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The British Bridges Built by Innovation

It’s easy to forget how far we’ve come with regards to bridge engineering. Our favourite bridges become a part of our natural environment. They are monuments no less than they are essential infrastructure.

But even new bridges appear ageless despite their novelty. This emphasises the prowess of engineers to integrate these giant structures into towns and cities. However, this can prevent us from appreciating the technological marvels that stand before us.

While size and span are already impressive, design and functionality should be recognised. In fact, bridge design has forced innovation in the construction sector. Some bridges are the largest moving structures. Unsurprisingly, bridges push technology to its limits.

Whether modern or historic, many bridges are defined by innovation. Here, we look at the bridges where technology has fronted innovative design.

The Infinity Bridge, Stockton

Not many bridges are shaped by their users, but the Infinity Bridge in Stockton uses innovative technology to react to pedestrians crossing the River Tees. The design of the bridge is striking itself. The dual tied arch design means that, when reflected in the water below, the image of a looping infinity symbol can be seen. However, it’s at night when the design really comes to life.

The bridge is illuminated with custom-designed LEDs, shining blue and white lights on the bridge’s handrail, footbath, and across the arches. While most modern bridges are illuminated in such a way, the innovation of motion sensors sets this crossing apart. When pedestrians use the bridge, motion sensors will detect the user and change the lights from blue to white on the handrail and footpath. Walking across the bridge will slowly return to a blue colour, leaving the impression of a comet tail in your presence. At night, walkers can enjoy dancing across the bridge to create unique light shows for themselves. Inaugurated in 2009, the bridge is expected to last 120 years. While this isn’t quite an infinite amount of time, the innovate design will certainly leave a lasting impression.

The Forth Bridge, Edinburgh

When thinking about innovation, looking beyond the past 100 years may seem questionable. However, Victorian engineering technology is still at the forefront of modern design. It continues to shape how the industry continues to grow.

The Forth Bridge, west of central Edinburgh, was completed in 1889. The bridge was innovative due to its construction material—steel. Previously, structures of this size were made from wrought iron. The Eiffel tower is a contemporary example of this.

Technological innovation allowed for the progression to harder and stronger metal alloys. The Bessemer process was the first inexpensive industrial process for the mass production of steel. This invention allowed the 53,000-tonne bridge to become the first prominent steel structure in Britain.

The longevity of structural steelwork means that it’s still used today as the foundation for many bridge designs. Despite over 100 years of technological innovation, and the changing process to produce steel, the material remains favourable in the industry.

Humber Bridge, Hessle

When the Humber Bridge opened in 1981, it was the longest single-span suspension bridge in the world. With a total length of 2,220 metres, it held its record until 1998.

The bridge was innovative for several reasons. Most importantly, the bridge’s spans were constructed from hollow reinforced concrete towers. This was the first time concrete had been used in this way. Previous long-span suspensions bridges had to use steel to sustain the weight of the bridge and heavy traffic.

Since then, research has revealed the effectiveness of this technique, showing how hollowed concrete is particularly suited for suspension bridges. One paper compared the strength of solid concrete beams and hollowed concrete beams. The researchers designated their comparative strengths in various scenarios. The study concludes: “when torsion is dominant, it is advisable to construct the beam as hollow”.

Torsion is a prominent movement in suspension bridges. It involves the twisting of an object when it meets an applied force. This force may be wind or traffic. Many suspension bridges have failed through aerodynamic instability. Preventing torsion reduces the risk of collapse in this situation. The maintenance of steel wires and bridge supports is essential for longevity, and innovation continues to make bridge engineering easier.

The future of bridge engineering relies on increasing innovation. Reinventing common materials and finding new ways to impress bridge users has been a staple of British engineering for generations. Moving forward, technology will play a bigger role in engineering designs and solutions. Pushing construction to its limits it the best way to move the industry into the future.

Sources

https://www.gateshead.gov.uk/article/4596/Gateshead-Millennium-Bridge-facts

https://www.whatdotheyknow.com/request/gateshead_millennium_bridge_tilt

https://www.researchgate.net/publication/225417520_Comparison_between_solid_and_hollow_reinforced_concrete_beams

Fresh Ideas: How Amazon Is Transforming the Grocery Industry

Since the first supermarket was opened in the US in 1930, the industry hasn’t changed much. Supermarkets are handy places for us to go and pick up what we need, when we need it, all from one place. It’s fair to say that expectations are limited when it comes to supermarkets—customers know what’s coming: baskets, shelves, and checkouts. However, this all changed when Amazon opened its first physical grocery store location in 2018, Amazon Go.

The move created shockwaves throughout the grocery industry for one major reason—there are no checkouts at Amazon Go. In this article, we look at all the latest grocery innovations Amazon has brought to the table.

Online to onsite

For a traditionally online retailer, opening a brick and mortar store may seem like a strange move, but Amazon’s shift into the supermarket industry should not come as a surprise. Of course, Amazon’s new line of grocery stores does not replicate the existing shopping experience. Instead, every aspect of the process is optimized with technology and efficiency in mind.

Amazon describes its outlets as “a new kind of store with no checkout required”, all thanks to their innovations. These stores use the same technology that you would find in driverless cars. Cameras track the movement of customers and products to calculate what you’ve taken. There’re no checkouts, so just leaving the store with your goods is your checkout experience. Your Amazon account would then be charged.

