Construction

by   |    |   3 minutes  |  in Asset Intensive, Construction and Contracting, Engineering and Infrastructure, Transform Your Business

The engineering, construction and infrastructure industry is facing huge disruptive changes. We are at an inflection point, and need wholesale change right now. Global construction productivity has improved about a quarter of the rate of manufacturing productivity since 1995. When we look at rich countries like Germany, France and the United States, things are much…

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by   |    |   3 minutes  |  in Business Agility, Construction and Contracting, Engineering and Infrastructure, Transform Your Business

The global engineering, construction and infrastructure (ECI) industry landscape is changing at an unprecedented rate. In this blog, I will outline what construction companies need to do to be a winner in the industry. A CHANGING INDUSTRY One way of measuring the rate of change in the industry is to look at the geography of…

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by   |    |   7 minutes  |  in Asset Intensive, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Engineering and Infrastructure, Transform Your Business

2019 will see a digital leap forward as many construction companies explore implementing integrated business software into projects for the very first time. Tighter margins, global skills shortages and new industry entrants are all ramping up the pressure on traditional construction businesses to deliver greater productivity and more integrated, cost-efficient projects, on time, every time. PREDICTION #1:  50%…

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

In my previous blog, I outlined key trends facing engineering, construction & infrastructure organizations – digital transformation, Building Information Modelling (BIM) and the digital asset lifecycle model, embracing construction-integrated manufacturing and exploiting new service and facilities management revenues. The overall conclusion was that the non-integrated business systems and processes used by most companies today will…

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Construction Workers on Laptop

by   |    |   4 minutes  |  in Construction and Contracting, Digital Transformation

The engineering, construction and infrastructure (ECI) industry is facing huge challenges as it tries to deal with increasing demand to construct, operate and maintain assets faster, at lower cost and risk and to a higher quality. The non-integrated business systems and processes used by most companies today will simply not be good enough if a…

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construction header

by   |    |   3 minutes  |  in Construction and Contracting

It’s an interesting time for the construction industry. Historically construction has had a reputation for moving slowly when it comes to adopting modern technology, but recently that’s not what I’ve noticed in the field. The construction industry is at a turning point, looking to overcome its long-time challenges by adopting new technology. REVERSING STAGNANT PRODUCTIVITY…

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10 Best Construction Solutions logo

by   |    |   3 minutes  |  in Construction and Contracting

The construction industry is braced for a digital revolution. Leading industry player Balfour Beatty has predicted that during the next 30 years, the industry will become increasingly focused on innovation as both contractors and customers become less risk-averse. It also predicts the shape and offer of the infrastructure industry will change significantly, with new business…

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Q&A: Will construction companies be able to keep pace with demand?

by   |    |   6 minutes  |  in Business Technology, Construction and Contracting, Creativity & Innovation, Strategy, Transform Your Business

In this Q&A, Kenny Ingram, construction and contracting industry expert and Global Industry Director at IFS, answers questions on whether or not construction companies will be able to keep up with demand, along with valuable suggestions for doing so. Kenny has been with IFS for more than 16 years and has worked in the business…

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Why construction-integrated manufacturing is a game-changer

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

The construction industry has a reputation for moving slowly when it comes to adopting modern technology and changing business processes. There are many reasons to believe that this is about to change and companies who don’t adapt and change will probably not survive. It is also a mistake to believe that the traditional large contractors…

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asset lifecycle solution

by   |    |   7 minutes  |  in Asset Intensive, Business Technology, Construction and Contracting, Service Management, Strategy

By taking on service and asset management, construction and contracting companies can generate revenue across the total asset lifecycle. In this Q&A, Kenny Ingram, construction and contracting industry expert and Global Industry Director at IFS, answers questions on how companies can generate revenue by taking on service and asset management. Kenny has been with IFS…

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