BIM Gives Smaller Contractors a Competitive Advantage

Integrated building information modeling is key for effective information management and can help contractors move into the revenue-generating areas of modular construction and aftermarket services. It also represents an opportunity for smaller construction businesses to compete against industry leaders, whose legacy enterprise resource planning systems may not be able to keep up with the times. The objective of BIM is to provide better information management. However, the term can be misleading. It is not only applicable to buildings, but also used for industrial installations and infrastructure - giving project owners a structured set of data they can use to manage any built asset over its life cycle.