For consumers, the appeal of an instant checkout grocery store offers two main benefits. First, the experience is more efficient and enjoyable. Second, lower employee costs can translate into cheaper products. These ideas are priorities for supermarkets approaching the future of food retail, especially with the growth of discount marketers like Aldi. In 2019, Aldi had 1,800 stores in the US, with plans to increase this to 2,500 by 2022. The average Aldi shopping basket cost is 20 percent less than in Walmart.

Amazon’s mission to produce high-quality goods at reasonable consumer prices is ambitious but is already clawing away at the competition. According to one report, Amazon Go is up to 25 per cent cheaper than its nearest rival, Kroger-owned QFC. The stiff competition means Amazon is willing to go the extra mile to dominate this industry.

Competition or a boost for businesses?

The expansion of Amazon into the grocery market could be frustrating for their new competition, but it creates a powerful sentiment: physical shops are not doomed to be a thing of the past. While it does create additional competition, it also invigorates the industry and promote in-store shopping over online commerce.

Amazon’s move has pushed many grocers to offer click and collect options. Plus, the expansion of self-serve checkouts and scan-as-you-shop devices reflect a new era of innovation for supermarkets. Most importantly, Amazon’s physical shops can help alternative and growing businesses.

Amazon Go stores can be used as fulfilment centers for small businesses that are registered as sellers on Amazon. This means that customers can pick up their packages with ease at any of their grocery stores. Furthermore, the physical locations mean that construction and engineering jobs can be created to build the new no-checkout stores.

A rapid expansion along with reinvigorated needs for safe and hygienic shopping locations means that manufacturing can benefit from Amazon’s expansion. The growth of factories and fulfilment centers also needs to ensure safety. Safety and hygiene practices would also need to be considered with the increasing number of factories and fulfilment centers, with stainless steel electrical enclosures and cable management systems being an effective solution.

The contactless nature of Amazon’s grocery stores has come about at the right time too. In a world where we are becoming increasingly conscious of our interactions with people, contactless is the way to go.

Your new shopping assistant

As well as AI being used to calculate what you’ve bought in an Amazon Go store, the experience of shop assistance has also been digitized. Amazon’s own Alexa is a prominent feature of the shopping experience. Units across the store are ready to give guidance and advice on your shopping needs. The Echo devices with the enabled voice assistant can guide you to locations in the store and offer information about their products.

As well as the virtual assistant, the digitized stores also offer customers the ability to track their spending. Receipts are automatically emailed and grant customers access to product information online. The ability to access this information not only changes how we shop, but potentially how we eat. In the future, grocers may recommend products based on our dietary choices, and offer healthier alternatives. While moving into a physical location, Amazon is moving a conception of shopping to online spaces.

This business premise is expected to expand globally from 2020. With triumphs throughout the country, it will likely and continually grow at successive rate here in the USA as well. With this in mind, it could be expected that these innovations will expand not only into other supermarkets and grocers but into other retail sectors as well. Hospitality and fashion retail may benefit from a similar approach to no-service-needed businesses, where products can be taken, and your account will be automatically charged. Every industry is changing through technology, and our lives will be wildly different as a consequence.

Sources

https://www.geekwire.com/2016/amazon-go-works-technology-behind-online-retailers-groundbreaking-new-grocery-store/

https://edition.cnn.com/interactive/2019/05/business/aldi-walmart-low-food-prices/index.html

https://www.geekwire.com/2020/price-analysis-shows-amazon-go-grocery-already-undercutting-nearby-retail-rival/

https://www.theverge.com/2020/2/25/21151021/amazon-go-grocery-store-expansion-open-seattle-cashier-less

LESS CARBON, LESS ENERGY AND LESS MONEY SPENT

What is the future of BIM in the Rainscreen Cladding Industry?

BIM can be used to design and document entire buildings including the full infrastructural designs. Every single detail can be modelled in BIM, right down to the material selected, the thickness of that material and the finish used. This can be used to explore design options, to create visualisations to bring a project to life before it is built and even to test certain build ups and how they will look in practice.

BIM is no longer new in the construction industry. If you work within the architectural or construction contracting field, it is very likely that you have seen or heard about BIM objects, 3D models and Common Data Environment (CDE).

But here’s the true question: Are you using BIM to its full, competitive edge?

Sotech, are advocates of BIM. Not only can it help all parties in the supply chain get the job completed on time and within budget, but using BIM to its full potential can lead to huge cost savings and time efficiencies in designing and constructing a building.

In house, we have seen BIM objects revolutionise the way a building is conceived and built, and dramatically cut lead times from conception through to manufacturing. This is made possible not simply because architects and designers have immediate access to the latest models specified in the project, but as a direct result of the relationships built during the design stage.

Sotech doesn’t just advocate using BIM, they also advocate working directly with architects during the BIM modelling stage to ensure every aspect of the model is feasible and cost effective in practice and not just in principle. By doing this, costly mistakes can be avoided, cost efficiencies can be highlighted, and alternative solutions can be tested quickly and effectively.

The truth is that this real competitive advantage of BIM isn’t yet being utilised to its full potential industry wide. In this article, we would like to make a case for both (1) making more use of BIM Objects in all stages of your project and for (2) engaging the Sotech team much sooner in the process to input and advise on the best possible solution for your design.

WHAT IS BIM?

Keeping this brief, BIM stands for Building Information Modelling, and was originally introduced more than a decade ago to make the workflow in a construction project more efficient and less wasteful. The three things that can be saved in abundance by using BIM are energy, carbon and money.

