The Construction Players of the Future

Digital technologies have transformed industries, from automotive to transportation to banking. Even agriculture.

which has historically been slow to transform, has taken a huge leap toward digitalization.1 For a long time, the engineering and construction (E&C) industry was seen as less vulnerable to disruption.

Industry fragmentation, a one-off approach to design-and-build projects, and a ready supply of manual labor kept the need for productivity improvement below that of other industries.

This is changing fast: incumbents, new entrants, and investors alike are realizing the potential of technology to accelerate projects, reduce costs, and improve safety in a $10-trillion-a-year industry.