How digitalisation in construction can foster collaboration

How digitalisation in construction can foster collaboration

The global building and construction industry is predicted to reach $14.41tn by 2030, growing at a CAGR of 7.3 per cent from 2022-2030. In the UAE, it is anticipated that the sector could expand by 4.2 per cent in 2022 due to Expo 2020 and resulting investments in tourism, hospitality and public infrastructure projects. The UAE is now moving forward after a tremendously successful event, with an expected economic boost of $33bn in the next 10 years. Digitalisation has emerged as a key pillar to leverage future growth opportunities. In the construction sector especially, technology is playing a transformational role in planning, monitoring, staffing, and ensuring on-time delivery of projects. We have seen how drones in construction have helped to boost construction efficiencies tremendously by reducing time, risks and manpower on-site. It is also allowing accurate maps and 3D models to be produced and is improving worker safety and security at construction sites. This is just the tip of the iceberg. The success of the construction sector now hinges on deploying connected construction technologies across the value chain. This means integrating assets, people and processes into a single intelligent and secure platform. The construction industry is still quite fragmented. It