The Chan Zuckerberg Initiative: Top 8 facts
Renowned for launching social media giant Facebook, Mark Zuckerberg has become an influential icon for both start-up companies and successful businesses alike. With the launch of the Chan Zuckerberg Initiative, the organisation aims to invest in the long-term future of communities by undertaking vital research in areas such as science, technology and education to ensure each individual can reach their full potential and live in a more modern, advanced and beneficial future.
Take a look at our top 8 facts regarding the initiative
- The main goals for the initiative are to “advance human potential and promote equal opportunity” through research undertaken. Zuckerberg and Chan plan to heavily invest approximately $3 billion to tackle issues within science, technology and education.
- The duo has bought on several influential names on board. Cori Bargmann is leading the Chan Zuckerberg Science strategy, involving the undertaking of research to manage and effectively treat diseases so that illness within future generations is reduced or treated swiftly. A renowned neurobiologist and geneticist, she also co-chaired the BRAIN Initiative.
- A science advisory board is also part of the organisation, whose world-class expertise will support and shape project research undertaken, alongside the Chan Zuckerberg BioHub, which has incorporated a large number of scientists, engineers and physicians within a self-contained research centre.
- With regards to technology, PhD Brian Pinkerton has been bought on board to develop new technologies which will provide new ways in which future communities can thrive, and is responsible for the world’s first internet based search engine, named WebCrawler.
- The organisation has embedded an education strategy, with the goal for each individual to benefit from the initiative’s breakthroughs and gain world-class education. Previous Deputy Secretary of the US Department of Education Jim Shelton is responsible for delivering the organisation’s education strategy and the development of new products and personalised technologies to support students, teachers, communities and organisations.
- The organisation has recently pledged their support for the Silicon Valley Regional Data Trust and their creation of the DataZone, an integrated system for teachers and users to ensure collaboration within schools.
- With a background in technology, Zuckerberg is clearly keen on developing further technologies to not only bring communities together, but to provide long-term advantages in the future and build new platforms for scientists to utilise.
- The organisation has recently acquired AI company Meta, which effectively supports the healthcare industry through revolutionary technologies. Bargmann has stated: “Meta’s tools can dramatically accelerate scientific progress and move us closer to our goal: to support science and technology that will make it possible to cure, prevent or manage all diseases by the end of the century. Meta will help scientists learn from others’ discoveries in real time, find key papers that may have gone unnoticed, or even predict where their field is headed.”
For further information: https://chanzuckerberg.com/
Read the January issue of Business Review USA & Canada here
Intelliwave SiteSense boosts APTIM material tracking
“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.