BIM is used in different ways by manufacturers, architects and main contractors, and every individual has a preferred way of using BIM tools and techniques. Generally speaking, BIM is a process that can be tailored to suit people depending on their core functionalities.

Using BIM, participants can improve document management, coordinate actions and map out the entire lifecycle of a project, from planning and design to building, operations and ongoing maintenance.

However, the most effective use of BIM from a manufacturer’s perspective is the accuracy of the products being selected. When used to its full potential, BIM can be used to design and document entire buildings including the full infrastructural designs. Every single detail can be modelled in BIM, right down to the material selected, the thickness of that material and the finish used. This can be used to explore design options, to create visualisations to bring a project to life before it is built and even to test certain build ups and how they will look in practice. The model created can then be used to generate the full design documentation for construction.

WHAT ARE THE MAIN BENEFITS OF BIM?

The main benefits of BIM will vary, depending on your objectives as an organisation. However, there are two main benefits to using BIM:

CapEx, relating to design and capital expenditure. By modelling a project, using BIM objects supplied directly by the manufacturers, a user can cost up a project effectively and efficiently. The costs go beyond the cost of material to, for instance, the energy required to produce the materials and carbon footprint created as a result. By tweaking the design and working closely with manufactures, like Sotech, users can see how different materials and processes can affect the overall cost and environmental impact of a building. This means that designers can specify the most cost-effective material and system, exploring different options in the early design stages. More information = more informed decisions.

OpEx, relating to operations and running the building. The asset information for each material and element of the build is digitised through BIM documentations for the Facility Management (FM) team. This means if during the lifespan of a building a lift or even a door handle needs replacing, the FM team can look through and search for the manufacturer who provided the specific product and either re-order or use the warranty to replace the specific component.

The combination of CapEx and OpEx benefits produces higher quality work, increased productivity and stronger project coordination. This in turn leads to improved relationships and further opportunities for collaboration on other projects.

WHAT ARE THE BIM LEVELS?

There are currently 4 levels of BIM:

Level 0 BIM

In its simplest form, level 0 means unmanaged CAD.  2D CAD drafting only is utilised, mainly for production information.  The majority of the industry is already well ahead of this.

Level 1 BIM

This comprises a mixture of 3D CAD for concept work, and 2D for drafting of statutory approval documentation and production information with a collaboration tool providing a common data environment.

Level 2 BIM

Is an information exchange process which is specific to the project and coordinated between various systems and project participants.  This method of working has been set as a minimum target by the UK government for all work on public-sector work.

Level 3 BIM

The jump from Level 2 to Level 3 is a big step and is unlikely to happen in the next five to ten years, this highlights that it is likely to be an “integrated” solution around open standards such as IFC with everyone working from a single model.

AT WHAT STAGE CAN SOTECH GET INVOLVED IN A PROJECT?

Typically, there are five main design stages:

Start – creating an overall picture of the project

Concept – outlining the ideas for the building

Design – getting into the crux of the building’s look, form and shape

Technical design – increasing the information in the model to show how the project will work in principle

As built – what the final building will look like, down to every detail with all the information required to run and manage the building.

With new customers, Sotech is typically engaged at stage 4 or 5 AKA technical design or just after design intent stage. There are invariably large edits to make at this stage. Perhaps a material for the rainscreen cladding has been specified at the wrong thickness. Perhaps a certain bend isn’t fully possible in that unique build design. Perhaps the combination of materials and finish won’t give the wind protection needed. Changes like this can take weeks to correct and can have surprising consequences to the project cost and timescales.

In truth, the Sotech team aim to be involved from the initial conception of the project, advising on the best possible combination of rainscreen systems, materials and finishes to suit the look,  the budget and the timescales for the given project. Sotech can even advise and highlight common issues with other elements of the build.

When the model is then completed, there are no mistakes to correct and no surprise adjustments to the budget. The model will work, and we can move directly to documentation and manufacturing. This can save huge amounts of time, money and energy. In this respect, BIM isn’t just about the model, it’s about different parties working together during a project to arrive at the best possible solution for the best possible price.

Engaging Sotech at an early stage allows them to make suggestions, spot opportunities for efficiencies and crucially, highlight any risks or mistakes. That way, when the model is complete, everyone can be certain it will work in practice and not just in principle.

As a business, Sotech has been working with and advising clients for four decades and we are BIM compliant, following the NBS rules and IFC rules of government for BIM compliance. Each of the unique Optima rainscreen cladding solutions is represented in BIM. If you are about to start a new project, we’d welcome a conversation about how we can advise you from the outset.

WHAT IS THE FUTURE OF BIM?

BIM level 2 was formally mandated by government since April 2016 and over the last few years it is safe to say that 3D modelling is now fully realised. We envisage that the next focus will be on dimensions of BIM (above 3D) prior to BIM level 3. The next ambition is linking 4D into our 3D model where the project programme is linked to the federated model and schedule is updated in real time. This will have huge additional benefits. For example, it will be easier and faster to plan for and arrange storage, shipping and handling of materials because exact weights and sizes can be calculated in real time.

Once this is fully achieved and understood, the next important dimension is 5D which is related to costs, meaning to add the full cost, size and weight of the component parts into the model. Using the model to cost the jobs by linking 3D to 5D. Sotech can offer this service now, by extracting the BIM model and using an Excel programme to calculate the cost. In the near future, this will be built directly into BIM.

