Virtual Training May Be Solution to US Unemployment
The Bureau of Labor Statistics reported this week that, although the US unemployment rate is high, there are 3.7 million job openings still available. What is preventing these positions from being filled? The US workforce’s lack of training, suggests the Bureau.
ON24, a leading technology company that provides virtual and webcasting solutions, has announced that its newest social media tool which includes a Cover Flow widget for virtual training through webcasting, could be a solution to these hard times.
“Cover Flow enables the addition of a playlist of on-demand videos to a webcast and features a carousel-style presentation that creates a visual content library. The widget allows the audience to browse thumbnail images of the videos and then play them immediately within the webcast environment, increasing engagement and helping to deliver a cohesive story by providing relevant background and/or refresher information,” said ON24.
Virtual training can be an effective solution to training problems. According to a survey of professional trainers, 88 percent stated virtual training lowers overall training costs while 85 percent stated they believe virtual corporate training is more convenient than in-person training.
“With these new widgets, we are enhancing the power of virtual communications solutions for enterprise business applications,” said Tom Masotto, vice president of product management at ON24. “Our focus is on building widgets to support employee training and collaboration specifically.”
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ON24’s social networking widgets that integrate with ON24 Platform 10 additionally include Salesforce.com Chatter, VMware Socialcast and Microsoft Yammer thus improving social networking opportunities during online events hosted by ON24.
“Social media is playing an increasingly important role in enhancing the effectiveness of enterprise webcasting,” said Steve Vonder Haar, senior analyst with Wainhouse Research. “By providing tools that enable the integration of enterprise social media applications, such as Chatter, SocialCast and Yammer, ON24 is supplying solutions that make it easier for employees to be engaged with virtual events and corporate webcasts.”
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.