While the construction industry represents the world’s largest business sector, worth around $10 trillion dollars annually, it has seen a decrease in productivity over the last several decades in contrast to almost all other sectors of the economy. Digital advances have been responsible for producing improvements in most business sectors, but the construction industry remains one of the least digitized sectors in the world.
While inefficiencies (including unforeseen events), such as project expansion and schedule changes, have the biggest impact on efficiency, innovative technologies could have a major impact.
The fastest way to increase efficiency and improve construction productivity is to implement innovative apps for construction operations. Implementing software tools for construction processes is not as difficult as adopting new machines or regulations and can result in an immediate return on investment by enabling the measurement and improvement of daily construction tasks.