Internally, Sotech is very excited about the evolution of BIM and continues to invest heavily in the development of its models and the training of its team. They are committed to having the right software, the right skills and the right experience in house to help our customers build buildings that are safe, stunning and sustainable.

To be frank, BIM will become the norm in the construction industry over the next five years and so any time spent learning and using the system available in more advanced ways will provide even more advantages in the future.

WHAT ARE THE THREE MOST COMMON MISTAKES MADE WITH BIM MODELLING?

Sotech have looked at over many models in the last few years. Here are the top three mistakes we see most commonly:

The models they receive often lack many manufacturing detail where they could have these ironed out if we were to be involved earlier in the project.

The thickness of the material isn’t possible in certain projects. For example, an architect might have specified 2mm, when 3mm is required for that material to function as desired. When these changes are made, it affects everything in the model because it is all linked, and this can take days to correct.

Clashes between elements – sometimes Sotech see notch details or panels that clash with each other because the return isn’t correct. Sometimes we see panels being overlapped the wrong way around making them ineffective. Sometimes we see fire barriers or rail carriers placed upside down or the wrong way around. By spotting this on one floor of a building, the corrections can be made and then correctly replicated as each new floor is built.

If the model is correct on completion, we can go direct from the 3D model to the shop floor. This saves a lot of time and money in the design stage. Any mistakes can take days or weeks to rectify. And they’re 100% avoidable. That’s why we recommend calling Sotech as early as possible and having an experienced member of our team review the model in stages, rather than on completion. Our ultimate goal, for our teams and the customer, is to receive a model, check it and send it to the machine. This is only possible when BIM Objects are used to its full potential and we’re invited to review models in stages, rather than on the final completion.

WAYS SOTECH CAN HELP: 

Sotech provide support and advise early doors to their customers during the conceptual design stage. Ensure the components suggested at the design intent stage are feasible to manufacture. Help and support customers to specify the right Optima system for their projects. Provide our customers with BIM objects and other 3D templates.

How SEN Schools Are Fighting Waste in Education

The UK’s Government’s 2018 waste management strategy for England set out ambitious waste reduction and sustainability targets for many sectors. By 2020, it was expected that 50 per cent of household waste should be recycled. The results of these targets are yet to be published. However, evidence suggests that the public continues to respond to these initiatives well.

But while local authorities aim to combat domestic waste issues, another part of the public sector is going under the radar. The education sector is failing on waste, with figures suggesting that schools only recycle around 23 per cent of its waste.

Secondary schools will produce 22kg of waste per pupil every year. Meanwhile, primary schools will create about 45 kg of waste per pupil every year. In total, the education sector produces 250,000 tonnes of waste every year.

This number is disappointing. However, it should be noted that students have a growing enthusiasm for environmental protection. Children are helping their schools to launch recycling, composting, and litter picking strategies.

For students with special educational needs (SEN), these initiatives can help to provide active learning opportunities. Active learning recognises that every student with SEN is unique, and therefore a variety of learning opportunities should be used to educate and inform. Educational institutions can help students with SEN understand their environment while combatting waste problems.

Throwing money away

Of course, education needs a lot of resources, particularly in SEN centres. It should come as no surprise then that 70 per cent of all education waste is made from card, paper, and food. However, despite 80 per cent of this waste being easily recyclable, only 20 per cent of it is recycled.

This is an expensive problem, particularly for food waste in schools. Food waste can cost up to £2,100 per tonne, after procurement, labour, utilities, and waste management. Local authorities will spend around £250 million every year to manage food waste alone.

Equally, Landfill Tax contributes to an avoidable cost which could be spent elsewhere. Estimates suggest that local authorities could save £6.4 million by using more sustainable waste management methods.

This problem can be addressed by local authorities and individual education sectors. Removing costs means that more money can contribute to the education of children, particularly for those with SEN where more funding helps to tackle learning inequalities in the sector.

SEN schools leading the way

There are currently 52,000 schools across 67 countries which are registered to the Eco-Schools campaign. These schools will follow a seven-step plan, claiming awards along the way to a prized green flag to display at their school. Such steps can include an eco-committee of students, creating an eco-action plan, and then acting on this plan. For SEN centres, activities can include students assisting with composting, litter picking, or growing their own fruit and vegetables.

One SEN school is using the Eco-Schools campaign to engage their students with sustainability and learning. Foxfield School in the Wirral helped students to promote biodiversity in their school’s garden through beekeeping, creating a litter-picking group to keep the school grounds tidy, and an oceans’ day to teach about sea life and how to protect it.

For schools starting on their eco-journey, composting is an affordable and accessible entry point. Most fresh food waste and unavoidable food waste such as tea bags and eggshells can be composted. Meanwhile, waste cooked food can be placed in wormeries.

The use of a composter is a useful teaching tool, most importantly for the understanding that the best way to prevent food waste is by eating all of your lunch.

Starting with local authorities

The reduction of overheads and operating costs should be the main focus for local authorities. New solutions are needed to combat waste, with ever-increasing budget restraints.

To save money, local authorities should avoid waste going to landfill. But some school waste going to landfill may be unavoidable, and public waste services can struggle with demand. Instead, authorities could utilise the contracts of waste management businesses. These services can create and implement waste strategy plans to help organise waste effectively and into appropriate waste streams.

Most sectors across the UK are utilising single-stream waste recycling. Even local government offices are becoming more sustainable with this approach, using waste procurement and waste removal companies. This means that sustainability is ensured.

