“While sectors such as retail and manufacturing have reinvented themselves, construction seems stuck in a time warp. Global labor-productivity growth in construction has averaged only 1 percent a year over the past two decades, compared with growth of 2.8 percent for the total world economy and 3.6 percent in manufacturing,” states a recent report by McKinsey & Co. “Construction lags significantly behind other sectors in its use of digital tools and is slow to adopt new materials, methods, and technology. Significant advances being deployed or prototyped today can transform the effectiveness and efficiency of construction in three areas: digital technologies, advanced materials, and construction automation,” continues the report. After years of similar discussion around construction sites getting smarter and a continuous stream of examples for all the connected technology that could boost productivity, we are not much closer to that goal than we were five years ago. In certain markets, including the UK and Germany, […]