SmartWerke - AEC industry - disrupt or be disrupted!
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The world economy has changed from a capital based economy to a globalized knowledge-based economy. ...
The world economy has changed from a capital based economy to a globalized knowledge-based economy.
This has placed a higher premium on: Creativity & Innovation, requiring a transformational change in every industry.
In this globalized knowledge economy business disruption - it’s the new normal which was rare a decade ago – an exception. It is now a reality – faced on a regular basis
Major cause of disruption is rapid advancement of technology & globalization allowing new business models to be introduced at an ever-increasing rate & with rapidly declining costs.
The AEC is ripe for disruption as four decades of international Architectural, Engineering, and Contractor (AEC) industry publications reinforce poor communication and information transmission; coordination; and teamwork issues, are the cause of countless performance problems on numerous AEC project.
The AEC will disrupt by creating value proposition by connecting the criteria of the Business of the Knowledge Economy with the Business of the AEC Industry bringing it in line with their client’s ability to: disrupt and re-invent themselves; Implement rapid advancement of technology & globalization and allow new business models to be introduced at an ever-increasing rate & with rapidly declining costs, thus, increasing their ability to: Out-Execute & Out-Innovate.
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