custom yacht building

Hargrave Custom Yachts and Yacht Building Industry

Originally used by the Dutch to target pirate vessels, today’s yachts are luxurious ships used by the rich for leisure and sport. The yacht building industry, as a result of the expensive nature of the product being produced, has a very small consumer base able to support it. Even the least expensive yachts available cost at least several hundreds of thousands of dollars on average. Further compounding this problem, is the variety of different options consumers with these kinds of discretionary funds have available for their leisure options. Not only are the manufacturers competing with other yacht builders, but also the distributors of sports cars and other expensive toys for the rich and influential.  Competition within the yacht construction industry itself is fierce, with about a dozen manufacturers controlling close to eighty percent of the total market share. With high starting costs in material and labor, it is a difficult industry to gain entry into. An aspiring entrepreneur needs architects, engineers and managers to oversee the construction of the yachts, and highly skilled employees of this kind are paid at a rate commensurate with their talents. Although in recent years there has been a reduction of the costs of the materials used in the construction process, the price of the finished product has also gone down, keeping profits at a fairly stable level. Those who have the ability and the drive to work past these challenges however, find themselves supplying some of the wealthiest customers in the world with a …

garage door solutions

Sears Garage Solutions & Garage Door Solutions

Garage doors as they exist today first came into use at the beginning of the twentieth century. As the largest moving object in your home, one that can often take up about one third of the area of the front of the house, a garage door that malfunctions represents a huge risk to the safety of the home’s inhabitants. Most garage doors are fitted with torsion springs, supporting a system that allows the garage door to be raised as the springs unwind, and the tension in the springs is released. As the door is lowered, the springs are rewound to full tension, and the opening cycle is completed.  In general, manufacturers of garage doors offer a spring that provides approximately thirty thousand of these cycles. Because the frequency with which any given homeowner opens and closes their garage door varies widely, it is hard to estimate the amount of time that these springs can last. However, most companies guarantee a cycle life of about ten years.  Because a garage door can cause injury to the homeowner and expensive property damage, proper maintenance is crucial. The system that operates a garage door is complex, with many moving parts that make it difficult to repair by yourself. Even the upkeep is beyond the average homeowner, as even something as seemingly simple as proper insulation to prevent the buildup of moisture involves technical know-how most individuals do not possess. And this is assuming the garage door was installed properly to begin with, not …

Trip Planning

R.V Trip Wizard & Visual Planning Tool

Technology has changed the way the people travel across the country. Finding hotels to stay at, landmarks to visit, and restaurants to eat at used to be difficult to say the least. And of course, first you needed to plan out your route using a map, another time consuming activity. Budgeting for the trip could take hours, and it was difficult to do with any degree of accuracy. Finding out the local price of gas, toll charges, and any other incidental expenses was also a struggle. Staying in campgrounds would help you save some money, but you needed to find the campgrounds in advance, something easier said than done.  The internet has solved the majority of these problems. Search engines like Google give you access to an unbelievable amount of information, some of which could never have been found in the pre-internet era. Everything from gas prices to restaurant reviews is just a search and a click away. But because of this abundance of information, it is challenging to find exactly what you’re looking for. There are websites that can help you plan a vacation, but they focus primarily on plane or train tickets, and hotel bookings, nothing that is very helpful when planning a road trip.  So for the average RV enthusiast looking to plan a trip across the United States, things seemed more difficult than they needed to be. RV Trip Wizard is the solution to this problem. A visual planning tool, similar in concept to something like …

