Omicron Variant Slows Philippines' Construction Industry

FEBRUARY 2022
N E W S
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Modeling Markets, 2019-
2024 - Growing Use of AR/
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BIM
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E D I T O R ‘ S N O T E
Last month, fewer UK
construction companies
were impacted by supply
chain issues, although
activity in the sector dropped to
its lowest level in three months
in the aftermath of the Omicron
variant’s emergence. IHS Markit
and the Chartered Institute
of Procurement and Supply
(CIPS) released their latest
purchasing managers’ index
(PMI) for the construction sector
in December, which showed a
score of 54.3, down from 55.5 in
November.
For the first time since February,
civil engineering activity fell,
while commercial sector growth
stalled. Only housebuilding
witnessed an increase in
December, according to the
report. Numerous responders
noted disruption caused
by COVID-19 cases, which
reached new highs last month
due to the fast spread of the
Omicron strain.
Tim Moore, director at IHS
Markit mentioned that the UK
construction sector concluded
last year on a somewhat weaker
footing as continued pandemic
restrictions slowed the recovery,
particularly in commercial and
civil engineering projects. As
with the manufacturing and
services PMIs announced earlier
this month, the construction
survey indicated a lessening of
the very high-cost constraints
experienced by businesses.
The survey’s indicator of supplier
delivery times increased to its
highest level since November
Omicron Variant Slows
Construction Industry
2020, indicating that supply
networks are experiencing less
interruption. Nevertheless,
Moore noted that in December,
construction supplies and
materials availability continued
to improve, indicating that the
worst of the supplier delays
had passed.
The all-sector PMI, which
includes readings from
construction, manufacturing,
and services across a week,
dropped to 53.6 in December
from 57.4 in November, its
lowest level since February
and mostly reflecting the
impact of Omicron’s spread on
consumer-facing enterprises.
Moore, however, pointed out
that despite catching up on
backlogs and enhancing
capacity, reports consistently
referred to transportation
issues and driver shortages as
unresolved. It is believed that
the nation is short of 100,000
HGV drivers due to a variety
of factors, such as Brexit,
poor working conditions, and
fewer driving tests. Builders
Merchants Federation and
Construction Products
Association executives
warned in October that HGV
shortages were one of the
main factors affecting the
construction industry.

C O N T E N T S
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Security of Business
Operations During ...
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Platform For Air Solution ...
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Omicron Variant Slows
Construction Industry
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Workspace to Increase
Employee Productivity
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Furniture
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Digital Innovation in the
Construction Industry
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Autodesk Unveils Robust New
Features for BIM 360
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Global Building Information
Modeling Markets, 2019-2024
...
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12.7% Growth Rate for
Building Information Modeling
Market by 2024
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Compounds Expected to be ...
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FEATURE STORY
Enhancing Hygiene and
Security of Business
Operations During
COVID Alert Level 3
Good hygiene and cleanliness have become further emphasized, especially with
the Philippines under alert level 3 measures to combat the growing COVID-19
pandemic. Under such restrictions, a nightly 12:00 AM to 4:00 AM curfew, facemask
and face shield requirements, strict social distancing protocols, adjustment
of operation hours of various businesses and establishments, etc. are being implemented
nationwide. Due to the cyclical pattern of addressing the pandemic, the term “new normal” is
now just “normal”.
Because of the state of the world, washing hands has transformed from an action we almost
always forget to do before a meal, into an hourly ritual required to stave off COVID-19 and any
other potential viruses or bacteria that may come our way.Luckily for us, Co Ban Kiat Hardware
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Experts in Centers for Disease Control and
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and effortlessly. Nilfisk boasts their vacuum
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Truly, these ventilation technologies and vacuum
cleaners will make any space a speckless safe
haven. But an immaculate location can only
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Where to Buy?
For 100 years, Co Ban Kiat Hardware Inc. is the most trusted distributor of home improvement and
hardware items in the Philippines.
Let’s shop wisely. #StayAtHome and order online at your convenience. Visit us in the following sites
and enjoy deals, discounts, and more!
Lazada Store: https://www.lazada.com.ph/shop/co-ban-kiat-hardware-inc/
Website: https://www.cbkhardware.com/
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FEATURE STORY
Co Ban Kiat Hardware, Inc.
Ground Floor, Cobankiat Building II
231 Juan Luna St. Binondo Manila, Philippines.
Phone +632 8243-1931
Phone +632 8242-6925
Phone +632 8894-6561 & +638-272-931-981
Email info@cobankiat.com.ph;
ind@cobankiat.com.ph
Coby’s Design Center
Unit 467 level 4 Shangri-La Plaza
Edsa Corner Shaw Boulevard
Mandaluyong City, Philippines
Phone +632 86364895
About CBK Hardware
For almost a hundred years, a family’s surname has become synonymous to the country’s biggest
hardware supply company. Co Ban Kiat Hardware Incorporated, of the Cobankiat family has a regular
client network of more than 1,500 industrial organizations; 1,600 traditional community hardware
stores, and 584 home building specialty chain of stores across Luzon, Visayas and Mindanao. This evergrowing
conglomerate traces its humble roots to Manila Chinatown, as a pioneer enterprise started by
family’s patriarch, Mr. Cobankiat in 1920. Despite the ruins of World War II, the business goes back to
its feet in 1948, rebuilding a storefront from the very same spot where it was known for three decades.
16

