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The construction industry notoriously lags in productivity improvements and technology adoption. Its sluggish pace results in trillions of dollars in lost value – approximately $1.6 trillion a year. One underlying cause of this lagging performance is the way the industry develops complex physical assets, a process that has essentially remained unchanged in the face …
The construction industry is grappling with issues pertaining to productivity and meeting project deadlines that have magnified since the 2008-2009 economic recession. Between 2007 and 2011, around two million construction workers were let go in the United States alone and the industry has not been able to fill this vacuum during the boom period …
The construction industry is on the verge of significant transformation as a result of new digital capabilities. During my time working with customers in the construction industry, I’ve found a shifting sentiment around the use of artificial intelligence (AI). Several years ago, customers were curious – how could AI be implemented in the construction …