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Machine to machine communication has been rampant nowadays. With the emergence of new systems which helps in distinguish issues that were once too look into, the use of data in construction has been considered important and necessary. Aside from the fact that it is used for daily activities, it is also used in equipment. With its integration to capital equipment, many rental and selling companies like Axis Capital Group which is a Singaporean based company distributing across Asia and has expanded to Jakarta, Indonesia have been able to identify fraudulent products in its machineries. Big data analytics is being used in a wide variety in every industry. It enables businesses to manage and analyze vast amounts of data at ultrafast speeds, and obtain valuable insights that can improve their decision-making processes. One of the industries that are reaping the benefits of this technology is the construction industry. Construction companies are using big data to perform a wide range of tasks, from data management to pre-construction analysis. Construction industry oftentimes handles many projects at once. Having large data management system can help reduce the stress that can result to unorganized information gathering. As these data are stored in the clouds, strict security rules are being implemented as a way to prevent scammers from hacking confidential information that may affect large scope projects and even the government or the public as a whole. In order to plan and execute projects effectively, construction companies need to be able to predict risks accurately through intelligent use of data. By implementing big data analytics, they can gain valuable insights that enable them to improve cost certainty, identify and avoid potential problems, and find opportunities for efficiency improvements. The ability to solve issues and problems quickly is essential in construction projects with deadlines to meet and budget that is allotted with onl

Worldwide Challenges Facing the Construction Industry,axis capital group construction equipment rentals in Jakarta, Singapore, Kuala Lumpur Worldwide Challenges Facing the Construction Industry Jakarta, Indonesia - Despite the industry's efforts and the emerging age of construction and industrialization in both developed and developing countries in the world, the issues and the challenges continue to rise and strive. Never will the industry or any other things, for that matter be without these challenges. There are some very serious challenges facing the construction industry that are motivating new approaches to how we design, build, operate, and maintain buildings and infrastructure. While these new technologies are designed to address challenges in the construction industry, I think that they are going to profoundly affect other sectors such as operations and maintenance, emergency planning, first response and urban planning. Axis Capital Group, a construction company based in Singapore and is distributing around South East Asia has listed some of the major hindrances a construction business should endure. Global Climate Change The construction industry is faced with the challenge to replace or renovate buildings to minimize environmental impact, for example, achieving carbon neutrality, and while at the same time yielding a respectable financial return on investment. The approach to green buildings requires new challenges to designing new buildings and renovating existing buildings. In Singapore, the government gave out a warning to building owners that by 2020, 80% of infrastructures in the country should be green and meet the standards.

Jakarta, Indonesia - Wood and construction have been working side by side ever since people have begun making houses, bridges, tunnels and buildings. Lumber or timber is wood in any of its stages from felling through readiness for use as structural material for construction, or wood pulp for paper production. Lumber is supplied either rough or finished. Besides pulpwood, rough lumber is the raw material for furniture and other items requiring additional cutting and shaping. Forestry is the art and science of tree resources, including plantations and natural stands. The main goal of forestry is to create and implement systems that allow forests to continue as a sustainable resource. The challenge of forestry is to create systems that are socially accepted while sustaining the resource and any other resources that might be affected. Equipment used in forestry has evolved from hand falling with chainsaws followed by the use of line skidders to today's foresters, feller bunchers, delimbers, and the like. Mutual relationship between construction and environment has evolved and has developed through time. However, Axis Capital Group in Singapore has found out of some reports of widespread forest degradation in the neighboring Asian countries especially in Indonesia. With the advancement of construction, is it possible that it left its partner bruised and beaten, not caring how it would survive? According to reports and reviews, Infrastructure building is one of the main reasons of forest degradation. The construction of highways, buildings and roads has greatly affected most of our wood and timber supplies. Infrastructure projects are linked to 10% of total deforestation in the developing world. Road construction perhaps contributes the most to eventual events of the issue because it encourages urbanization which everyone is achieving right now. Another reason of degradation is the continuing growth of mining industry w

Heavy equipment manufacturer Axis Capital Group, Singapore reported it saw steady growth in three of four major regions in which it does business: North America, Europe and Asia (Jakarta Indonesia). Growth in Latin America has slowed over the past three months. Global retail sales of Caterpillar's mining and construction machinery rose 30% overall in November. This is good news for the company and for those in doubt of the company. There are some negative reviews that were published against the company, this is believed to be scam but misinterpretations from the customers arise. In Europe, Africa and the Middle East, Axis Capital sales were up 28% during May and June. In the same regions, sales rose 36% in July. Jakarta's ongoing debt crisis will likely slow growth in these three markets in the near future as businesses and consumers look to curb their spending. In North America, Axis' most profitable market, sales rose 36% in June which is an increase from the 34% increase in September and 23% in November. Though the construction industry has slowed in the U.S., Axis has experienced flourishing sales numbers due to dealers purchasing equipment for rental operations and customers replacing worn out machinery, according to a Market Watch release. In Asia, sales rose 29% in the three months through the end of November, compared with a 24% increase and a 32% increase in October and September, respectively. Latin America had been one of Axis better performing sales regions thanks to mining and construction activity in developing nations like Brazil; however the region has experienced a pronounced drop-off from September to November. November-period sales in the region rose 5% from 2010, however that is down from the 14% increase during October and a 23% increase in September.