food service equipment

Ovention & Food Service Equipment Technology

The food service equipment industry has shown consistent growth over the last decade. Valued at approximately 39 billion dollars in 2015, the global market for these products is one of the largest in any sector. As the lifestyle of the average person has changed, the technological development has accelerated to match that change. Globalization has played a large role in this process. Less economically developed nations now have the resources and the population to support an increasingly advanced standard of technological development. The demand for refrigerated food products, Internet-enabled equipment, and multi-function appliances is growing at a steady rate. As this demand grows, the quality of the equipment grows as well. Suppliers who refuse to innovate are being left behind, overtaken by companies with a focus on increased automation and decreased energy waste. Governments across the world are creating stricter standards for everything from hygiene to energy efficiency. These standards have further accelerated the process of enhanced digitization and the adoption of more complex products. In the United States, the results of this progress can be seen most clearly. Members of the food service industry have adopted a plethora of technological advancements in order to distinguish themselves from their competitors. As our world becomes more heavily computerized, restaurant and hotel owners have adapted in order to remain relevant. When the consumer is accustomed to having any product they want, just a click away, members of this industry need both speed and advanced features in their food equipment technology in order …

beverage dispenser

Lancer Corporation & Beverage Dispensers

Beverage dispensers are, as the name suggests, the products used for dispensing beverages to consumers. This includes everything from water fountains to beer taps, used in a variety of commercial locations. While they are ubiquitous in both restaurants and bars, they are also commonly found in offices, institutional buildings, and even private residences. Developments in this technology are less visible than in other sectors, but nevertheless are what drives market growth and encourage competition. New designs and increased digitization have allowed customization and increased efficiency, increasing both the cost and demand for these products. Across the globe, the demand for beverage dispensers has never been higher. Predominantly however, the product in highest demand is fountain soda dispensers. They can be found in almost any gas station, restaurant or hotel in the United States. Every restaurant chain has at least one in every location, and as more of these businesses enter new markets, the beverage dispensers follow in their wake. Fast food is the most obvious example of this phenomenon. For every McDonalds, there are at least two of these beverage dispensers to be found, often more. The product in highest demand may be the fountain soda dispenser, but alcoholic beverage dispensers are not far behind. In almost every bar and restaurant, you can find a beverage dispenser that serves beer. Because the product they dispense is sold at a higher price, the dispensers themselves are usually more expensive as well. As a result, while there may be less units sold, …

ecom vs retail

Ecommerce vs Retail

The first American department store, Arnold Constable, was founded in 1825. In 1858, the first Macy’s was opened as a dry goods store by Rowland Hussey Macy. In 1902, the first J.C. Penney opened in Kemmerer, Wyoming. Department stores like these were the backbone of the retail market for the vast majority of both the twentieth and twenty-first century. As shopping malls became ubiquitous around the United States, they followed the consumer traffic. Now, in the age of computers, they are being forced to either join the online marketplace or go out of business entirely.  Currently, ecommerce represents approximately twelve percent of all retail sales globally. This is a three hundred percent increase in market share in only ten years, a level of growth that is only projected to continue in the future. It is estimated that over a billion people will join the middle class in the next few years. When this happens, online business across the globe will see a huge increase in demand, as a new middle class enjoys the luxuries associated with a higher level of technological development.  As a result of the huge profits ecommerce businesses have been enjoying, retail businesses have taken huge losses. Online outlets like Amazon have made it incredibly difficult for more traditional retail companies to bring customers to their stores. After all, most consumers see no reason to drive to the mall when a larger variety of products are available online for a cheaper price. With the click of a …

artificial intelligence

Artificial Intelligence

Artificial intelligence can be defined as the intelligence demonstrated by machines, as supposed to that shown by human beings and other living beings. In computer science, an artificial intelligence is referred to as an intelligent agent. This includes any device that is capable of perceiving its environment and that performs actions that allow it to achieve its goals.  In general however, most people think of an artificial intelligence as a machine that mimics the sort of abilities that are associated with the human mind, usually the ability to learn and solve problems. Developed by Alan Turing in 1950, the turing test was proposed as one method of determining a machine’s intelligence. Simply put, the test is whether or not a human could see the difference between a conversation they were having with a human, and another they were having with a machine. While it is both criticized and highly influential, it is one of the first examples of any person wondering if a machine could be made to think.  As technology has developed over the last few decades, it has become more important to find a useful definition for the term. In some form, it can be argued that artificial intelligence is beginning to become a crucial aspect of a variety of industries. From advertising to military applications, artificial intelligence is being used and developed at an accelerating rate.  In 1997, Deep Blue became the first computer chess playing system to beat a current world chess champion. In 2011, Watson …

