Adopting Digital Technologies to Gain Competitive Edge in Construction Market

Transparency Market Research | February 04, 2020

Trends within the global construction market have evolved at a rapid pace over the past few decades. Progress in technology, significant improvements in construction techniques, and use of superior grades of raw materials are some of the factors that have boosted the construction market in the past few years. While economic factors remain pivotal in the growth of the construction sector across the world, the rapidly growing global population is expected to create a substantial demand for heavy & civil engineering as well as general construction worldwide. According to a publication released by the World Economic Forum, the global urban population is increasing by around 200,000 per day. Furthermore, the publication also stated that the global urban population is expected to grow past the 6 billion mark by 2045, which in turn is expected to put significant pressure on the construction market.

In the report, TMR predicts that the construction market would be largely driven by factors, such as rise in population and investments in infrastructure. Increase in demand for multifunctional characteristics of construction products, use of artificial intelligence, and a streamlined supply chain are expected to drive the construction market during the forecast period.

According to the construction market report, the type segment includes heavy & civil engineering (bridges, roads, railways, airports, and others (sewage, under bridges, etc.), general construction (residential, commercial, industrial), and others (specialty trades, maintenance, etc.) Based on type, the heavy and civil engineering segment accounts for major share. The development of transport infrastructure in various countries contributes maximum to this segment. Maximum investment is for building roads, bridges, and rail lines. The segment is projected to expand at a significant rate in the near future.

Request PDF Sample For More Information@ 
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=75107


In terms of general construction, the residential segment accounts for maximum share of the market. It is estimated to maintain its dominant position during the forecast period. Various housing policies, low interest on loans, and increasing population are key factors responsible for the expansion of the residential segment. Urbanization, modernization, and rise in population are factors leading to infrastructure investments, which is boosting the global construction market.

Construction companies are expanding their business to new geographies. The construction market is strongly dependent on the economy and spending power of consumers. Various construction companies have adopted a lean approach to increase efficiency and maintain stability. These factors are estimated to drive the construction market during the forecast period. Shortage of skilled labor, rise in raw material cost, changing political conditions, growing environmental concerns, and lack of investment are restrains of the construction market.

Spotlight

CyberSecure IPS gives network managers the ability to monitor and protect the physical security of fiber optic network infrastructures. CyberSecure IPS provides robust protection against fiber optic intrusion attempts and dispatches the appropriate first response teams in real-time.


Other News
APPLICATION INFRASTRUCTURE

HaystackID® Launches New Discovery Management Platform

HaystackID | March 09, 2022

HaystackID, a specialized eDiscovery services firm supporting law firms and corporate legal departments, announced today the launch of HaystackID Core, a discovery management platform for discovery intelligence. Delivering a robust suite of software, platform, and infrastructure services, HaystackID Core combines HaystackID Discovery Intelligence with best-of-breed technology, security, and privacy platforms, processes, and protocols. HaystackID Core provides power and precision to corporations, law firms, and consultancies, enabling them to – without upfront or additional investments in hardware or software – take a new approach to eDiscovery. "The traditional approach to eDiscovery sourcing and support typically involves multiple providers, which means unpredictable costs, changing workflows, and project management challenges. Given these characteristics, there are efficiency, economic, and security reasons to consider new approaches. HaystackID Core provides a way to augment, complement, or even replace key eDiscovery capabilities with the best available technologies, proven experts, and predictable pricing." HaystackID CEO Hal Brooks HaystackID Core is purpose-built for any users of eDiscovery services looking to drive positive legal, business, and technology outcomes in audits, investigations, and litigation. It does so through three primary offerings: HaystackID Core Standard – A dedicated technology platform for targeted collection, discovery, and review, which can be accessed either individually (SaaS) or as a collective group of services (PaaS). Technology currently available as part of HaystackID Core offerings includes Relativity, RelativityOne, Relativity Analytics, Reveal, Reveal Brainspace, Nuix Data Discovery, and Nuix Investigate as well as HaystackID's proprietary ReviewRight® Protect™ and ReviewRight® Virtual®. HaystackID Core Plus – Hosting services that work as an eDiscovery data center, with a full range of applications and management tools that HaystackID can manage for its clients through a PaaS (hosted public or private cloud) or IaaS (on-premise) offering. HaystackID Managed Core – Managed services that act as a dedicated eDiscovery team to help manage tasks, projects, and programs for any number of eDiscovery requirements. The platform builds on HaystackID's Discovery Intelligence approach adding a holistic technology offering that complements its current portfolio of services, with a platform clients can manage via different models (SaaS, PaaS, and IaaS) to support their specific needs. "HaystackID Core helps us deliver on our mission to support our clients from data creation through defensible data disposition and from cyber discovery through legal document review," said HaystackID CTO Evan Craghead. "It enhances the accessibility, predictability, and security our clients need to meet their privacy, compliance, and risk needs and to reach the legal high-ground first in sensitive investigations, cases, and matters." About HaystackID® HaystackID is a specialized eDiscovery services firm that helps corporations and law firms securely find, understand, and learn from data when facing complex, data-intensive investigations and litigation. HaystackID mobilizes industry-leading cyber discovery services, enterprise solutions, and legal discovery offerings to serve more than 500 of the world's leading corporations and law firms in North America and Europe. Serving nearly half of the Fortune 100, HaystackID is an alternative cyber and legal services provider that combines expertise and technical excellence with a culture of white-glove customer service. In addition to consistently being ranked by Chambers USA, the company was recently named a worldwide leader in eDiscovery services by IDC MarketScape and a representative vendor in the 2021 Gartner Market Guide for E-Discovery Solutions. Further, HaystackID has achieved SOC 2 Type II attestation in the five trust service areas of security, availability, processing integrity, confidentiality, and privacy.

