As the industry faces constant challenges like labor shortages and low project margins, they are embracing digital technologies like AI to automate and optimize their operations and cloud-based solutions to simplify systems fragmented computers. To add predictable and recurring revenue streams, companies are starting to offer operations and maintenance services.
All these changes are driven by the need of construction and engineering companies to make their business more sustainable in the long term. Download our e-book for practical tips to make 2024 the year of change for your business.
Get your copy now to explore these trends in more detail:
- 30% of companies will deploy AI and automation in the next 3 years.
- Companies will have more than 30% of their income from operational and maintenance services within 4 years.
- 90% of companies will simplify their business system landscape with cloud-based technology in the next 5 years.
