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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by   |    |   4 minutes  |  in Construction and Contracting, Engineering and Infrastructure, Research

At the end of 2015, IFS carried out a global survey of over 1,000 IT decision makers from companies in 12 countries. The survey aimed to gather insight on the subject of change in businesses: its relevance, impact and drivers. The results revealed a number of interesting trends and here are my thoughts relating to…

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by   |    |   4 minutes  |  in Business Technology, Construction and Contracting

IFS’s Global Industry Director for the construction sector, Kenny Ingram, predicts how key trends will be impacting the industry during 2016. Within five years we will see an increase in graduates in the construction sector by at least 20% It’s easy to think that as an industry, construction hasn’t changed much over the years as…

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by   |    |   1 minute  |  in Business Agility, Construction and Contracting, Engineering and Infrastructure

Those of you who read my June blog post know that, in late 2013, Dutch maritime specialist Royal IHC embarked on an ambitious plan to implement a single ERP solution world-wide (37 units) in only 2,5 years. As a sequel to that post, I am very pleased to be able to announce the successful deployment…

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