‘Connectivity’, ‘Big Data’, ‘Industry 4.0’, ‘Internet of Things’ are popular buzzwords, predominantly associated with positive effects on business. Technological evolution has benefited businesses in various ways, most importantly by boosting efficiency of production.
Urbanisation was a topic mentioned in a number of presentations delivered by industry experts at our Tower Crane Virtual Conference. It is a trend that had a major impact in the crane market, both in terms of demand as well as product development.
Over the past year, there has been a lot of discussion about the challenges the industry is facing because of the pandemic. Operations had to be stopped or altered, while sales revenues have been affected.
At the end of 2020, Mammoet launched the 6,000t-capacity SK6,000, which the company says will allow for the construction of bigger FSPO and FLNG modules onshore. This was the second launch of a machine with a capacity exceeding 1,000t within a period of few weeks.
This year we have been constantly bombarded with negative news about coronavirus; but looking back over our news coverage of 2020, I realised that it was a year with numerous exciting product launches and updates.
At times of economic downturn, companies often have to make big and hard decisions to maintain profitability or for their sustainability.
The pandemic has definitely altered the way that people interact on a professional level. The shaking of hands and the exchange of business cards may be deemed risky under these strange circumstances.
As some of you may have noticed, since the beginning of the pandemic we have been very careful as to how we cover its effects on our industry. Our aim was to let some time pass before covering this subject in-depth, so that we could provide a more accurate analysis on the impact.
The US-headquartered Association of Equipment Manufacturers (AEM) conducted a survey of member company executives on the continued impact of the COVID-19 pandemic on equipment manufacturers.
Different types of tower cranes are popular in different markets, which is why the major manufacturers in this segment have more than one type in their portfolio.