This ever-growing conglomerate traces its humble roots to Manila Chinatown, as a pioneer enterprise
started by family’s patriarch, Mr. Cobankiat in 1920. Despite the ruins of World War II, the business goes
back to its feet in 1948, rebuilding a storefront from the very same spot where it was known for three
decades.
While the Filipinos continue to rebuild their lives post war, CBK Hardware sees the opportunity to
introduce the retail concept once unheard for in hardware industry. Cobankiat Hardware brought
the first DIY business in the Asia. A do it on yourself concept that created Cobankiat hardware in the
Philippines. The Hardware Workshop Store is the fruit if this endeavor. CBK Hardware further cemented
its legendary distribution channel with the creation of Coby’ Design Center in Edsa Shangi La in 1996, a
specialty store that caters to discriminating taste of modern Filipinos.
In 1997, Mr. Johnny Cobankiat, the 4th generation Cobankiat leader, set another milestone for the
company when he brings a franchise of Ace Hardware USA to the Philippines, and signs up CBK Hardware
as one of its major suppliers. This further expanded into delivering quality world class products nearer to
families of Filipino overseas workers in the countryside.
A century’s excellence can quickly pass, and guided by the vision to be the largest network supplier of
the biggest global brands in the hardware industry, CBK Hardware resolve to source the best products to
supply its customers anytime and every time.
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FEATURE STORY
LG Launches New Virtual
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In December, growth in the UK construction sector declined
as the effect of Omicron outweighed benefits for construction
businesses from fading supply chain disruption. Building
firms finished 2021 on a worse footing, according to
IHS Markit and the Chartered Institute of Procurement and
Supply (CIPS), as coronavirus outbreaks and new pandemic
limitations weigh on demand.
25

C O V E R
S T O R Y
According to the most recent snapshot, construction
businesses cited customer decision delays as a result
of the Omicron variant, leading to the sector’s slowest
growth rate in three months. However, the poll of 150
construction businesses, which the government and the
Bank of England monitor for early warning signals from the
economy, indicated a decrease in supply chain pressure
on building firms.
Offering some relief to the construction industry after
a period of significant disruption earlier this year, the
percentage of construction businesses experiencing
supplier delays decreased from 47% in November 2021 to
34% in December 2021. Reduced shortages of critical raw
materials and faster delivery times led to the least rate of
inflation in nine months for construction supplies.
The revelation comes amid growing worry about the effect of
inflationary pressures on the British economy as a result of
significant supply chain disruption and high energy costs,
which together stifle growth and harm family budgets.
According to official estimates, rising energy and gas
prices propelled inflation to 5.1 percent in November 2021,
the highest level in a decade. The Bank of England has
said that the rate might reach close to 6% this spring, with
experts warning that a 50% increase in energy expenses
would put people under significant strain.
According to the latest data, inflation rose to 5% in the
eurozone last December, having increased from 4.9
percent in November 2021, which was already the highest
rate since the creation of the single currency two decades
ago. As a result of the increase in wholesale oil and gas
prices, energy costs increased by 26% over 2020.
Economists said the latest numbers from the UK
construction industry were an optimistic early indication that
supply constraints were easing, but cautioned that the rise
of Omicron threatened to disrupt recent progress toward
addressing bottlenecks. KPMG’s head of infrastructure,
building and construction, Jan Crosby, stated that in
addition to the disruptive weather conditions, any tightening
of restrictions or the forced isolation of employees could
almost certainly lead to delays in the project or even force
some sites to close temporarily.
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C O V E R
S T O R Y
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He added that despite seemingly insurmountable obstacles and constraints, the
industry has demonstrated exceptional resilience following the events of the last two
years. This will need to continue to be the case as we approach 2022, with the
lingering Omicron variation, supply chain challenges, and skills shortage all causing
considerable uncertainty in the months ahead.
Housebuilding enjoyed the biggest increase and was the only subsector to gain
pace in December 2021, according to the latest numbers from IHS Markit and CIPS.
Commercial construction and civil engineering activity were lower, despite claims
that client demand remained robust throughout the building sector.
The IHS Markit/CIPS UK construction purchasing managers’ index (PMI) dipped from
55.5 in November to 54.3 in December, signaling a three-month low. However, a
value greater than 50 indicates growth.
Tim Moore, a director at IHS Markit, said the worst period of supplier delivery delays
in a year appears to have ended, with construction items and materials becoming
more readily available last December. However, he added that despite catching up
on backlog work and enhancing capacity, widespread reports mentioned unresolved
issues in transportation and shortages in drivers.
The UK Road Haulage Association believes the nation is short roughly 100,000
HGV drivers, which has been attributed to a variety of issues, including Brexit, bad
working conditions, and fewer driving exams. In October, prominent executives from
the Builders Merchants Federation and Construction Products Association cautioned
that the crucial element harming construction enterprises was the HGV shortage.
A shortage of personnel is another severe issue hurting the sector, prompting many
businesses to increase hourly wages in order to recruit badly needed labor. Joe
Sullivan, a partner at accounting firm MHA Moore Smalley said that with salaries
continuing to grow, the availability of labor is now the number one concern in the UK
construction business. He added that staff movement is significant as individuals seek
the greatest pay packages, resulting in more disruption. Additionally, the emergence
of the COVID-19 Omicron variant has slowed development on construction sites,
reducing productivity and complicating planning.
41

