article thumbnail

Why Modular Building Hasn’t Revolutionized Construction

Harvard Business Review

The allure of building indoors in a controlled environment instead of in the mud, muck, and maelstrom of a conventional site has made prefabrication a strong candidate for the future of construction for architects, engineers, and construction futurists.

Industry 124
article thumbnail

Can the Construction Industry Be Disrupted?

Harvard Business Review

Construction is often maligned as the industry that technology left behind. Industry observers routinely deride the lack of technological sophistication in the construction industry, and have pigeon-holed it as old-fashioned and lagging behind more forward-looking and purposeful industries such as manufacturing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Constructing the innovation mandate

Paul Hobcraft

We will focus on both incremental and distinctive innovation outcomes and ones that have the potential for disruptive or breakthrough innovation, that are exploring new technologies, markets, and new business models to drive growth and create value.

article thumbnail

Digital Transformation: Rebuilding an Outdated Construction Industry

Cascade Strategy

It’s no secret that the engineering and construction industry is a major powerhouse of the global economy. Representing 13% of the total global GDP , the construction industry is under constant pressure to innovate, become more efficient, and address cost pressures.

article thumbnail

Silicon Valley’s Next Target: Disrupt the Construction and Real Estate Industries

Leapfrogging

Construction Tech’ and ‘Real Estate Tech’ are the next greenfield market spaces. Every industry, every company, and every leader must recognize one simple fact: every product, service, process, and business model will be disrupted–it’s just a matter of time. There’s no hiding from disruption.

article thumbnail

Smart Construction: How AI and Machine Learning Will Change the Construction Industry

Daniel Burrus

I have written about disruptions in the manufacturing industry, such as Industry 4.0 , while illustrating the Hard Trends that indicate where improvements w ill be made in the future. Growth in the construction industry has only been 1% over a few decades while manufacturing is growing at a rate of 3.6%. Risk Mitigation.

article thumbnail

Technology Is Rebuilding the Construction Industry

Daniel Burrus

The construction industry is notoriously slow when it comes to adopting and utilizing technological solutions. Our thirst for faster and more accurate data is increasingly leading all industries to finally reach the eureka moment of how digital technology can and will revolutionize their industry.