Construction Technology Report Reveals Interesting Insights

January 3, 2018
The 2017 Construction Technology Report by JBKnowledge

JBKnowledge released the year-end Construction Technology Report.  Sponsored by MCAA, the survey interviewed nearly 2,700 construction professionals across the industry to research technology, processes, spending and R&D. Not all of the reports’ findings were intuitive. While trends on BIM adaption and mobile devices continued to rise, the number of different applications contractors are using declined. The most surprising finding came from type of software contractors have recently replaced and implemented.

This year, the report specifically asked which workflow software contractors most recently implemented.  Nearly 26% of respondents indicated that they had most recently updated their accounting software.  Considering the impact on business and the intensity of the training, this is a very surprising result.  The report also indicates that part of the reason for the trend was the correlation to new ERP software, indicating that smaller companies maturing into ERP systems could have accounted for a portion of the results.

Two other trends that are important for our industry involved prefabrication and BIM.  The two concepts are intertwined as many MCAA members begin using BIM to improve their fabrication productivity and capabilities.  Prefabrication use has risen over 12% from 2016 (19.9% total in 2017) making it the second highest trend that all contractors are experimenting with.  For MCAA members interested in learning more about maximizing their fabrication operations, register for the 2017 Fabrication Conference on January 15.

In 2017, contractors are becoming more confident in maximizing their BIM capabilities.  More companies are reporting that they now have BIM/VDC departments of more than two people.  Kelly Doyle, JBK’s SVP of Consulting summarized it, “Based on the responses, the breakpoint for a full VDC team is about $20 million in total revenue.  This is similar to the breakpoint for IT departments as well.  Once contractors hit that revenue volume, their overhead has the capacity to add more full time staff to productivity improvements.”

A startling trend however is that even with the increased adaption to BIM, 28% of the respondents still said that they do not bid on BIM projects.  52% of respondents have some in-house BIM capability and roughly 20% simply outsource the process.

On January 30, James Benham, the CEO of JBKnowledge joined Sean McGuire to present a webinar to MCAA members of findings from the study.  Watch the webinar below:

Read the full report
Related Articles
The PCA's new Plumbing Service Conference is a great way to learn how contractors have added plumbing service operations. The conference is filling up fast, so register now!…
The PCA's new Plumbing Service Conference is a great way to learn how contractors have added plumbing service operations.…
Each week, MCAA will highlight one or more of the educational resources that are free to MCAA members as a benefit of membership. This week, we focus on MCAA’s 2021 3D Scanning Technology Research Report. The report assesses various laser, non-laser scanning and photogrammetric hardware and software tools used by mechanical contractors. MCAA members stand to benefit from these and other rapidly evolving technologies that can expedite work, increase precision and prevent mistakes.…
Each week, MCAA will highlight one or more of the educational resources that are free to MCAA members as a benefit of membership. This week, we focus on MCAA’s Cybersecurity Maturity Model Certification (CMMC) Overview. The United States Department of Defense has created the new CMMC standard that will soon be required for corporations and entities that want to bid as a contractor, or act as a subcontractor, for DoD projects. This whitepaper is designed to give electrical and mechanical contractor corporate leadership and their IT Directors an overview of the CMMC standard.…

They negotiated change orders, reviewed contract clauses, learned best practices for everything from precon to close-out and at the end, headed home as the first Institute for Project Management graduates of 2022. Congratulations IPM Classes 79 & 80!

Looking for the latest from @morrisgroupintl and @JonasSoftware? Find it in MCAA’s Virtual Trade Show!

https://www.mcaa.org/news/find-the-latest-from-morris-group-international-and-jonas-construction-software-in-mcaas-virtual-trade-show/?utm_source=Twitter&utm_medium=Social&utm_campaign=Promotion

Subscribe today for SDS Binderworks and make OSHA hazard communication compliance easy with MCAA member discount prices!

https://www.mcaa.org/wp-content/uploads/2021/01/SDS-BinderWorks-MCAA-Hand-Out_2021-compressed-compressed.pdf

Load More...