Industry Insight: Implementing AI and technologies to reduce costs in construction

According to a recent report by Deloitte and software firm Autodesk, which looks into the adoption of digital technologies in the construction industry, construction and engineering in Asia Pacific accounted for 45% of the global industry in 2022, and is forecast to account for nearly half of the global industry by the end of the decade.Disruptive new technologies combined with a challenging business outlook have led construction and engineering leaders across Asia Pacific to seriously rethink their tools, workforce skill needs and how they interact with clients and contractors.How can technology help mitigate some of the challenges in this sector? Importantly, is the construction sector ready to adopt these new solutions? Sumit Oberoi, Senior Manager, Construction Strategy and Partnerships, Asia Pacific, Autodesk shares his insights.See omnystudio.com/listener for privacy information.