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26/2/2020
21:22 forestfred: :-) AECOM's annual Global Challenge spurs tech innovation among employees Permission granted by AECOM, Kourtney Easterly By Jenn Goodman Published Feb. 26, 2020 Like many large contractors, AECOM challenges its employees to come up with technological innovations that can benefit its projects and its clients. For four years now, the Los Angeles-based firm, the fourth-largest contractor in the country by revenue, has hosted an annual Global Challenge, in which participants have 25 days to develop and submit ideas through an online system. That's followed by a peer-voting process designed to explore the concepts' viability through market research, early-stage testing, business planning and prototyping. CONSTRUCTION DIVE Want news like this in your inbox? Sign Up This year’s challenge, which got underway earlier this month, is focused on addressing issues in the areas of urbanization, infrastructure, data strategy, generative and efficient design, resilience and ecosystem restoration and protection. Participation is open to all of the company's 56,000 employees. Past teams have included engineers, architects, scientists, planners, consultants, administrators, analysts and functional experts, according to Todd Orenstein, vice president of AECOM Ventures. The winners of the competition receive resources to accelerate their solutions from concept to minimum viable product and commercialization, Orenstein said. The most successful groups have been multidisciplinary teams that combine deep technical expertise with marketing know-how and commercial savviness, he added. “It’s one thing to say you think a solution will be really valuable to a client, it’s another thing to show evidence that a client is willing to pay for it,” he said. Since launching the Global Challenge AECOM has implemented more than a dozen ideas. These include: The web-based Rosetta platform that improves energy portfolio planning. A machine learning model using immersive imagery to classify infrastructure assets. New technology to optimize and predict maintenance needs for sewer and wastewater projects. The 3D printed CNCT Arch that streamlines installation of railway data communications systems (shown in photo above). The predictive analysis Mobilitics tool that helps cities plan for the adoption of connected and automated vehicles.? Making an impact In addition to the Global Challenge, AECOM has implemented other ways to encourage in-house solutions, including Mindblazer competitions that look for rapidly implementable ideas that can help a specific team or project. A group called Innovation Agents meets once a month to facilitate conversations across offices and specialties. “It’s really all about generating smaller ideas that we can implement really quickly and have a big impact,” said AECOM's Orla Pease, vice president, Digital & Innovation DCS Americas. Another program that encourages employees to create one-minute videos about their ideas innovation
If this was transfer day then Dan coming on board was the shock of the window. It appears that he’d been in a snr position in aecom and may have been in Bristol for the investor day.
So why would he leave a significant global company for VRS? Given we hold the purse strings very tight that’s a significant announcement that I feel may have others looking very close
I know nooothing
I think the tyres will only come into their own with the EV's Robin due to battery weight causing wear and early replacement. Don't think the tyre companies will want to go down that road unless they are forced to do something about the micro plastics that they produce.
Most interested in aecom and the arch with Dan moving over, there is a reason for it I am sure but not apparent yet and would like to see something on the oil and gas as they were working on that Q1.
Jan 2018 LOI Jinan , put back for a better deal.
26/3/18 Collab with world leading aerospace firm
16/4/18 European tyre manufacturer initial order 500g....?
8/6/18 ArrowGreenTech inks and tyres
20/8/18 AXIA collab 2 days before AECOM. AECOM already done testing prototype, so what about AXIA ???
18/10/18 Advanced Insulation sub sea materials ?
15/11/18 ORDER by MAJOR Global Airline to supply nano platelets FAA authorised.
I have left anything done within 12 months.
Whats going on with the above. AXIA was a bug deal at the time.
One long term holder has dumped their shares aggressively and others will be picking them up but that is why all of the fomenting goes on to shake out shareholders and get them to lose money and gloat over it, unpleasant way of making money and off they will go and spend it on something they don't need with their profits.
Always the time to buy when there has been such a dive.
Hopefully dcta holders won't be impacted so much and it will only be taken down to the huge gap at 75p but be wary as there are some about that will drive it down if that is their wish.