Digital Transformation

5 Tools Government can use to accelerate digital adoption in the construction industry

5 Tools Government can use to accelerate digital adoption in the construction industry

Using technologies to boost construction productivity can have a profound impact on public and private spending. In the United States alone, expenditures on construction reached $1.29 trillion in 2018, after rising an average of 7.4 percent annually over the previous five years.[rml_read_more] »

THE CONSTRUCTION SECTOR HAS BEEN SLOW TO ADOPT DIGITAL TECHNOLOGIES

THE CONSTRUCTION SECTOR HAS BEEN SLOW TO ADOPT DIGITAL TECHNOLOGIES

Builders have traditionally been at the forefront of innovation. Each generation of structures, from ancient pyramids to 20th-century skyscrapers, arises from more-sophisticated construction techniques.     However, over the past 20 years, the industry has fallen behind companies in other sectors; companies ranging from government to manufacturing have significantly reduced costs and schedules by ... »

DIGITAL TRANSFORMATION IS KEY TO RADICAL ECONOMIC TRANSFORMATION IN THE CONSTRUCTION INDUSTRY

DIGITAL TRANSFORMATION IS KEY TO RADICAL ECONOMIC TRANSFORMATION IN THE CONSTRUCTION INDUSTRY

Digital Transformation is the change associated with the application of digital technology in all aspects of human society. The transformation stage means that digital usages inherently enable new types of innovation and creativity in a particular domain, rather than simply enhance and support traditional methods.   According to the Mckinsey report Navigating the digital future: Productivity in th... »