Pacific Builder & Engineer

Dedicated to the people who make our built environment better and safer. We tell your stories and celebrate your successes.

Register with us and receive industry news and content only available to subscribers.

Subscribe
Contacts

Indianapolis, IN, USA (HQ)

903 E. Ohio St., Indianapolis, IN 46202

Call: (317) 423-2325

info@acppubs.com

Overcoming Barriers to Growth Through Innovation

Columbia Business School and Trimble published new findings designed to help further innovation in construction, which includes a drive towards interoperability as it empowers stakeholders to more easily connect and share data across systems.
Columbia Business School and Trimble published new findings designed to help further innovation in construction, which includes a drive towards interoperability as it empowers stakeholders to more easily connect and share data across systems.
A report written by Columbia Business School with the support of Trimble outlines many of the challenges holding contractors back from becoming more innovative, including existing legacy assets and siloed data systems, which make innovations hard to scale.
A report written by Columbia Business School with the support of Trimble outlines many of the challenges holding contractors back from becoming more innovative, including existing legacy assets and siloed data systems, which make innovations hard to scale.
A new report published by Columbia Business School’s Center on Global Brand Leadership, with support from Trimble, reveals challenges to technology adoption in construction and outlines opportunities for growth and productivity gains through expanded innovation.

Titled “Innovation Growth in the Lynchpin Industries,” the report identifies barriers to the development and deployment of current and emerging construction technologies — ranging from cost and fear of change to an aging workforce, siloed data, and the uniqueness and complexity of construction projects.

The report presents techniques and best practices that can serve as a starting point to overcome strategic, tactical, or managerial roadblocks. Drivers for expanded technology adoption identified in the study include efficiency improvements, cost reductions, interoperability, sustainability advantages, and expanded capital investment in technology development.

The report highlights important economic and societal impacts of construction, along with transportation and agriculture — “lynchpin industries” that are crucial to our daily lives but face universal challenges that stifle their economic potential.

“Despite several specific hurdles outlined in the report, these lynchpin industries have become eager to embrace emerging technologies and innovation practices,” said the report’s author, Matthew Quint, Director of the Center on Global Brand Leadership at Columbia Business School. “This study outlines several techniques that can help them to break through the barriers they still face in making this transition.”

Doosan Infracore Portable Pwr
Your local Bobcat dealer
Pape Material Handling

Pete Large, Senior Vice President of Strategy for Trimble, added, “There is tremendous potential in these industries to improve operational performance through innovations that increase precision, drive efficiencies, and expand access to real-time insights across connected workflows.” 

The full report is available at trimble.com/en/our-company/resource-center/innovation-growth-in-the-lynchpin-industries.

Superior Industries
Your local Superior dealer
Westate Machinery Co
Superior Industries
Your local Superior dealer
Westate Machinery Co
Metso Minerals - Recycling Eq
Your local Metso Minerals Industries Inc dealer
Westate Machinery Co
PacWest Machinery