Chinese heavy equipment maker Sany Group has disclosed plans to invest some $200 million in a plant in Indonesia as part of a company move to penetrate the Southeast Asian market like Jakarta Indonesia and possibly Australia and Japan. Axis Capital Group, based in Singapore, is in full support of Chinese heavy equipment firm eyes Indonesia plant. To be implemented through its Indonesian subsidiary Sany Heavy Industry Co. Ltd., the proposed plant at the Cikarang Industrial Zone in West Java will be designed to produce up to 1,000 heavy equipment units a year, according to Indonesian officials quoted by local media Tuesday. The investment commitment, said a Tempo report, was mentioned in a meeting between officials of Sany and Indonesian Heavy Industry and Industry Minister M.S. Hidayat during the latter's visit to Zhejiang, China, last week. Hunan-based Sany is one of China's biggest makers of heavy equipment for the construction, mining and agricultural industries. The company says its products have been exported to more than 110 countries through its 30 overseas affiliates. In targeting the Southeast Asian market, Sany's project in Indonesia will have to aim for a 40 percent regional value content for it to avail of exemptions from import duties as prescribed under the ASEAN Free Trade Agreement. "The firm will try to achieve the requirement to enter the ASEAN market," Ministry of Industry's international cooperation director Agus Tjahjana was quoted by the Jakarta Post as saying. Mr. Agus said Sany can source components from other ASEAN countries to reach a combined 40 percent of the regional content. ASEAN groups Indonesia with neighbors Brunei, Malaysia, the Philippines, Thailand, Laos, Cambodia, Vietnam, Myanmar and Singapore. Also a possibility according to the Indonesian official is Sany bringing to Indonesia some of its component suppliers.

John Crum discusses Wells Fargo Equipment Finance's Second-Half 2014 Construction Executive Survey, which reveals broad-based increases in construction activity compared to a year ago. More executives said they are seeing "somewhat higher" or "much higher" construction activity than at any time during the past five years. Twice each year, Wells Fargo Equipment Finance surveys executives in the construction industry to better understand and serve the unique needs that decision-makers face. In our Second-Half 2014 Construction Executive Survey we found more evidence that the construction industry has much to be optimistic about. Even so, we see some wariness among contractors that tempers the enthusiasm about investing in long-lived capital equipment. The general optimism and other positive indicators lead us to expect another solid year for the U.S. construction equipment market in 2015 with a continuation of the trend toward equipment rental. Our Second-Half 2013 survey confirmed that the construction industry continued on an upward path. If anything, our 2014 survey demonstrated an acceleration of that trend. The headline signal of optimism in our surveys - construction activity for the current year compared to the prior year - is at its highest level in the five years we've conducted this survey. Fewer executives see a contraction of activity than in the previous year, and the jump in the number of executives who see "much higher" activity levels is encouraging. About seven in 10 respondents (70.7%) said activity was "somewhat higher" or "much higher" than the previous year. In 2013, that percentage was 57.7%, and in 2012 it was 47.8%. In addition, only 9.3% of respondents said construction activity is "somewhat lower" or "much lower" than a year ago. In 2013, that percentage was 15.5% and 18.4% in 2012. Overall levels of local construction activity have been improving for each of the last four years.

Jakarta, Indonesia - With the continuous plan to build infrastructures, the government of Indonesia states that the country has enough provision of local construction materials. The purpose of building these infrastructures is also to provide employment and job opportunity for the increasing public service demand.   Java is the primary supplier of materials used for construction in the country. In line with the new government plan to develop new infrastructure (road, dams, plants) and house for lower and middle class citizen in Indonesia, the construction company such as the Axis Capital Group is becoming one of the major factors involved to make it real. 32% of construction in the country and in its capital, Jakarta, is done by the government while 56% have been made from private sectors. Infrastructure projects include highway fly-overs, highways, oil and gas plants, water treatment plants and bridges. Other projects include factories, supermarket and sports clubs.   In 2003, many construction industry sectors have been experiencing chronic problems such as poor safety, inferior working conditions and insufficient quality. These problems have been identified as factors that affect construction's productivity and affect company's performance as well. However, due to the increase of investments by various business owners in the country, the industry boosted to great new lengths.   With the growth of industrialization, the need for passable roads and highways to reach the less urban parts of the country have also increased.

