Data Analytics in Construction Summit | 7th-8th July 2021
Equarius Hotel, Resort World at Sentosa, Singapore

OVERVIEW

Premature technological implementations only lead to further costs and burdens, and 35% of costs in E&C already comprise of waste material and remedial work! Firms, however, can buck this trend of bad investments if they seriously consider Big Data strategies. According to KPMG’s Future-Ready Index, the two technologies with the highest adoption rates amongst the top 20% E&C companies are BIM (86%) and basic data analytics (83%). These firms are leveraging valuable insights extracted from raw digital data to become true innovators in the industry, seeing their project costs and timelines being reduced significantly.

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