Urbanisation is now becoming the most happening global phenomenon. According to the United Nations report, about 68 per cent of the world's population will reside in urban areas by 2050. More and more people will be migrating to the metro region, putting more pressure on urban planning. Policymakers will need to optimise the management of their communities to create sustainable economic stability. We are living in the age of smart cities with rapid advancement of connected devices, software systems, and information communications technologies.
The current pandemic has brought hard economic challenges, forcing many workers and equipment to be idle. Unfortunately, this could have long-term effects months or years after markets open up. Industries must do what they can now to make the most of this difficult situation and retain value where possible. An important key is to protect idle assets from corrosion, so equipment is ready to start up quickly when workers come back on the job.
Captech Technologies, a Capacit’e Infraprojects Group associate company, recently launched India’s first multi-lingual construction tech platform – eFORCE – to bridge in the gap between general contractors and project developers, migrant labour contractors and specialised vendors.