Autodesk (56 pages).
Today’s construction industry is under more pressure than ever to deliver projects that are on time and on budget—all while dealing with record global labor shortages, supply chain issues, and other challenging external constraints. Factors like accelerated construction schedules mean critical decisions must be made quickly by the project leaders working in the field and in the office. The quality of these decisions often determines a project’s success or failure.
Technology adoption in our industry has rapidly accelerated in recent years and we’re on a journey to full-scale digital transformation. As a result, the volume of project data has grown exponentially—with construction leaders identifying that their own data has doubled in just the last three years.
A key factor that empowers these leaders to quickly make critical decisions in the field is access to accurate project data.
To better understand how our industry is managing these challenges, Autodesk partnered with FMI to survey over 3,900 industry leaders worldwide to understand their current data strategies. The findings show that many in the industry agree—operating without a formal strategy for collecting, managing, and using data poses a significant risk for many firms. These are themes I have heard myself during conversations with leaders in the construction industry.