SEN centres can also benefit from this approach if it is implemented by local authorities. There are stringent guidelines for commercial businesses which manage waste. They must ensure that every effort to reuse, recycle, or recover waste is made. In this respect, it is unsurprising that the education sector is not achieving the same. While targets for household waste recycling stand at 50 per cent, why then should the education sector not meet these targets as well? Especially when education waste is made up of a majority of recyclable material.

One waste removal specialist company indicates that education is pivotal to ensuring waste is disposed of properly. Michael Taylor, General Manager at Skip Hire UK, says: “Schools have a duty to lead by example and give the next generation the tools, ideas, and logic to make sound decisions with regards to environmental best practice.

“Education is key here – and while there is no perfect world, doing the right thing in the most cost-effective manner will always be a solid principle to adhere to. Companies like ours and others across the industry will always look to assist schools to promote and educate future generations.”

Education strives on example. Students are enthusiastic to work in an environment where sustainability and the environment is a priority. They can see the consequences of unstainable practices playing out in real-time. Schools must continue to use their influence to inspire young people to use waste responsibly and ensure they can actively learn from these strategies.

Sources

https://www.gov.uk/government/publications/resources-and-waste-strategy-for-england

https://www.wrap.org.uk/content/new-study-shows-great-potential-recycling-school-waste

https://www.gov.uk/government/publications/rates-and-allowances-landfill-tax/landfill-tax-rates-from-1-april-2013

https://www.eco-schools.org.uk/about/howitworks/

What do you need to know about dealing with motorbike accidents?

Motorbike accidents can be scary and potentially very dangerous. It’s common knowledge that motorbike riders are at greater risk of severe injury when involved in an accident, as motorbikes expose their riders much more than cars do their drivers. But when you have to make a motorbike accident compensation claim, what should you actually do?

The first and most important step

It’s easy to say and difficult to do, but the very first thing you must do when you or anyone else is involved in motorbike accidents is to keep calm. A level head will help you focus on what you need to do next, avoid panic attacks, and ensure a clear head. So when a motorbike accident has happened, take a deep breath and keep calm.

Next, make sure everyone is safe

When you’ve collected yourself, it’s time to make sure everyone involved is okay. Ascertain who was actually involved in the accident itself and check their condition. If there are several people around, have someone call the emergency services while another checks everyone’s safety and relays the information. This means the emergency services will know what they’re dealing with when they arrive.

Contact the ambulance service and the police. If you’re not sure who you need to call, it’s better to call them and explain the situation; the operator will give you more information.

If anyone is injured, resist the urge to move them. You may think you’re helping by trying to make them more comfortable, but unless you’re medically trained, it’s very easy to actually aggravate an existing condition by moving an injured person. The emergency services will respond as soon as possible and be able to better ascertain their condition then move them as needs be.

Collecting the details of those involved

Once you’re sure everyone is safe, it’s time to start making sense of what happened. It’s important that you try and resist the urge to apportion blame at this point. It’s a natural urge, but it can actually be very counterproductive.

The thing to do is just determine who was actually involved in the accident, how many people, and how many vehicles. Then, get the details of those people and the vehicles. After that, think about getting the details of anyone who happened to see the accident take place. It’s always a good idea to take pictures if you can to show the condition of the vehicles at the accident scene.

When should you start your claim?

It depends on the severity of the accident. For most accidents where everyone is okay, you should be feeling fine to contact your insurance company that very day to get the ball rolling. If the accident was more traumatic, give yourself the day to gather your thoughts and mentally recover a little before contacting the insurance company the following day.

Always keep as calm as possible

Circling back to our first point, the most important thing to do when you’re involved in motorbike accidents, or any kind of accident for that matter, is to keep calm, take a deep breath, and act logically.

Low Spread Forex Brokers: Here Our Top 3 List For 2021

The Forex market has always been one of the most active and interesting financial markets among the many available online. We’re speaking about the market with the most liquidity between all, which is interested in trading movements performed by some serious big players (meaning: the main banks and financial institutes of the world).

It’s no surprise than if many retail traders want a piece of the pie and become an active part of this market.

Today, we want to help out all those future traders who are Forex enthusiasts and wants to know all the low spread forex brokers available today in 2021

Our Top Choices

We decided to make a smart list of only 3 brokers, which have been rated and selected after checking dozens of other similar services of this kind.

Even before doing this check though, we want to underline the fact that we discarded every non-regulated broker, no matter what their offer was. That’s because even if they declared to have the best features available today or the best deals, they were not in the position to prove it.

Remember: a non-regulated broker poses a serious threat to your finances because you may fall in a scam when asking for their services.

Pepperstone

The Australian broker Pepperstone is considered to be one of the most sophisticated CFDs providers for the Forex market. Empowered by advanced tech if compared to the competition and with an extremely competitive spread, ECN Razor account provided by Pepperstone is our top choice.

In addition, this broker comprehends low trading cost and an execution speed way faster than the average on this type of platform.

BASIC INFO:

  • Regulations: FCA (#684312), MIFID-ESMA, ASIC, DFSA, CYSEC, Offshore
  • Trading Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Desktop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
  • Minimum Deposit: $200

XM

This brokerage service has surged and has one of the best brokerage services in Europe for trading in the Forex market thanks to their spreads as low as zero pips.