NEWS
Autodesk Unveils
Robust New Features
for BIM 360
point information and knew how to operate
complex layout equipment. BIM 360 Layout
solves this major pain point by making the
layout process easy for any construction team
member. With model data accessible directly
from within Layout via the cloud, anyone on
a project team can now collaborate across
the BIM 360 unified platform. BIM 360 Layout
also enables construction teams to connect a
coordinated model directly to the layout process
with Robotic Total Stations and GPS devices,
increasing jobsite productivity, and reducing
rework and waste while improving the accuracy
of staked or installed building components.
Enhanced BIM 360 Layout app
empowers construction teams to
speed up layout workflows, and
additional feature advancements aim
to simplify daily tasks
Autodesk, Inc. (NASDAQ: ADSK) today
announced enhancements to BIM 360,
including a newly designed Layout app for
mobile devices on Android operating systems.
Autodesk also unveiled new BIM 360 features
that make the project set-up process easier
and increase collaboration between the
field and the office, with expanded machine
learning capabilities to better identify risk.
Traditionally, construction layout and
verification tasks were handled by one or two
trained individuals who had access to siloed
Features in the enhanced BIM 360 Layout app
include:
1. Direct sync with the cloud: With access
to the most up-to-date project information from
the cloud, teams can verify changes or layout
points directly from the model, collect realworld
conditions while out in the field, create
deviation reports and update models based on
actual conditions. Issues can also be created
in the Layout app, unifying workflows within the
common BIM 360 data platform.
2. Direct connection to Robotic Total
Stations and GPS devices: Users can connect
BIM 360 Layout directly to Robotic Total Stations
such as Topcon, Sokkia or Leica Geosystems,
as well as any external GPS devices, including
NMEA data format-supported hardware or even
GPS in a mobile phone. A seamless connection
allows for greater precision in layouts and a
reduction of issues, RFIs and ultimately, rework.
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3. Intuitive and user-friendly UI: With
an easy-to-use interface, BIM 360 Layout
empowers any team member to contribute
to the layout process without needing to be a
layout expert, facilitating greater cross-team
involvement and collaboration.
“The BIM 360 Layout app gives us the freedom
to make changes and manipulate points or
specific parts of a model or drawing,” said
Robert Boggs, project coordinator and total
station operator at Helix Electric. “It also
allows us to post multiple files for a building.
Instead of having one big centralized model,
we now have the option to break the model
data apart however we need, whether it’s by
floor or by filtering point views by status or
elevation. Layout is now a quick and much
more simple process for us.”
New BIM 360 features automate routine tasks
and increases communication between office
and field teams
Additional BIM 360 features recently launched
include updates to automate the project setup
process, making workflows easier for
construction teams and providing the right
level of access to team members. These
updates to the BIM 360 platform include:
• Configurable roles: users can configure
permission settings based on team roles, such
as superintendent, BIM manager or estimator.
• Custom roles: teams are able to create
their own custom-named roles and set up
distinct permissions, such as granting access
to specific modules and folders.
• “View-only” document status and
permission settings: project leaders can set
documents as “view only” for specific users,
eliminating edit rights
• Project templates: administrators
create project folder and permission templates
to simplify and standardize the start of each
project
BIM 360 Construction IQ capabilities are
also now available to any BIM 360 field
management module user. With the expansion
of this availability, more teams are now able
to access a wider range of project data and
obtain a more holistic view of company-wide
project metrics.
“The industry is demanding powerful yet easyto-use
technology that seamlessly connects
data and supports collaboration through all
phases of construction,” said Ilai Rotbaein,
director, BIM 360 products at Autodesk.
“With tools such as BIM 360 Layout, which
simplifies workflows and improves project
efficiency, we’re providing a common data
platform for both design and construction and
connecting the entire project team wherever
they work and from whatever device they
access information.”
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Global Building
Information Modeling
Markets, 2019-2024 -
Growing Use of AR/VR
and Adoption of Green
BIM
The Building Information Modeling
Market Size is Projected to Grow
from USD 4.9 Billion in 2019 to USD
8.9 Billion by 2024, with a CAGR of
12.7%.
Rising urbanization and infrastructure
projects drive the overall growth of building
information modeling market
The building information modeling market
is driven by various factors, such as rising
urbanization and infrastructure projects,
growing benefits offered by BIM for the
AEC industry, and increasing government
mandates for BIM adoption. However,
handling the initial high cost of BIM may
hinder the growth of the industry.
Services to witness the highest CAGR during
the forecast period
BIM services comprise services related
to infrastructure modeling to architects,
engineers, general contractors, and
developers. In addition, BIM services
include the provision of detailed engineering
of a project, which helps in improving the
quality of buildings, reducing their designing
and maintaining costs, and sharing information
more effectively among building owners, design
teams, contractors, and facility managers.
The service segment is expected to grow
at the fastest rate as it includes the detailed
engineering of a project, which helps in
improving the quality of buildings, reducing
their designing and maintaining costs, and
sharing information more effectively among
building owners, design teams, contractors,
and facility managers.
48

Based on applications, the building is likely
to be the fastest-growing application during
2019-2024
Due to rising trends in digitization across
industries, BIM is gaining popularity in the
construction industry. Building applications
mainly includes commercial, residential,
and retail buildings. Buildings are designed
with the help of BIM mostly during the
preconstruction phase, in which the 3D
modeling of the structure is prepared and the
flow of the entire building project is decided.
These buildings are constructed mostly on a
customized basis.
BIM is widely used in building applications
to reduce the cost overrun and time overrun,
which may help in reducing the delays in
the project. With the help of various tools
such as 3D modeling and clash detection, it
helps efficiently plan, design, construct and
manage buildings.
APAC to record the highest growth rate in
building information modeling market during
the forecast period
APAC is likely to be the highest growing market
for building information modeling market in
the coming years. The market in APAC is
expected to grow at the fastest rate due to
the use of BIM for large-scale infrastructure
and building projects. Government initiatives
are expected to act as a major factor driving
the BIM market in APAC.
Governments have started imposing new
regulations regarding building construction
permit. Japan, China, and South Korea have
already made BIM documents mandatory,
especially for public buildings, along with
green certification-related documents.
The building information modeling market
comprises major players such Autodesk
(US), Nemetschek (Germany), Bentley
Systems (US), Trimble (US), Dassault
Systmes (France), RIB (Germany), Asite
(UK), AVEVA (UK), Hexagon (Sweden), and
Archidata (Canada).
Market Dynamics
Drivers
• Rising Urbanization and Infrastructure
Projects
• Growing Benefits Offered By BIM for
AEC Industry
• Increasing Government Mandates for
BIM Adoption
Restraints
• Handling Initial High Cost of BIM
Opportunities
• Growing Use of AR/VR and Adoption
of Green BIM
• Rising Trends of IoT
• Increasing Trends of BIM
Challenges
• Low Digitization in the Construction
Industry
49

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12.7% Growth
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The most prestigious bridges are those
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Systèmes
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by the architects and engineers resulted in an
embarrassing problem shortly after it opened in
2013, when a car was melted by the sun’s rays that
much more to their customers.
were reflected from the building.
sharing information more effectively among Due to rising trends in digitization across
The building sheer owners, size of design these integrated teams, contractors, resorts Metropolitan industries, Railway BIM is gaining popularity in the
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are designed
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and innovative designs. This can create to and
help
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Sands resort in Singapore. This integrated London’s Crossrail project. This new line, which
managers.
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resort is comprised of three towers, each will be added to the London Underground network,
connected at the top by a boat-shaped runs the from cost East overrun to West and across time overrun, the city, which and to may the
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during storms.
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testing which hadn’t been properly accounted for.
53

