The Future is Digital
VG SAKTHIKUMAR explains how new-age technologies can facilitate the growth of the construction equipment industry.
In recent research by McKinsey, the construction industry was compared to key industries, most of whom are already on track when it comes to AI adoption.
While all of them are projected to increase spending on new-age technologies at a faster pace over the next three years, adoption of AI solutions remains quite low in the construction industry. While others have taken the first steps in benefitting from digitisation and using it as a competitive advantage, that is not the case with the construction sector. Thus, providing advanced technologies through construction equipment has the poten