Digital Technologies

The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction. According to World Bank forecasts, the global economy will shrink by 5.2% this year. That decline represents the deepest recession since the Second World War, the World Bank says in its […]

“While sectors such as retail and manufacturing have reinvented themselves, construction seems stuck in a time warp,” states a 2018 report by McKinsey & Co. that echos the voice of the whole industry over the last few decades. “Construction lags significantly behind other sectors in its use of digital tools and is slow to adopt […]

Too many modern buildings are born old. Planned with the smartest intentions but arrive obsolete on completion. This reality points to a problem-of-process that gives many buildings a handicap from birth, condemning them to a short life where they can never reach their potential value. If we are ever to realize our broad smart building […]

The COVID-19 pandemic has infected many vulnerable emerging markets with reduced revenue and increased uncertainty. As recession looms, crucial investment channels are drying up, seemingly creating a divide between those projects that are already underway and those that now face an uphill battle to secure the funding they require to get off the ground. This […]

“The adoption of digital technologies will change the face of cities as surely as any previous technology, whether the railway, the car or the skyscraper,” states a recent report from the Urban Land Institute (ULI). “However, rather than one huge ‘meteor strike’ impact, digital will create many individual heterogeneous changes, clustered into trends that, collectively, […]