Summary
The Benchmarking program offers BuiltWorld’s Engineering and Construction Company members an opportunity to gauge their technology adoption against their peers so they can identify and prioritize the gaps in their technology stack they need to address to be a leading firm in terms of digitization. Since its inception, the BuiltWorlds Survey Report has aimed to identify leading construction technology solutions across five key categories; Preconstruction, Project Management & Oversight, Field Management Solutions, Tools, Equipment, & Robotics and Offsite (Modular) Construction.
Within this report are the aggregated survey results from the 2023 survey focused on key findings for usage of Preconstruction project delivery technologies within the following tech specialty areas and categories:
RESEARCH OVERVIEW
The Built World is ever-changing—everywhere you look it is constantly influenced by innovative construction technology and ideas. These new advancements can help companies, regardless of size, expedite processes and increase safety in many areas of their work. Given the many possible directions available when identifying and implementing new tech, the decision-making process can seem chaotic to both employers and employees.
The contents of this report are seek to provide clear, concise understanding of a chaotic space through primary data provided by construction companies across the globe. Specifically, the the data provided includes the adoption, implementation, and quality of construction project delivery technologies, with numerous subtopics embedded within to create a complete picture of adoption in all areas.
DATA DETAILS
It is important to note that the data that is presented in this report is empirically gathered and provided through an entirely neutral, 3rd party lens. As alluded to above, the data is retrieved through our BuiltWorlds Benchmarking Survey Program which examines five major areas of exploration in construction project delivery technology solutions. This allows us to deliver actionable data and insights, regardless of which part of the construction timeline your company operates in.
Participation in the benchmarking surveys will in turn provide you with a technology assessment report from the BuiltWorlds analyst team. This report provides you with information relating your company’s use of technology in comparison to the industry average, and can be used to provide input into your future innovation strategies.
Respondents for this year’s survey included C-Suite leaders, Executives, Presidents, Operations & IT Directors, Directors of Technology/Innovation, project teams, and preconstruction teams at construction companies. Most respondents are members of the BuiltWorlds Engineers & Contractors (E&C) Technology Adoption Leaders Forum, which meets monthly to discuss trends in construction technology needs and adoption.
TECHNOLOGY SPECIALTY REPORTS
This benchmarking report is intended to provide a high-level overview of the most adopted solutions and aggregate quality ratings. For additional insights on technology adoption trends, year-over-year analysis, and detailed solution ratings, check out our library of technology specialty reports here.
PRE-CONSTRUCTION TODAY
Common themes in construction technology today include the development of artificially intelligent technology, streamlining the flow of data, and data analytics / business intelligence. The application of these themes to the preconstruction phase is a driving force in the need for innovation in this phase of the project lifecycle. Stakeholders, and especially contractors, are increasingly relying on preconstruction activities as a means to increase the odds of success during the execution phase of the project.
This begins with increased collaboration between stakeholders in the design phase, where contractors, designers, and owners all work more closely through design, and increasingly modeling and simulation activities. Estimating and takeoff technology, including advancements in AI, assist contractors in developing more accurate estimates to provide owners. Bid management & prequalification technologies allow contractors to more accurately and efficiently compile, communicate, and partner with the right vendors for the project. Innovations in scheduling technology have provided enhancements in both analytics to better understand the project schedule, and collaboration to better communicate the schedule to all stakeholders.
Below is are details on technology adoption in each of the 6 tech specialty areas within the preconstruction category:
- What solutions were identified as the most adopted today by contractors
- How often were those solutions typically utilized
- How well did those solutions perform across a variety of functionality criteria