Throughout the history of American industry, the businesses that have shown the most staying power have been those willing to adapt to the times. Macy’s hasn’t been in existence for multiple decades by offering the things they offered when they first opened their doors. Instead, they have stayed on top of the current trends and tailored their inventory to the fashions of the time. The banks that have been around for decades and decades are those that adopted mobile banking, set up new programs for loans and changed their approach towards marketing to customers. The point is that the most successful businesses have been those willing to change with the times. When American society changes these businesses change with it.
Today, the vast majority of changes that businesses should be making center on technology. With such a large portion of Americans owning smartphones, tablets, computers, email addresses and the like businesses today need to figure out ways to use these technologies for their benefit.
A great way to highlight this point is to look at industrial construction companies. The industrial construction companies in existence today that will still be here in fifty years are those that are embracing technology. They are the companies that have equipped all of their equipment with GPS trackers. They are the companies that have given all of their employees smartphones and tablets so they can update jobs when they are complete. And they are the companies that are using powerful technologies like satellite tracking, database management and advanced analytics to better understand how their company works.
By using all of these new technologies industrial construction companies are able to gain a better understanding of all of the moving parts of their business. For example, if they operate a huge number of projects on a global scale they can use the technologies of today to track the progress on each job site. When a set of specialized workers, such as pipe fabricators, are done at one job site, the company can hop online, look at their sites around the world and ship their pipe fabricators to the site that needs them most. They can track where all of their equipment is and move it to the highest priority areas in the shortest amount of time. In essence, they can understand what things are need in which place and at which time. This allows them to run more effective projects, to stay within their deadlines, to streamline their spending and to, ultimately, increase their productivity and profits.
Turner Industries is one of the industrial construction companies that fully grasps the integral role technology can play in their business. They have whole sections of their website dedicated to explaining the ways in which they are using advanced technology to grow and run their business. They can provide real-time updates to all of their clients about how far along their projects are and how long they are going to take. You can bet that Turner Industries is one of the companies that will be here in fifty, a hundred or even one thousand years.