There are worse economic trends than slowing productivity. How about declining productivity for one? That’s the nasty trick pulled by the US construction sector. It’s been running in reverse for a ...
Those of us in the construction industry, whether we want to admit it or not, are faced with an unpleasant truth: we haven’t increased our productivity in more than 50 years. According to a research ...
Across nearly every sector, artificial intelligence is changing the way work gets done. In construction, however, the digital transformation era is just getting started — and the potential impact is ...
Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.
High inflation and labor shortages are a major challenge for many industries, and no more so than in the construction and engineering (C&E) sector, where productivity has historically always been low.
From 2000 to 2022, productivity in the global construction industry improved only 10%, just one-fifth the rate of the overall economy, according to an article by McKinsey & Co. executives. Lagging ...
Both European and American construction productivity has fallen since the start of the 2000s. Surprisingly, though, contractors across the EU have managed to outperform their US counterparts. We have ...
Researchers at National Taiwan University have developed an AI system that recognizes construction activities at both the individual and crew levels using ordinary site videos. The approach reveals ...
We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then ...
When Shreesha Ramdas first started building tech companies in the early 2000s, he didn’t expect his path would lead him to one of the oldest industries in America: construction. A seasoned ...
The promise of AI being a practical answer to increasing productivity and your bottom line is always subject to having good data to feed the AI model. Thankfully, AI-driven technology can enhance the ...
Ask a project executive where productivity slips away and you’ll hear familiar culprits: labor shortages, change orders, and weather. But if you trace most schedule slips back to their first domino, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results