This article in C&R magazine highlights 2024 restoration industry trends, focusing on the increasing role of technology, labor and wage pressures, and economic challenges. It emphasizes the importance of leveraging technology (AI, machine learning, cloud solutions) to drive efficiency, streamline operations, and reduce redundancies. Companies are encouraged to adopt tech-driven solutions, improve data management, and integrate software systems for better performance and profitability.
Relating to analytics and business intelligence (BI):
- Utilize BI tools to analyze labor costs, predict economic impacts, and optimize technology investments.
- Leverage AI/ML to enhance decision-making and operational efficiency in restoration processes.
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