Technology : Software & I.T. News
Deepki bolsters senior leadership team to support growth

Deepki bolsters senior leadership team to support growth

Deepki, the global leader in ESG for real estate, is bolstering its leadership team to support its continued international expansion, with the announcement of three new hires as well as four internal promotions. Deepki is the only company in the world offering a fully populated ESG data intelligence platform to

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CALCULATE ENVIRONMENTAL IMPACT

Two-Thirds of Architects now Calculate Environmental Impact

NBS’ 2023 Digital Construction Report reveals major drive for green metrics Today, NBS, the platform for connected construction information, reveals the results of its Digital Construction Report. The study explores the industry’s evolving relationship between digital technology and safety and sustainability – the sector’s biggest challenges. This year it showed

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E.ON switches to FLS field force scheduling solution for UK operations

E.ON switches to FLS field force scheduling solution for UK operations

Dynamic scheduling software specialist FLS – FAST LEAN SMART has won a field service planning and scheduling contract for E.ON, one of the UK’s leading energy providers. E.ON is a leading installer of energy efficiency solutions including smart meters, solar panels, air source heat pumps, batteries and electric vehicle chargers.

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YardLink ranked 41st fastest growing technology company in the UK in the 2023 Deloitte Technology Fast 50

YardLink ranked 41st fastest growing technology company in the UK in the 2023 Deloitte Technology Fast 50

The leading construction procurement platform attributes its 753% revenue growth to a fantastic team, valued customers, engaged suppliers and supportive investors YardLink, the UK’s leading construction procurement platform, today announced that it ranked 41st in the 2023 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in

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First Mile celebrates five years of tackling contamination and providing end-destination reassurance through QR codes on 40 million recycling sacks

First Mile celebrates five years of tackling contamination and providing end-destination reassurance through QR codes on 40 million recycling sacks

This Recycle Week (16-20 October) First Mile is proud to celebrate the five-year anniversary of its RecycleID initiative – incorporating QR codes on 40 million recycling sacks across the UK and working together with its customers to tackle recycling contamination, boost recycling rates and reduce businesses’ carbon footprint.  Each First

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Latest Issue
Issue 324 : Jan 2025

