As the industry faces ongoing challenges, they are adopting digital technologies like AI to automate and optimize their operations and cloud-based solutions to simplify fragmented IT systems.
Research focusing on modular and offsite construction has shown remarkable statistics not just for construction, but for the wider environment as well.
A 1% increase in costs can make all the difference between profit and loss, so having better visibility and control over all project phases beginning with estimating is essential.
In the wake of the turbulent Covid-19 pandemic, the Construction and Engineering industry will need to continue in its fight to become more resilient and agile.
EPC (Engineering, Procurement, and Construction) companies are responsible for designing and constructing some of the most complex bridges, buildings, energy grids, power plants, etc – in the world.
In a recent webinar, construction experts from IFS and Bryden Wood discussed how converging technologies can deliver: cost and time savings, the ability to meet the modern challenges of construction and a sustainable way of working.
In addition to a complex operation model, EPCs are constantly faced with fresh challenges that can further complicate their projects. Having visibility into capabilities and commitments can help manage the challenges.