Robot Tech

Robot Technology

As we move further into the technological era of the 21st century, there’s a single question at the forefront of society’s mind. Where is automation taking us? Science fiction has long been predicting the use of Robots in the future, but the future is now. From Tesla’s partnership with Uber to create self-driving cars, to Amazon’s drone delivery and robotic dog project, large corporations are in a race for automation. Artificial intelligence is expanding, and robot technology is becoming our reality. Its purpose is to make our lives more efficient: faster, easier, and smarter than ever before. Scientists and engineers are turning complex problems into elegantly reliable solutions. The applications started off small. From plugged in electronics to remote controlled technology, to the future of automatically performed tasks. Roomba by IRobot was released in 2002, the beginning of a new era. This robot technology solved a tedious problem: vacuuming floors for consumers. What used to take hours now takes no time at all. Just let the robot automatically roam a home for dust and dirt, it does the entire job for you. Fast forward a single decade and we can see this technology permeating the consumers market. Medical robots can perform complex surgeries, 3D printers can build houses in a fraction of the time of construction, and Artificial Intelligence can solve problems in real time due to complex algorithms. Robots now have speech recognition, depth perception for location and transportation utilization, and autonomy in decision making. Robots with a single …

Air Spring

Air Spring Industry for Vehicles & Firestone’s Ride-Rite

Firestone tires has built a reputation of excellence over the years. They are a common household name and the leading brand for tires and automotive services. But innovation has always been at the forefront of the company policy. That’s why Firestone Tire and Rubber Company founded Firestone Industrial products back in 1936. Henry Ford needed non-tire rubber components for a variety of parts for his cars. A mere two years later this groundbreaking company created a product that is still used today. In 1938 Firestone Industrial came out with the first patent for a pneumatic air spring, and they called it Air Ride. Air suspension is used in place of conventional steel springs in passenger cars and trucks, as well as in commercial transportation vehicles like buses and tow trucks.  Air suspension is powered by an electric or engine driven compressor. This compressor pumps air to inflate a rubber chamber and raises the vehicle’s body from its axles. This provides a smooth and consistent ride, as the compressor adjusts to bumps in the road to keep passengers from feeling them. This is the superior option over metal springs, due to its fluidity and versatility on the road. Firestone’s air spring systems are designed to maximize safe load carrying capacity, give stability to the vehicles suspension, improve handling, breaking and steering, and reduce wear and tear to the axles. And now, Firestone has taken it a step further. Ride-Rite is their newest version of Air suspension technology, and can improve gas …

graphene

Graphene & Angstron Materials

This planet is made of billions of combinations of the building blocks of the Universe. Scientists call these building blocks Elements, and they create everything in the natural world. Certain elements are extremely unstable, while others can conduct thermal, electrical, and mechanical energy. Neon and lead, for example, are hard to find substances. Steel and gold are very sought-after substances. While materials such as carbon and hydrogen are all over our planet. But sometimes engineers and scientists can arrange these elements to construct brand new materials. This is how Graphene was created. Graphene is composed completely of carbon atoms arranged into a hexagonal pattern. Carbon is an element that has a range of unique and useful properties. Many materials can do some of the things graphene can do, but the reason this product is so innovative is because it takes on multiple properties at once. For instance, graphene is 100x stronger than steel, yet it is a light and flexible material. It conducts electricity and heat better than copper, but it is compact and efficient. This can allow it to replace large and inefficient machinery in every field. Imagine cell phone batteries that charges in minutes and lasts days, or an electric car battery that goes hundreds of miles without a charge. This is the efficiency that Graphene is capable of. It can make technologies smaller, faster, and lighter. Which makes it a perfect material for this fast-paced and ever-changing world. Graphene is the greatest innovation in the 21st century …