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GineersNow Construction Leaders Magazine June 2017 Issue 003, Bechtel

GineersNow Construction Leaders Magazine Issue 003 Construction Leaders Magazine: Meet the 36-year-old Chairman and CEO of Bechtel, Brendan Bechtel Exclusive: KONE elevators and escalators, Wirtgen concrete paving, AXA insurance for construction projects, Scopus modular build project, KARAM safety products, Bitzer intelligent CSW compact screw compressor, DOKA formworks, scafolding and shoring for construction Special Feature Stories: BIM, Consultant, Contractor, Design, EPC, Finance, Heavy Equipment, Electro-mechanical, Machinery, Rental Equipment, HSE, EHS, Safety, Tools, Trucks, PMV, Construction, Civil Engineering, Mechanical, Electrical, Plumbing, MEP, EPC Country Focus: United States, Canada, United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Kuwait, Oman, United Kingdom, Singapore, Hong Kong, Philippines, Malaysia, Indonesia, India, Australia, Turkey, China More engineering stories at https://www.gineersnow.com/topics/magazines

GineersNow Construction Leaders Magazine Issue 003

Construction Leaders Magazine: Meet the 36-year-old Chairman and CEO of Bechtel, Brendan Bechtel

Exclusive: KONE elevators and escalators, Wirtgen concrete paving, AXA insurance for construction projects, Scopus modular build project, KARAM safety products, Bitzer intelligent CSW compact screw compressor, DOKA formworks, scafolding and shoring for construction

Special Feature Stories: BIM, Consultant, Contractor, Design, EPC, Finance, Heavy Equipment, Electro-mechanical, Machinery, Rental Equipment, HSE, EHS, Safety, Tools, Trucks, PMV, Construction, Civil Engineering, Mechanical, Electrical, Plumbing, MEP, EPC

Country Focus: United States, Canada, United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Kuwait, Oman, United Kingdom, Singapore, Hong Kong, Philippines, Malaysia, Indonesia, India, Australia, Turkey, China

More engineering stories at https://www.gineersnow.com/topics/magazines

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can consequently shorten overall construction<br />

schedules which means a quicker return on<br />

investment.<br />

In <strong>2017</strong>, KONE has revolutionized the<br />

elevator and escalator maintenance with<br />

the smart 24/7 Connected Services. Their<br />

24/7 Connected Services, as a part of their<br />

KONE Care, makes use of the recent IBM<br />

Watson IoT platform as well as other advanced<br />

technologies to bring intelligent services to<br />

elevators and escalators.<br />

THE FUTURE<br />

KONE believes that the direction and shape<br />

of their industry in the following years to<br />

come is driven by two megatrends: First is<br />

Urbanization, wherein it continues to drive<br />

growth. Second is Technological Disruption,<br />

which drives change and faster pace of<br />

business as well as new expectations for ways<br />

of working.<br />

It is important to understand the opportunities<br />

of these megatrends, so “we can build<br />

deeper relationships with our customers and<br />

differentiate from competitors, - for the entire<br />

lifecycle of their equipment.” Kadora explains<br />

SOCIAL IMPACT & CSR<br />

KONE is committed to making a positive<br />

impact in the whole value chain, as<br />

they contribute directly to the economic<br />

development in the different countries where<br />

they operate. Every employee has a role to<br />

play in reaching KONE’s sustainability targets.<br />

Also, the company works with around 20,000<br />

suppliers who provide them with raw materials,<br />

components and modules, as well as logistics<br />

and installation services.<br />

KONE has between 2008 and 2016 succeeded<br />

to reduce its operational carbon footprint<br />

relative to orders received by over 60%. The<br />

company’s score in CDP’s climate change<br />

program was the best possible A for the<br />

second year running, with only 193 companies<br />

out of thousands achieving the A grade.<br />

Additionally, KONE achieved a position on<br />

CDP’s global Supplier A List 2016 including<br />

the top 2% of suppliers that responded in<br />

CDP’s supplier questionnaire<br />

KONE also has a non-profit organization called<br />

The KONE Centennial Foundation (KCF). This<br />

foundation focuses on innovative programs<br />

that advance and support developmental,<br />

educational, and cultural activities for children<br />

and youth around the world. KCF celebrated<br />

its 100th anniversary in 2010. They cooperate<br />

closely with local partners to plan projects,<br />

ensure efficient resource allocation and respect<br />

for local culture and priorities. As much as<br />

possible, KCF chooses project wherein local<br />

KONE units can contribute practical support,<br />

and KONE volunteers can support the projects<br />

in their spare time.<br />

ADVICE TO THE YOUNG ENGINEERS<br />

“Differentiating oneself is the key. For the<br />

most part, our business has been driven by<br />

advances in mechanical engineering for more<br />

than a century. Innovation in today’s world is<br />

much more. It means new processes, new<br />

integrated technologies and connectivity, as<br />

well as new benchmarks for customer service.<br />

We constantly renew ourselves, find new ways<br />

of working and innovate with new solutions<br />

and services for our customers. For instance,<br />

maintenance services can be revolutionized<br />

by combining cloud computing and mobile<br />

solutions. Or real-time data and analytics can<br />

help service technicians translate insights into<br />

meaningful data and keep customers informed.<br />

At KONE we take a collaborative approach to<br />

innovation. That means working together with<br />

customers and partners to innovate together.<br />

By opening up, and by encouraging new ideas<br />

we develop new skills, identify new challenges<br />

to be solved as well as being able to pilot and<br />

commercialize new products and services at a<br />

faster pace. Our collaboration with IBM is one<br />

example of innovation partnership.”<br />

TRIVIA<br />

• KONE was the first company to have<br />

the machine-room less elevators.<br />

• For the sixth year in a row, Forbes has<br />

listed KONE as one of the world’s top<br />

100 innovative companies.<br />

• In 2016, KONE has installed the<br />

world’s first arched escalators at the<br />

new Elbphilharmonie concert hall<br />

in Hamburg.<br />

24 <strong>Construction</strong> <strong>Leaders</strong> • <strong>June</strong> <strong>2017</strong>

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