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Dodge Data & Analytics and Trimble Construction, Connected Construction: The Specialty Contractors' Perspective, 2022.
Technology Delivers Building
Blocks but Also Roadblocks
From reality capture software and positioning systems to fabrication management and
building information modeling (BIM) solutions, digital technology touches nearly every
corner of the modern construction project. Understanding how, when and where to use
technology is crucial. Companies that get the equation right operate more efficiently and
cost-effectively. In a best-case scenario, they're able to achieve transformative results.
Specialty contractors recognize that digital technology plays an integral role in advancing
their business.
This includes areas as diverse as materials and inventory management, document
management, job costing and labor management.
Make no mistake, digital workflows that connect people, data and machines unlock
significant value for construction firms.
According to a 2022 study conducted by Trimble and Dodge Data & Analytics:
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86%
of trade contractors who
currently have a low level
of digital adoption plan to
invest in digital workflows.
60%
who have a high level
of digital adoption plan
to continue investing
in technology.
The same Trimble-Dodge study found that:
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57% of businesses realize efficiency gains for internal processes
58% improve decision-making
44% increase labor productivity
48% deliver projects faster
But that's where things get difficult. Simply adding technology to the mix doesn't necessarily
unlock maximum value. It's all about how a business uses various tools, technologies and
solutions together—and how they synergistically create advantages.
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