Currently Reading

McKinsey: When it comes to AI adoption, construction should look to other industries for lessons

BIM and Information Technology

McKinsey: When it comes to AI adoption, construction should look to other industries for lessons

According to a McKinsey & Company report, only the travel and tourism and professional services sectors have a lower percentage of firms adopting one or more AI technologies at scale or in a core part of their business.


By David Malone, Associate Editor | August 16, 2018
P+W utilization modeling

Courtesy Perkins+WIll

Tip of the spear. Cutting edge. Vanguard. These are not words anyone would associate with the construction industry. And when it comes to the nascent technology of artificial intelligence, the construction industry is right near the bottom for both current and future AI adoption.

According to a McKinsey & Company report, only the travel and tourism and professional services sectors have a lower percentage of firms adopting one or more AI technologies at scale or in a core part of their business. When it comes to the average estimated percentage change in AI spending over the next three years, it only gets worse for the construction industry: it’s dead last.

Being last isn’t always such a bad thing, however. Just like how the youngest child gets to watch their older siblings grow up and learn from their mistakes and capitalize on their successes, the construction industry can look at how other industries are leveraging AI, what works and what doesn’t, and take the fast-track to AI dominance.

The McKinsey report identified five current AI applications being used by other industries that could cause an immediate impact in the construction sector:

• Transportation route optimization algorithms for project planning optimization

• Pharmaceutical outcomes prediction for constructability issues

• Retail supply chain optimization for materials and inventory management

• Robotics for modular or prefabrication construction and 3D printing

• Healthcare image recognition for risk and safety management.

In each of these instances, the construction sector would benefit from the work other industries and sectors are putting in to develop the technology. All construction firms would have to do is swoop in and perfect the technology for their own purposes—easier said than done, but still a better option than starting from scratch.

Related Stories

AEC Tech | May 24, 2021

Digital twin’s value propositions for the built environment, explained

Ernst & Young’s white paper makes its cases for the technology’s myriad benefits.

AEC Tech | Mar 4, 2021

The Weekly show, March 4, 2021: Bringing AI to the masses, and Central Station Memphis hotel

This week on The Weekly show, BD+C editors speak with AEC industry leaders about the award-winning Central Station Memphis hotel reconstruction project, and how Autodesk aims to bring generative design and AI tools to the AEC masses.

AEC Tech | Jan 28, 2021

The Weekly show, Jan 28, 2021: Generative design tools for feasibility studies, and landscape design trends in the built environment

This week on The Weekly show, BD+C editors speak with AEC industry leaders from Studio-MLA and TestFit about landscape design trends in the built environment, and how AEC teams and real estate developers can improve real estate feasibility studies with real-time generative design.

AEC Tech | Nov 12, 2020

The Weekly show: Nvidia's Omniverse, AI for construction scheduling, COVID-19 signage

BD+C editors speak with experts from ALICE Technologies, Build Group, Hastings Architecture, Nvidia, and Woods Bagot on the November 12 episode of "The Weekly." The episode is available for viewing on demand.

Smart and Resilient Cities | Oct 26, 2020

World’s first smart building assessment and rating program released

The SPIRE Smart Building Program will help building owners and operators make better investment decisions, improve tenant satisfaction, and increase asset value.

BIM and Information Technology | Oct 8, 2020

4 challenges of realizing BIM's value for an owner

In recent years, we have found our consulting practice engaging more and more with owners that are questioning the value of BIM and how they can make use of potentially data-rich BIM assets.

AEC Tech | Feb 5, 2020

BIM London: A glimpse of BIM discussions across the pond

Digital twin, ISO standards, blockchain, and data were the hot topics at the recent The Digital World: BIM event.

Building Technology | Mar 6, 2019

Australia’s prefab construction sector is trying to break out from its 'getting there' stage

A paper by Deloitte looks back at an origin case study. But the country has yet to develop a fully formed industry.

BIM and Information Technology | Jan 18, 2019

BIM: Sharing is caring

Sharing of and reliance on BIM data is central to the idea that BIM will lead to a more efficient, more economical, and more collaborative construction process.

BIM and Information Technology | Jan 10, 2019

'BIM to AR' comes to the masses

Could new technology that simplifies the transfer of BIM models to augmented reality push AEC firms to go all in on extended reality?

More In Category





Magazine Subscription
Subscribe

Get our Newsletters

Each day, our editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Subscribe

Follow BD+C: