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Construction Industry: After Lagging, Construction Businesses See Benefits of Technology
The construction industry has come in last place when compared to other industries in spending on technology, based on the last four years (2011, 2012, 2013, 2014) of research by Gartner. But this may be changing.
A recent report by JBKnowledge similarly found that the construction industry allocates less money on technology than any other industry. The report found that:
- Builders increasingly use the cloud, although their use of security measures may be lacking
- Only 4.1 percent of construction professionals use the cloud to manage the bid and estimation phases of the project
- Nearly 80 percent of construction professionals now say that mobile is important or very important for their organizations
But years after lagging other industries in the adoption of technology, many expect the use of technology to accelerate and bring with it greater operational efficiencies.
The JBKnowledge report notes that “in an increasingly digital world, technology has become an inseparable part of construction.”
Rex Bell, president of Kalamazoo-based Miller-Davis Co., said that “you’d be stupid not to use technologies. They’re a big advantage. It’s now a standard for us. We want to use digital data to do conflict resolution, and now we’re beginning to move into working through the long-term benefits of 3-D modeling in facilities management.”