Tag: data
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October data signals boom, bust construction markets
Federal data went dark in October as the government shutdown stretched into its second month. The lack of government data has left builders without the usual reads on construction spending, producer prices and overall job numbers. With these reports on pause, construction firms face a data vacuum on materials costs and pace of construction investments,…
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Platform Power: Data, Terms of Use, and the Fate of AEC AI Startups
An ENR article reported that the agentic AI provider Trunk Tools lost its API access to Procore in September. According to ENR, Agave (a data integration platform) informed Trunk Tools and other startups that Procore’s new terms required changes to how they used its data connector. Procore says the change is due to its updating…
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AI, data centers add to economic development, experts say
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Panelists at Nvidia GTC on Wednesday discussed how the growth of data centers and internet-connected technologies is creating various opportunities for the manufacturing and construction industries. Between 2010 and 2018, global data center workloads and virtualized computing…
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Nucor rides ‘tsunami of earnings power,’ citing data center buildouts
Dive Brief: Nucor Corp., the largest steel manufacturer and scrap recycler in North America, saw steel mill shipments surge during the third quarter compared to last year, driven in part by increased data center construction. The Charlotte, North Carolina-based company reported Q3 steel mill earnings of $793 million, down 6% from the previous quarter and…
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ABC: Backlog Steady as Data Centers Drive Optimism
Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.5 months in September, according to an ABC member survey conducted Sept. 22 to Oct. 6. The reading is down 0.1 months since September 2024. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables and graph for September. View the full Construction Backlog Indicator and Construction…
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OpenAI, Oracle plan $15B data center site in Wisconsin
Dive Brief: OpenAI, Oracle and Vantage Data Centers plan to develop a nearly one gigawatt data center campus outside Milwaukee as part of the ongoing Stargate partnership, according to an Oct. 22 release. The four-building, $15 billion campus in Port Washington, Wisconsin, will feature several infrastructure upgrades, including $175 million in local water and power…
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BIM Without Boundaries: Building Data for AI Workflows
What is the role of BIM software and models in the data-driven future of AI agents and workflow automation? For years, the BIM model file has been treated as the single source of truth, the place where geometry and information meet. Yet the reality is changing fast. As construction processes become increasingly digital, connected, and…
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Egnyte Showcases New Data Tools at Procore Groundbreak
Egnyte, a leader in secure content collaboration, intelligence, and governance, will showcase the latest enhancements to its AI-powered cloud collaboration platform for the architecture, engineering, and construction (AEC) industry at this year’s Procore Groundbreak in Houston, TX. Egnyte is transforming data management to enable smarter, more secure, and more efficient project workflows for the industry.…
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Webcor inks deal to buy data center builder
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: As the advanced technology and data center construction markets continue their white-hot streak, San Francisco-based builder Webcor has reached a deal to acquire GCON, a construction management firm with broad exposure to mission critical, data…
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Why Data Security Posture Management Matters
In the digital age, the importance of safeguarding sensitive information is paramount. Organisations are increasingly relying on data security posture management tools to mitigate risks associated with data breaches and losses. These tools offer a robust framework for managing data security efficiently. What is Data Security Posture Management? Data Security Posture Management (DSPM) refers to…