A primer on technology adoption in construction
Construction Dive | September 16, 2019
Why Consider Technology Adoption in Construction? The answer at the highest level is to increase competitiveness, profits, and safety. Underneath these metrics are of course improving construction costs, build quality, speed, design innovation, energy efficiency, scale and other measures that all impact overall competitiveness and profits. Safety plays a special role since in addition to impacting a firm��s profitability and competitiveness, there is a moral dimension as well. Experience across many industries has provided compelling evidence that exploiting new technologies has proven a reliable way to increase competitiveness and profits. While this may answer the question of “whether” Construction firms should adopt new technology, it leaves open the question of “how” and “when”. In this article we outline the landscape of technology adoption to help gain an understanding of how and when construction firms should adopt new technologies and innovations.