On XM average spreads are 0.1 and the minimum deposit required for starting a standard account amounts to only $5. With such an affordable price to start trading for real not only with FX pairs, but in thousands of financial instruments.

These include:

BASIC INFO:

  • Regulations: MIFID-ESMA, ASIC, CYSEC
  • Trading Platforms Available: MT4 Desktop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
  • Minimum Deposit: $5

OctaFX

This broker has become famous internationally for being well regulated and having an important presence not only in Western countries, but also in Asian nations where trading has become more and more popular day by day.

With OctaFX you’ll have access to an astonishing number of different trading platforms where you can perform all the trading operations needed to gain your financial success, with a minimum of 0.4 pips for Forex trading.

Copy trading is available on their platforms and you can open an account with only $100 of minimum deposit.

BASIC INFO:

  • Regulations: MIFID-ESMA, CYSEC
  • Trading Platforms Available: cTrader desktop, cTrader web, MT4 Desktop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
  • Minimum Deposit: $100

A Comprehensive Guide on How Virtual Data Rooms are Transforming Businesses

Currently, virtual data rooms are becoming more and more important for most businesses across the world. If you are in an industry that deals with financial transactions, then you have probably heard about VDR. You may also encounter data room due diligence if you are in the process of selling your company.

Virtual data rooms are essential to every business that wants to enhance its security, streamline its operations, or facilitate due diligence processes. The market for virtual data rooms continues to increase as businesses in most industries look for innovative ways to survive and stand out from the competition.

But what exactly is VDR and how is it transforming the business landscape? Read on to learn how virtual data rooms can help transform your business. 

What is a Virtual Data Room?

A virtual data room, or due diligence data room, is an online data room that is used by companies and businesses to store sensitive and important documentation. Other than acting as a repository, VDRs also allow users to share with investors, potential clients, and employees in a controlled environment. 

A virtual data room is also useful for enhancing the due diligence processes of companies. These data rooms are useful for streamlining M&A transactions that involve disclosing and sharing sensitive information with third parties.

Some of the industries that use virtual data rooms include: 

  • Legal firms
  • Investment banking
  • Technology
  • Private equity and venture capital firms
  • Life science

The Evolution of Data Rooms from Physical Data Room

Before the innovation of virtual data rooms, most businesses used physical data rooms to store and share business information that is necessary for due diligence. These were physical rooms where businesses and companies would store sensitive information and there were restrictions on who had access to the data room.

Although these data rooms were great advancement from the traditional storing methods like filing cabinets, they were still susceptible to data thieves. 

Because of the security concerns that come with physical data rooms, business owners worldwide are now investing in virtual data rooms. In virtual data rooms, folders and files are stored in a room that can be customized based on your needs. Plus, the data can be stored in various places and countries where the data room provider’s data centers are located. 

Benefits of Virtual Data Rooms

Here is why most entrepreneurs prefer VDRs.

  1. Quick and Easy Navigation

Unlike physical data rooms, virtual data rooms have features such as filtering options and advanced search options that make navigation easy. The business admin can arrange information in folders to allow the user to navigate through without much difficulty. This is particularly useful where business transactions and processes require reviewing and sharing countless documents. 

Another great feature that ensures seamless navigation is the site map. This feature uses live links to list out the breakdown of the virtual data rooms.

  1. Increased Control

A unique spec of virtual data rooms is the customizable permission setting that allows the administrator to control who can access certain documents in the data room. They can easily track the activity of the users in the data rooms and revoke access at any point during the transaction.

With the activity report, you will be in a better position to determine the level of interest of potential buyers during M&A transactions. Plus, you can configure different security measures like setting the expiration date.

Another important control feature is the drop-and-drag file. This tool allows you to make changes to an already uploaded file so you can have control over the information you have shared.

  1. Utmost Security

With most people shifting from traditional platforms to digital platforms, improving the security of your business is important. When you invest in VDRs, you can be assured that your confidential information is well secured. 

VDRs are equipped with various security procedures that can protect your business data. This can, especially, be very beneficial for businesses that deal with sensitive information like financial institutions, law firms, and many more. 

  1. Worldwide Access

A challenge with physical data rooms is that a lot of time is needed to access the files. On the contrary, VDRs are easy to access regardless of where you are. Besides, you can do transactions and share documents using your device anywhere you are. 

This also allows reviewers to access the files and folders in a quickly and efficiently. Consequently, transactions will be fast and seamless. 

  1. Improved Data Management

For businesses that deal with large volumes of data, locating specific files can be quite overwhelming. A benefit of virtual data rooms for businesses is that they can filter files depending on the date or time.  This ensures better data management of your file history. 

  1. Effective Communication

VDRs improve communication within an organization, which in turn improves efficiency and productivity. As more companies adopt remote working for their employees, a virtual data room can come in handy to help team members communicate effectively. Your team can also access and browse information from different locations, leading to workflow efficiency.

The Future of Virtual Data Rooms for Businesses

Despite all the benefits that virtual data rooms offer businesses, there is still more innovation and the transformation continues. It is believed that VDR companies generate massive revenue since virtual data rooms became popular in 2017. In 2016, nearly 240 VDR providers generated over $800 million in revenue. 

Businesses in nearly all sectors are increasingly investing in VDRs because of the technological data solution they offer. VDR has undoubtedly revolutionized how business data and deals are done and shared in the world of business.

Moreover, businesses are bound to continue shifting from physical data rooms to VDRs because of the security level they offer. VDR promises the safety and security of information, deals, transactions, and internal communication. 

