Architecture, Engineering, and Construction (AEC) companies are facing a decision: How to proceed forward in an economy where efficiency, cost management, and risk management are key? Historically, the AEC industry suffers from inefficiencies and difficulties founded in miscommunication as they deal with siloed departments and offices that use various systems to support daily functions. This produces a number of problems that have a direct impact on bottom lines, including:
Currently the engineering and construction industries are poised on the brink of a digital transformation that can not only help improve project time, quality, and safety, but also lower overall costs throughout the project lifecycle while increasing efficiency and productivity. Currently many engineering companies are struggling with thin margins, unable to finance the cost of IT talent that will help launch the required digital technologies and optimized business models they need.
Only one thing was certain over the last year — and that was that change is constant. Across all industries, changes wrought by the ongoing pandemic brought great challenges, but also unexpected opportunities. And nowhere was this more evident than in the manufacturing industry, where according to one survey, nearly all players saw their business suffering long-term effects from the pandemic. In response to these changes, however, 91% of manufacturers have increased their interest — and investment — in digital technologies to fuel a transformation.
The last school year was one of the most impactful in higher education history. And the ongoing coronavirus pandemic continues to disrupt learning as colleges and universities continue to adjust to new health and safety strategies set forth by the government. The pandemic crisis forced educational organizations to pivot swiftly to keep both students and faculty apprised of ongoing changes, underscoring the importance of communication in this industry.
Hackers are targeting healthcare operations — and nursing homes in particular — to disrupt operations and force payouts to ransomware demands. By locking up access to electronic health records (EHRs), malicious actors can interfere with critical care, billing, the processing of test results, and more — all of which can be devastating to the nursing home and the patients they serve. In fact, any element of operations that is tied to IT-based infrastructure is at risk, so even phone systems, accounting functions, and building access and security can be shut down.
The news is full of disasters in recent years. From the ongoing pandemic to natural disasters like floods, fires, and hurricanes, not to mention the threat of data breaches are affecting small businesses across the nation.
Last year was a tough year for gamblers — and casino owners — as social distancing, mask mandates, and other health and safety precautions took their toll. In fact, revenues in the gaming industry dropped a whopping 25.2% in an incredible decline from 2019 to 2020.
With cyberattacks skyrocketing, more companies are taking a closer look at their cybersecurity practices to ensure their data is protected. Small businesses are particularly at risk, with 43% of attacks aimed at them, in part due to their lack of resources to defend against malicious actors. Complicating the issue is the continuing coronavirus pandemic, which has forced many businesses to rely on remote workers or a hybrid office environment to survive — broadening the attack landscape significantly.
Companies need to understand that today’s multifunction devices are more sophisticated than older generation printers are. In many ways, new multifunction printers are just like computers. Since the use of company networks became widespread in the 1990s, connecting and sharing a printer became easier than ever before. These devices now help companies to streamline their print workflows and maintain a productive office environment, but it could also pose a risk to operations.