Globally, skilled labor shortages are making it difficult to adequately staff projects and deliver quality work. In the same vein, poor productivity is another notable challenge for the construction industry, which is often unfavorably compared to manufacturing where significant efficiency gains have been made (an average of 1% global labor-productivity growth in construction compared to 3.6% for manufacturing, according to McKinsey.)
Combined with the increasing pressure to adhere to ever more stringent health and safety requirements, and protect workers in increasingly complex environments, it’s easy to see why many companies struggle to stay competitive and profitable. Yet advances in technology are changing the way we work and can help companies overcome these challenges – here’s how.