NEW RESEARCH:
Connected Construction: The Specialty Trade Contractors' Perspective
If the construction industry is to truly embrace digital transformation, data needs to flow among all project stakeholders. Currently, specialty trade contractors are not as engaged with these workflows as some of the other project team members, but the benefits they experience and the need to connect digitally on projects in the future are likely to drive wider use of these tools. Get an in-depth perspective on how specialty trade contractors benefit from inter-company and multi-company workflows where there is room for improvement.
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Highlights in this 40-page report:
Need for Consolidation Continues
In order to successfully implement digital worfklows, trade contractors continue to struggle with an unwieldy, disconnected tech stack.
High-Impact Processes
Trade contractors who use digital workflows are far more satisfied with their connections with stakeholders.
Success in Digital Transformation
Document management and job costing processes are top areas of investment for trade contractors who currently use digital workflows.
69%
Of specialty trade contractors report connectivity breakdowns with external stakeholders.
84%
Of specialty trade contractors use digital workflows or specific processes that are the root causes of project errors and delays.
“ The expectation that a technology will be important to the construction industry in the future can also influence its adoption. As owners become more dependent on the digital flow of data, it is likely that they will increasingly seek digital interactions and deliverables from the companies that work for them, and that demand will likely trickle down to all project team members.”
Stephen A Jones, Senior Director - Insight Insights, Dodge Construction Network
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