It also provides a platform where bosses, potential clients, and workers can work together seamlessly, which is vital for the success of any business. An emerging trend is using virtual data rooms and blockchain technology to enhance security for business transactions. 

Ultimately, VDR is taking over the business world and is expected to continue for years to come. Although not all businesses have fully accepted this platform, it is clear that VDRs will not go away anytime soon. 

Why small and medium businesses should begin outsourcing in 2021

The COVID-19 pandemic sent shockwaves across economies and every sector of business around the world.  Small to medium companies everywhere have been on life support and many smaller companies have closed down over the past 12 months. The business world has taken a definite knock. Visual Capitalist agrees. The companies that have made it this far have had to actuate heavy budget cuts to stay afloat. Unfortunately, retrenchments were also inevitable despite being a last resort. Outsourcing, on the other hand, has seen an increase. This is due to the fact that technology now facilitates better collaboration regardless of distance. This is expected to increase in 2021 and the years to come.

What is outsourcing?

Outsourcing is the practice of sub-contracting or delegating projects, tasks, or business processes to external contractors. That essentially means that some of your business functions, tasks, or projects will now be handed over to a seasoned specialist contractor like a digital marketing agency. 

What is the difference between Outsourcing and Insourcing?


Let us say you are an ecommerce store, and you have a task that requires graphic design. You remember that Jane from accounts mentioned in her cv that she has experience with graphic design, so you call her in to help. That is insourcing. Outsourcing would have been looking externally for a specialist graphic designer.

3 main reasons why you should begin outsourcing specialists in 2021. 

  1. Maximised efficiency

John owns and runs a furniture manufacturing company. He decides to expand his business by doubling production and exporting his handmade furniture to other countries. While some companies have the resources to keep the entire export process in-house, John does not. It would cost him far less to just outsource to an export specialist.

Benefit: As with every angle of business, there are laws and regulations you should abide by. Outsourcing to a specialist guarantees legal compliance for your business. You will not make losses based on lack of knowledge. Your chances of succeeding are much higher because you now have an expert at your disposal.  This allows you time to focus on the core aspects of your business, like production and business development.

  1. Reduce hiring costs
    Hiring can be expensive and time-consuming. From the creation of the recruitment strategy, figuring out what special skills are required of the recruited, to spending money on job websites and conducting interviews, screening, and background checks. This entire process can take anywhere between 8 to 12 weeks, after which comes training. It could take them another 3 to 4 weeks of adjusting to become fully productive or ready to work according to your standards. You have invested so much time and money.

Benefit: Outsourcing takes all that effort away by being fast and efficient. All it normally takes is one or two conference calls or meetings to discuss the scope of work and your business objectives. They send you a quote. You pay. They begin. All this inside of a week. This is precisely why you should outsource to a recruitment agency. You tell them exactly what you want and in no time, they have the exact match for you. Save your money and time.

  1. Get expert specialists the first time.
    While searching for the best-qualified digital marketing manager to join your team, you may find that you’re having trouble finding a candidate that actually has a full-stack digital marketing skillset. This is time-consuming because you must sieve through numerous candidates.  The same applies to when hiring a personal assistant. With government-ordered lockdowns in effect across the world, many office workers have had to work remotely. This has transcended the role of a personal or executive assistant. It has become important to outsource the very best personal or executive assistants who know how to work remotely and are tech-savvy. 

The advantage of technology also makes it possible for you to outsource assistants that closely match your selection criteria from all over the world. In fact, long before the COVID-19 pandemic, virtual outsourcing was already available but under-utilised. AVirtual for example, is a Cape Town based outsourcing company that connects specialist international virtual assistants with business leaders around the world and has been providing this cutting edge service for years.


Benefit:  Outsourcing makes it possible for you to hire the very best specialists without the time burden of recruitment and breaking the bank. The company you are outsourcing has already done all that HR work for you. When you call them, they simply assign an expert based on your requirements, you meet the assigned expert and if you like them the work can begin immediately.

The COVID-19 pandemic has stretched the range of limits in the way business is conducted. Remote working has redefined collaboration. Predicted business practises are leaning towards the increase in outsourcing for sustainable business.

Investment Opportunity: Crypterium Private Equity Sale On Seedrs

They say that early bird gets the best offers and hefty profits. If you look back at some of the most successful cryptocurrency projects, that does make sense. Ethereum, Binance, Polkadot, and many other platforms that started small are now topping the crypto market cap list. And it’s an investor’s job to bet on the right one.

When choosing the next likely to succeed fintech project, analyzing the potential of the technology should become a priority. Crypterium, an award-winning digital wallet and a licensed financial institution, proves that building a solid product is what contributes to building trust among investors. After listing on Seedrs, a popular online fundraiser from the UK, Crypterium is about to hit the 200% overfunding target. And there’s still time to join the party. 

Crypterium: Why So Special?

Chaired by former VISA General Manager, Steven Parker, Crypterium is on the mission to redesign the traditional financial system by rolling out crypto rails and bridging fiat and digital currency spaces. 

Crypterium currently features two major products in operation: Crypterium Wallet and crypto-to-fiat card for everyday purchases. The wallet serves as a universal tool for easy digital asset management and allows sending, holding, buying, exchanging, and withdrawing crypto, as well as earning interest. Contactless Crypterium Card, in turn, enables its owners to pay for goods and services in over 42 million retailers from 180 countries, as well as withdraw cash in the majority of ATMs worldwide.

