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According to Autodesk's 'State of Digital Adoption in the Construction Industry 2024' report, Singapore construction companies are investing heavily in digital technologies, with AI seen as a critical growth driver. Despite using an average of five different technologies, local industry players plan to expand this to seven, more than any other country in the study. Key insights: - Companies are investing over 20% of their expenditure into digitalization efforts. - AI is viewed as essential, with 98% of companies considering it crucial for business growth. - Current AI adoption is at 30%, with 45% planning to adopt it in the future. - Top technologies include BIM, data analytics, construction management cloud software, and prefabrication. Discover how AI and digital technologies are transforming Singapore’s construction industry. Read the full report for detailed insights and future trends. #constructiontech #digitaltransformation #AI #Autodesk #constructionindustry

Autodesk : Singapore’s construction industry set to accelerate digital transformation with AI viewed as an essential growth driver - TNGlobal

Autodesk : Singapore’s construction industry set to accelerate digital transformation with AI viewed as an essential growth driver - TNGlobal

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