Digital transformation priority for 66 per cent construction companies

Autodesk, Inc. on July 28 announced the publication of an International Data Corporation (IDC) InfoBrief, ‘Digital Transformation: The Future of Connected Construction.’

Sponsored by Autodesk, the IDC InfoBrief is a survey of 835 construction professionals from large construction companies in countries across Europe, the Americas and Asia Pacific. It assesses the construction industry’s digital transformation (DX) maturity and challenges.

In India, only 3 per cent are further along in their DX journeys, with most companies (72 pc) in the early stages of digital maturity.

Overall, Europe and the Americas score higher than the Asia Pacific region in terms of digital maturity. In Asia Pacific, Japan is the most digitally mature country, while China and India are the least mature.

According to the survey, 66 per cent of construction companies in India are prioritising digital transformation.  While the majority of the country’s construction companies are at the early stages of digitalisation, the industry anticipates acceleration in digital transformation (DX). To respond to local demand, India construction companies are quickly learning best practices from their peers in more developed markets, which includes knowledge of technologies such as Building Information Modelling (BIM) and its benefits.

Advertisement

Almost one-fifth of India’s construction companies cited completing projects on time and on budget as a top industry concern, followed by workforce safety and effectively managing risk. As a result, project management, enterprise resource planning (ERP) and client relationship management (CRM) have been identified as the top planned software investments.

“Completing projects on time and on budget remains one of the biggest challenges of the Indian construction sector. Digitisation of construction can not only help in efficient project management, but in the process also boost profits and lead to more sustainable outcomes,” said Sunil MK, Head of Architecture, Engineering and Construction business at Autodesk India & SAARC.

Advertisements