Report: Streamlining Construction Management
Uncover strategies for digital transformation by industry leaders in the Construction Management Industry.
Industry leaders in the construction and engineering industry are shifting their focus towards digital transformation, with over 68% of executives intending to amplify their technology investments over the next 12 months.
Partnering with Canam Research and SAP, we spoke to CEOs, VPs of IT, COOs, CFOs, Software Engineering, and Chief Engineers to unravel the challenges, priorities, and digitalization strategies shaping the future of construction enterprises.
Key Findings:
- Budgeting and Forecasting Excellence: Nearly all respondents emphasize the need for robust project design and planning tools to effectively navigate fluctuating demand.
- Virtual Design and Construction (VDC) Integration: While a majority acknowledges enhanced performance through VDC and delivery applications, 20% are yet to embark on digitizing commissioning.
- Technology Investments for Intelligent Enterprises: Implementing digital twins and technological advancements emerges as a key strategy, positioning organizations as intelligent enterprises for streamlined project management, a diversified portfolio, and improved profitability.