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June 2009
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N E W S
S T O R I E S
Tips to Enhance Your
Workspace to Increase
Employee Productivity
employee efficiency while retaining their
mental well-being and happiness. Besides
self-grooming and training, workplace
ambiance also plays a major role in employee
productivity. If you have been ignoring the
significance of a healthy workplace, then it’s
time to pull it on top of your priority list:
Here are some tips for creating a workspace
that triggers your employees right on point to
produce the best results:
Update Office:
Here are some tips for creating
a workspace that triggers your
employees right on point to produce
the best results.
Every business yearns to turn into a corporate
giant and reach an unparalleled height where
no competitor can reach them. That’s why
every organization pays attention to boosting
employee working and productivity. No matter
how much competent and qualified your
employees are, there are always ways to bring
betterment in their performance and efficiency.
But most organizations don’t understand
that employee productivity isn’t all about
accomplishing an assigned task quickly and in
a better way. It’s about continuously improving
Positive change in the physical environment
of an office plays a significant role in
employee engagement and productivity. It
doesn’t mean that you should hire a designer
or create a lavishing space.
Focus on little things like proper furniture,
lightning, and equipment also create a
huge difference. The key is to create a
work environment which fosters new ideas,
creativity, and where employees don’t feel
depressed and bound.
Focus on little things like proper furniture,
lightning, and equipment also create a
huge difference. The key is to create a
work environment which fosters new ideas,
creativity, and where employees don’t feel
depressed and bound.
56

Organize your Office: You are wrong if you
think that a messy office symbolizes that you
are too busy creating great ideas. Don’t get
inspired by Einstein’s messy hair. Cluttered
and messy work environment hinders
creativity rather than fostering it.
Just imagine how you will feel if you enter a
space where spare chairs are rolling on the
floor, cartons are piled up in a corner, and
dust-covered broken printer and photocopy
machine are placed helplessly in the other
corner? Wouldn’t that be suffocating? So,
how can you expect your employees to work
in such an environment?
You should create a space to keep all these
spare, broken, and other service goods to
increase your workspace potential to do more.
You can choose any industrial shed design
according to your requirement and create a
place to place excessive and broken things
to get an organized workspace.
Give Personal Space:
Most organizations focus on creating a space
which fosters mutual coordination, harmony,
and collaboration for strong teamwork. But
little do they know that individual space is also
essential to enhance employee productivity.
requirements and mood. So, you should give
your employees the liberty to create a personal
workspace to enhance their productivity and
well-being.
Room for a Break:
Humans’ brain doesn’t like the feeling of
being bound. That’s why you start feeling dull
and depressed after sticking to a particular
space for a long time. A little change in the
environment has a pleasant impact on your
mood and creativity. Same goes with your
employees! Looking at the same walls, sitting
on a particular chair and living in the same
environment can decrease their productivity
and creativity.
It is essential to have a break room for your
employees where they can relax, recharge
their brain, and have a much-needed change
of environment for better productivity.
Your employees are not machines, they
are humans, and humans need favorable
ambiance and surroundings to produce
better results. Make sure you provide them
their desirable work environment if you want
your employees to show good performance
and company grow.
Employees feel more emotionally connected
to a personalized workspace, tailored to their
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N E W S
S T O R I E S
4 Tips for Restoring Your
OId Furniture
Your furniture is the life of your living room, and if it is getting old and rusty, it means
your living room is losing its charm. You can consider buying a new one, but that will
drain all your savings. Buying new furniture is not the only option you have if your
furniture has lost its beauty. There are several ways in which you can restore your
furniture and can make it look as good as new. You can lighten up your living room by using
the same furniture by just following a few DIY tips. Let’s have a look at a few tips that will help
you turn your new furniture into a new one.
Paint It Over
The easiest and the most effective tip to make your furniture look new is to paint it over. Most
of the time, the furniture looks dull because it loses its finish or original color. But, you can fix
that easily by giving it a new paint. This will also give you an opportunity to change the color
of the furniture. So, if there is a color which you always wanted to add in your living room, pick
that one and start painting. If you are creative, you can also paint designs on it. That way it will
feel like you just got the latest model from the market.
60

Use Wallpaper
If the idea of painting the furniture sounds too messy for you, then do not worry, you can forget
about that option and can always go for wallpapers. Covering it with paper will not just give it a
new design but it will also keep the surface protected. The best part about this is that you can find
thousands of different paper designs in the market. This allows you to choose the perfect match for
your living room. It also saves you the trouble of dipping your hands in paint.
Use Hole Plug
If your furniture is too old and has small holes in it, you can fix that as well by using hole plugs.
Hole plugs are designed specifically to cover furniture holes. They are mostly made with durable
plastics and are very reliable. They are very easy to install as well because all you need to do is
plug it. You can find hole plugs in various sizes, so you can always choose the one that will be
perfect for your furniture hole. They come in different colors and designs as well, so you can easily
find the one that matches your furniture color or texture.
Clean It Thoroughly
You can restore the look of your old furniture by doing something as simple as cleaning it deeply.
Everyone cleans their furniture regularly, but with time it gets a bit dull and requires deep cleaning.
Use soap or detergents to clean it properly; especially the leather part. You can also use a vacuum
cleaner as well to get out all the dust. Using shining cleaners can also give a lively look to your
furniture.
61

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N E W S
S T O R I E S
Digital Innovation
in the Construction
Industry
The future of real estate development
is digital innovation, with demand
for cost-effective, innovative and
sustainable buildings inspiring
data-led business models that will help fuel
the continued growth of the Middle East
construction industry, according to subject
matter experts at construction and real estate
consultancy, Drees & Sommer.
“Innovation and sustainability in construction,
specifically in connection with new digital
innovation solutions, are driving the future
of real estate in Asia,” said Dierk Mutschler,
CEO, Drees & Sommer.
“A gentle slowdown in some regional
markets coupled with the emergence of new
technology and business models will pave
the way for forward-thinking companies to
capitalise on these shifts. From 2020, the
increasingly competitive environment will
result in more demand for quality products,
leading to a longer-term focus on investment
in sustainable business models. After all,
future business models, products and
services will be measured not only by their
economic success, but by their impact on our
environment,” asserted Mutschler.
“Old business models will become obsolete,”
he continued. “Real estate developers and
contractors will need to truly understand
data and what digitisation means for the
construction industry. They will need to design
and construct buildings with the capacity to
adapt to new technology and future needs for
the next 50 to 80 years.
“Ultimately, digitisation means ‘software’. If
smart buildings are in danger of becoming
outdated, a software update can make them
state-of-the-art again. In our Drees & Sommer
innovation laboratories, we are researching
the use of regenerative technology, which
will help ensure buildings are adaptable and
future-proof – offering significant cost-saving
benefits too,“ said Mutschler.
64

He cited the findings of the KPMG Global
Construction Survey, which forecasts six to
10 percent growth in ASEAN’s construction
sector in 2020 and Global Construction 2020,
a report from PricewaterhouseCoopers,
Global Construction Perspectives and Oxford
Economics, which forecasts US $4.3 trillion will
be spent on construction in Asia over the next
decade, as indicative of the positive outlook for
the sector.
Degenhart commented: “The opportunities
for growth lie within these shifts and changes.
We predict that buildings will be completely
reimagined and investors will need to consider
how their business models will serve the new
demands of end users. Existing buildings
will also need extensive repositioning and
revitalisation in order to compete in the digitised
environment of the future.”
There are a host of smart technology solutions
already available, from 3D laser scanning
and digital innovation modular fabrication to
intelligent construction equipment and BIM
models for design and construction, not to
mention the use of IoT systems, robotics and
data-driven business models for operation.
Challenges lie in achieving the successful
integration or networking of multiple systems
from different technology providers and
critically, according to Degenhart, in realising a
change in mindset.
He said: “digital innovation solutions have the
power to dramatically impact the way we plan,
construct and operate buildings. According
to recent research by McKinsey & Company,
adopting digital innovation solutions throughout
every phase of the construction process could
increase market productivity by as much as 15
per cent and reduce project costs by up to 45
per cent.
“At Drees & Sommer, we are looking forward to
working with developers and investors seeking
to expand or enhance their portfolio in 2020, as
well as supporting those new to the region. Our
goal is to deliver cost-effective and sustainable
buildings, profitable real estate portfolios,
people-oriented working environments,
visionary mobility concepts and liveable cities,
” concluded Degenhart.
65

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N E W S
S T O R I E S
Anixa Biosciences’
Covid-19 Compounds
Expected to be Effective
Against the Delta Variant
Anixa Biosciences, Inc. (NASDAQ: ANIX), a biotechnology company focused on the
treatment and prevention of cancer and infectious diseases, announced today that
a genomic variant analysis indicates that its potential compounds may be even
more effective against the Delta variant than the original wild type SARS-CoV-2.
While vaccination has proven to be an effective strategy to prevent Covid-19, the need exists
for inexpensive, room-temperature stable, and orally bioavailable therapeutics for COVID-19.
Reasons for this need include the large percentage of individuals that have chosen to remain
unvaccinated, the logistics and expense of distributing the vaccines worldwide, the reduction
in efficacy that is seen for certain variants, and the expected need to continuously require
booster shots due to waning immunity.
Anixa’s program in collaboration with European partner MolGenie, focuses on identifying
novel, small molecule inhibitors of Mpro, the main protease of the virus. The current
68

