Claranet Industry Report Next Generation Technology Next generation technology How next generation technology meets the architecture, engineering and construction (AEC) industry 0333 414 9239
[email protected] claranet.co.uk Claranet Industry Report Next Generation Technology Fortunately, the UK’s AEC sector is not all doom and gloom. 1. Introduction Companies are joining the ecosystem economy and joint ventures are gaining ground as leaders see the vast The Architecture, Engineering, and Construction (AEC) sector is the benefits of a collaborative approach and letting go key player in developing smart cities that are aligned to new styles of blinkered thinking. of living and working. It has a broad responsibility to build a modern world, bolstering economic outlooks through infrastructure and it is In this ebook, we look at how the sector reached this consistently expected to solve urban problems. point, but, more importantly, we examine what needs to be done for it to futureproof itself and take According to a 2017 McKinsey report1, The construction industry its place in the Fourth Industrial Revolution. To employs about 7 percent of the world’s working-age population. properly explore this, we engaged with some The same report goes on to say the engineering and construction of the UK’s most respected thought leaders, sectors are collectively worth more than $10 trillion a year. entrepreneurs and top-tier movers and shakers in the AEC sector. The following However, despite its economic clout, the report warns that the ebook contains their exclusive insight,In a world where construction industry is severely under digitised. curated by connectivity provider This is further supported by a report in 2016 which found that 70 Claranet.