Digitial Transformation for Construction

Story Title: 
Digitial Transformation for Construction
Episode: 
1
Length: 
97s

The construction industry has been stuck with the lowest productivity growth of all industries at just one percent per year. This no doubt impacts your bottom line as only the retail industry operates with margins thinner than the construction industry. Meanwhile, you probably also struggle to fill positions given the shortage of qualified labor.

To help you overcome these challenges, in his talk on Digital Transformation for Construction at the ABC Convention 2019 Long Beach, he’s share how digital transformation can help contractors improve labor productivity, while also lowering costs and enhancing worker safety.

Digital Transformation for Construction

The construction industry has been stuck with the lowest productivity growth of all industries at just one percent per year.

This no doubt impacts your bottom line as only the retail industry operates with margins thinner than the construction industry. Meanwhile, you probably also struggle to fill positions given the shortage of qualified labor.

To help you overcome these challenges, in my talk on Digital Transformation for Construction I’ll share how digital transformation can help you improve labor productivity, while also lowering costs and enhancing worker safety.

I’ll begin by providing a five-layer framework to help you understand digital transformation solutions.

I’ll then share a number of stories on how contractors like you are already applying digital transformation to improve their businesses, such as the use of robotics, drones, augmented reality, networked heavy equipment and more.

The examples will draw from my new book Precision Construction, along with many other stories sourced from the construction community.

I’ll also walk through new service models enabled through digital transformation and have transformed other industries, such as Uber providing essentially transportation as a service, and Amazon Prime turning over 100 million retail customers into monthly subscribers.

I’ll discuss what does construction as a service look like? And describe companies transforming the construction industry through these new service models.

So if you’re curious to know more on how digital transformation can help your business, I invite to you to attend and please share any stories you have with me as well.

Vince Vasquez, CEO Precision Story
Email: vince@precisionstory.com
Connect with him on LinkedIn

Association of Builders and Contractors (ABC) Conference
March 24-28, 2019
Long Beach, California
Register: abcconvention.abc.org