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(Construction.IndustryNews247.Com, September 25, 2018 ) In the second quarter of 2016, Publisher surveyed over 100 industry executives, including contractors, surveyors, civil engineers and architects, to obtain an understanding of the state engagement with new technology in construction.
The results of the survey reveal a rejection of the assertion that there is a culture of resistance towards engaging with new technology, however the majority of respondents stated that their company is not at the forefront of it's industry interms of engaging with new technology. The most commonly cited barriers were financial and included the assertion that many new technologies are cost prohibative and that there is a lack of allocation within company budgets for investment in new technology. However those who had invested were extremely positive about the benefits of engaging with new innovations.
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In terms of the technologies analyzed that had experienced the greatest levels of current and planned investment, the most popular was mobile applications followed by 3D modelling and then cloud technology. In comparison, autonomous vehicles received the lowest level of current and anticipated investment.
Given the number of benefits available following investment, greater levels of engagement with technological innovations are expected as their affordability and capability increases and as they are given higher priority by companies in terms of investment strategies.
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1. Executive Summary
TABLE OF CONTENTS
LIST OF FIGURES
LIST OF TABLES
2. Key Findings
3. Technology Engagement
3.1. Company Engagement
3.2. Departmental Engagement
4. Barriers and Benefits
4.1. Barriers to Engagement
4.2. Benefits of Engagement
5. Current and Future Penetration of Key Technologies
5.1. Augmented Reality
5.2. Mobile Applications
5.3. Drones
5.4. 3D Printing
5.5. 3D Modelling
5.6. Cloud Technology
5.7. Virtual Engineering
5.8. The Internet of Things
5.9. Autonomous Vehicles
6. Conclusion
7. Appendix
List of Table
Table 1: Departments engaging most with new technology
List of Figure
Figure 1: Level of engagement with new forms of technology
Figure 2: Barriers to engagement with new technology
Figure 3: Key drivers that encouraged investment in new technologies
Figure 4: Level of improvement experienced for each driver following investment
Figure 5: Respondents' future investment plans
Figure 6: Investment plans for Augmented Reality
Figure 7: Investment plans for mobile applications
Figure 8: Investment plans for drones
Figure 9: Investment plans for 3D printing
Figure 10: Investment plans for 3D modelling
Figure 11: Investment plans for cloud technology
Figure 12: Investment plans for virtual engineering
Figure 13: Investment plans for the internet of things
Figure 14: Investment plans for virtual engineering
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