compounds that Anixa is synthesizing and evaluating have demonstrated their ability to
inhibit the function of this protein, which the virus needs to replicate.
A key attribute of a successful therapeutic is the need to be effective against the prevailing
variants that are circulating, especially if such emerging variants are more infectious. Since
the authorized vaccines target a surface protein of the SARS-CoV-2, known as the spike
protein, variants demonstrating variability in evading the vaccines are characterized by
mutations in this protein. The prevailing variant of concern is known as the Delta variant.
In an attempt to evaluate whether the compounds Anixa is developing might be effective
against the Delta variant, Anixa undertook an analysis of the corresponding Mpro enzyme
mutations in the Delta variant. While mutations in the spike protein do not necessarily
force a mutation in other functional proteins like Mpro, Anixa’s analysis and published work
demonstrate that a key mutation in Mpro does exist for the Delta variant. Sequence analysis
of several Delta variant samples demonstrate that the Mpro enzyme often has a mutation that
replaces an asparagine (an amino acid) with leucine (another amino acid) at position 142,
near the binding site. This change makes the binding pocket of Mpro more hydrophobic.
By virtue of this change, the analysis indicates that Anixa’s novel compounds will be stronger
inhibitors of the variant Mpro than the wild-type (original).
“This analysis and conclusion is a theoretical study, but we are pleased that this analysis
indicates that our compounds should be effective against the Delta variant,” stated Dr. Amit
Kumar, President and CEO of Anixa Biosciences. “While this program is relatively early-stage
in development, we have already received inbound calls from pharmaceutical companies
and funding agencies interested in collaborating at the right time,” continued Dr. Kumar.
Dr. Lutz Weber, President and CEO of MolGenie, stated, “We continue to synthesize several
candidate compounds to identify the most potent drug candidate which we will take into preclinical
drug development.”
About Anixa Biosciences, Inc.
Anixa is a publicly-traded biotechnology company developing a number of programs
addressing cancer and infectious disease. Anixa’s therapeutics portfolio includes a cancer
immunotherapy program which uses a novel type of CAR-T, known as chimeric endocrine
receptor T-cell (CER-T) technology, and a Covid-19 therapeutics program focused on inhibiting
certain viral protein function. The company’s vaccine portfolio includes a vaccine to prevent
breast cancer, and specifically triple negative breast cancer (TNBC), the most deadly form of
the disease, and a vaccine to prevent ovarian cancer. These vaccine technologies focus on
immunizing against specific proteins that have been found to be expressed in certain forms
of cancer. Anixa continually examines emerging technologies in complementary fields for
further development and commercialization.
69

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N E W S
S T O R I E S
Rise of Delta Variant
Triggers Return to
Workplace Concerns for
Nearly Half of U.S. Workers
This workforce sentiment research from Eagle
Hill Consulting comes as federal regulators
have granted full approval of the Pfizer-
BioNTech coronavirus vaccine and as many
employers announce delays in back to the
workplace plans due to rising COVID-19 delta
variant cases, hospitalizations and deaths,
largely among the unvaccinated.
New Eagle Hill Consulting Research
Finds 41 Percent of Employees
Support Higher Insurance Rates for
Unvaccinated Workers.
Workers Split on Employer Mandates for
Vaccinations and Vaccine Documentation.
Forty-four percent of working Americans
say that the rise of the COVID-19 delta
variant impacts their willingness to return to
the workplace. Fifty percent of workers say
the variant has increased concerns about
contracting COVID-19. Most workers say the
variant means they will take extra precautions
at work (61 percent) and in their personal life
(64 percent). Employees indicate that they
would feel more comfortable in their workplace
(64 percent) than going to a restaurant (36
percent) during the ongoing pandemic.
When asked about whether unvaccinated
employees should pay higher insurance
rates, a large share of workers (41 percent)
are supportive. Gen Z workers were least
supportive of higher insurance rates (23
percent), while Baby Boomers were most
supportive (45 percent).
The 2021 Eagle Hill Consulting COVID-19
Vaccines and the Workplace Survey measures
employee sentiment about COVID-19
vaccines, returning to the workplace, as well
as testing and safety protocols.
“Approval of the Pfizer-BioNTech vaccine is a
game changer for employers,” says Melissa
Jezior, Eagle Hill Consulting president and
chief executive officer. “With Food and Drug
Administration licensing, more employers
could mandate worker vaccinations.”
“At the same time, the COVID-19 summer
surge is upending employers return to the
workplace plans,” Jezior said. “A large portion
of the workforce is worried about the delta
variant, and many employers are taking action.
72

