Thrive in uncertain times by harnessing IoT, AI, BIM and offsite construction

Times for contractors are more precarious than ever:

  • Project owners are pushing more financial and environmental risk onto contractors. How will they adapt?
  • Contractors are at risk from delays in government payments in countries ranging from Sri Lanka to the United States.
  • In the UK, there has been speculation that a quarter of construction companies there could face insolvency by 2020. Fears over Brexit have contributed to a record number of construction insolvencies, for instance, in Q1 of 2018.

Now is the time for contractors to adopt higher-margin, technology-enabled business models that will position them for growth in a changed market.

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