Scaling Companies Understand that Technology is an Investment, Not Just a Cost
Will Foret and Justin Neagle discuss the mission of Building Scale and delve into the complexities of investing in AEC technology versus cost analysis. They explore Mancini Duffy's technology strategy and the challenges of tech updates within the industry. The conversation touches on Moore's Law in the AEC context, scaling through acquisitions, and integrating technology. They address technology debt and demystify AI in AEC, before examining cybersecurity in the AEC supply chain, including compliance, liability, and linking safety with cybersecurity. The episode concludes with strategies to protect against common cyber threats and the aftermath of cyber incidents in construction.
Key Points
- Viewing technology as an investment rather than a cost is crucial for long-term growth and competitive advantage in the AEC industry.
- Regular risk assessments and proactive cybersecurity measures are essential to protect against costly breaches and ensure business continuity.
- Embracing change and fostering a culture that sees technology as a tool for innovation can significantly enhance operational efficiency and scalability.
Connect with Justin & Will - Will's LinkedIn: https://www.linkedin.com/in/willforet/ Justin's LinkedIn: https://www.linkedin.com/in/justneagle/ Learn More & Connect With Spot Migration - Website: https://www.spotmigration.com LinkedIn: https://www.linkedin.com/company/spot-migration Facebook: https://www.facebook.com/spotmigration Youtube: https://www.youtube.com/c/Spotmigration Do you want to be a guest on the show? Go to https://buildingscale.net/guests Need to discuss your IT and Cybersecurity Strategy? Go to https://buildingscale.net/help
Chapters
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| 36:18 |
Transcript
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