Top 5 Construction Technology Trends to Watch in 2021
The construction industry is not unfamiliar with disruption. In 2008, the Construction Engineering Index plunged 68 percent. Firms that survived the financial crisis that year faced severe margin pressure – dropping from 5 percent in 2007 to 1 percent by 2010. The industry had to act fast and looked for more innovative ways to cut costs and boost profitability. The industry had to act fast and looked for more innovative ways to cut costs and boost profitability.