Commercial : Software & I.T. News

Deepki bolsters senior leadership team to support growth

Deepki bolsters senior leadership team to support growth

Deepki, the global leader in ESG for real estate, is bolstering its leadership team to support its continued international expansion, with the announcement of three new hires as well as four internal promotions. Deepki is the only company in the world offering a fully populated ESG data intelligence platform to help commercial real estate investors, owners and managers improve the ESG performance of their real estate assets, and in the process enhance their value. Following a successful €150 million fundraising round in March 2022, Deepki has enjoyed substantial growth, expanding its workforce from 150 to 400 employees, and extending its operations both organically and through strategic acquisitions. These acquisitions include British competitor Fabriq, and Nooco, a firm boasting a complementary platform that analyzes the carbon footprint of buildings, from construction, through renovation, to end-of-life. To support the rapid expansion of its business and teams, maintain its innovative momentum, and support its entry into new markets, Deepki has appointed three new leaders to its senior management team. They are: Emmanuelle Nello, Chief People Officer Emmanuelle’s focus is on change management, reinforcing talent acquisition and development, and establishing the tools and processes necessary to fuel the growth of Deepki’s workforce.  Emmanuelle also oversees the Corporate Social Responsibility (CSR) and Diversity department, engaging all team members in significant projects that create positive impact, reflecting the company’s core values. Olivier Pin, Chief Product Officer Olivier is responsible for defining and organizing the entire product strategy, R&D, and management of Nooco’s teams, a company recently acquired by Deepki. His mission is to continue helping real estate professionals accelerate their transition to net zero through the Deepki and Nooco product range, by best anticipating their needs, while ensuring and developing Deepki’s technological leadership. Colin Brown, VP UK & Ireland, Head of Global Sales Leveraging his customer-centric and strategic vision, Colin leads Deepki’s UK, Ireland and Global sales teams from Deepki’s London office. He and his team are dedicated to bringing maximum value to real estate players and their clients by empowering them to improve their sustainability through robust, data-driven ESG strategies. Additionally, he will drive Deepki’s entry into new markets, including the Nordics and the Netherlands, which represent significant growth potential for the company. Vincent Bryant, CEO and co-founder of Deepki, comments: “We are incredibly proud to announce the appointments of Colin, Emmanuelle and Olivier. As the company continues its expansion, we remain committed to strengthening our senior management with top-tier professionals. Their extensive experience in senior leadership roles and international environments will be invaluable in Deepki’s continued growth. I am thrilled to welcome them to our team.” Along with these three key appointments, the company has also made four internal promotions: Philippe Parlange, as Chief Client Officer Philippe joined Deepki in 2020 as Head of Consulting Services before being appointed Head of Client Delivery. He has recently been promoted to Chief Client Officer, overseeing the entire team managing client relations. Philippe’s role is pivotal in guiding clients in the definition of their ESG strategies, ensuring outstanding client experiences that align with Deepki’s mission of accelerating the real estate sector’s decarbonization. He is actively involved in recruiting, structuring, and developing Deepki’s Consulting, Customer Success Management, and Energy Management teams to ensure high levels of satisfaction. Clémentine Hardy as  Partner Operations & Transverse Delivery Functions Leader After five years as Deepki’s Head of Customer Operations, Clémentine takes on the role of Partner Operations & Transverse Delivery Functions Leader, establishing and expanding a new practice within Deepki. In her new role, she leads the team in managing and deploying complex platform configurations and functionalities, ensuring both the solution’s quality and its seamless integration into the software ecosystem. Additionally, she organizes and conducts partner training, fostering satisfaction and loyalty through a relationship built on trust and expertise. Elise Jacques as Sr. VP Strategy and Transformation Elise has been promoted to the position of Sr. VP Strategy & Transformation after just one year at Deepki. Working closely with the CEO, she is responsible for M&A operations, exploring new business opportunities, and contributing to the structuration of new teams, projects, and processes, taking on interim management roles as required. She develops and structures a strategic approach to business intelligence, facilitating decision-making based on market and performance data across various regions to ensure the company’s growth and performance. Xana Muñiz as Vice President Southern Europe & LATAM Having joined Deepki in 2019 as Country Manager for Spain, Xana Muñiz has since expanded her role to cover the Iberia and LATAM regions. With a proven track record in these territories, Xana now takes on the role of Vice President Southern Europe & LATAM, continuing to support Deepki’s development in the Spanish, Italian, Portuguese and Latin American markets. Spain and Italy were the first two subsidiaries to open after Deepki’s founding in Paris, and today represent key markets for the company. About Deepki Founded in 2014, Deepki has developed a SaaS solution that uses data intelligence to guide real estate players in their net zero transition. The solution leverages customer data to improve assets’ ESG (Environmental, Social and Governance) performance and maximize asset value. Deepki operates in 52 countries, with over 400 team members across offices in Paris, London, Berlin, Milan and Madrid. The company serves clients including Generali Real Estate, SwissLife Asset Managers and the French government, helping to make their real estate assets more sustainable at scale. In March 2022 Deepki raised €150 million in a Series C funding round which was jointly led by Highland Europe and One Peak Partners. Other investors include Bpifrance, through their Large Venture fund and Revaia. Since then, Deepki has carried out strategic acquisitions including that of its principal UK-based competitor, Fabriq, and complementary SaaS solution, Nooco. For further information about Deepki’s end-to-end solutions, visit: deepki.com Building, Design & Construction Magazine | The Choice of Industry Professionals

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Smart Spaces wins Santander Technology Business of the Year at the Growing Business Awards 2023

Smart Spaces wins Santander Technology Business of the Year at the Growing Business Awards 2023

