Construction Magazine August 2020 | Page 67

As Industry 4.0 takes an increasingly firm grip on other verticals around the world , the construction sector is , by and large , a follower . A 2019 report from construction firm Kreo noted that construction technology and productivity have been flat for ages , and that fewer than 10 % of the respondents from a recent survey in the US believed their construction companies ’ technology to be cutting edge . However , the relatively slow pace of digitisation across the construction
kreo . net sector is not for lack of awareness . Another report by global consultancy Roland Berger ( this time focused on the German construction industry - which is one of the most advanced in the world ) asserts that : “ Clearly , the industry is aware of the importance of the megatrend toward digitisation . The problem lies rather with implementation ,” and notes that “ according to one study by the Association of German Chambers of Commerce and Industry ( DIHK ), 93 % of companies
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