Of the top 22 industries that use technology to conduct business, construction is ranked No. 21—next to last—according to McKinsey & 6 Planning Tips to Bring Your Digitization Strategy Up to Speed.
As the world’s second-largest industry, new construction positively affects communities all around the world, and the effects are everlasting.
Faced with complex global supply chains, unpredictable political and economic policies, changing weather patterns, and intractable labor shortages, contractors, operators, owners and providers of building materials are increasingly recognizing the value of incorporating technology to remain competitive and create sustainable growth.
This is an opportunity unlike those offered by any other application or technical gadget. It is an opportunity to make a lasting difference in the world.Market pressures are squeezing construction budgets, margins, schedules and material supplies.
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