Smart Spaces announces today that it has won the Santander Technology Business of the Year at the Growing Business Awards 2023 – an annual event which honours the UK’s most outstanding entrepreneurs and high growth SME businesses. Smart Spaces won because the judges were impressed by how much it had grown in such a short period of time. Its smart building operating system (OS) is leading the market helping to support customers meet their ESG goals and has subsequently established the UK as a world leader in smart building delivery. Now in its 26th year, the Growing Business Awards took place at an exclusive gala and dinner ceremony on Wednesday 29 November at the Marriott Hotel Grosvenor Square in London. Dan Drogman, Smart Spaces’ chief executive officer, says, “Our ambition is to be the world’s leading smart building operating system for commercial real estate.  We’re rapidly realising this goal as evidenced by our recent business performance and the future pipeline of projects we’re working on. Winning the Santander Technology Business of the Year at the Growing Business Awards makes us extremely proud given it’s a respected external third party highlighting and endorsing what we’ve achieved.” Key success highlights Building, Design & Construction Magazine | The Choice of Industry Professionals

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CALCULATE ENVIRONMENTAL IMPACT

Two-Thirds of Architects now Calculate Environmental Impact

NBS’ 2023 Digital Construction Report reveals major drive for green metrics Today, NBS, the platform for connected construction information, reveals the results of its Digital Construction Report. The study explores the industry’s evolving relationship between digital technology and safety and sustainability – the sector’s biggest challenges. This year it showed two-thirds of professionals using digital tools to calculate environmental-related metrics, a sign that sustainable design is now intrinsic to construction processes. Significantly, four in ten use digital methods to understand the embodied carbon attached to a project – that is, the amount of CO2 emitted during construction. A similar figure (38%) also uses it to quantify the energy demands of structures and the components that go into them. There’s room for improvement, but the figures show a clear push towards lower carbon outcomes. Off-site on the up Continuing with the theme of sustainable construction, NBS also analysed levels of off-site construction, an area often associated with greener building practices, due to greater control of materials and waste. The results found that MMC (Modern Methods of Construction) continues to gather pace. Over half of professionals (57%) had been part of a construction project that had used or required off-site construction within the last year. This is an increase of 7% since 2021. This news comes despite the closure of several high-profile MMC factories. Delving deeper, manufacturers are the group most likely to be involved with MMC – 7 in 10 had worked with an off-site element, followed by nearly two-thirds of contractors (63%) and over half of consultants (58%). This increase could reflect an industry drive towards net zero as well as recent government backing for further standardisation within MMC. Living in the cloud The report also found that cloud computing is becoming further embedded within building practices, with four out of five now using it. The stats highlight the positive way technology is supporting collaborative working, with three-quarters using it to share documents and information with clients (77%). A similar number (74%) use it to collaborate with team members and produce 3D models, specifications, and other important documents. Taking full responsibility NBS’ Digital Construction Report also highlighted increases in the number of professionals following naming conventions when sharing information (77%, up from 2021 figures) – an area that can improve the organisation and management of data. Additionally, over half of respondents reported using interoperable formats like IFC, revealing the growing importance of easily shareable construction data. However, the report also showed that there are more opportunities to be unlocked by using digital technologies to help with compliance. The study found that only a third of respondents (34%) were involved with detailed responsibility matrixes (DRM), a process that sets out responsibility for each element of design to ensure greater accountability. Worryingly, this figure has dropped since 2021 (39%). Notably, this figure hovered at around half for architects. This comes despite increased levels of legislation attached to the Building Safety Act, such as the introduction of planning ‘gateways’ which requires a detailed breakdown of responsibilities on an individual level. Additionally, less than a third of suppliers (28%) currently use a PIM system to manage product information, pointing to information gaps in the construction supply chain. Nevertheless, well over half (56%) provide digital objects for the majority or all their products, a positive result. Commenting on the survey’s results, David Bain, NBS’ Research Manager, said, “The uptick in professionals seeking environmental-related metrics shows an industry putting sustainability front and centre. The drive towards Net-Zero has no doubt been a catalyst alongside the evolving legislative landscape – there’s never been a greater emphasis on the environmental impact of building practices. “The study has also yielded unexpectedly positive stats around off-site construction. Despite media headlines and high-profile factory closures giving the impression that MMC isn’t a popular choice, the results show a different story: more professionals are embracing off-site elements than ever before. “Overall, we’ve seen some marked improvements that the industry should be proud of. There’s an opportunity here to improve digital information sharing, for which professionals have a legal requirement. The ‘golden thread’ and the use of structured data is creating a safer future for all.” Click here for the full report 723 construction professionals took part in this year’s Digital Construction Survey, which included views from architects/engineers and other consultants, contractors, clients, and suppliers in the UK and beyond. Previously known as the NBS BIM Report, the study is a benchmark for changing attitudes towards tech adoption and new technologies. Building, Design & Construction Magazine | The Choice of Industry Professionals

