Suffolk, a member of multiple AGC chapters, has announced it is leading the sponsorship of a Digital, Analytics, Technology and Automation (DATA) Initiative with Northeastern University. Hosted by the D’Amore-McKim School of Business (DMSB) at Northeastern and supported by Suffolk, the DATA Initiative will establish a cross-disciplinary, innovative hub of thought leadership committed to researching, developing and sharing new knowledge and approaches for transforming organizations into digital and data-driven businesses.
According to a recent McKinsey&Company executive briefing, “Rapid technological advances in digitization and data and analytics have been reshaping the business landscape, supercharging performance, and enabling the emergence of new business innovations and new forms of competition. At the same time, the technology itself continues to evolve, bringing new waves of advances in robotics, analytics, and artificial intelligence (AI), and especially machine learning.” This new Northeastern DATA Initiative addresses the need to better understand how digital transformation will impact the global business world.
“In a world inhabited by humans and machines, seamless transition between the physical and digital is key, as we desire integration in our lives,” said Koen Pauwels, distinguished professor of marketing at D'Amore-McKim. “Because machines need people as much as people need machines, we aim to equip people with the skills and perspective to leverage this relationship. We look forward to partnering with Suffolk to gain a better understanding of how real-world businesses transform themselves to embrace the potential these new techniques bring to their organizations and for businesses in every industry.”
“As the world moves towards digital convergence, the construction industry has entered a new era of profound and enhanced data and technology sophistication,” said Jit Kee Chin, chief data officer at Suffolk. “At Suffolk, we are seeing quantifiable improvement in business outcomes by using digital tools and capturing real-time data for measurement and analysis. Our partnership with Northeastern will allow us to work closely with renowned academic leaders across all business functions, including human resources, marketing, business development, finance and construction operations, to better understand how to drive effective digital transformations throughout our organization.”
“Our partnership with Northeastern will allow us to leverage the power of innovation and data analytics to transform the construction experience, increase our talent pipeline and revolutionize our industry. But most importantly, this DATA Initiative will enlighten data-driven organizations throughout the world and will help business organizations from all industries prepare for the digital economy and the future,” said John Fish, chairman and CEO, Suffolk.
Suffolk is a national building contractor with $4.0 billion in annual revenue and offices in Boston, New York City, Miami, West Palm Beach, Tampa, Fort Meyers, Dallas, Los Angeles, San Francisco and San Diego. We service clients in every major industry sector, including healthcare, science and technology, education, federal government, gaming, aviation and commercial. Suffolk is privately held and is led by Founder, Chairman and CEO John Fish. Suffolk is ranked #23 on the Engineering News Record list of “Top 400 Contractors” in the country. Suffolk is a community-conscious organization dedicated to environmentally friendly and sustainable business practices, and is committed to making a positive impact in its local communities through grassroots volunteer work, employee fundraising and corporate giving. For more information, visit www.suffolk.com and/or follow Suffolk on Facebook, Twitter, LinkedIn, Flickr, YouTube, Instagram and our Build Smart Blog.
Associated General Contractors of America