The Power of Connected Data and Insights in Construction

Data is and should be the focal point of the industry’s digital transformation

Its proliferation has been a sure sign that construction companies and project owners are seeing the importance of collecting it. Not only that, they understand it only has real value when the right people not just have timely access to it, but from it, can make informed decisions.

The reality, however, is that for many AEC companies, most data is scattered in different systems and hard drives, as a majority of companies still operate in a highly fragmented way. According to FMI, 96% of all data captured goes unused in the engineering and construction industry, 90% of data generated is unstructured, and 13% of Engineering & Construction working hours are spent looking for project data and information. That translates into a massive waste of time and budget.

This e-book offers an interesting perspective on how the construction industry must connect data in order to gain access to latest project data in real time, share data seamlessly, mitigate project risks, and prevent safety issues, all of which, cumulatively, will maximize productivity.

Table of contents

EXECUTIVE SUMMARY

WHAT IS AND WHAT IS NOT CONNECTED DATA?
- Adopting lots of digital tools ≠ gaining connected data
- Only connected data can become valuable asset

WHY CONNECTED DATA?
- The future of competitiveness lies in connected data
- For contractors: increase your competitiveness
- For owners: gain visibility into every phase of your projects

HOW TO CONNECT YOUR DATA?
- Cloud first
- Mobile BIM
- BI based data analytics
- A unified platform: The “connector”

INTRODUCING CONNEX CONSTRUCTION CLOUD

CONCLUSION