Digital transformation has been a key investment for many businesses in the last few years. The pandemic has only accelerated this trend. This upward trajectory can also be seen in the construction industry. A survey by AGC of America and Sage Construction found that close to half of construction businesses planned to increase investment in 2020.
Digital transformation in the construction industry is even more important as companies struggle to reach higher levels of inefficiency with a shrinking workforce. Technology can help fill the gap created by the labor shortage and increase operational efficiency.
Despite being fully aware of its benefits, business leaders find it difficult to implement digital transformation plans. As a result, they can lag behind more innovative and forward-thinking competitors. Here are three of the most common challenges construction companies face when embarking on the digital transformation journey.
In this article, Angie Licata – COO of Ryvit – explores:
- Common digitization challenges faced by construction companies
- How to effectively embark on a digital transformational journey