Jennifer Hermes, writing for Environmental Leader:

Risk management professionals should be leading the charge to help their companies understand how disruptive technologies will affect business strategies and operations – and those risk managers who don’t lead the way will be relegated to a support role, according to the new 2017 Excellence in Risk Management (PDF) report. Disruptive technologies as defined in the report – for example, telematics, sensors, smart buildings and the Internet of Things – are those that either purposefully displace existing products or that introduce groundbreaking ways of doing business. The report, created by Marsh & McLennan Companies in partnership with Risk & Insurance Management Society (RIMS), suggests that risk managers may be focusing, to their detriment, on current rather than emerging risk.

Companies that integrate such technologies early on are generally able to stay ahead of their competitors, but they also face a significant challenge: while innovation allows companies to keep their business models fresh, it also disrupts an organization, making risks more complex. Risk management professionals need to adopt a proactive approach to these technologies, understand the risks and rewards, and educate executives on how those risks and rewards will impact business strategies, the report suggests.

What are some ways to approach risk in a more proactive manner? Excellence in Risk Management states the following:

  • Engage key stakeholders, from senior leaders to operations employees and even suppliers, in looking at risk and bringing their insights to the decision-making process;
  • Invest in the use of data, analytics and technology;
  • Educate about risk management across the organization;
  • Integrate risk management into strategic planning.

Smart homes of the future may just as readily respond to instructions sent by text, as the voice-powered interfaces that dominate the early entrants to the market for the Internet of Things in the home. Amazon, Google and Apple all have technologies largely relying on speech recognition, but as Facebook CEO Mark Zuckerberg discovered after installing an extremely sophisticated voice-powered smart home system, not everyone is comfortable with that style of user interface.

Jeremy Wagstaff, writing for Reuters:

Facebook (FB.O) founder Mark Zuckerberg, for example, was working on Jarvis, his own voice-powered AI home automation, and found he preferred communicating by text because, he wrote, “mostly it feels less disturbing to people around me.”

A small Singapore-based firm called Unified Inbox is working on the challenge:

At Unified Inbox, Ruckert looks ahead to being able to communicate not only with one’s own appliances, but with machines elsewhere. Bosch executives in Singapore, for example, have demonstrated how a user could ask a smart CCTV camera how many people were in a particular room.

As famous inventor James Dyson stated in a recent interview:

For me, the future is making everything happen for you without you being particularly involved in it.

Bryan Clark, via The Next Web:

After five years of fighting to increase profits, J.C. Penney is shutting down 130 stores nationwide. For one California startup — and anyone who’s been inside J.C. Penney lately — this didn’t come as a surprise.

Orbital Insight, a venture-funded startup in Palo Alto, uses satellite imagery to track the health of major retailers by analyzing car groupings in the parking lot. Year-over-year, J.C. Penney saw a five percent decrease in the number of cars parked outside, and down over 10 percent for Q1 so far, according to Orbital Insight.

The Outline’s Adrienne Jeffries has more:

The number of cars in J.C. Penney lots was down 5 percent year-over-year in Q4 of 2016, and is down 10 percent year-over-year for Q1 so far, Orbital Insight said.

Orbital Insight, a venture capital-funded satellite intelligence startup based in Palo Alto, tracks 250,000 parking lots for 96 retail chains across the U.S.

Ronald Ray, writing for Construction Specifier, has a great article on different methods for detecting, diagnosing and pinpointing the location of leaks within various types of roofs. What makes Ray’s article so great is some of the cool new technologies outlined representing the bleeding edge of building forensics:

All roofs eventually leak—it is just a matter of when and where. Nevertheless, the hope is that new roofing systems do not leak right from the start. It is critical to verify the watertightness of roofing, especially if it is to be covered with ballast or a vegetated roof assembly. This verification is a field quality-control measure beyond the scope of a roofing manufacturer’s visual inspections for issuance of a warranty. For existing buildings being considered for a reroofing program, conducting a roof survey to determine the location and extent of wet substrates is essential to making fiscally responsible decisions related to the program’s extent…

Other technologies, such as electronic leak testing, can detect leaks with far more reliability than flood-testing. Some electronic leak-testing methods include:

  • electrical capacitance/impedance testing;
  • infrared thermography;
  • nuclear hydrogen detection;
  • low-voltage electrical conductance testing; and
  • high-voltage spark testing.