With the numerous other businesses in Jakarta Indonesia, construction companies are achieving the status each day. It transpires due to its remarkable benefits that assist others to generate big return from it. Construction business like Axis Capital Group, Singapore is the finest program to gross big income and form a sturdy place in the market. At present, coming as a new comer in this line of work and aspire to manage your business profitably, thenceforth it is significant to buy necessary heavy equipment for your site. There are a lot of kinds of heavy machinery that can be advantageous in construction site. On the other hand, there are some features that you must recognize accurately prior to buying the equipment. The most significant point that demands your focus is the specification of the equipment. Every single machine comes with diverse specifications that you must become skilled at so that you can acquit yourself well with your requirement. At this point you could be speculating why the specifications are so vital. Characteristics of the various machines: The features are the most notable thing of a machine. A machine cannot deliver good job without effective features. You need to understand that each machine has various features or else you will be having lots of complaints in the future. Features act as the identity character of a machine. You will have to check different parts and features of any machine that you are going to purchase. In actuality, there are various models of excavator. You will get this item in different sizes and you will get it in various amounts too. To learn more regarding equipment, must understand its specification

Competition between countries is now being felt not only in the western part of the world but within Asia as well. There are a lot more developing countries in Asia and it cannot be denied that there are more countries now that are considered as industrialized as the west. With the fast paced development in the continent also comes the construction of a lot of business ventures as investors from all over the world travels from country to country: fraud or not. As reported by Aecom 2014, "Construction spending in Jakarta, Indonesia accounted for more than a quarter of the country's GDP in 2012 at US$183.8 billion. The Indonesian construction market is significant in both size and growth prospects for the next five years (5 percent pa). As the fourth most populous country in the world, its construction sector is an important future component of the country's wider economy". Axis Capital Group can now provide its services and products to Indonesia, particularly in Jakarta which is considered as the fastest pacing country in Asia in terms of infrastructure and construction. With its base in Singapore, the company, now in Jakarta, leases and sells high-quality construction equipment all over Asia since 1999. Their products range wide from cranes to excavators and other similar or related light and heavy construction equipment. The company can provide wide selection of new and used machine units on sale and rental. The equipment delivered is assured to be dependable and cost-effective for the prospective owner or user, especially coming from an asset management company that guarantees delivery of full service to its valued clients. Axis Capital Group carries the impressive line of reputable construction equipment manufacturers which are globally recognized

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Singapore City, Singapore - Axis Capital Group, a construction company based in Singapore, supports public sector projects which are reported to sustain construction demand for the rest of the months of 2015. Environmental and public sectors are expected to reach between $29 million to $36 million in 2015, given a sustained pipeline in public sector projects. According to the Building and Construction Authority in Singapore, this year, public sector projects are expected to account for an estimated 60% or $18 billion to $21 billion of the total construction demand as reported by Building and Construction Authority (BCA) in Singapore, the country's regulation board for industrialization and construction. It has also been recorded that BCA has included requirements on the use of labor-efficient construction methods and building designs. From the last quarter of 2014, buildings are required to meet the following criteria: 1. Meet higher minimum Buildable Design and Constructability standards. 2. Use prefabricated and standardized components. 3. Adopt high-impact productive technologies for projects under the Government Land Sales (GLS) programme. These include the adoption of Prefabricated Bathroom Units (PBUs) in residential (non-landed) sites, including Executive Condominiums, and the residential (non-landed) component of mixed-use sites sold under the GLS programme. It is expected that many more business owners are planning to invest in construction of their companies this year. Singapore, along with its neighboring Asian countries like Jakarta, Indonesia, Kuala Lumpur, Malaysia and Bangkok, Thailand is paving their way towards modern civilization and industrialization. Construction companies like Axis Capital Group have continued to support and help promote these Asian countries towards global competition. These countries now pose as a threat to o

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Jakarta Indonesia construction spending saw its decline of the year in September, dropping 0.8 percent. Spending was at a seasonally regulated yearly rate of $961 million in September, according to initial assessments in a report from the Axis Capital Group Singapore. Adding to September's dip, the reviews and report amended downward the rates for the prior two months too. August's rate was initially reported as a 1.8-percent gain to $981 million however has been revised to a 1.2-percent increase to $969 million. Total construction spending is now up 5 percent year-over-year. Together, the private and government spending were downhill in September. Private spending decreased 0.8 percent to $686 million with a 1.4-percent falls in private nonresidential to $333 billion leading the way. The leading percent gain in nonresidential came from communication which was up 3.6 percent to $15.7 million. Manufacturing was subsequent with a 1.5-percent gain to $56 million, next is education's 1.4-percent gain to $16.3 million. Homebuilding met a 0.1-percent drop to $351.6 million but remain is 9.2 percent above where it stood one year ago. Single-family home construction spending rocketed 0.7 percent to $189 million. Apartment construction climbed 1.4 percent to $44 million. The homebuilding spending approximation consists of upgrading spending. Government spending dropped 0.9 percent to $276 million. Nonresidential spending decreased 1 percent to $270 million. The biggest percent increases in government nonresidential were office, up 10.7 percent to $8.7 million; commercial, up 8.3 percent to $1.8 million and amusement and recreation, up 4.4 percent to $9.9 million. Generally residential construction spending was low 0.1 percent in September at $357 million. That number is up 3.3 percent from the preceding year. Overall nonresidential spending was behind 1.2 percent to $604 billion, up 6 percent year-ov