Study Finds Construction Industry Slow To Adopt, Utilize Technology
The construction industry’s tentative embrace of technology is detailed in a survey developed in part by Texas A&M construction science faculty members Ben Bigelow and James Benham, also the chief executive officer of JBKnowledge, which develops technology solutions for the construction, risk management and insurance industries.
Results of the survey, published in The 3rd Annual Construction Technology Report by JBKnowledge, the Department of Construction Science and the Construction Financial Management Association, show a “mixed bag” of results that provide insights, surprises and concerns regarding builder’s uses of technology, said Benham.
The report’s main findings:
- The average construction company’s information technology budget allocation is lower than any other industry’s.
- Builders are increasing their use of cloud solutions, often without security protocols.
- Only 4.1% of construction professionals used two-way cloud and server-based data transfers during project phases such bidding and estimating.
Continue reading on ArchOne.