Man, depositions can be rough on some people. I personally know of situations in which various parties have thrown their laptops down in a temper tantrum, expert witnesses breaking down in tears or faking illness to take more time to prepare, or the time when an infamous developer parked his Ferrari right outside the room where his deposition was being held where he would try to claim he was broke, and have even seen video of a deposition in Texas where a fist fight broke out (Google it – you won’t be sorry…). (more…)

As the construction industry becomes more reliant upon technology, we must follow the proven examples of other industries and adopt standards for exchanging information.

It started with CAD. All of a sudden there was a way to create drawings electronically that could improve the precision of the design process and reduce the repetitive labor associated with manual drawing/drafting. As software developers saw the opportunity for creating CAD programs for the AEC industry, a bunch of different options sprouted up, each with its own unique file format. Quickly it became apparent that it was in the industry’s best interest to standardize those file formats to make it easier for design teams comprised of multiple distinct entities to collaborate.  (more…)

Perhaps because of the requisite remote control making it look and feel like a toy, for some reason people seem to think that drones are just toys. Not that they can’t be a ton of fun — it is just that they can really screw up the already complicated and difficult to understand airspace above our heads.

Consider then the following points:

  1. The FAA has incredibly detailed and complex regulations governing every aspect of flight, right down to the toilets in the lavatory and the screws securing the overhead bins
  2. The FAA has been very vocal about its intent to regulate both recreational and commercial drone operations
  3. You don’t mess with the FAA

I learned this last point firsthand during the ground school portion of my flight training prior to earning my private pilot license. And now it seems that a prominent commercial drone photography operator is learning that lesson as well, according to Digital Trends:

A Chicago-based company that specializes in aerial photography using drones has agreed to pay a $200,000 penalty to settle a case brought by the Federal Aviation Administration (FAA), which had accused it of violating aviation regulations. The figure was a significant reduction on the colossal $1.9 million the FAA had originally proposed.

The company, SkyPan, will also have to hand over an additional $150,000 if it breaks FAA rules in the next year, and another $150,000 if it fails to comply with the terms of the settlement agreement.

The flights at the center of the dispute took place over Chicago and New York City between 2012 and 2014.

My son was just a few weeks old when I got my Blackberry. He turns 15 in two weeks. Risking repetitive stress injury to my thumb, that device allowed me to keep a $500-million R&D campus construction project moving forward, while still being able to go to doctor appointments and spend time with my young family.

It was when I successfully declined a meeting invitation and then rescheduled that meeting for a later time—from the comfort of a blanket on the beach—that I finally realized what a profound impact the Blackberry’s functionality would have on people’s lives. It took Apple showing the world what was truly possible with mobile technology, and Blackberry’s repeated missed opportunities have now led to its downfall, according to CNET:

BlackBerry’s decision closes a significant chapter in one of the most storied franchises in the phone industry, and it puts an even higher premium on the company’s shift of focus to software and services. BlackBerry was among the high flyers in the early days of mobile phones. Legions of “CrackBerry” addicts in the white-collar workforce tapped away at its trademark physical keys in the early 2000s.

Like many other companies, BlackBerry failed to anticipate the rise of Apple’s iPhone and of phones running Google’s Android software, which knocked BlackBerry back on its heels for years. Consumers have paid little attention to its phones despite the company’s attempts to modernize the BlackBerry software and, in a last-ditch effort last year, to embrace Android.

It’s been an unstoppable descent. In 2009, BlackBerry controlled one-fifth of the phone market, just behind Nokia. Today, it holds a tiny fraction of 1 percent, according to Gartner.