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E.ON switches to FLS field force scheduling solution for UK operations

E.ON switches to FLS field force scheduling solution for UK operations

Dynamic scheduling software specialist FLS – FAST LEAN SMART has won a field service planning and scheduling contract for E.ON, one of the UK’s leading energy providers. E.ON is a leading installer of energy efficiency solutions including smart meters, solar panels, air source heat pumps, batteries and electric vehicle chargers. The FLS VISITOUR scheduling solution will improve efficiency and service for more than 1,000 engineers in E.ON’s Smart Field Connections team, tasked with completing 600,000 installations a year in addition to service appointments. With more than 5.5m customers, E.ON is a long-term user of scheduling software and benefited from this experience when selecting a next generation solution. Key to selection was also compatibility with its Microsoft Dynamics 365 Field Service solution. Lee Durham, Head of Technology, UK Solutions at E.ON, said: “Delivering net zero and creating a future energy system that is smart, personalised and sustainable demands engagement with customers on a level never seen before. E.ON is one of the leading installers of smart devices and low carbon solutions in the UK, meaning we need a system to schedule appointments in the most efficient and convenient way for our field agents and, obviously, for our customers.” “We wanted a mature solution with proven capability and integration with Dynamics 365 in order to achieve maximum value and to meet our timescale to be live within a few months.” Selection of FLS VISITOUR FLS VISITOUR will add critical value to E.ON by delivering enhanced real-time planning and scheduling capabilities. Twenty years of development and hundreds of customers across multiple industries has led to exceptional performance and flexibility that will enable E.ON to deploy automation and processes desired, and self-manage future configuration changes. Features of FLS VISITOUR that enable the most accurate routing include AI predictive traffic based driving speeds and appointment booking with the unique FLS PowerOpt algorithm to calculate the relative cost of each possible timeslot through real-time optimisation, not just white space filling in the diary. The result is more efficient routes that cut driving time and mileage and significantly reduce carbon footprints. Building, Design & Construction Magazine | The Choice of Industry Professionals

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YardLink ranked 41st fastest growing technology company in the UK in the 2023 Deloitte Technology Fast 50

YardLink ranked 41st fastest growing technology company in the UK in the 2023 Deloitte Technology Fast 50

