Predicting the future: Construction & Engineering trends

As the entire industry faces ongoing challenges such as increasing labor shortages and outdated business systems, all sectors are looking for ways to modernize and thrive.

We asked our IFS Construction and Engineering global industry directors share their insights and predictions for the future. Increasing business competitiveness, adopting an effective digital strategy, and exploring new revenue opportunities—these are all key drivers that will define 2024 for your industry.

Download our infographic to explore the year’s biggest trends:

• 30% of companies will deploy AI and Automation within the next 3 years.
• Companies will have >30% of their revenue coming from operational and maintenance services within 4 years.
• 90% of companies will simplify their business system landscape with cloud-based technology in the next 5 years.