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Top Tech Trends To Boost Construction Productivity

Volvo identifies top tech trends to boost construction productivity

February 15, 2018
Volvo identifies top tech trends to boost construction productivity

Volvo took a hard look at the construction industry's productivity problem and found that despite the construction industry being one of the largest industry sectors in the world, its measured productivity grows just 1 percent each year. Compare that to the manufacturing sector's growth of 3.6 percent.

Volvo also found:

  • Seven percent of the world's working population are employed in construction
  • 57 percent of time on construction sites is spent on unproductive activities
  • Low productivity costs the construction industry $1.6 Trillion every year
     

The fix? Here are Volvo's Top Tech Trends to Boost Construction Productivity