The leading construction procurement platform attributes its 753% revenue growth to a fantastic team, valued customers, engaged suppliers and supportive investors YardLink, the UK’s leading construction procurement platform, today announced that it ranked 41st in the 2023 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. YardLink grew 753% during this period. YardLink’s CEO, Neeral Shah, said: “Back in 2018, we launched YardLink because we knew supply chain inefficiencies were an outsized cost to construction businesses. The industry had been slower to adopt digital tools, with many businesses using manual and time-consuming processes. For us, that lack of digitisation represented an opportunity for innovation.  “I’m proud to see how our team has been at the forefront of the tech revolution in the industry. Our digitisation of the supply chain has already made a huge difference to the bottom line of thousands of construction firms. I’m confident that being recognised as one of the UK’s Fast50 will pave the way for YardLink to have an even more transformational effect on the industry next year.” Kiren Asad, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The impressive growth amongst this year’s Fast 50 companies demonstrates the continued tenacity of the UK’s technology industry, despite ongoing economic headwinds, as it cements itself amongst the top locations for venture capital investment globally. “The Deloitte UK Technology Fast 50 awards acknowledge and showcase the talent and innovation of tech businesses across the country. The 50 fastest-growing UK technology companies, as ranked by Deloitte, generated £808mn in total annual revenues in the year 2022/23 and employed almost 15,000 people. The Deloitte UK Technology Fast 50 recorded an average four-year growth rate of 5,473 per cent.” Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Trimble Luckins and NG15 Collaborate to Provide PIM Capabilities to MEP Manufacturers

Trimble Luckins and NG15 Collaborate to Provide PIM Capabilities to MEP Manufacturers

Trimble Luckins is excited to introduce its new digital product data management solution for MEP manufacturers. ePim4Luckins is available from today and offers existing and new customers an easy-to-use portal for viewing, updating, and publishing product data directly to the LUCKINSlive network, including over 14,000 wholesalers, specifiers, and contractors across the UK. ePim4Luckins software was developed in collaboration with NG15 Ltd., developers of e-Pim and leading ‘product data information management’ provider to the construction industry. Bringing together the UK’s leading PIM software and the extensive reach of LuckinsLive product data syndication, provides manufacturers with a unique digital solution to control, edit, enrich, maintain, and quickly release product data directly to the end user.  ePim4Luckins includes self-service templates that are pre-populated with Trimble Luckins data, with access to the dynamic delivery platform. It’s further enhanced by a unique ROI dashboard which shows analytics for a manufacturer’s product information, highlighting usage statistics and product information gaps. ePim4Luckins also offers an award-winning datasheet tool, which generates dynamic product information on-the-fly into a single sell sheet for customers. “We’re really excited about the benefits this collaboration offers our manufacturer customers. The construction industry in general is calling on manufacturers to make their product information completely transparent and ePim4Luckins will help them on this digitalisation journey. It provides them with the tools they need to take complete ownership of keeping their product data up-to-date and start managing their data in a structured, compliant way,” says Kevin Gutteridge, Director at Trimble Luckins. Shaun Cranstone from NG15 Ltd. adds, “We know that investing in getting product information correct and complete will lead to increased sales. When you provide accurate information you provide a better buying experience, enhancing customer loyalty and growth. The ePim4Luckins analytics dashboard proves this, and manufacturers will have total visibility of how their product data is being consumed, and what they can do to improve it.” For more information on ePim4Luckins, visit go.trimble.com/epim4luckins.  Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Fordway Launches New Managed Archiving Service to Support Construction Companies

Fordway Launches New Managed Archiving Service to Support Construction Companies

Fordway, a UK Managed Service Provider and Microsoft Partner is pleased to announce the launch of a new Managed Archiving Service, which will help to transform the way construction companies handle their data archiving needs. The service is built on the success of Fordway delivering the managed archiving service for Fusion and BFK’s joint venture project. In today’s data-driven, digital world, the secure management of sensitive information and data has become more vital than ever before. Businesses across industries are finding themselves faced with the challenges of having a growing volume of data whilst ensuring compliance and regulatory requirements are met. Fordway’s new service has been created to address these challenges and help construction companies manage projects more efficiently. The Managed Archiving Service provides businesses with a long-term data storage solution essential for legal compliance, risk management, customer protection, dispute resolution and informed decision making. This can be particularly helpful for construction companies who are often on the road – travelling from site to site while communicating with developers as well as handling remote employees and a network of third-party vendors which will typically share data, files and information to keep the project running smoothly. Any errors occurred that stop construction workers from being able to access the data can delay projects significantly as well as rack up costs. Here are some of the reasons why data archiving is important for construction companies: At its core, Fordway’s data archiving service involves transferring inactive data to Microsoft Azure for long-term retention that is both efficient and secure, whilst also providing the ability for the customer to retrieve data as and when needed, with Fordway managing both the archive and the data recovery and retention. By investing in managed archiving services, construction companies can effectively manage their data and save money in the long run. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Zutec Accredited by New Homes Quality Board for its Quality Management Solutions

