Page 7 - Report- Procure 2020 FMi INDUSTRY
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2020 FMI INDUSTRY REPORT
How the Industry Is Leveraging Construction Technology
TYPES OF SOFTWARE
PROGRAMS FIRMS ARE USING:
Project financials: 68%
Project management: 58%
Safety/risk management: 55%
Equipment management: 48%
Field/labor management: 47%
Most firms are using construction software to help maintain a safe jobsite: 51.4%.
But less than half are leveraging technology to address their other top priority concerns:
51.4% Maintaining a safe jobsite
25.6% Attracting and retaining skilled labor
40.5% Maximizing field productivity
20% 30% 40% 50%
HALF-WAY POINT
These lower percentages reveal gaps in the way technology is being used, and highlight prime
opportunities to add market value. Firms that leverage advanced technology to plan and execute work
more efficiently—and to better attract and retain a diminishing pool of skilled labor—will be better
positioned to keep up with the pace and complexity of today’s built environment.
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