Industry Magazine CRM Watch Summer 2019 | Page 26

FALCON STRUCTURES HOW INDUSTRY 4.0 IS AFFECTING REAL-WORLD MANUFACTURING BY: JOHN MCALONAN PRESIDENT & CEO FALCON STRUCTURES John McAlonan John McAlonan is a business executive who is passionate about helping teams reach their fullest potential. John believes that people want to come to work each and every day knowing that what they do makes a difference. He recently joined Falcon Structures as President and COO. Falcon Structures is a rapidly growing business specializing in repurposed shipping containers for secure storage, equipment protection, portable workspace, or temporary housing. Under John's leadership, ATS was twice selected as one of the 100 Best Companies to Work for in Texas. Prior to becoming president, John served as the Vice President of Marketing and Sales for nine years. Prior to that role, John spent two years as a systems engineer, helping deliver real-time tactical command and control systems to warfighters. John has an electrical engineering degree from The Citadel, the Military College of South Carolina, where he attended on a 4-year Army scholarship and was a distinguished military graduate. Upon graduation, he was commissioned as an Air Defense Artillery officer in the US Army where he served on active duty and in the reserves for eight years. While in college John was inducted into Tau Beta Pi, the national engineering honor society. THE FOURTH Industrial Revolution (Industry 4.0) is upon us, like it or not. Much like the others, it has come seemingly out of nowhere, but it is the culmination of things that have been boiling beneath the surface for years. At its core, it is the trend toward both data exchange and automation within the manufacturing sphere. Buzzwords would include cognitive computing, cyber- physical systems, the “internet of things,” and cloud computing such as CRM (among many others). Industry 4.0 builds upon the breakthroughs that came before it, including robotics, artificial intelligence, and the burgeoning field of autonomy. Not only has this seen an increase in automation, especially in service and manufacturing industries, but it has also brought along with it a huge uptake in the capabilities of communication and connectivity in bringing people and businesses closer together. According to a February 2017 report from the McKinsey Global Institute, Reinventing Construction: A Route to Higher Productivity, productivity in the manufacturing, retail, and agriculture sectors has improved nearly 1500 percent since 1945 while productivity in construction over the same timeframe has barely improved. One only needs to follow the money to understand the gap between the technology and construction markets. Katerra, one of the most widely known startups trying to disrupt the construction industry, received at least $865M in venture capital in 2018 alone with another $700M expected in 2019. The benefits of prefab and modular construction—outlined in a 2011 report 26 from McGraw-Hill Construction—have the potential to significantly shorten project schedules by four weeks or more and decrease overall budgets by 6 percent or more. If a 2011 report suggested those improvements, it is not hard to believe that larger, more recent market trends like Industry 4.0 have the potential to realize even more benefits. How does this look in a real-world example? Take a look at Falcon Structures. In 2002, Stephen Shang decided to launch a new container storage business from the ground up, so he recruited a partner, wrote a business plan, and Falcon Storage was born. Founded in 2003, Falcon Structures repurposes steel shipping containers into AC462 code-compliant modules for container-based buildings, as well as single container structures for living, working, and storage. Initially, the majority of Falcon Storage’s revenue was derived from renting storage containers to construction companies. When the 2008 recession cratered the construction business, Shang reformulated the business plan, pivoting the focus from renting containers to building training structures for the military using containers. Falcon has manufactured container buildings of all sizes including the largest shipping container structure to date, the 122-container stadium, Fortress Obetz. Falcon’s growing client base includes