AI is all the rage in trade publications, on LinkedIn, for industry conferences (and standalone conferences targeted at distribution) and will probably be a topic at this year's HARDI conference in one-on-one conversations between distributors and manufacturers. The questions that will be asked are: What are you doing? Oh, you’re not doing anything? What are you … [Read more...] about AI According to Mike Marks on Driven by DCKAP
Observations from Watsco Q1. Slow but Improving
With Q1 complete, Watsco shared their earnings report. We took a quick read-through to identify highlights and what some areas could mean and could mean for you. The following is taken from a transcript of the call: (and italics are my commentary) “Softer market conditions” with the caveat that Q1 is historically the slow season. Seeing “improved sales trends in … [Read more...] about Observations from Watsco Q1. Slow but Improving
Puro Lighting – Fighting Mold in HVAC Coils (A School Solution?)
One of the lasting benefits of Covid is increased awareness of air quality (AQ) and how this impacts health, productivity, learning, and more. Few had heard of UVC lighting to kill germs. During Covid, a leader in UV lighting, and more importantly, air quality improvement was Puro Lighting. The increased AQ awareness continues today (and with the mysterious ways government … [Read more...] about Puro Lighting – Fighting Mold in HVAC Coils (A School Solution?)
HVAC Fault Detection Insights from Schneider Electric
Consulting & Specifying Engineer (CSE) magazine is conducting a training webinar on Thursday, April 25th with a topic of "What the benefits of HVAC fault detection, plus how to specify it." The description for the webinar is: Within commercial buildings, it is estimated that poorly maintained, degraded or improperly controlled equipment wastes an … [Read more...] about HVAC Fault Detection Insights from Schneider Electric
Structured Data, a Prerequisite for AI HVACR Manufacturers
In the realm of HVACR manufacturing, the potential of integrating Artificial Intelligence (AI) could be a competitive advantage. One of the critical components underpinning the effectiveness of AI is structured data. Structured data refers to organized information that is formatted for easy analysis and interpretation by machines. In the context of HVACR manufacturers, … [Read more...] about Structured Data, a Prerequisite for AI HVACR Manufacturers
Making AI Real Intelligence
AI has been all the rage since ChatGPT was unveiled. Not only is it the talk of every conversation relating to technology, price management, operational improvement, customer service, marketing and more, it has also powered the construction market with the explosion of data centers, advanced chip manufacturing, and, of course, the stock market. But, it’s impact to date is … [Read more...] about Making AI Real Intelligence
Data Centers, a Sustainability Growth Opportunity
As the world embraces digitalization ... everything from eCommerce to AI and more, the need for data centers appears to be growing logarithmically! It is a significant growth opportunity for many HVACR distributors as these "keepers of data" are huge energy hogs and need to be cooled to operate efficiently. Global spending is expected to grow a minimum of 10% per year … [Read more...] about Data Centers, a Sustainability Growth Opportunity
Can Yesterday’s Pricing Strategies Drive Tomorrow’s Profitability?
Pricing is an important element of a distributor's go-to-market approach. If you're not, at least, competitive, you know what will happen to sales. But if you are too low, getting a reputation for that isn't good, nor does it help your bottom line. The past few years, inflation and product availability enabled HVACR distributors to, hopefully, optimize pricing (and net … [Read more...] about Can Yesterday’s Pricing Strategies Drive Tomorrow’s Profitability?
Passion Powers, and Empowers, Leaders
Late last year Dr. Jeffrey Magee, a leading “leadership and marketing strategist” asked me to contribute an article to his publication, Professional Performance Magazine. I had recently been talking with some people about the changes in the industry and what was driving the rate of acquisitions over the past few years. This inspired the below article. And remember, most … [Read more...] about Passion Powers, and Empowers, Leaders
GRN Coastal – Helping The Industry With Talent
Every manufacturer, rep, and distributor leader knows, in their core, that the HVACR industry is a people business. People do business with people. Further, it's the people in your business who deliver the service (and products) that generate revenues. It's the rare occasion when product trumps people. The industry is going through generational change with many "aging out" … [Read more...] about GRN Coastal – Helping The Industry With Talent
