Construction

One of the original giants, construction remains a colossal industry across the world. However, there has been limited evolution within the industry, and much of its processes remain highly manual. In today's world where technology has left an indelible mark on all industries, how can a traditionally labour-intensive market tap into the power of digital and step up to new challenges?

17T

Estimated value of the global
construction industry in 2017

24T

Projected value of the global
construction industry by 2022

2.9T

Projected value of the ASEAN
construction industry by 2022

POTENTIAL
OPPORTUNITIES

Addressing the following productivity problems can boost productivity by 50 to 60%.

Enhanced Surveyance & Geolocation

Tapping into the power of drones and unmanned-aerial-vehicle (UAV) technology to improve survey accurancy and speed and reduce discrepancies between actual ground conditions and survey estimates which can cause costly changes to project
scope and design.

1

Digital Collaboration
& Mobility

46% of the industry still relies heavily on
paper records. Increasing digitised records
will help in generating more data analytics
for more accurate assessments.

2

Next-Gen 5D Building
Information Modelling (BIM)

Project owners and contractors use different project management platforms which may not sync. It's time to improve communication about project scopes and progress amongst the different segments.

3

IoT and Advanced Analytics

Tapping into technology to enhacne sensors and wireless technologies to increase monitoring and tracking minute on-site changes that may affect overall project productivity.

4

'Future-Proof' Construction Materials

Traditional materials such as concrete, cement and asphalt are currently commonplace in the industry, however we need to look at materials with lower carbon footprints that are in line with 'green' and durability requirements.

5

APPLY NOW

Ready to take on the untapped potential of Construction?
Send in your proposal and stand a chance to become a B80P entrepreneur with up to SGD100,000 to kickstart your business!

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