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Cost intelligence will become a strategic contributor to project success
Technology

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital wor...

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enabling the industry to adapt?India’s construction sector is being shaped by large-scale infrastructure investment, rapid urbanisation, industrial growth and increasing expectations around transparency and efficiency. As projects become larger and more complex, organisations require better visibility into quantities, costs, resources and project performance. RIB Software supports this transformation by helping developers, consultants, quantity surveyors and contractors connect design information with estimating, cost planning and commercial processes. Through digital workflows and accurate project data, organisations can improve collaboration, make better-informed decisions and deliver projects with greater confidence.For example, Currie & Brown adopted a centralised digital estimating approach to support consistent measurement, estimating and reporting workflows across projects. By moving away from spreadsheet-driven processes, teams were able to improve efficiency, strengthen collaboration and make decisions based on reliable and auditable project data. Despite wider adoption of BIM and digital tools, project delays and cost overruns remain common. What do you believe are the missing links between digital planning and successful project execution?While BIM adoption is increasing, many organisations still operate with disconnected workflows between design, quantity surveying, estimating, procurement and commercial teams. Valuable project information often remains siloed, limiting its impact on decision-making. The missing link lies in connecting design information with accurate quantities, cost planning, estimating and commercial decision-making. When teams work from a shared digital environment with reliable cost data and clear audit trails, they can reduce rework, improve collaboration, make faster decisions and increase confidence in project outcomes.For instance, Lodha leveraged digital quantity take-off and estimation workflows to support greater consistency in budgeting and feasibility planning across large-scale developments. This helped improve collaboration between design and commercial teams while providing stronger confidence in investment and project planning decisions.AI is rapidly changing the way projects are planned and managed. How do you see AI reshaping construction workflows and which applications will deliver the greatest value over the next few years?AI will help project teams make better use of the data they already generate. Over the next few years, its greatest impact is expected in quantity analysis, cost estimation, trend identification, estimate validation, reporting automation and commercial insights. AI will not replace construction professionals; instead, it will help them spend less time on repetitive tasks and more time focusing on strategic decisions that influence project outcomes.Sustainability is becoming central to project delivery. How can integrated digital platforms help developers and contractors improve productivity while also achieving their ESG and carbon reduction goals?Digital platforms provide greater visibility into quantities, materials, costs and environmental impacts. This enables project teams to make informed decisions about resource utilisation, procurement and waste reduction. By connecting project information and improving accuracy at the planning stage, organisations can improve productivity while supporting carbon reduction and broader ESG objectives. Sustainability is increasingly becoming a business priority and digital technology provides the data needed to measure, manage and improve performance.For example, Currie & Brown has demonstrated how BIM-enabled quantity take-off and cost planning workflows can help project teams manage design changes more effectively, improve transparency and support data-driven decision-making throughout the project lifecycle.Looking ahead, what do you believe will define the next phase of digital transformation in India's construction industry and what role do you see RIB Software playing in that journey?The next phase of digital transformation in India will be driven by connected construction data and a growing demand for cost certainty. As infrastructure and real-estate projects become more complex, organisations will look for faster access to accurate quantities, reliable estimates, better cost visibility and stronger commercial governance. Companies such as Runwal Group are increasingly embracing digital construction practices to improve cost visibility, standardise commercial processes and support better decision-making across their project portfolios. As the industry evolves, connected and data-driven workflows will continue to play a critical role in delivering predictable project outcomes.RIB Software will continue supporting this transition through solutions such as CostX, helping quantity surveyors, consultants, developers and contractors make more informed decisions using connected, data-driven workflows. Going forward, cost intelligence will increasingly become a strategic contributor to project success and investment confidence.

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