The construction and infrastructure sector spans engineering and construction, equipment, building material, building products, construction technology, and infrastructure.
A changing landscape
The full range of geopolitical, economic, social and technological factors are impacting the sector, from volatility in raw material costs, labor shortages and changing demographics to digitalization, technological breakthroughs, the introduction of new regulations and the cyclic nature of business.
The intensity of these changes across the value chain, coupled with project delays and traditional productivity challenges, has had a drastic impact, further amplified in a post Pandemic world.
Addressing multi-faceted demands
With the energy transition and regulatory pressure to decarbonize acting as an additional spur to change, there is a strong emphasis on building resilience in project planning, automation and technological innovations directed towards green building, improving efficiency, reducing costs, and enhancing safety in the industry.
The construction and infrastructure industry is faced with navigating a complex regulatory environment while simultaneously dealing with strong competition.
