A Digital Dialogue hosted by the Financial Times to discuss the future of construction and how the design, planning and delivery of construction projects all have the potential to be transformed by technology.
The design, planning and delivery of construction projects all have the potential to be transformed by technology. Software solutions to manage information and monitor benchmarks are increasingly advanced. Data applications can now model scenarios that might prompt a change in direction and predict where new approaches could be most effective – solving problems before they arise.
Up to now, words like late and over budget are still practically synonymous with construction. Changing project requirements, miscommunication and ineffective oversight can all impede progress. Every setback breeds scepticism, making it harder to get future projects off the ground. Changing this perception is a task for the whole industry and its value chain– one which increased collaboration and investment in technology can help to accomplish.
Now is the time to empower innovative minds in construction, giving them the freedom to adopt new approaches and transform how projects are managed.