Market wobbles speed-up construction digital push

Grant Prior 1 year ago Procore
Share

More than a quarter (28%) of construction decision makers within the UK and Ireland believe economic and industry volatility has prompted a significant increase in digital transformation investment over the past six months.

The findings follow a new ‘How We Build Now’ benchmark report commissioned by construction management software provider Procore Technologies which surveyed over 200 decision makers across the industry.

Brandon Oliveri-O’Connor, Vice President of EMEA at Procore said: “In an environment where the pressures firms face come from the bottom line rather than the top, the scene is set for technology to play a greater role in driving the industry forward.

“This is backed up by almost half (44%) saying they plan to introduce construction management platforms into their business in the next 12 months.

Oliveri-O’Connor added: “These findings aren’t just good news for now – but the future too. Against persistent headwinds in the construction sector globally, UK and Irish decision makers continue to show resilience and adaptability to build strategies for long-term success.

“Accelerating digital transformation and unlocking the value of data to improve decision-making, visibility, security, client experience, as well as sustainability, will not only improve the industry’s efficiency and bottom line today but increase its ability to navigate unforeseen challenges and expectations tomorrow.”

 

Latest suppliers & buyers news

Kilkern wins drainage deal at £480m green energy plant

Package win at at the Lostock Sustainable Energy Plant in Cheshire
3 days ago
Kilkern

Quest now offers latest industrial vacuum system

Waste management specialist broadens its range

ROCKWOOL launches Fire Barrier EN

Preventing fire spread and inhibiting the passage of smoke in concealed spaces
1 week ago

Conquip BulkX makes site excavations easier

Specialist can make life easier for civils contractors

SRL appoints Mark Eburne as CEO

New leader at traffic management specialist
3 weeks ago
SRL Traffic Systems

Trio of new products from Altrad RMD Kwikform

Latest solutions will make life easier for contractors
4 weeks ago

Walker Modular lands £5m bathroom pod contract

Specialist to work with Graham and Watkin Jones on major build-to-rent scheme

JCT launches latest contract updates

Design and Build Contract 2024 Edition now out
1 month ago

New MD at Quest to drive company growth

Specialist services contractor appoints Clive Leadbetter

IBMG raises funds for further expansion

£650m revenue Independent Builders Merchant Group looks for more acquisitions
2 months ago
IBMG

New Knauf rainscreen cavity systems make life easier for specifiers

Rocksilk RainScreen Cavity Systems launched
2 months ago

Go Smart card checks set to end within days

Contractors should move to CSCS Smart Check as soon as possible
2 months ago

Milbank delivers precast floors on 100% renewable fuel

Delivery and installation of precast concrete hollowcore floors using only Hydrotreated Vegetable Oil

AGD suppliers latest crawler cranes for HS2

Buyer Total Plant Ltd puts two Sennebogen machines to work in Birmingham
2 months ago
AGD Equipment Ltd

LDD Construction acquires Drill Masters

Latest deal for diamond drilling specialist expands presence in East of England

Conquip launches industry-leading after-sales service

Products and services supplier offers big benefits for contractors

Wernick Group celebrates 90th anniversary

Major milestone for portable and modular buildings specialist
4 months ago
Wernick Group Limited

Quest boosts fleet after ‘try-before-you-buy’ offer

Waste management specialist sings praises of dirty water recycling tanker
4 months ago
Quest Waste Management

AGD takes delivery of powerful new piling rig

Compact Comacchio machine packs a punch
4 months ago
AGD Equipment Ltd

Deanestor lands Robertson school deal

Latest win for fit out specialist
4 months ago
Deanestor

Statom buys another £5.4m of kit from PERI

Concrete specialist seals latest deal with formwork and scaffolding firm
4 months ago
PERI Ltd

New partnership promotes plant crossing safety

SRL Traffic Systems and CLD Physical Security Systems establish hire partnership
4 months ago
SRL Traffic Systems

Go Smart skills card checking to end soon

CSCS scheme leaders urge industry to prepare for new verification system
5 months ago

Core Highways brings all divisions together

Rebranding sees £120m turnover specialist operate as one business
5 months ago

Construction firms co-operate on green wall

Willmott Dixon, FACE Brickwork, Grayson, Speedy Hire and Cemfree showcase carbon cutting methods
5 months ago
Cemfree

Floorplan celebrates 25 years of success

Raised access flooring specialist benefits from exclusive partnership with Italian supplier JVP
5 months ago
Floorplan Systems Ltd

Deanestor lands £3m deal at Passivhaus school

Fitout specialist lands latest contract from Robertson
6 months ago
Deanestor

Offsite Solutions lands £2.4m shower pod deal

Major contract win on McAleer & Rushe student tower
6 months ago
Offsite Solutions

J3 arranges insurance deal on £55m McGoff resi scheme

Independent insurance and finance advisory continues to win work in new build market
7 months ago

Firm Quick Find

Join Now

Sorry, there was a problem with the details you have entered. Please review the highlighted fields.

Sorry, this email address has already been registered.

Top searches

Contractor services