Modular and offsite construction: evolution or revolution?

by   |    |   6 minutes  |  in Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Manufacturing, Strategy

Modular offsite construction has been around for many years, but is it about to really take-off? There has been a lot of activity over the last 12 months that suggests this evolution may become a revolution, one that will drastically transform the construction industry. Key challenges and opportunities for the construction industry November 21-22, 2017,…

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Digital Transformation in Construction

by   |    |   6 minutes  |  in Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Research

The digital revolution is transforming the way organizations work, engage with their customers and generate revenue. It doesn’t matter if you’re in the construction, retail or healthcare sector, every industry is being impacted by the proliferation of devices, hyperconnectivity and emerging innovations like artificial intelligence (AI) and the Internet of Things (IoT). This new and…

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Is the construction industry addicted to MS Excel?

by   |    |   6 minutes  |  in Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Research, Strategy

You might assume that most companies are using modern, smart business systems to control complex projects, but the reality is, the primary business system used is Microsoft Excel. The construction industry design, build, operate and maintain some very impressive assets—bridges, airports, railway lines, buildings, hospitals, nuclear power plants, etc. However, most construction projects today are…

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Servitization in construction

by   |    |   3 minutes  |  in Construction and Contracting, Digital Transformation, Strategy

Get your business strategy in place to maximize the profit potential of the servitization trend. Servitization is becoming a major trend in product-centric industries where suppliers of products are now moving from simply supplying products to providing services. You see this trend in many industries. Hire and rental contracts are increasing, as are ”power by…

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Construction industry trends

by   |    |   7 minutes  |  in Business Technology, Construction and Contracting, Research, Strategy

Huge tower blocks built in weeks under one roof… automated bridge-building behemoths… bricklaying robots… No, it’s not science fiction. These are all real solutions doing here-and-now-business. And soon there will be more. So what are the big construction trends in Europe, the US and Asia, and how can we turn them from opportunities into business…

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Advanced analytics and digital transformation – is this a game changer for the construction and infrastructure industry?

by   |    |   3 minutes  |  in Construction and Contracting, Digital Transformation, Research, Strategy

87% of enterprises believed that big data/analytics will change the competitive landscape of their industries within three years. The data-driven, digital asset lifecycle is causing huge disruption for organizations in the construction and contracting industry. I predict that the companies that adopt these new technologies will be the winners of the future. Ignoring these trends…

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Construction

by   |    |   4 minutes  |  in Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Strategy, Supply Chain

While the construction sector’s digital history is weak, new technologies and ways of working are driving the industry to implement more integrated processes and systems. At the end of May, I joined IFS customers, partners and experts from across the UK construction industry at the Institute of Directors to discuss the digital issues currently affecting…

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C&C blog post image

by   |    |   5 minutes  |  in Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Mobility, Strategy

Having a young technology-aware workforce and having someone responsible for managing digital transformation is critical to be a winner in the future. Organizations involved in building and maintaining assets are starting to go through the biggest technological transformation they have ever seen. The changes brought on by this transformation are going to transform the industry…

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by   |    |   4 minutes  |  in Business Technology, Construction and Contracting, Creativity & Innovation

Insight into evaluating ERP software and the key points you should consider. Everyone is now talking about the new digital world. For most, it has become very confusing with new buzzwords like building information modeling (BIM), 3D printing, internet of things (IoT), big data, laser scanning, 4D scheduling, artificial intelligence (AI), virtual reality, drones and…

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by   |    |   5 minutes  |  in Construction and Contracting, Engineering and Infrastructure

Four essential tips on BIM (Building Information Modeling) for today’s construction and infrastructure managers. It’s here and it’s changing everything: Building Information Modeling (BIM) is a digital revolution transforming the competitive landscape of the construction industry. BIM makes us see assets differently. It drives change in how we design, price, construct and maintain assets throughout…

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