Technology for Good Times
Technology

Technology for Good Times

Photo courtesy: Autodesk, India & SAARC

The Indian construction market is set to grow from $500 billion to $1 trillion in the next five years. By then, it will be the third largest construction market in the world.

However, the industry is plagued by project delays and cost overruns – typically, because of chaotic execution, a lack of coordination between different stakeholders and low accountability across the value chain.

A key reason for this sorry state is old ways of working, mainly the lack of technology enablement on construction sites.

Amid such a situation, the pandemic struck, making it necessary for the industry to find new ways to innovate and collaborate. Again, technology was the answer, but exactly what sort?

Click here to know more.

Photo courtesy: Autodesk, India & SAARC The Indian construction market is set to grow from $500 billion to $1 trillion in the next five years. By then, it will be the third largest construction market in the world. However, the industry is plagued by project delays and cost overruns – typically, because of chaotic execution, a lack of coordination between different stakeholders and low accountability across the value chain. A key reason for this sorry state is old ways of working, mainly the lack of technology enablement on construction sites. Amid such a situation, the pandemic struck, making it necessary for the industry to find new ways to innovate and collaborate. Again, technology was the answer, but exactly what sort?Click here to know more.

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