Two things that my wife loves are good food and nice purses. In 2020, those two options became exclusively available, for the first time, online. While our personal airline and hotel expenses declined by 100%, our e-Commerce and food delivery bill mushroomed.
Author Archives: Champ
The $400 Billion Market Part III: Opportunities in Construction Analytics
In our previous posts in this series, we established a case for construction technology due to severe labor shortages, and discussed two primary challenges as market fragmentation and complex market structure. We then looked into a number of automation-related opportunities involving site preparation and foundation phases of the construction process, focusing on construction surveying andContinue reading “The $400 Billion Market Part III: Opportunities in Construction Analytics”
The $400 Billion Market Part II: Opportunities in Construction Automation
In Part I, we explained that the construction industry is experiencing heightened demand primarily from the residential and infrastructure segment, an aging workforce that is retiring, and the challenge to attract younger generations. These factors lead cumulatively to a severe labor shortage and rising labor wages that are constricting an industry historically operating at aContinue reading “The $400 Billion Market Part II: Opportunities in Construction Automation”
The $400 Billion Market Part I: The Case for Construction Automation
In 2018 my friend excitedly mentioned that he and his wife were looking to buy a house. Finding a new home would end up taking them another 24 months. Maybe those of you who are living in the San Francisco Bay Area have had a similar experience involving an excruciatingly painful journey to bid, getContinue reading “The $400 Billion Market Part I: The Case for Construction Automation”
Myths and Realities of Automation and Labor Shortages
This is the introduction to a series of articles Creative Ventures will be publishing on the topic of Labor Shortage and Automation. The pandemic has brought discussions of automation front and center once again. In our new contactless, socially distant world, automation has allowed operations to continue and has accelerated trends in industries where laborContinue reading “Myths and Realities of Automation and Labor Shortages”