Why construction inadvertently became the last frontier for tech disruption
One might assume that digital disruption has infiltrated all the industries today. But it turns out that construction has some serious catching up to do.
There is no shortage of business to be had. The construction industry, in fact, ranks as one of the fastest growing sectors globally. Statistics Canada reports investment in non-residential building construction totalled $14.1 billion the first quarter of 2018, up 3.1 per cent from the previous quarter. This was the fourth consecutive quarterly rise, leading to a 9.0 per cent year-over-year increase in construction investment. U.S. data shows similar growth rates.