Make way for digital transformation in Construction It’s nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company …
It's nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company will grow, survive, and thrive over the coming years. This growth of digital transformation is being fueled by our increasingly complex world, where we demand a better and faster experience and technology has become central to our existence.
According to a Research and Markets report, the global digital transformation market is expected to reach $3.8 trillion by 2030
"But while most companies (87%) believe that the upward-trending digitalization will disrupt their industry, only around half (44%) are prepared for this drastic change (Deloitte)."
In AEC's case, while it's still one of the world's least digitized sectors, it's already investing in digital transformation to catch up with more digitally mature sectors. When asked in an InEight survey, a majority of owners and contractors (92% and 96%, respectively) said that their organizations now have a digital transformation strategy in place.
Multisite real estate owners, in particular, must view digital transformation through the lens of scalability, standardization, and repeatability to succeed in it. What makes the digital building journey challenging, unique, and powerful for multisite owners? Learn more from our Digital Transformation for Multisite Owners panel discussion at Autodesk University on September 27th in New Orleans.
So, what will it take for the AEC industry to get digital transformation right? It starts with having a strong foundation. Here are some digital workflows that AEC organizations should be considering:
BIM is a process of creating and managing complete digital representations of a construction project or facility. It applies various tools and technologies to create a data-rich model, enabling AEC specialists to optimize all phases of the project lifecycle — from design through construction and operations.
Among BIM's many benefits are improved overall building efficiency and post-build performance, as well as reduced costs associated with wasted materials, construction inefficiencies, and scheduling conflicts. BIM workflows can be tailored to meet one's needs, but a comprehensive digital representation of the project in 3D form should always be included. Additional value can be realized by adding other sources of data (for example, 4D construction scheduling, 5D cost planning and monitoring), enabling more mature decision-making on projects.
Many tend to lump virtual reality (VR) and augmented reality (AR) together when, in fact, each is used quite differently in the design/construction process.
VR is an immersive experience that seeks to visualize and simulate a real-world environment. It has immense potential to help developers avoid extremely expensive change orders by pinpointing potential issues early on. Moreover, it enables AEC firms to make a more compelling case when bidding for a new project — by taking them on a virtual tour of the future space instead of presenting a 2D rendering and a model, then asking stakeholders to use their imaginations.
For instance, VIATechnik used VR to create a room mockup for a new hospital expansion project. The decision resulted in a measurable 13x financial ROI and strengthened the project team's future commitment to immersive technology.
"This virtual patient room is what hospital staff viewed in Unreal Engine for approval in the Carilion Roanoke expansion project. All furniture and textures were recreated in Maya from design files. Even the lighting from the windows was simulated from drone flights recording the angle of light into the windows. VR rendering courtesy of VIATechnik/Robins & Morton"
Learn more about how VR's ROI can become a reality through our Making VR's ROI a Reality: A Case Study on Hyper-Realistic Clinical Mockup session at Autodesk University.
AR, on the other hand, combines a simulated experience with the real-world environment. It projects virtual images into the user's line of sight and, therefore, can be potentially used on-site as a tool for creating the structure exactly as the intended design. It can greatly speed up construction projects and reduce errors made during the actual building process.
The AEC industry's digitization, along with increased project complexity and duration, has forced organizations to think about how they can truly get value from the growing amount of data being created and collected across their projects.
The amount of data being produced has skyrocketed due to the rise of construction technology startups. However, that has left businesses having tons of data and digital assets but not necessarily utilizing them. If we organize, integrate, and analyze these data, we can start making better, faster decisions. This can help reduce variability on projects, help ensure improved outcomes, and increase predictability.
To move the industry from data to insights to action, we at VIATechnik have launched our enterprise software solutions, which include the following:
This year's the Autodesk University conference will cover vital themes to help improve firms, from supporting digital transformation to fostering resilience through sustainability and cloud-based solutions. In line with that, our team will be showcasing our enterprise software platforms at our booth. To visit our booth, book a one-on-one booth meeting with us here.
We Craft Software that Designs, Builds, and Operates The World
A Data-Driven Design Optimization and Automation Platform
Leverage repeatable design logic at scale to to go from concept to design documents in a few clicks, enabling better faster decision making and reducing friction in the design process.
A Predictive Insights & Data-Driven Learning Platform
Through the power of precogs, turn your company's lessons learned and collective knowledge into a competitive advantage.
A Digital Supply Chain Platform
By leveraging high quality data and connecting to the BIM process, the Thread platform provides manufacturers and suppliers a new way to digitally transact with customers.
An Integrated Digital Twin Solution
Voyager is a digital twin solution which serves as a connected home base for real estate assets, integrates with facility and business data, and enables data analytics to move owners from data to insights to action.
Make way for digital transformation in Construction It’s nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company …
Make way for digital transformation in Construction It’s nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company …
Make way for digital transformation in Construction It’s nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company …
Make way for digital transformation in Construction It’s nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company …
Make way for digital transformation in Construction It’s nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company …
Make way for digital transformation in Construction It’s nearly impossible to read the annual report of a public company without seeing digital transformation front and center to how the company …