Business

Digitalisation of Construction

Construction is a notoriously conservative industry, blighted by inefficient processes leading to spiralling costs, excessive waste, and unnecessary delays. Today, tech companies like BIMobject® are challenging the industry status quo with digital solutions to bring construction up to par with other sectors that until recently have lead the way in digitalisation.

There have long been calls for construction to modernise and embrace digital practices with concerns over its poor productivity and lack of accountability. Progress is being made mainly thanks to enforced adoption with the mandating of BIM (Building Information Modelling) by national governments, but as BIMobject CEO Stefan Larsson points out, “construction companies no longer have a choice”.

“…if construction-sector productivity were to catch up with that of the total economy… it would boost the sector’s value added by an estimated $1.6 trillion…”

Digitalisation has been underway in many sectors for decades, and yet construction lags behind – despite being one of the most significant contributors to global GDP. Innovative, tech-driven companies like BIMobject are encouraging contractors, manufacturers, and professionals in the architecture, engineering, and construction (AEC) industries to work more transparently and synchronise contributions throughout the life cycle of a building.

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A report by the McKinsey Global Institute sums up what stands to be gained:  “…if construction-sector productivity were to catch up with that of the total economy… it would boost the sector’s value added by an estimated $1.6 trillion, adding about 2 percent to the global economy, or the equivalent of meeting about half of the world’s infrastructure need.”

The first to see the value of BIM adoption have been manufacturers, who can now use platforms like the BIMobject® Cloud to connect with the AEC community and have their products specified early in the design phase of a building. In turn, designers, engineers, and architects now have a one-stop place to acquire digital versions of real products for their designs. Using the data, they can create calculations and simulations to tackle configuration and assembly issues much earlier. As Larsson puts it, the BIMobject Cloud serves as a digital lego box, where everything can be checked digitally beforehand, and processes such as procurement, delivery, and assembly can be automated. Digitalisation enables construction to compress the processes, significantly reducing costs, delays and risks.

Digitalisation enables construction to compress the processes; significantly reducing costs, delays and risks.

BIMobject might be well-known to architects and engineers who use the company’s platform to download objects and populate BIM models, but the company mission stretches far beyond the design phase of construction. Thanks to integrations with popular CAD softwares and new technologies, BIMobject is helping construction companies, facility managers, manufacturers, engineers, and architects collaborate on a much higher level. The goal is to create an unbroken flow of information that will empower all project stakeholders with the data they need to work more efficiently, for a better bottom line, and, more importantly, for a more sustainable industry.

 

The interview was filmed with Sarah Lockett, Business Correspondent of The Business Debate and Stefan Larsson, CEO & Founder, BIMobject.

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