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(EstateNewsWire.com, August 10, 2017 ) In the second quarter of 2016, Publisher surveyed over 100 industry executives, including contractors, surveyors, civil engineers and architects, to obtain an understanding of the state engagement with new technology in construction.
The results of the survey reveal a rejection of the assertion that there is a culture of resistance towards engaging with new technology, however the majority of respondents stated that their company is not at the forefront of it's industry interms of engaging with new technology. The most commonly cited barriers were financial and included the assertion that many new technologies are cost prohibative and that there is a lack of allocation within company budgets for investment in new technology. However those who had invested were extremely positive about the benefits of engaging with new innovations.
For more information http://www.reportsweb.com/trend-insight-emerging-technology-in-construction
Table of Containts
In terms of the technologies analyzed that had experienced the greatest levels of current and planned investment, the most popular was mobile applications followed by 3D modelling and then cloud technology. In comparison, autonomous vehicles received the lowest level of current and anticipated investment.
Given the number of benefits available following investment, greater levels of engagement with technological innovations are expected as their affordability and capability increases and as they are given higher priority by companies in terms of investment strategies.
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Source: EmailWire.Com
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