Zutec Accredited by New Homes Quality Board for its Quality Management Solutions

Leading quality management software provider for housebuilders and developers named as NHQB Accredited Supplier Today, leading construction and quality management software provider, Zutec, announces it has been officially selected by the New Homes Quality Board (NHQB) as an Accredited Supplier. Zutec is one of the first suppliers to offer a full suite of quality management (QM) solutions during the construction phase to housebuilders and developers registered with the NHQB in England, Scotland, and Wales. Zutec’s QM solutions include standardised digital templates for Quality Assurance Inspections, Snagging and Defect Management, Health & Safety Forms, Part L Photographic Evidence and Cladding Remediation.   Established to develop and implement a framework that oversees the quality of new homes and customer service provided by developers, the NHQB works to ensure consistently high standards across the industry. Its framework works to improve developer performance and provides redress for buyers if these standards are not met. NHQB’s Accredited Suppliers are carefully selected to support developers in meeting the requirements of the New Homes Quality Code (NHQC), and the scheme accommodates a diverse mix of companies that can support different budgets and sizes by offering a wealth of home-building expertise. “To be recognised as an Accredited Supplier by this not-for-profit organisation overseeing the quality of new homes is a hugely important step for us. As we work with housebuilders and developers to digitise their quality management processes to deliver better-built homes, we can help them remain compliant with the NHQB’s framework while also meeting other building regulation requirements, removing manual processes, improving on-site efficiencies, and reducing human error,” commented Gustave Geisendorf, CEO at BuildData Group, holding company for Zutec. Housebuilders and developers using Zutec’s QM solutions during the construction phase can conduct Quality Assurance and Health & Safety inspections, monitor real-time project progress as well as contractor performance, and share information with inspectors and assessors — all by using its cloud-based platform and field app. Zutec’s QM solutions also provide dashboards for management visibility, insights and reporting, so teams can be reassured that homes are being built to meet quality requirements the first time, every time.  Where issues may arise, these can be quickly identified, addressed, and remediated before plot completion, so quality homes can be built on-time and to budget, while reducing risk, and meeting NHQB’s requirements and the highest standards. Geisendorf continued: “Today, busy site managers spend an increasing amount of time using disconnected systems and paper-based QM processes, filling out paper forms and taking photos to meet regulatory requirements. This not only takes time but can mean mistakes are made along the way. By using Zutec, housebuilders and developers can take a consolidated approach to quality management, by using a single digital platform and field app, that standardises processes and templates, and provides consistency from site-to-site and plot-to-plot. Bringing everything together in one place, ensures all on and off-site teams have structure and can follow the same practice. As part of our NHQB Accredited Supplier status, we will work closely with NHQB’s Registered Developers to help improve the quality of their homes and customer services through digital processes.” To find out more about the NHQB and its framework, or how Zutec is helping customers with QM, please visit https://www.nhqb.org.uk/ or https://www.zutec.com/product/quality-management/. Alternatively book a demo and experience Zutec’s QM solutions for yourself HERE. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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First Mile celebrates five years of tackling contamination and providing end-destination reassurance through QR codes on 40 million recycling sacks

First Mile celebrates five years of tackling contamination and providing end-destination reassurance through QR codes on 40 million recycling sacks

