Two years ago, I reported that the construction industry was dead last in IT spend as a percent of revenue compared to 14 other industries as reported by Gartner Research.Now, Gartner has broadened the construction industry category to include materials and natural resources, but the results are the same.In 2013, IT spend was 1% as a percent of revenue, 1.2% as a percent of operating expenses, and last on both measures compared to the 19 other industries surveyed. Gartner also put Construction in one of 12 industries where revenue is growing faster than IT spend, implying that it is unlikely
"That's a drafting board, Will. It was largely used by architects to develop drawings of a building before construction," explained George, Will's grandfather, as they toured the Museum of Architecture and Engineering.
I started my career in a different era, developing software applications for DOS, Mac computers and Unix systems.Software development was complex in those days. For example, we had to establish special code to render screens on three different platforms. Things became easier with the introduction of HTML and browsers, but the functionality was limited. Today, while we still have some complexities with multiple browsers and devices, developing software is much easier and faster and delivered at higher quality. The results are a huge proliferation of commercial and proprietary applications. Further, there are now hundreds of thousands of mobile applications that
Construction IT Managers Eying Microsoft Surface Pro Release Mobile Devices Are Key to BI in Construction Gartner Stats: Big Data Trends in 2012 Construction companies with less than $250 million in revenue invest about 1.6% of it on information technology, according to Gartner Research. Meanwhile, construction firms with $10 billion in revenue on average spend only 1.1% on IT. The construction industry is dead last in IT spending compared to 14 other industries measured by Gartner.
I had the privilege of moderating a panel of CIOs at ENR's FutureTech Conference in mid-December, held in San Francisco. For those of you unfamiliar with conference, it is a key gathering of technology leaders, expert technology users, and others looking to learn and share knowledge about leveraging technology in AEC firms. The panel is an open dialogue with CIOs on their challenges—keeping the lights on, satisfying internal users, and testing new technologies and practices, to name just a few issues. Here are some of the insights that the panelists shared.BIM Successes and Challenges BIM maturity is always a hot topic at