UK Government & the construction industry announced a deal worth £ 420M to transform productivity in the sector. Deemed a "Revolution", one objective is to draw benefits from Digitisation by reducing new build delivery times by 50%.
Only an effective Innovation Management platform can provide data-driven insight to make the right investment and technology choices to make this initiative successful.
Without a commercialised view of the technology deployment, a sector that has been a laggard when it comes to technology use is in danger of underutilising the funds allocated.
Government and industry have jointly launched a Construction Sector Deal worth £420m to transform productivity in the sector. The deal aims to bring a “bytes and mortar revolution” to construction through digital building design and manufacturing technologies, which the government said would cut the time taken to deliver new-builds by 50%.