IDC says IT skills shortage expected to impact nine out of 10 organizations by 2026. The post Fact of the Day – 7/25/2024 first appeared on Connected World ..read more

For years, I have been sounding the horn about good cybersecurity practices because a breach can cause businesses to come to a halt, costing companies millions or even billions of dollars. But the reality is there are a lot of things that can cause tech systems to go down: system failure, human error, power and internet outages, or an update, as was the case on July 19, 2024, when airlines, banks, hospitals, and other businesses around the globe slowed. This brings up an interesting question: What would you do if your tech systems went offline? But perhaps the bigger question is what would we ..read more

Construction companies take the leap into the internet, adopting software solutions one project at a time. Understanding that the construction industry exists as a triad is the first step in getting your arms around recognizing the key players in the development of a project. Owners hold one corner, engineers and architects another, and contractors are the third. All three play a critical role in tracking elements of a project differently and assessing data in the way they wish to receive it, and how they will assemble all the final information. View the full article here. The post Constr ..read more

GlobalData says UAE card payments market will surpass $200 billion in 2028. The post Fact of the Day – 7/23/2024 first appeared on Connected World ..read more

Today, we wrap up our blog series on people, process, and technology. Last week, we spent a lot of time looking at the importance of technology in today’s construction market. Now, let’s look to the future and examine what is truly coming in the coming years, as it relates to technology in the construction industry. When it comes to new, emerging technologies, there is perhaps no bigger elephant in the room than generative AI (artificial intelligence). But truth be told, there is both optimism and trepidation when it comes to generative AI in business. AI in Small Businesses Generally speaking ..read more

The construction industry is a wonderful industry to work in, offering a wide range of opportunities. The benefits can often be vast: a good salary with a path for advancement; a position where you can contribute to the greater good by constructing homes, buildings, or infrastructure; and the chance to be a part of a team that works together to make all of this happen. Of course, any industry comes with its challenges. For the construction industry, perhaps some of the biggest include addressing the safety and mental health aspects, as the AGC (Associated General Contractors of America) sugges ..read more

Food wholesalers and distributors often still use manual, inefficient, and time-consuming methods to take customer orders. Think phone, text, and email. The process of converting this to an ERP (enterprise-resource planning) system is challenging to say the least. Enter AI (artificial intelligence), which can help food wholesalers and distributors receive incoming orders from their customers. As one example, AI Orders—an automated order processing module—will be added as part of GrubAssist, which is a suite of enterprise AI assistants to give insights, analysis, and workflows to food supply ch ..read more

ABI Research says banking phygitization strategies will drive the delivery of 2 billion instantly issued digital and virtual payment cards in 2028. The post Fact of the Day – 7/22/2024 first appeared on Connected World ..read more

GlobalData says nearly 88% of Hong Kong residents use mobile wallets for payments. The post Fact of the Day – 7/19/2024 first appeared on Connected World ..read more

Gartner says 84% of marketers report experiencing high collaboration drag from cross-functional work. The post Fact of the Day – 7/24/2024 first appeared on Connected World ..read more