The construction industry is important for socio-economic development globally. The advancements in sophisticated technologies and the latest trends in digital transformation have enhanced the growth of the industry, leaving a huge market turnover. Amid the uncertainties persisting in the industry, productivity has improved with many companies working persistently with improved infrastructure solutions.
The increased demand for green construction has enhanced work efficiency by reducing pollution and the advanced 3D printing technology in construction has yielded greater results with accurate outcomes. Building Information Modelling is making the collaboration of construction and resource management easier. The rise in project management software has driven the construction industry to be transparent, accountable, and efficient. Looking for products with ecological benefits is also making the industry sustainable for the future.
The revenue of the global construction industry is expected to grow steadily over the next few years. The size of the construction market amounted to $6.4 trillion in 2020, and it is predicted to reach $14.4 trillion by 2030.
To put the spotlight on many other key developments in the industry, CIO Review APAC illustrates how companies are leveraging the latest developments in construction technology to enhance their overall performance. The edition also features thought leadership articles from Dr. Ross Trethewy, Head of Health Safety Environment, ADCO Constructions, Richard Kimber, Managing Director, Business Unit Leader South East Asia, DPR Construction, and Abdulmajid Karanouh, International Director, Head of Interdisciplinary Design & Research, Drees & Sommer, who shed light on various trends in the construction industry, including key developments in digital twin technology, contract and risk management, and software technology.
In this edition of CIO Review APAC, we also bring to you the story of top construction solution providers in the APAC region with a vision to deliver excellence. The list comprises Angelswing, a cloud/web-based drone data platform that reconstructs physical job sites into the digital world with drone-captured imagery. The edition also highlights Ken Robotech Corporation, a company passionate about robots working alongside people with labor-saving solutions.
Through the following pages, we aim to shine a light on the latest developments implemented by companies in the construction industry. We would like to know your thoughts.
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