Organizations realize that location-based data and the ability to leverage this information within their core business is essential for them to stay competitive. This information is required not only to differentiate them from the competition but to be in a position to respond to market trends and demands. Knowing the impact of ‘where’ will be just as relevant to business strategy as knowing the business requirements for what a company offers.
The AEC industry is facing a great demand to build efficient and sustainable infrastructure due to population growth and urbanization. This is challenging as all of us to deliver more and better infrastructure with less resources. The AEC industry is embracing technologies that underpin a process our industry calls Building Information Modeling (BIM). The market demand and growth potential for a BIM-compliant process is tremendous.
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Autodesk is embracing this change throughout its portfolio of products. It has helped pioneer the process of BIM within the AEC community and is currently evangelizing the benefits of connecting BIM to the Cloud (Connected BIM) to facilitate real-time information sharing through a Common Desktop Environment. Autodesk is also working to bring the BIM data seamlessly together with location-based GIS data so that customers can take full advantage of the detailed asset information along with the complete understanding of how this asset connects to other assets and/or the local community.
Innovation and collaboration is the key
It is evident that the AEC industry cannot meet the rising demands for buildings and infrastructure using today’s technology and processes. Innovation is necessary. Next, the efforts made by the private sector must be substantiated with government initiatives. Governments must play a more active role in ensuring that BIM mandates and overall technology adoption mature. To be able to comply with these mandates and to deliver the efficient, high quality, and sustainable projects that all stakeholders demand, companies must be prepared to invest in technology and digitize the workplace. Things seem very optimistic regarding both the short-term and long-term growth potential for the AEC industry; however, to meet the rising demands, we need to continuously upgrade ourselves.
“AI, machine learning, predictive analytics and the Cloud are going to become more mainstream new ways of working. Privacy laws, data ownership, and monetization models will need to adjust to keep pace with 4IR.”
Everyone needs to adapt
Within the AEC industry, integration of BIM and GIS serves as a catalyst within the 4IR. Governments, citizens, and businesses will have to adapt to the vast amounts of accurate BIM and GIS data collected and distributed in real time. AI, machine learning, predictive analytics and the Cloud are going to become more mainstream new ways of working. Privacy laws, data ownership, and monetization models will need to adjust to keep pace with 4IR. Information, including geospatial data may take on many definitions pertaining to such parameters as static versus dynamic, useful lifespan, and fit-for-purpose to support varying levels of decision making. Collaboration and cooperation will be fundamental to the future success of companies offering data and services.
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