whitepaper

Construction & Technology: Building for the Future

Construction is a key industry across the world, representing approximately 13% of worldwide GDP or roughly $10 trillion in annual spend on construction-related goods and services. The sector employs over 7% of the world’s working population. Despite its relevance, the industry has struggled to evolve its approaches, and its productivity has suffered as a result. In fact, construction is one of the only industries that has experienced productivity losses over the last several decades.