Constructors must embrace technology to deliver full growth potential
Construction companies will fail to reach their growth potential unless they fully embrace cutting edge technology – but must reduce the risks that it brings.
The stark message was given to leading figures in the industry at a major construction event held in the Midlands.
The Wright Hassall Annual Construction Conference, held at the National Motorcycle Museum, discussed a range of issues relevant to the industry – with technology a recurring theme.
Philip Harris, partner at Leamington Spa law firm Wright Hassall, said: “It is clear that new technology can bring great benefits throughout the supply chain and that those businesses which embrace those advances will be the most profitable in the future.
“However, as well as traditional risks, new technology has brought new challenges such as potential data theft and firms must be vigilant as they push the boundaries to drive their growth.”
Steve Williams, partner at accountancy firm and event sponsor Moore Stephens, said advances in technology posed new risks to construction companies and that they should be ready to manage them in order to remain a trusted business.
James Willcox, principal sustainable development lead at Wilmott Dixon, highlighted how the national company’s long term aim is to be able to offer clients a guarantee of a building’s future running costs by using technology.
He said that improving software and technology could ultimately make all types of building much more sustainable.
Dean McArdle and Dwight Wilson, of Imtech Engineering Services, underlined how using cloud computing could improve the process of development by bringing the supply chain together in a virtual way.
“Once again, our construction conference was very well-attended by professionals right across the sector and it continues to grow both in size and influence,” added Mr Harris.
Sandeep Shingadia, head of programme development at Transport for West Midlands (TfWM), spoke to delegates on the need to improve the West Midlands’ 21st century transport infrastructure.
Barhale’s executive director, Andy Flowerday, discussed some of the techniques for road and rail tunnelling.
Terry Spall, commercial director at HORIBA MIRA, gave an update on the development of the technology park, while Philip Ball, of ESG UK, continued the theme of risk by offering an insight into the influences and impacts of construction risks.
Pictured from left: Philip Harris (Wright Hassall), Dwight Wilson (Imtech Engineering Services), James Wilcox (Wilmott Dixon), Dean McArdle (Imtech Engineering Services), Steve Williams (Moore Stephens).
