Full digitization in the construction
sector, including 3D printing, enhanced reality technology and even
self-construction can save as much as $ 1.7 trillion worldwide in 10 years,
according to a new World Economic Forum report
The report, "Building Future:
Future Scenarios and Implications", is the first report to integrate the
study of new technologies and trends into three fixed scenarios for the future
of the global engineering and construction sector
Union Contractors, one of the world's
leading construction and construction companies, has been closely aligned with
the World Economic Forum and the Boston Consulting Group to serve the
initiative and contribute to the preparation of the report, which is the result
of a year-long collaboration with 30 leading engineering and construction
companies , The report highlights the fact that new digital technologies, such
as BIM building information modeling, 3D printing, wireless sensors and
self-equipment affect a range of sectors, including infrastructure and urban
development IU, Stakeholders ignore these fundamental changes
"Such digital technology
trends are very important for this sector to meet future global needs. The
three future scenarios we identified in the report are overpriced," said
Arif Baalwan, Business Information and Business Process Engineering Manager,
Contractors Union. It depicts how many of the major current trends can produce
different forms of the world of the future. Scenarios such as "building in
a virtual world "," factory that run the world" and "green
robots" are not designed to predict the future, Ready to emerging trends
According to the CEO of the
Contractors' Union, there is little doubt that the realistic version of our
future will include elements from all three scenarios identified in the report.
When it comes to technology specifically, a scenario like "building in a
virtual world" In which people deal with a virtual reality in all aspects
of life
Globally, this scenario is making great
progress in the field of robotics and artificial intelligence. Automation,
connected systems and cloud technology interfere with everyday life and all
kinds of industries. "The elements of this scenario are very likely to be
expected as new types of business are expected. More power, which will require
more residential and recreational facilities and mobility assets for passengers
"As a result, transformational
imperatives are critical to all parties in the construction and construction
sector to help them adapt to new realities. We must seize new opportunities and
adopt advanced technologies on a large scale, including initiatives such as
wireless devices, cloud technology and collaboration. In real time, scanning /
3D printing and enhanced reality visualization, we have seen how digital
technologies have been able to fully transform sectors in recent years from
social media to e-commerce and digital mobility companies, but recently Digital
technologies are beginning to emerge in the engineering and construction sector
where the future will be based on these technologies, and this report will help
companies in all aspects of this sector to prepare for them appropriately
The initiative aims to prepare for a
challenging but promising future while ensuring and promoting the welfare and
happiness of the community. The infrastructure and urban development sector
should therefore react quickly and take appropriate action to change the
conditions and opportunities for new businesses, ultimately leading to the
development of communities with sustainable assets. At affordable prices that
meet the world's human needs
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