ENGINEERING TECH

How Precast is Leading Digitalization in Construction

July 7, 2021

Experts from the construction industry predict a bright future for precast elements: the average annual growth rate of the global precast concrete industry is expected to be 5.3% between 2021 and 2028. In 2020, the precast concrete market was valued at around USD 92.14 billion and is anticipated to grow to over USD 139.33 billion in 2028[1]. However, the average growth rate of the construction industry as a whole is expected to be just 3.2% annually according to the Global Construction Report. Why industrialized construction in particular is growing faster than the rest of the construction industry can be explained by the numerous advantages of this technology.

Spotlight

Michael Baker International

Michael Baker International is a leading, full-service provider of engineering, development, intelligence and technology solutions with global reach and mobility. With more than 6,000 employees and over 90 offices located across the United States and internationally, and over $1 billion in revenue, Baker is consistently ranked by Engineering News Record among the top eight percent of the 500 top U.S. design firms.

OTHER ARTICLES

EDM set to lead skills development in new £10 million digital engineering centre

Article | February 11, 2020

UWE Bristol will play a central role in a new £10 million digital engineering centre for the region. The Centre for Digital Engineering Technology & Innovation is a research, innovation and skills initiative created to develop and accelerate digital engineering across multiple industry sectors, to ultimately benefit future generations of engineers and engineering products, and to help tackle global challenges.

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Service Tech Mobile Unveiled at AHR

Article | February 11, 2020

The recent AHR Expo 2020 was a showcase of the very latest - and coolest - technologies for service contractors. From cutting-edge air and water purification systems to virtual reality headsets to advanced sensors and alert systems to enhance safety, one thing is clear: service contractors today have a lot more tools at their disposal than they have in years past.

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The Future of Construction from a Leader in SLAM-Based Laser Scanning

Article | February 10, 2020

Since the early days of the personal computer the construction industry has been slow to adopt digital technology. As a result, increases in construction productivity have lagged virtually every other major industry, such as automotive and aircraft manufacturing. It’s true that every construction project is different, unlike automobiles and planes, but we can do more to improve the future of construction.

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Financial Engineering: How To Make SAP Shareholders Happy

Article | February 10, 2020

SAP is tweaking and twisting everything it can to make everybody happy. The efforts of Mucic, Morgan and Klein are remarkable. The three musketeers strike again: SAP co-CEOs Jennifer Morgan and Christian Klein as well as CFO Luka Mucic want to make everyone in the SAP community happy, and they want to make everyone happy all at once. To make that happen, they are moving large sums of money around – only through legal, albeit a little questionable, methods, primarily financial engineering.

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Spotlight

Michael Baker International

Michael Baker International is a leading, full-service provider of engineering, development, intelligence and technology solutions with global reach and mobility. With more than 6,000 employees and over 90 offices located across the United States and internationally, and over $1 billion in revenue, Baker is consistently ranked by Engineering News Record among the top eight percent of the 500 top U.S. design firms.

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