The digital outlook for 2024: Navigating construction’s tech landscape

Our experiences in 2023 have underscored the importance of proactive risk mitigation through data analysis, but transitioning into the digital era also requires a shift in mindset.

PlanRadar’s recent global survey ‘Digitalisation In the Construction and Real Estate Sector’ shows that while over 70% of construction firms globally are grappling with the challenges of digitalisation, an overwhelming 97% of construction professionals worldwide predict a surge in digital investment within the next three years.

It’s not merely about adopting new tools; it’s about embracing a comprehensive change in how we approach construction projects. This shift necessitates upskilling and cultivating a culture that values innovation and adaptability.

As we approach 2024, we’re seeing that the construction industry is increasingly undergoing a significant digital revolution. Embracing this transformation is not just a choice; it’s a strategic necessity. Technology such as Building Information Modelling (BIM), digital twins and AI have gone from futuristic ideas to increasingly essential tools for those looking to succeed in the construction sector.

As a collaborative tool, BIM in particular serves as a central repository for vital project data, fostering transparency and reducing the likelihood of errors. Fully harnessing BIM technology necessitates not only adopting the technology, but also honing the skills to extract meaningful insights from the data it generates.

2024 presents an exciting landscape for construction professionals to leverage digital advancements. Our findings in 2023 have underscored the importance of not only keeping up, but about staying one step ahead by incorporating these technologies into smarter project practices.