target audience: TECH BUYER Publication date: Mar 2024 - Document type: Tech Buyer Survey Spotlight - Doc Document number: # US51953324
Construction Ecosystems Thrive with Shared Data and Insights
Content
- 2 slides
Get More
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.
Related Links
Abstract
This IDC Tech Buyer Survey Spotlight focuses on the importance of shared data and insights across architecture, engineering, and construction (AEC) ecosystems. A core of trusted data, shared often from hundreds of different contributors including architects, contractors, service providers, cost estimators, and engineers, must be in place to empower the increasingly digital construction ecosystem. This ensures that project plans are up to date, building and asset models are accessible and useful for all, and cost, time, and safety goals are consistently met.
In IDC's 2023 Future of Industry Ecosystems Global Survey (n = 1,288), fielded to CXOs, business-line executives, and IT leaders across 10 industries, shared data and insights is a primary initiative in the architecture, engineering, and construction industry as organizations try to stay on time and on budget to meet and exceed owners' expectations.
In IDC's Future of Industry Ecosystems practice, we focus on how partners work together across three key areas: shared data and insights, shared and codeveloped applications, and shared operations and expertise. Also important in our research is enabling blended physical and digital ways of delivering products and services to the end customer and collaborating with ecosystem partners such as through building information models (BIMs), digital twins, and industrial metaverse approaches. Each of these areas, in close concert with partners within and outside their industry, can contribute to improving the AEC organization's ability to be agile and innovative whether the current state is disruptive or opportunistic.