Artificial intelligence is in the industry ’ s line of sight and 44 % of respondents expect to integrate AI into their businesses within five years .

without an integrated data foundation . It is this integrated data foundation that provides not just information , but also construction intelligence .

Our survey finds 1 in 8 hours is wasted on rework and 14 % of total project spending could be saved with more efficient data management . But less than a third ( 29 %) of businesses who plan to design and implement a data strategy are ‘ very confident ’ in their ability to successfully develop and deliver a data strategy .

Meanwhile , justifying the costs ( 41 %) and return on investment ( 35 %) are stubborn obstacles to digital transformation . But here ’ s the clarion call for construction ’ s established players : younger businesses are ramping up their technology spending at speed . �

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