The architecture, engineering, construction, and operations (AECO) industry isn’t a stranger to change. Over the years, AECO has continually evolved and adopted new technology, from computer-aided design (CAD) to building information modeling (BIM) and connecting data in the cloud. Today, AECO faces both fresh and familiar challenges. Unprecedented demand is spurring the need for accelerated digitalization. The global population continues to rise, urbanization rapidly expands, and more sustainable buildings and infrastructure are paramount. Talent shortages and an increasing skills gap are everyday realities.
BIM has fundamentally transformed AECO—but it isn’t bulletproof. Data management continues to be a substantial stumbling block. There is an explosion of data throughout a project life cycle, but it is often siloed and slips through the cracks during the plan, design, build, and operate phases. AECO firms have a potential goldmine regarding contextual and project data. However, it is difficult to dive deeply into these insights, hindering growth and decision-making that can genuinely move the needle for more successful project outcomes.
