October 2023CONSTRUCTIONTECHREVIEW.COM6The construction industry is witnessing a silent revolution fundamentally transforming how we conceptualize, construct, and manage the world's built environment. The innovation pioneering this revolution is building information modeling (BIM), a conceptual shift that transcends the boundaries of traditional construction practices.According to Verified Market Research, the BIM Market is estimated at USD 6.08 billion in 2022 and is expected to reach USD 17.69 billion by 2030, increasing at a CAGR of 12.60 percent during the forecast period.The value of BIM radiates through every phase of a project's lifecycle. It provides an immersive canvas for architects to visualize their creations during design and planning. It also enables them to simulate the performance of a building under various conditions, optimizing its performance and resource utilization.BIM's significance doesn't wane once the structure rises from its digital cocoon. It evolves into an invaluable asset for facility management and maintenance. Building owners and managers have at their disposal a comprehensive digital dossier, a blueprint for ongoing operational excellence.The future of BIM holds more promise. With artificial intelligence and machine learning integration, BIM systems will become smarter and more predictive. Virtual Reality (VR) and Augmented Reality (AR) will enable stakeholders to immerse themselves in virtual building environments for better understanding and decision-making.This edition of Construction Tech Review Canada delivers a bird's-eye view of the recent developments in the BIM arena and insights into how organizations align with these trends and adopt new ways to shape the future of construction services.We have curated thought leadership articles from industry experts, including Nolan Porther, Integrated Digital Delivery GIS Manager at Aecon Group, and Jugal Makwana, Global Director - BIM/Digital Engineering at Royal HaskoningDHV.We also took a deep dive into the market trends to narrow down the list of companies delivering outstanding BIM services. Equipped with innovative technological capabilities, companies like MLC Digital Solutions, Geninfo Solutions, and GetReal help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of Construction Tech Review Canada featuring top BIM services and solutions providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.Let us know your thoughts! Michael Rosario Managing Editoreditor@constructiontechreview.comBUILDING THE PRESENT; CREATING THE FUTURECopyright © 2023 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 staffVisualizersAsher BlakeOctober - 10 - 2023, Vol 06 Issue 09 (ISSN 2832-4072) Published by ValleyMedia, Inc.To subscribe to Construction Tech ReviewVisit www.constructiontechreview.com Email:sales@constructiontechreview.comeditor@constructiontechreview.commarketing@constructiontechreview.com Ronald Donovan
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