Data-driven Decision-Making
May 11, 2023 by admin
The world produces more than 2.5 quintillion bytes of data each day. Quantitative data gives users greater flexibility in extracting valuable information. The biggest challenge in the construction industry is that numerous project-related factors are subjective and qualitative, which means they are hard to measure. Moreover, technological advancements from the past few years have overwhelmed the industry by generating a diverse amount data from various sources.
DATA COLLECTION AND ANALYSIS IS A NEVER-ENDING PROCESS, AND DATA-DRIVEN DESIGN AND CONSTRUCTION RELY ON CONSTANT TWEAKS AND IMPROVEMENTS. ACCORDING TO A SURVEY FROM THE NATIONAL BUILDING SPECIFICATION (NBS), 78% OF BUILDING COMPANIES SEE BIM AS THE FUTURE OF PROJECT INFORMATION.