In fact, as industry, it has seen one percent annual rate of productivity improvement compared to average of 2.8 percent across all other industries in that time. That means the industry has seen third of the benefits of technology than other industries .
Instead of asking why the industry has lagged we want to talk about what the industry can learn from the industries that have reaped so many benefits and productivity enhancements from technology over the 20 years. .
We believe at eSUB that the industry can realize tremendous benefits from technology over the next ten years. the industry will save $1.7 in cost savings through the adoption of technology by 2026..
But thanks to how many industries and organizations have already begun their transformation, return on investment..
Demonstrate Illustrate how the technology will help the addition to the company..
Hold people accountable Make sure you have clear process to track and manage adoption and utilization and that you hold people accountable to expectations that you set and adjust. ..
Construction is industry ready for change. According to World Economic Report, full digitization would assist the in generating estimated 12 to 20% in annual cost savings..
The Inefficiencies of Spreadsheets and the Need for Software Alternatives to Excel for Construction Summary This article highlights the drawbacks of using Excel spreadsheets for...
here's how to get your teams onboard with the change...
Many transactions and agreements are made on the in the industry, sometimes even departing from what's contractually agreed upon.
Read more
Related items:
