To Avoid Tech Disruption, Adopt Tech
Sounds simple enough, right?
“Construction is the second-least digitized economic sector, according to a McKinsey & Co. 2017 report. But when the industry decides to take the leap and catch up to the digital strides made by industries like advanced manufacturing and oil and gas, it could reap cost savings as high as 12% to 20% each year, according to the Shaping the Future of Construction report. Full-scale digitalization across the E&C sector will translate into estimated savings of $1 trillion to $1.7 trillion annually, the study found. ”