Read More

AWS

Fugue Achieves AWS Security Competency Status

Fugue | February 18, 2022

Fugue, the cloud security and compliance company, today announced that it has achieved Amazon Web Services (AWS) Security Competency status. This designation recognizes that Fugue has demonstrated proven technology that helps customers achieve their cloud security goals. Fugue delivers cloud security visibility and policy-based governance across the software development life cycle, from infrastructure as code to running cloud environments. Achieving the AWS Security Competency differentiates Fugue as an AWS Partner that provides a specialized software as a service platform designed to help enterprises adopt AWS for security-critical deployments. To receive the designation, AWS Partners must possess deep AWS expertise and deliver solutions seamlessly on AWS. AWS established the AWS Competency Program to help customers identify AWS Partners with deep industry experience and expertise. “Fugue is thrilled to achieve AWS Security Competency status, Our team is dedicated to empowering cloud engineering and security teams to deliver and maintain secure cloud infrastructure that adheres to policy and integrate our cloud security SaaS platform seamlessly with the range of security tools AWS provides.” Josh Stella, Fugue CEO and co-founder Fugue empowers security teams with real-time visibility into the full state and security posture of their cloud environment and ensures that policy-driven cloud security controls are consistently interpreted, implemented and enforced across the entire organization. Fugue’s Unified Policy Engine enables teams to use the same policies to check and enforce cloud infrastructure security at every stage of the software development life cycle. Fugue secures AWS and multicloud environments and pre-deployment infrastructure as code security checks for Terraform, AWS CloudFormation, Kubernetes manifests, and Dockerfiles. Fugue provides turnkey compliance coverage for SOC 2, NIST 800-53, GDPR, PCI, HIPAA, ISO 27001, CSA CCM, CIS Controls, CIS Docker, the AWS Well-Architected Framework, and CIS Foundations Benchmarks. Fugue’s Unified Policy Engine leverages Open Policy Agent (OPA), the open standard for policy as code and a Cloud Native Computing Foundation (CNCF) graduated project. About Fugue Fugue is a cloud security and compliance SaaS company enabling regulated companies such as AT&T, Red Ventures, and SAP NS2 to ensure continuous cloud security and earn the confidence and trust of customers, business leaders, and regulators. Fugue empowers engineering and security teams to automate cloud policy enforcement and move faster than ever before without breaking the rules. Since 2013, Fugue has pioneered the use of policy-based cloud security automation and earned the patent on policy as code for cloud infrastructure.

Read More

DATA STORAGE

ViewTrade Holding Launches Cloud-Based Data Storage Features to Make Client Onboarding Process Even Smoother and More Secure

