Licensed contractors are taking on more work than ever before. Alongside the overall growth in the construction industry has been the growth in competition between contractors, even among seasoned vets. Simply speaking, “industry growth” isn’t to blame for contractor-to-contractor competition. So, what is? Technology. Competition between contractors is mostly due to the adoption of technology…Read More
Why Is the Construction Industry So Slow to Adopt Technology?
The construction industry is at the crossroads of enormous change. Archaic methodology is heading to the wayside and new technology trends are emerging, making successful project completions easier to achieve than ever before. Technology in the construction industry makes the most of limited resources, improves safety, and documents and coordinates every step of a project. According to McKinsey, investment…Read More
A Technological Tipping Point: How Technology is Transforming the Construction Industry
Construction projects are bigger, more expensive, more complex, and take longer than ever before. The construction industry is rapidly changing – a tipping point in the industry, if you will. Late last year, Forbes released an article describing the construction industry’s move toward utilizing technology. Because of the sheer number and size of construction projects,…Read More
Foiled by Formulas? Ditch the Spreadsheet Nightmare
New technology in the construction industry is here and better than ever. And, truth be told, it’s time to give up your spreadsheets. Trust us when we say: it’s not you, it’s them. Times are changing and needs are much more complex than before. Accurate data is a necessity and the umpteen thousand sheets of…Read More
The Top 3 Benefits of Digitalization in the Construction Industry
Our first blog for the month of August focused on contract disputes in the construction industry. Arcadis, a design and consultancy firm, released its 2018 Global Construction Disputes Report and found that contract disputes are getting longer, more expensive, and more complex. Arcadis suggests at the end of their report that digitalization in the construction…Read More