|By Marketwired .||
|March 19, 2014 06:15 AM EDT||
SUGAR LAND, TX -- (Marketwired) -- 03/19/14 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- The U.S. Gulf Coast region is at the heart of what most will categorize as the "biggest innovation in energy development so far this century," shale energy. The technological advancements in unconventional drilling are setting the stage for an industrial renaissance in many sectors.
In addition to the much publicized liquefied natural gas (LNG) export projects in the Gulf Coast region, the increased availability of inexpensive natural gas is driving project activity in other sectors, perhaps most notably the Chemical Processing Industry, which is experiencing high spending growth, due in large part to a sharp increase in the construction of new ethylene and methanol units, which require significant time, resources and manpower to construct.
At the beginning of 2014, Industrial Info was tracking 970 capital projects worth more than $239 billion that were planned to kick off through 2018 in the Texas, Louisiana and Mississippi Gulf Coast Region. This represents an 8.1% increase in spending from what was being tracked in the fourth quarter of 2013. Most of this spending increase comes from the petrochemical industry. Along with this new planned activity comes increasing tightness in the craft labor market.
Of course, Industrial Info does not expect that all of these projects will actually reach construction. Properly assessing the likelihood of each project moving forward is an important part of Industrial Info's quarterly updated Gulf Coast Region Labor Market Analysis, as IIR only wants to include projects that have a high probability of progressing beyond the planning stage. Industrial Info utilizes industry experts as well as owner/project intelligence to assess a level of confidence or "confidence factor" for each project.
IIR forecasts labor demand for 13 skilled craft types based on its list of qualified projects to show an accurate assessment of the labor market. IIR's proprietary data and modeling methods allow us to roll up thousands of events in any geography for any particular time and report total demand for each specific craft.
In addition to labor demand modeling, IIR directly gathers real-time wage rate information, per diem rates and supply statistics to articulate the full burden of labor demand to supply, and its impact on wage rates. This service is available for certain geographic regions of North America.
From the IIR Labor Solution, clients can better address labor issues by understanding labor surplus and deficits, utilization rates, and traveler estimations for each craft by metropolitan area.
Current forecasts show labor demand in the overall Gulf Coast region peaking in 2016, with labor demand for eight skilled crafts, including electricians, welders, pipefitters, iron workers and others, approaching 91,000 skilled craftsmen for the year, compared to approximately 53,770 in 2013.
Industrial Info currently has Craft Labor Forecasts available for the high-activity areas of the U.S. Gulf Coast and Great Lakes regions. However, we are able to custom-build reports for other parts of North America. For more information, please contact Tony Salemme, vice president of Industrial Info's Craft Labor Group, at [email protected] or by calling (209) 547-9878.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
The APN DevOps Competency highlights APN Partners who demonstrate deep capabilities delivering continuous integration, continuous delivery, and configuration management. They help customers transform their business to be more efficient and agile by leveraging the AWS platform and DevOps principles.
Oct. 7, 2015 08:45 AM EDT Reads: 103
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, will discuss the impact of technology on identity....
Oct. 7, 2015 08:30 AM EDT Reads: 421
As the world moves towards more DevOps and microservices, application deployment to the cloud ought to become a lot simpler. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. In his session at 17th Cloud Expo, Raghavan "Rags" Srinivas, an Architect/Developer Evangeli...
Oct. 7, 2015 08:00 AM EDT Reads: 124
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/...
Oct. 7, 2015 08:00 AM EDT Reads: 138
NHK, Japan Broadcasting will feature upcoming @ThingsExpo Silicon Valley in a special IoT documentary which will be filmed on the expo floor November 3 to 5, 2015 in Santa Clara. NHK is the sole public TV network in Japan equivalent to BBC in UK and the largest in Asia with many award winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology covering @ThingsExpo Silicon Valley. The program will be aired during the highest viewership season of ...
Oct. 7, 2015 07:45 AM EDT Reads: 104
SYS-CON Events announced today that Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Key Information Systems is a leading regional systems integrator with world-class compute, storage and networking solutions and professional services for the most advanced softwa...
Oct. 7, 2015 07:45 AM EDT Reads: 345
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, will look at di...
Oct. 7, 2015 07:30 AM EDT Reads: 515
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Oct. 7, 2015 06:45 AM EDT Reads: 741
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Oct. 7, 2015 06:15 AM EDT Reads: 1,336
SYS-CON Events announced today that Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Luxoft’s software development services consist of core and mission-critical custom software development and support, product engineering and testing, and technology consulting.
Oct. 7, 2015 05:15 AM EDT Reads: 557
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
Oct. 7, 2015 05:00 AM EDT Reads: 982
According to Forrester, public cloud platforms are evolving, blurring the lines between Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS) in order to satisfy the needs of enterprises and widen their appeal to developers. In The Forrester Wave™: Enterprise Public Cloud Platforms, Q4 2014, Forrester evaluates the 16 most significant Enterprise Public Cloud Platforms and details how each vendor fulfills the 19 evaluation criteria points.
Oct. 7, 2015 05:00 AM EDT Reads: 825
The broad selection of hardware, the rapid evolution of operating systems and the time-to-market for mobile apps has been so rapid that new challenges for developers and engineers arise every day. Security, testing, hosting, and other metrics have to be considered through the process. In his session at Big Data Expo, Walter Maguire, Chief Field Technologist, HP Big Data Group, at Hewlett-Packard, will discuss the challenges faced by developers and a composite Big Data applications builder, foc...
Oct. 7, 2015 04:00 AM EDT Reads: 452
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
Oct. 7, 2015 03:30 AM EDT Reads: 457
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Oct. 7, 2015 03:00 AM EDT Reads: 386