This Recycle Week (16-20 October) First Mile is proud to celebrate the five-year anniversary of its RecycleID initiative – incorporating QR codes on 40 million recycling sacks across the UK and working together with its customers to tackle recycling contamination, boost recycling rates and reduce businesses’ carbon footprint.  Each First Mile customer has a personalised QR code, which is printed on its recycling sacks and scanned on both drop off and collection by First Mile. Customers can also scan their QR code using First Mile’s Smart Cities App to access their account and information.  This is particularly useful for businesses with complex waste management needs, such as multi-tenanted housing and shopping centres.    This technology has revolutionised the recycling process, enabling customers to access real-time data about the recycling’s end location, ensuring complete transparency and accountability. It also gives customers the opportunity to access their individual recycling statistics, enabling accurate carbon data and recycling reporting.  As each code is specific to a customer, the technology also means that any contamination issues – such as food waste being put in a dry mixed recycling sack – can be identified.  First Mile’s app sends a picture which is then emailed to the customer, alongside advice on how to resolve the issue.  Since 2018, First Mile has sent 200,000 contamination emails to customers, working with them to educate and support them in ensuring that the right items are being placed in the right sacks, fostering a sense of collective responsibility towards the environment.  First Mile founder and CEO, Bruce Bratley, says: “Since its inception, First Mile has been committed to promoting environmental sustainability and the introduction of QR codes on recycling bags in 2018 marked a significant milestone in our journey towards a greener future. These QR codes have empowered our customers to gain valuable insights in their business recycling activity and they have embraced this technology wholeheartedly, with around 40 million bags being scanned and tracked to date. This achievement is a testament to our shared commitment to sustainability and our customers’ dedication to making a positive impact on the environment.”  QR codes form part of wider focus for First Mile to empower businesses to improve their sustainability through data and education on their waste management, offering free waste audits, workshops and webinars, and help in setting up their recycling stations. For more information visit thefirstmile.co.uk  Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Endpoint Cybersecurity Systems to Secure 210 Million Industrial Endpoints by 2028; Driven By Critical Infrastructure Threats

Endpoint Cybersecurity Systems to Secure 210 Million Industrial Endpoints by 2028; Driven By Critical Infrastructure Threats

A new study by Juniper Research, the foremost experts in technology markets, has found that there will be growth of 107% over the next five years in the number of industrial endpoints featuring cybersecurity protection.   The research identified the rise of interconnected processes within the Industry 4.0 revolution as increasingly exposing critical industrial infrastructure to external threats; requiring wholesale changes in how industrial stakeholders secure their operations.  Juniper Research defines an industrial endpoint as any physical or virtual device that is connected to a network in order to send and receive information in an industrial setting. Find out more about the new report, Global Industrial Endpoint Cybersecurity Market 2023-2028, or download a free sample. Rising Threats to Accelerate Industrial Endpoint Security Spend The research found that industrial endpoint cybersecurity spend will reach $7.8 billion by 2028; rising from $3.8 billion in 2023. This rapid growth of 105% demonstrates how quickly the market is evolving, and how industrial endpoint cybersecurity is rapidly becoming a priority for cybersecurity vendors.  Research co-author Nick Maynard commented: “As more processes become connectivity enabled, the threat environment within industrial settings is exponentially increasing. Cybersecurity vendors must partner with key industrial IoT vendors to better secure this problematic area.” Are Industrial Vendors Sufficiently Prepared for Evolving Threats? With the research forecasting 21% of industrial endpoints to be protected by endpoint cybersecurity services by 2028, this is ultimately a very low proportion of total industrial endpoints. As such, industrial stakeholders must move much faster to secure their critical operations, or they will face spiralling threats from nefarious actors. Boosting visibility in the industrial supply chain and optimising cloud security for critical operations will be vital to ensuring greater protection levels.  About the Research Suite     The new market research suite offers the most comprehensive assessment of the industrial endpoint cybersecurity market to date; providing analysis and forecasts of over 20,000 datapoints across 60 countries over five years. It includes a ‘Competitor Leaderboard’ and an examination of future market opportunities. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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