Contractors often invest available capital in heavy equipment, new personnel, office expansion, etc., while often viewing IT as an “expense” that needs to be managed. Meanwhile, customers are demanding more from contractors in the way of efficiency, project controls, schedule and budget management, overall visibility into projects, modeling, and prefabrication. Integrated Project Delivery (IPD), Public-Private Partnerships (P3s), and Lean methods are gaining momentum as well. This is all to say that the construction environment is under tremendous pressure to change.
Is technology dragging the industry forward reluctantly or are changes in construction shifting the demands for automation and better solutions (e.g., prefabrication)? This article reviews current and future technologies as well as their impact on construction organizations. It also provides important context for which IT managers and their executives can begin to plan around.
Read more insights from Christian Burger in the Construction Management Financial Association article by downloading the full piece.