The document discusses how digital transformation is occurring across industries like infrastructure, construction, and energy. It notes trends shaping capital projects like construction including digital collaboration, BIM, data-driven design, IoT, digital twins, and advanced analytics. The construction industry spends little on IT and has low productivity growth. Adopting digital tools could help cut costs by 13-21% and improve processes like clash detection, RFI handling, and asset management through integrated data and models. BIM adoption is rising but implementing new technologies requires a long-term focus on simplicity, measurement, security, and developing capabilities over time.
Related topics: