Industry Intelligence Factoid
McGraw-Hill Construction

Did you know that a major trend in today’s construction industry is the move toward the seamless exchange and management of electronic information?

Interoperability, the ability to manage and communicate electronic product and project data among collaborating firms is one of the trends that will affect the construction industry significantly in coming years.

According to the National Institute of Standards and Technology, the lack of interoperability costs the construction industry approximately $15.8 billion every year.

For more information on this and other construction industry key trends as outlined by McGraw-Hill Construction, check out the SmartMarket Report Key Trends in the Construction Industry 2006, available at http://construction.ecnext.com/coms2/analytics_smps. 

As a member of SMPS, you receive a 25% discount on all McGraw-Hill analytics reports. Simply enter the code SMPS25A at checkout. [ return to top ]