May 19, 2020

Amazon’s new HQs and Operations Center will bring $5.2bn investment

Amazon
investment
Ecommerce
Cloud
Block Scientific Inc
2 min
Amazon’s new HQs and Operations Center will bring $5.2bn investment

In a much-anticipated decision, e-commerce giant Amazon has named the location of its headquarters – in fact, two headquarters and an operations center – in the US.

It has chosen New York City and Northern Virginia for its next HQs and Nashville for a new Operations Center of Excellence. In total, the company will receive up to $2.2bn in performance-based incentives in the three locations it is building new offices.

Across the two headquarter locations, the company will invest $5bn and create more than 50,000 jobs, with a fairly even split across both locations.

 

See also:

Amazon’s deal to carry more Apple stock could boost holiday sales

Amazon becomes second US company to hit $1trn valuation

North America edition of Business Chief – latest issue out now!

 

The New York location is set to benefit from 4mn sq ft of energy efficient office space, which reportedly has the potential to increase to 8mn sq ft – this is set to bring an incremental tax revenue of more than $10bn over 20 years. If the company, as planned, creates 25,000 jobs in Long Island City, NYC, it will receive performance-based direct incentives totalling $1.525bn.

Bill de Blasio, Mayor of New York City, said: “This is a giant step on our path to building an economy in New York City that leaves no one behind. We are thrilled that Amazon has selected New York City for its new headquarters.”

Meanwhile, the Operations Center of Excellence in Nashville is set to create more than 5,000 jobs and will bring in $230mn of investment. The company, which now has three HQs in Seattle, NYC and Virginia, will therefore be investing a total of $5.23bn as of today’s announcement.

Jeff Bezos, CEO of Amazon, said: “We are excited to build new headquarters in New York City and Northern Virginia. These two locations will allow us to attract world-class talent that will help us to continue inventing for customers for years to come. The team did a great job selecting these sites, and we look forward to becoming an even bigger part of these communities.”

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Jun 18, 2021

Intelliwave SiteSense boosts APTIM material tracking

APTIM
Intelliwave
3 min
Intelliwave Technologies outlines how it provides data and visibility benefits for APTIM

“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.

We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time  spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.

Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate. 

With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.

There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.

Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture. 

It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.

Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.

On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.

As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.

A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.

 

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