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As technology improves, businesses are under more and more pressure to have access to real-time data and business intelligence to make quicker decisions. Because of its heightened accessibility, cloud computing is paving the way for companies wanting to streamline processes and do away with dated technology. What is Cloud Computing? Cloud computing is the idea of using the internet to…
By Daniel Oaks of Nieslon, Hoover & Company, Inc. The surety market is a market of cycles. Similar to the insurance market, the surety market has its ups and downs or its hard markets and soft markets. However, the insurance and surety market do not necessarily coincide. As a contractor, it is important to understand these cycles and specifically how surety cycles impact contractors. Understanding How Different…
Preventative Maintenance Programs for construction equipment save contractors time and money. Are you leveraging the most advanced equipment maintenance tools to maximize your profits? Unplanned Maintenance vs. Planned Maintenance There are two types of maintenance – planned & unplanned. Unplanned maintenance includes machinery breakdown or emergency maintenance for project equipment like crawler excavators, wheel loaders or dump trucks. In these situations,…