In its 2017 report entitled Reinventing Construction: A Route to Higher Productivity, the McKinsey Global Institute revealed that the construction industry lags all other major industries in productivity. In fact, the construction industry experienced a productivity decline of almost 1.5% per year ...

The globe faces three major problems that impede the construction of adequate infrastructure over the next 20 years: $94 trillion of investment is needed. The construction industry is not presently equipped to address the need. Government budgets are constricting investment and maintenance funding. ...

We have heard (separately) from two precast manufacturers that it costs $25,000 to conduct an inventory count. If there is one process that immediately justifies automated data collection, this is it. While the cost naturally depends on the size of the yard... they both have yards of about 40 ...

There is a lot of talk about "smart" things, infrastructure included. But what does that really mean? We have recently released a new web report entitled The Promise of Smart Infrastructure. In it we answer this question and present the opportunity that smart infrastructure provides for addressing ...

At the Smart Cities Connect conference in Denver last week there was discussion about how to make the most productive use of the enormous amounts of data that will be connected as cities implement smart city initiatives. Dell EMC's Chief Technology Officer, Rob Silverberg, said that cities should ...

Seattle just completed its SR 99 tunnel, a project that replaced the aging Alaskan Way Viaduct with a tunnel that runs under the city and offers substantially more protection to motorists against the effects of an earthquake. The Washington State Department of Transportation (WSDOT) bills the ...

With The Precast Show 2019 in the books, we've taken stock of our conversations with producers and distilled what we've learned into a list of top-of-mind issues for the precast industry. We will present them in two posts separated categorically into the broad topics of productivity and technology. ...

In its 2017 report, Reinventing Construction: A Route to Higher Productivity, the McKinsey Global Institute estimates that inefficiency costs the global construction industry over $1.6 trillion per year, primarily as a result of industry fragmentation. Diving a bit deeper, MGI further estimates ...

The movement toward 'smart cities' has developed momentum in the past few years as forward-looking city planners recognize that connected devices can provide value and create efficiency that was not possible previously. This will quickly become a driver for the construction of 'smart ...