Bricks and Bits: Transforming the Construction Industry Through Innovation

Notwithstanding the current surplus in housing, over the next quarter century the U.S. will need to invest trillions of dollars in construction to meet the demands of a growing population and to refurbish aging infrastructure. Doing this efficiently will be critical to America's economic future. However, when benchmarked against America's leading industries, the construction industry is anything but efficient. Indeed, measured growth in construction industry productivity has actually declined over the last two decades. And one key reason appears to be slow adoption of new technologies, particularly IT.

Category:

Science & Technology

Tags:

• construction
• IT
• innovation
• fiatech
• GSA
• productivity