Intelligent CIO Europe Issue 72 | Page 46

CIO OPINION
A construction management platform like Procore connects everyone in one place . It follows the new and ever-changing dynamics of projects , making the right data available to the right people at the right time .
Brandon Oliveri-O ’ Connor , Head of Region , EMEA at Procore Technologies

The future of the construction industry in 2024 and beyond

BIM and GIS integration have significantly influenced the face of the construction industry . From being quick to embrace technology , adapting to changing times and investing in digitalisation , supply chain control and safety technology , tasks need to be approached differently . Brandon Oliveri-O ’ Connor , Head of Region , EMEA at Procore Technologies , details the primary challenges the construction industry is facing , common risks and innovation opportunities that help companies achieve success in this evolving landscape .

wWhat are some primary challenges confronting the construction industry ?

There is a high level of uncertainty around world events , supply chain issues , inflation volatility and growing labour shortages . This leaves many construction businesses vulnerable to factors outside their control and makes it harder to deliver the results they want . Complicating matters is the growing pressure to deliver on ambitious sustainability goals set by the government . The UK ’ s built environment is responsible for approximately 25 % of total UK greenhouse gas emissions . It is a sector key to the
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UK ’ s path to net zero . We , as an industry , need to step up our efforts if targets are to be met .
What are the effects of poor management and construction planning and how does it affect cost overruns and safety hazards within a project ?
Construction is a complex business with hundreds of interconnected decisions impacting its output . One of the major issues that holds the sector back is outdated information – people at any level could be making their decisions based on outdated information . For example ,
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