They’re delaying going back to the workplace,
announcing vaccine mandates, and keeping
health and safety protocols in place.”
“The key for employers is to remain flexible
and listen to employee views so they are
best positioned to navigate through even
more COVID-19 uncertainty. It’s even more
important for employers to fully understand
what employees want given the acute
labor shortage. Unlike the early days of the
pandemic, workers aren’t afraid to quit their
jobs. Retaining talent means creating a culture
and work environment – virtual or in person –
that is aligned with employee preferences,”
Jezior explained.
Employees are split on actions employer
should take before returning to in-person work,
according to the research.
Employees are evenly split (50/50) as to
whether employers should mandate vaccines
before workers return to the workplace.
Employees are slightly more supportive (58
percent) of employers asking about worker
vaccination status.
Workers are split as to whether employers
should provide proof of vaccination, with
52 percent supporting a documentation
requirement.
60 percent of workers support employers
offering incentives to vaccinated employees.
Nearly two-thirds (63 percent) support
employers instituting precautions for
unvaccinated employees.
Employees are increasingly supportive of
punitive actions for unvaccinated employees,
the polling reveals.
More than half (63 percent) of workers say
non-vaccinated employees should not be
given special allowances to work from home,
up from 55 percent in April.
Close to half of workers (51 percent) say nonvaccinated
employees should not be allowed
to travel for work, up from 44 percent in April.
Nearly half of workers (44 percent) say nonvaccinated
employees should not be permitted
to work in-person with customers, up from 39
percent in April.
Many workers (40 percent) say non-vaccinated
employees should be not allowed to work inperson
with co-workers, up from 35 percent in
April.
About three-fourths of workers (76 percent)
say non-vaccinated employees should be
able to stay with their employer, down from 83
percent in April.
There is broad support for employer COVID-19
testing and safety protocols according to the
survey.
Regarding social distancing, 77 percent
concur that employers should require or
encourage social distancing.
Regarding masks, 73 percent agree on
employers requiring or encouraging mask use.
For temperature checks at the workplace, 67
percent say employers should encourage or
require temperature checks.
When it comes to regular COVID-19 testing for
all employees, 61 percent support employers
requiring or encouraging testing.
73

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N E W S
S T O R I E S
Medivolve Announces
New COVID-19 Testing
Mobile Vans Expanding
On-Site Testing
Opportunities to Schools,
Workplaces, and Events
76
Medivolve, Inc. (“Medivolve” or the “Company”) (NEO: MEDV) (OTC: COPRF) (FRA: 4NC)
today announced it will launch its first two mobile COVID-19 testing vans servicing Las Vegas,
Nevada and surrounding areas.
“This new initiative is one of Medivolve’s
many efforts to stopping the virus’s
spread through early detection,” says
David Preiner, CEO of Medivolve. “Going
mobile allows for immediate expansion and is
a cost-effective means of rapid deployment
of our resources in underserved areas as new
COVID-19 hotspots arise.”
Like the Company’s collection site locations,
Medivolve’s mobile testing vans are outfitted
with the appropriate testing equipment,
supplies, and technology to secure patient
registration. Service options include three
types of COVID-19 testing: rapid antigen
tests, PCR tests, and rapid antibody tests.
Depending on the test administered, rapid
test results will be available in 15 minutes
and PCR results within 2-10 business days.
As vaccine availability continues to ramp up,
the vans have been strategically designed
to easily transition to COVID-19 vaccine
administration sites.
“According to Medivolve’s medical advisors,
providing on-site testing services could reduce
exposure to those infected while also boosting
confidence in returning to work, school, or
attending events,” explains Preiner. “Many
organizations building complete workforce
strategies against COVID-19 are experiencing
hurdles in rapidly deploying testing solutions,

and we are honored to bring our resources
right to their business front.”
Mobile testing services for workplaces,
schools, and events can be scheduled
in coordination with Medivolve’s B2B onsite
testing services programs. For more
information, visit www.testbeforeyougo.com.
About Medivolve, Inc.
Medivolve, Inc. (NEO: MEDV; OTC: COPRF;
FRA:4NC) is a healthcare technology
company that seeks to reinvent the U.S.
healthcare system by leveraging a bespoke
telehealth platform, a clinical diagnostic
network, and a data-driven A.I. framework to
improve patient care.
The company was born out of the healthcare
crisis; to rethink, relearn and ultimately,
reimagine a better way for the healthcare
system to operate. Our network of retail
collection sites plays an essential role in
recovery by giving all Americans access
to fast, accurate, and inexpensive clinical
services when and where they need them.
These centers will also play a pivotal role in
diagnostic testing, vaccinations, and other
point-of-care services. We are building
disruptive technologies to make it easier and
faster to identify, treat, and prevent medical
issues. In doing so, we are working to give
patients a holistic and empowered view of their
personal health.
Our long-term mission is to permanently fix
systemic issues in the nation’s fragmented,
overly complex, and expensive healthcare
system. Medivolve’s next growth phase is about
pivoting the model and putting the pieces
together to build a profitable, SaaS-based healthtech
company. We bring data-driven clinical
diagnostics, physician recommendations, and
prescription medications directly to people, all
powered by a singular, streamlined technology
network. A powerful, singular purpose unites
our team: harnessing the transformative power
of technology to create healthier lives.
Underpinned by a bespoke, AI-driven platform,
we’re developing a stealth system that
constantly gets smarter, takes the guesswork
out of diagnostics, and flags critical health
issues immediately to deliver an unparalleled
level of personalization for each patient. We are
determined to push the boundaries of what’s
possible—not just for our business and our
shareholders, but for physicians and patients
and the future of healthcare. We strive to
achieve a continuity of care never seen before,
a game-changer for our business and patients
in the communities we serve.
77

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