BIM is building information modeling that collects data about a project to enable collaborative working and interoperable software. BIM aims to prevent waste and help projects be completed on time and under budget. For companies to succeed with BIM, they need to get involved by learning about it, planning a strategy, reviewing their processes, defining what a successful BIM project looks like, and starting on a small trial project. BIM can improve business by opening new client streams, improving company image and competitiveness, driving down waste, and improving deliverables and repeat business rates.