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In the beginning of the new millennium, the construction equipment market seemed to be at a crossroads, as existing equipment technology gets hold of a highpoint and new technologies started to arise. Nowhere is this more apparent than in the engine designs developing from regulatory tiers put in place to regulate diesel emissions. New and more highly engineered power sources have materialized with each tier, allowing equipment performance and functionality that some would have called impossible a decade ago. (Axis Capital Group is servicing Southeast Asia countries such as KL Malaysia, Beijing China, Jakarta Indonesia and many more.) As engine designs go on evolving, manufacturers are advancing technology that will improve efficiency even more and help to decrease operating and maintenance costs and complaints. Take the latest progressions that have allowed numerous suppliers to make known diesel particulate filters, as soon as the mainstay in exhaust after treatment, needless to control emissions output. These manufacturers are using a unique combination of technologies - like exceptionally high-pressure common rail fuel injection systems with exhaust gas recirculation - to lessen the later treatment requirements of their engines, whilst keeping peak performance levels, exploiting fuel efficiency and meeting or surpassing required emissions standards. Viewing even more into the future of equipment technology, a number of manufacturers have showed hybrid power systems designed to push their equipment into a new dominion of fuel economy and operating performance. Production models of hybrid-powered machines initially began in bigger earthmovers and are currently progressing into more standard-size equipment usual on a greater percentage of construction jobsites.

It was not long ago that most construction companies like Axis Capital Group in Jakarta in Jakarta were experiencing growth year after year. Axis Capital Group is based in Singapore. Companies expanded; competition increased and margins shrunk. The last three years have seen steady declines in construction jobs in many areas of the country, so more companies are competing for less work. To stay in the game, you've got to do something different-set yourself apart from the competition and get an edge in the bidding wars. Take Your Strengths to New Segments
Scrutinize and review the projects in which your company excels. Look for other types of jobs that would benefit from those same strengths. Home remodeling is soaring in most areas. In some regions, healthcare construction is up over 200 percent. Get on at least three new bid lists that are not in your comfort zone. Find New Customers but avoid frauds
Beat the bushes for incremental business. Home improvement stores partner with lots of independent contractors-get on their lists. Look at your crew-if they have special skills, leverage them by bidding for something new. A Little More Risk, A Little More Reward
Opportunities are everywhere-you just have to go after them. Why not find a great deal on some real estate and fix it up? You can rent it. You can flip it. It all adds to your bottom line and company growth. Engage Employees in Revenue Generation and Cost Reduction
Set achievable revenue and cost-reduction targets. Be honest with your team about where you are and where you need to be. Ask for their help. Incent them by allowing them to share in the returns. Your people have good ideas. Make it a regular habit to bring everyone together to share them. Explore New Technologies
Telematics is taking the industry by storm. Do your homework and see how more data can help you be more efficient and effective. Multiple so

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