By Nick Ismail
Indeed, this desire to adopt new technology is being hindered by almost all construction organisations overlook the importance of a technology partner in enabling training and up-skilling, according to a new report by Zen Internet. It found that, as is so often the case with traditional industries, culture is a significant barrier to embracing this necessary change.
Despite this, it appears that there is a willingness to embrace the digital future in this industry and the report reveals that digital transformation has now laid its foundations firmly within the construction industry, with many organisations already working with new technologies such as AI.
The majority of the construction firms surveyed said they have either completed a digital transformation project or have one currently underway — over half (61%) noted improved efficiency and reduced operational costs (58%) as direct advantages. On top of this, following the initial investment, two-thirds (66%) of companies noted a subsequent reduction in costs as a result of the new technology deployed and a third (33%) reported an increase in sales.
“But it is important to note that a digital transformation is not just a means to an end. It’s an ever-evolving process to deliver profound change, fundamentally altering much of the world around us. It is important for construction organisations of all shapes and sizes to understand what digital transformation is, and how a business can benefit from it. There’s no one size fits all approach and there are different solutions for different business needs. With the amount of technologies and number of vendors to choose from, knowing where to start can be a real challenge. That’s why it can help to find a provider that will put your organisation’s success top of the agenda and one that has the right expertise and experience in delivering successful digital transformation projects within the construction industry.”