Contractors no longer lagging on digital transformation

Grant Prior 12 months ago

Construction is rapidly shrugging-off its image as a late adopter of digital transformation.

A new report from the National Federation of Builders (NFB) reveals that the vast majority of contractors are embracing the latest technology and are enjoying the business benefits it brings.

The Technological Transformation and Cyber Security Insights from Construction Contractors research also shows that contractors are taking cyber security seriously, with half of all those asked having an appointed person to lead their cyber defences and a third assessing their cyber risk on a monthly basis.

But there is still work to do with the survey showing there is a lack of strategic leadership for digital transformation and a lack of general awareness of cyber security policies and procedures within the company’s asked.

Richard Beresford, Chief Executive of the NFB said: “There is a general perception that construction companies don’t take technology, digital and data seriously but our results contest that misconception and give us strong reason to be positive about the sector’s approach to digital transformation.

“Contractors have shown themselves to be adaptable when it matters these past few years, and this snap-shot research shows the same is true for the industry’s ‘strategic’ challenges too.”

Findings at a glance

Digital Transformation

  • 8 in 10 contractors say they have implemented digital transformation in their company.
  • Two-thirds of contractors report sustainable business improvements from digital transformation.
  • The majority of contractors are motivated to undertake digital transformation because of competitive advantage.
  • Most contractors do not have a specific person responsible for digital transformation.
  • Only 20% of contractors have not yet invested in digital-related training for their staff.

Cyber Security

  • 24% of contractors said they had been cyberattacked in 2022.
  • Half of all contractors said they have a senior person accountable for cyber security.
  • 1 in 3 contractors know they assess cyber risk on a monthly basis.
  • Only a quarter of contractors have one of the two Cyber Essentials certifications.
  • There is a lack of awareness about cyber policies within the companies, as 20% did not know whether they had been cyber attacked in 2022 or whether they had a senior person responsible for cyber security. 40% did not know how often they assessed cyber risk and a third didn’t know if they had a Cyber Essentials certification.

Latest news

McAlpine pulls out of £55m Carlisle Citadels project

University of Cumbria starts hunt for replacement contractor
1 day ago

Strabag UK suffers further big trading loss

Austrian contractor is gearing up for major presence in the UK market
14 hours ago

Durham Uni picks UPP for £130m student scheme

Firm will deliver 1,000 self-catered bed spaces
14 hours ago

Architects now upbeat after 10-months of work gloom

Larger practices see rising workloads in next three months
14 hours ago

Motorist dies after collision with road paver

Police Scotland investigating fatal crash
1 day ago

McLaren Living appoints HG Construction for £69m scheme

Build to Rent scheme will transform former vacant car park site in Leeds city centre
1 day ago

Squibb liquidator probes £2m of “missing” plant

Machinery, cars and scrap metal have disappeared at demolition specialist
2 days ago

Galliford Try to re-enter affordable homes market

Contractor sets out new five-year plan to build margin to 4%
2 days ago

Former Sellar chief to lead civils contractor Kilnbridge

Owen Dannatt joins as new CEO as founder Dermot McDermott becomes Chairman
2 days ago

Hunt starts for nuclear fusion plant construction partner

Fusion energy plant to be built at West Burton coal power station site.
2 days ago

National Grid raises £7bn for big infrastructure upgrade

Rights issue to fund a major round of capital investment in energy infrastructure
2 days ago

Grenfell police probe to last at least until end of 2025

19 companies and 58 individuals could eventually face charges
2 days ago

Mace confirmed on £100m London office retrofit

Work underway on Helical's 100 New Bridge Street job near Ludgate Circus
2 days ago

Wylfa chosen for next big nuclear power station build

Government names Anglesey site for a large-scale gigawatt nuclear power plant.
3 days ago

Bowmer & Kirkland trading profit halves

Contractor buys HVAC specialist Adcock despite challenging market
3 days ago

Piling specialist Van Elle plans further job cuts

Piling specialist plans further cost savings in face of lower demand
3 days ago

Civils contractor A Catlow files administration notice

High voltage cable specialist lodges court notice
3 days ago

Green light for ARC Oxford lab campus

Work to start later this year on £40m Ascent building job
3 days ago

Stonehenge tunnel hit by another legal delay

Court upholds latest appeal against £1.7bn scheme by campaigners
3 days ago

Plans go in for huge Olympic Park construction hub

Bow Goods Yard could deliver 3.5m tonnes of materials a year to sites across London
3 days ago

40% affordable homes target for Labour’s new towns

Labour pledges to select new town sites by end of first year
3 days ago

Plan for £100m Liverpool Baltic station

Construction work could begin next year
4 days ago

Surgo Construction went down owing £4.5m

Biggest creditor is Bellway Homes after dispute on housing job
4 days ago

Vistry seals £157m West London housing deal

Around 575 homes to be built at Merrick Place scheme in Ealing
4 days ago

Streamlined Watkin Jones returns to profit in first half

Multi-room specialist sees secured work pipeline hit £1.4bn
4 days ago

Bellway hires ex-brickie as group construction chief

James Griffin to oversee move to the Future Homes Standard and timber frame.
4 days ago

Persimmon under fire for delays to £10m relief road

West Suffolk Council serves Breach of Condition Notices after timetable slips again
4 days ago

BAM wins £33m Kent secondary school job

Replacement Swanley academy to be built at live school site
4 days ago

Aluminium cladding specialist collapses

Melton Mowbray-based firm worked for several main contractors
5 days ago

Brickwork contractor Lee Marley returns to profit

Affordable and rental homes demand lifts brickwork contractor
5 days ago

Contractor services