ViewTrade Holding Corporation | March 10, 2022

Orbis Systems, Inc., a subsidiary of ViewTrade Holding Corp. and leading fintech company, is releasing a new cloud-based data storage feature to its suite of account management and onboarding offerings, giving clients a new way to back-up data that is both secure and easily accessible. Orbis' new storage feature automatically creates a snapshot of completed new account applications and stores them in a secondary back-up cloud location, in addition to their own controlled storage solution. Once stored, a client can retrieve the data for any application as a password-protected PDF. This secondary option provides both extra data security and peace of mind. Clients can also choose to store a backup of the new application in their own controlled storage provider. "At Orbis we are committed to constantly improving our systems and continuously innovating to offer new features that enhance the client experience. This new cloud-based data storage offering is another way that we are ensuring that every step in the client onboarding process runs smoothly." Sergei Lishchenko, Director of Digital Experience and Innovation at Orbis Systems Applications backed up in client-controlled SFTP or AWS S3 cloud storage environments can be retrieved as a password-protected PDF. Clients can choose to configure their storage system as WORM (write once, read many)-compliant. This storage method ensures that the data cannot be changed once created and is unalterable once stored. "Staying compliant during the account opening process is essential for our clients," said Mark Ford, Chief Compliance Officer at ViewTrade. "With this innovative new offering of secondary data storage, we are again delivering to the market based on the needs of our clients. This gives them greater peace of mind as well as more convenience, speed and flexibility when it comes to the account onboarding process." About ViewTrade Holding Corporation ViewTrade Holding Corp. ("ViewTrade"), through its subsidiaries ViewTrade Securities, Inc. and Orbis Systems, Inc., is leading the industry in the digital shift to embedded finance and helping to democratize investing across the globe. ViewTrade offers clients – ranging from broker dealers to fintech disruptors and financial institutions -- a competitive edge by providing a direct and cost-efficient connection to U.S. markets. Today, ViewTrade serves clients in more than 20 countries across four continents, representing millions of individual investors. Our offerings translate into multiple languages and provide client service in more than a dozen languages. As a B2B firm, we never compete with our clients for business. ViewTrade Securities' products run on Orbis Systems' innovative technology. The firm has more than 20 years of experience operating in financial markets. In addition to powering ViewTrade platforms, Orbis Systems provides other fintech disruptors and innovators game-changing APIs and seamless integration to broker-dealers, clearing and custodian providers, market data and information content providers, as well as AML and KYC vendors.

Read More

IT SYSTEMS MANAGEMENT

Opti9 Technologies LLC Announces Launch of Hybrid IT Management Tool, OptiXdashboard

Opti9 | April 01, 2022

Opti9 Technologies LLC of Garden City, NY and Omaha, NE, announces the launch of its hybrid cloud management tool, OptiXdashboard. This single pane of glass platform provides unparalleled insights and orchestration tools for public, private, and hybrid infrastructure including the integration of Opti9's enhanced CloudOps Managed Services offering for Amazon Web Services (AWS). "We've enhanced our dashboard to address the unique needs of managing complex workloads across multiple clouds, services, and platforms. It provides a single interface to define and manage resources, alerts, reporting, service-level-agreements (SLAs), security, and networking across the hybrid cloud landscape. This ensures all systems are delivered and secured in the same manner, all backed by Opti9's managed service offerings. This is the true realization of the hybrid vision behind the formation of Opti9 earlier this year." Sagi Brody, CTO of Opti9 The most notable addition to the dashboard is the inclusion of CloudOps, Opti9's fully managed AWS service. The dashboard now provides full integration for CloudOp's managed security, compliance, networking, FinOps, best practices, asset management, and customizable alarms as they relate to AWS. Additionally, customers can utilize the dashboard's existing management, orchestration, and resilience capabilities. CloudOps is also integrated into the existing granular role-based-access-control, authentication, service help desk, and notification routing for the entire hybrid ecosystem. This includes AWS, private clouds, networking, backups, and disaster recovery services, allowing network and security standards to remain consistent across the entire hybrid cloud domain. The OptiXdashboard allows organizations to customize and control the value they receive from a managed service offering. This includes the ability to dictate which alarms and events are impactful to their business and should be immediately routed to Opti9's Network Operations Center (NOC), as opposed to those which should be sent to their own business units for further investigation. Additionally, businesses can define per-service and per-cloud recovery point objective (RPO) SLAs, technical contacts, and escalations. The dashboard also provides real-time and historical aggregated hybrid cloud usage data, along with service-specific details. About Opti9 Opti9 is a hybrid cloud solutions provider with offices in Garden City, NY, Omaha, NE, Overland Park, KS, and St. Louis, MO, and data centers in North America, Europe and the APAC region. The company is an AWS Advanced Consulting Partner and Veeam Platinum VCSP, along with several other key partnerships and certifications. Opti9 specializes in managed cloud services, application development and modernization, backup and disaster recovery, security, and compliance. With its business-first focus, Opti9 blends experience with innovation and new solutions to deliver on its "Right Workload, Right Cloud, Right Time" approach.

Read More

Spotlight

CyberSecure IPS gives network managers the ability to monitor and protect the physical security of fiber optic network infrastructures. CyberSecure IPS provides robust protection against fiber optic intrusion attempts and dispatches the appropriate first response teams in real-time.

Resources