Implementing Technology & Data Solutions to Drive Lean Construction and Profitability
The emergence of construction technology has sparked an overdue industry-wide revolution. According to the World Economic Forum, since 1964, due to technological advancement, non-farm business labor has experienced 172% greater relative productivity improvement than construction labor productivity. Developments such as BIM, prefabrication and modularization, cloud-based project management software, and CPM mark the start of the requisite construction transformation. Organizations that fail to adapt will struggle to remain viable. This session will introduce methods to capitalize on current technology trends to boost project quality, safety, and organizational cost structure. Attendees will also learn about up-and-coming advancements and how proper implementation can contribute to strategic-powered growth.