general

The conversation around the use of technology in construction management has changed dramatically it tone and frequency over the last several years. At least, that's the way it seems; but what do the numbers say about this? Turns out, it's not just a feeling. From 2011 to 2017 McKinsey measured $10 billion in investment in construction technology (stylized as "Con-tech") firms, and separately JLL measured already $1 billion in the first half of 2018 alone. Those numbers aren't surprising when at last count Skanska USA determined there were over 2,100 individual companies looking to take up some of the space that opened up in what was a pretty uninteresting sector for so many years. So con-tech is definitely on the rise - but why? Well, it's no secret that the construction industry is suffering from and diminishing workforce and rampant issues meeting schedules. We have a productivity problem. It isn't getting better...