Driving Growth Through Connected Construction Ecosystems
The construction industry, representing 13% of global GDP, faces challenges like productivity issues, cost overruns, and small margins. Despite these challenges, the sector is projected to grow steadily over the next decade. This whitepaper explores how Engineering and Construction (E&C) companies can harness digital construction technologies to create connected construction ecosystems. By integrating IoT devices, geospatial monitoring, and AI-powered analytics, organizations can achieve real-time visibility in construction, enhance operational efficiency, and drive significant growth. The paper outlines key elements of construction industry innovation and provides insights into implementing these technologies to stay competitive in a rapidly evolving market.