In 2020, the company’s key product – multicurrency wallet —  demonstrated sustainable growth. The number of the wallet’s users has doubled, totaling 400,000 people across 170 countries. As opposed to other industries, the global pandemic had a positive impact on the crypto space, and Crypterium appeared to be on top of the situation demonstrating 10x monthly profit growth and  €150.000.000 turnover. 

Apart from developing its signature products, Crypterium, similar to other companies designing in-demand cryptocurrency wallets, offers its white label solutions for businesses lacking proper wallet and infrastructure layout. As of now, more than 25 enterprises employ Crypterium’s services. 

New Investment Opportunities

The new investment round is meant to help the company speed up the process of building innovative financial solutions including the loan system and AI-based predictions. The platform plans to further extend its B2B product portfolio by adding crypto acquiring and other solutions. As for the B2C services, portfolio management, interest and fiat accounts, as well as other DeFi products are to be introduced. 

Dedicated to providing global access to cash, Crypterium is on the way to entering the new frontiers of Asia and South America. To be fully compliant across all the major markets, the company schedules to complete the UK registration, EMI Europe, and MSB USA.

Other medium-term expansion plans include moving away from third-party services including card issuance, custody, and exchange which will significantly reduce fees on all of its features. Crypterium is looking to issue its own cards with global coverage and international wire transfers.

Having successfully completed a series of legal checkups and verified by Seedrs as a legitimate and high-standard investment opportunity, Crypterium was approved for hosting a closed private equity sale. 

By registering on Seedrs anyone can buy Crypterium’s private equity. Future investors are offered six benefit packages that fit any budget starting from 100 EUR to over 50,000 EUR.

Depending on the category, various benefits can be unlocked from getting free access to Crypterium’s proprietary price prediction tool to taking part in shareholder meetings or obtaining priority access to Beta testing. Other benefits include cashback on Crypterium Card purchases, higher interest rates, branded merch, and custom card design. 

To participate in this fundraising activity, investors should sign up on Seedrs.com and verify their profiles. Then they have to choose an investment package via Crypterium’s portal, and submit their Seedrs registration data to receive a CRPT token bonus. 

Things That Make You a Boring Boyfriend

It’s easy to become boring in girl’s eyes, yet hard to redeem yourself. You may become boring after one date or three years of family life. When you notice that your girlfriend isn’t satisfied with your company, sighing every second, you start thinking about the worst-case scenario. The same goes for talking online. When you chat with young girls, it’s so easy to get blocked or ghosted. And you never know what went wrong in the first place.

Even if you are an attentive boyfriend, it’s easy to get dumped if you do the following things:

Don’t love yourself

If you belittle yourself, think you’re a loser, why would anyone perceive you differently? You need to radiate self-confidence to be appreciated. But don’t be too self-assured, it doesn’t work like that. Women still don’t like narcissists. Stay in the middle. You need to be assertive and look reliable, that’s what attracts most women. They feel comfortable and at peace with a man who trusts himself and believes in his actions.

You are distant and passive

It’s essential to be attentive to your girl. But it doesn’t mean that while you are at the restaurant, you should be silently smiling and nodding to everything she says. It’s not a monolog. An ability to maintain a conversation is key in finding mutual interests and hobbies.

Passiveness is also a major turnoff for a girl. Let’s imagine you’ve met on a street, or just decided to take a walk during the date. It’s raining, the weather is foul. Don’t wait for a girl to ask you to go somewhere cozy and warm. Use your brain and have it all though out. Have it all memorized, at least read a weather forecast. Know some areas to go to and some cafes to visit. If you have trouble with assertiveness and independence, have it all sorted out up to every detail. Help her with her coat, chair, offer something delicious from a menu. If you’ll sit there and wait for a signal, she’ll have to sort everything out by herself, and she won’t like it since you were the one who asked her on a date. Don’t expect a second date if, during your first shot, you were a passive doormat.

You are carried away too much

It can be your friend, your work, your family life. It concerns things in the long run. If you spend too much time thinking about all relationships in your life, you’ll end up getting drained and exhausted, too exhausted to carry on with your romantic interest. Even if she’s an understanding girl, nobody likes to be put on the second position. It’s cool that you want to help your friend to overcome an alcohol problem, but no woman will be pleased by your helpfulness unless it is about her or your couple. Soon, it will become an annoying issue where you chase after grown-up men (your friends or boss), leaving no time to care about her.

You presented a wrong image

Let’s imagine you got to know each other on a dating site. And, having a lot of time and a secure space, you introduced yourself as an amazing king, full of potential, using lots of smart words from Google. You were so intimidating trying to impress her, she was scared to meet you in real life. You set a high bar without even realizing it. But once she meets you in real life, she sees your inability to articulate and realizes that her online guy and you are two different people.

So don’t build an image of a cool powerful man if you are mediocre and lazy in real life. Let’s be honest, you don’t like to be catfished too.

You complain a lot

You whine about life, people, destiny, and everything that bothers you. Realize that this world is not perfect, and humans also have flaws. If you are bad with accepting and realizing things, write them down in a small notebook, cry about it, or find a therapist. But don’t be a wet blanket every time you see your girlfriend. Yes, all close relatives and couples have to listen and lend a helping hand to each other. But if it seems to be your character trait and your religion, work on

yourself. She is not a 15-year-old to be in love with emo, trying to fix you every day.