TECHNOLOGY
MANY BYPRODUCTS OF the technological transformation we ’ ve seen over the past few decades have impacted the construction industry – from 3D-mapping and building information modeling to the automation of equipment and processes . However , one area which does not seem to have been fully grasped with both hands yet is the monetisation of data assets .
Recent figures supplied to Construction Global suggest that the industry for construction data , valuable to Wall Street and the markets , could grow to somewhere between $ 20mn and $ 50mn over the next five years .
At least $ 5mn of growth is expected over the next two years alone and Tammer Kamel , CEO and founder of Quandl , a company which specialises
16 October 2017