FEBRUARY 2025CONSTRUCTIONTECHREVIEW.COM6Innovative technologies are reshaping the construction management industry, significantly enhancing project efficiency, accuracy and safety. As organizations embrace these advancements, they experience a transformation that leads to reduced costs and minimized risks, ultimately improving overall performance.According to reports, the global construction management market, valued at $9.67 billion in 2023, is expected to reach $20.67 billion by 2031, growing at a CAGR of 10.12 percent. Several key drivers are fueling this growth. The 3D laser scanner is an innovative technology that accurately scans and analyzes real-world objects for tasks like on-site surveying, mapping and project inspection. Its precision aids in construction planning, resulting in significant cost savings.Building information modeling (BIM) enhances the construction process through improved collaboration and resource management, addressing challenges like budget overruns and project delays. Advancements such as 5D BIM are touted for their ability to increase productivity and reduce project cycles.Self-healing concrete technology addresses structural deterioration and cracks by utilizing advanced technology to repair itself. As a promising innovation in the construction industry, it has the potential to enhance durability and reduce maintenance costs for buildings, roads and homes.This edition presents the latest developments in the construction management industry. It brings insights from Jeff Walter, Director, Digital Transformation, AECOM; Peter Wheatley, Director of Preconstruction, Metro-Can Construction; and Frédéric Leclair, Senior Director, Drawing Services / Director, Drafting Services,Canam. We hope this edition, featuring Top Construction Management Solutions Providers in 2024, empowers your organization to leverage innovative solutions for greater efficiency and success.Let us know your thoughts!Michael Rosario Managing Editoreditor@constructiontechreview.comSHAPING THE FUTURE OF CONSTRUCTION MANAGEMENTCopyright © 2025 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorMichael Rosario*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffVisualizersFEBRUARY - 2025, Vol 08 Issue 02 (ISSN 2832-4072) Published by ValleyMedia, Inc.To subscribe to Construction Tech ReviewVisit www.constructiontechreview.com Email:sales@constructiontechreview.comeditor@constructiontechreview.commarketing@constructiontechreview.com Robert Gray SmithEdwin PaulClara Mathew
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