Construction collaboration is crucial for the success of any project. The sharing of knowledge and information among project participants is one of the fundamental components of a successful working relationship with the goal of completing the project on time, within budget and in accordance with specifications.
Construction is one of the global economy’s largest industries. It employs over 7 percent of the world’s workforce and involves an annual expenditure of around $10 trillion on related goods and services, representing 13% of global GDP. However, the construction industry has lagged behind other industries in improving its productivity.
Building Information Modelling, commonly known as BIM, has taken off over the past few years as more building designers and construction project managers have come to recognise its benefits.
With the advancement in technology, construction businesses now have many software options to choose from. This post focuses on evaluating the pros and cons of construction contractors using Cloud-hosted, construction Software-as-a-Service (“SaaS”) solution as compared with on-premises (“On-premise”) custom-built solution.
