A Message from the President
Building in the virtual world provides a living, breathing 3D digital vision of a project as conceived by the architect and designed virtually by Revit/CAD detailers. About the only thing missing from the building model these days are the complexities of the physical jobsite and the people charged with turning a 3D model into reality.
The Benefits of Blockchain
Disruptive technology companies are targeting many areas of the construction process to help deliminate waste. One of the newest technologies being used startup companies looking to provide services for the industry is Blockchain.
Getting timely and accurate data can reduce waste and improve margins for big and small projects alike. Today, many companies look to data visualization tools such as PowerBI and Domo to aggregate data and report on specific areas of their operations.
Construction a Massive Untapped Market for Tech Industry
According to the BCCA, B.C. technology companies are helping transform other sectors like gaming, entertainment, transportation and communications, yet research shows that many of the 25,000 companies in the construction sector haven’t found the technology products they need.
Three Tips to Profitable Construction Technology Adoption
Contractors who are early tech adopters are using their experience to gain an edge over their competition. This should be you. This entire issue is packed with contractors who are leveraging technology to streamline their business and make more money. If you’re looking for easy ways to start integrating technology in to your company, here are a few:
GPU as a Service (GPUaaS) Market to Cross USD $7 Billion by 2025
The market growth is attributed to the increasing focus on product design and development across various sectors, such as manufacturing, consumer goods, and automotive.
Technology Helps Address Labour Gap
North America’s labor shortage is affecting the construction industry to unsustainable levels in some locales across the continent. Approximately 65% of general contractors are having difficulty finding skilled labor, and in some specialized subtrades that number is up around 85%.