Inventory the data your company
currently collects, quantify the value
you're getting from it, and explore new
ways it can help you make better and
faster decisions. Also consider the
type of data you could be collecting
with the tools you already use.
With this understanding, you can
netune your focus and create a plan
that produces early wins. Because
data is invaluable in a Connected
Construction ecosystem, fostering a
company culture that values data as a
core asset and continually seeks to
capture, curate, and use data for
maximum eect is key to maximizing
the benets Connected Construction
will produce for your company.
BENEFITS
OF IMPROVED
DATA GATHERING
AND ANALYSIS
CAPABILITIES.
Better
ability to
complete
projects
at/under
budget.
53%
Better
ability to
complete
projects
at/under
schedule.
36%
Greater
productivity
47%
Greater
protability
46%
Improved
ability to win
new work.
26%
Increased
safety on
projects
34%
Contractors who reported improved data gathering
and analysis selected the top three benets generated
by the improvement. below are the percentages
that include each benet among the top three.
Better budget compliance tops the list, followed
closely by improved productivity, protability
and safety.
CAPITALIZE
ON EXISTING
DATA
3
