Working in the industry, I am well aware of how tech is having a positive impact on construction projects across the global.
Currently across design, planning, modelling and asset management the recent jump to embrace the latest advancements are proving fruitful from a cost, timescale and safety perspective.
Whilst tech is now getting more commonplace in the industry. This article states some interested facts on how behind the curve we are compared to other industries.
So, with investment in construction technology only a fraction of what is spent across the automotive and aerospace sectors. I question why is this the case?
Builders up their game with data-driven design, drone mapping, 3-D printing and more innovations. Construction-related research-and-development investment runs less than 1% of revenue, compared with 3.5% in the automotive industry and 4.5% in aerospace. Only agriculture and hunting spend less on information technology. The dirt-under-the-fingernails world of construction is breaking digital ground. In an industry where practices have barely changed for decades, the building site of the future promises comprehensive online modeling, drones as surveyors and virtual-reality images of everything from building sites to commercial real estate.