Digital disruption in the construction industry

| February 2, 2019

article image
Technology is disrupting the construction industry in big ways. A recent Teletrac Navman benchmark report indicates construction companies around the world are heavily recruiting new talent despite listing payroll as their largest expense. On a global scale, more than $2.5 trillion a year is spent on improving infrastructure, a number that's expected to grow to $3.5 trillion within the next 10 years, according to a McKinsey Global Institute Analysis.

Spotlight

Esteves Group

The Esteves Group is a privately held global company with 100 years of experience. It is the world’s leading manufacturer of tooling for the wire and cable industry, manufacturing high precision tools for drawing metal wires and extruding insulation around wires and cables, customized to each customer’s requirements.

OTHER ARTICLES

Requirements volatility is the core problem of software engineering

Article | February 20, 2020

It's now been more than 50 years since the first IFIP Conference on Software Engineering, and in that time there have been many different software engineering methodologies, processes, and models proposed to help software developers achieve that predictable and cost-effective process. But 50 years later, we still seem to see the same kinds of problems we always have: late delivery, unsatisfactory results, and complete project failures.

Read More

Construction safety management technology trends

Article | February 20, 2020

For construction managers, one of their most important responsibilities is safety. No construction manager wants to see any of their employees hurt, and injuries can lead to project delays and increased costs. Fortunately, there are a number of tools available to assist with keeping construction sites safe. Trends in construction safety management may change from year to year, but often focus on proper training and the use of new technologies.

Read More

Nurturing female ambassadors in STEM from a young age

Article | February 20, 2020

It’s widely recognised that the global STEM sector has struggled to recruit more women into science, tech, engineering and mathematical careers. In line with this, female student enrolment globally, for STEM-related subjects at degree level is particularly low with only 5% of women choosing natural science, mathematics and statistics. The gender gap is still wide open and schools need to be doing all they can today to enhance the educational experience of young females across the country.

Read More

COVID-19: The Economic Impact on Construction

Article | February 20, 2020

Publicly panicking a world by stating that this is a pandemic isn’t going to solve the immediate problem the world is facing. We are already hearing China is reporting that its citizens are getting a better handle on containing the virus, which is great news from a human, public health, and economic perspective. Perhaps the biggest lesson, as I have stated in a column in Connected World, is that we need to get our own supply-chain house in order. Case in point: construction is instantly feeling the crunch.

Read More

Spotlight

Esteves Group

The Esteves Group is a privately held global company with 100 years of experience. It is the world’s leading manufacturer of tooling for the wire and cable industry, manufacturing high precision tools for drawing metal wires and extruding insulation around wires and cables, customized to each customer’s requirements.

Events