COMMENTARY

Three Construction Game Changers

Huge tower blocks built in weeks under one roof, automated bridge building behemoths and bricklaying robots. No, it is not science fiction. These are all real solutions in doing business here and now. And soon there will be more. So what are the big trends in construction in Europe, the United States (US) and Asia, and how can we turn them from opportunities into business benefits?

According to the 11th Malaysia Plan, the construction sector is primed to grow by 10.3 per cent this year. The Malaysian construction sector will continue to benefit from the implementation of mega infrastructure projects and the rapid development of townships with the local economy growing by at least four per cent, as per a study by the Construction Industry Development Board (CIDB) Malaysia. “These predictions clearly indicate that construction companies need to scale up their operations to support the market growth,” attested Sridharan Arumugam, Vice President for IFS Southeast Asia. “Currently, many construction companies are stuck in the old-fashioned way of operating with spreadsheets and outdated systems. They need to act now to modernise operations with enterprise software that integrates all core business processes to run in an agile, timely and efficient manner to remain competitive.”

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