The construction industry has been sluggish in adopting technology. However, there has been a rapid tech adoption recently, and this was accelerated with the current recession and pandemic scenario. What’s more exciting is that the industry has increased its investments in digital solutions including the shift toward connected construction capabilities. These technologies could in a way enhance internal operational efficiencies, reduce costs, and improve margins.
Meanwhile, resource management tools with integrated AI and machine learning capabilities are also creating an impact in the industry. Smart contractor solutions are also one of the recent trends creating a difference in the industry. Smart contracts offer all organizations in a project a shared system to do business, allowing them to buy, track, and pay for services. Rather than getting contracts and tracking deliverables from separate parties, firms can use smart contacts as an all-in-one tracking system where rules and deadlines are set for faster closeouts, increased security, and an automated construction experience.
As the industry is becoming too noisy and filled with numerous solutions, constructors are not able to find the right solution provider that fits their exact requirements. This is where Enterprise Viewpoint Magazine is creating a difference. To help streamline your selection process, the team of editors, CEOs, and experts in the construction space have shortlisted a list of Top 20 Construction Contractors in this special edition.