Posted on October 4, 2017
By: Todd Burns
Between rising costs, dwindling talent pools and looming uncertainty, today’s construction leaders are grappling with some seriously disruptive forces. But a closer look at each of these “disruptions” reveals some serious opportunities, too, as the sector begins to ramp up its technology strategy.
Though still in the early stages of change, the sector’s movement toward tech innovation represents a meaningful cultural shift, considering that it’s traditionally been slower to embrace technology than other industries.
Now, however, industry heavyweights are beginning to meet challenges head-on. Innovation has begun to impact multiple areas of the industry, including workflow management tools to streamline personnel costs and predictive analytics tools to plan for uncertain times ahead.
Such solutions are key in turning the following three common challenges into promising new opportunities.