Construction & Civil Engineering Magazine Issue 214 - March 2024 | Page 19

______________________________________________________________________________ Construction management

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The UK construction industry is going through a period of rapid growth and transformation , accelerated in part by the onset of emerging technologies and new solutions that are bolstering efficiency and solving sectoral challenges . In 2022 , the UK construction market size was $ 473.5 billion , and the sector is expected to attain an average annual growth rate ( AGGR ) of more than one per cent between 2024 and 2027 . What this tells us is that adapting and embracing emerging technologies is critical to the long-term success of the sector and will play a key role in the UK ’ s economic growth . The boom in artificial intelligence ( AI ), immersive technologies and machine learning ( ML ) has already created a buzz amongst construction professionals . At Digital Catapult , we ’ ve identified a surge in interest about how these solutions could be integrated into construction companies ’ operations . On the BridgeAI programme for example , an Innovate UK national programme seeking to stimulate the adoption of AI and ML technologies in construction , creative industries , transport , and agriculture , we continue to interact with leading construction companies about the challenges they face . One thing is clear from these conversations , and it ’ s that UK construction companies should embrace technology , as its influence on construction management increases .

Effective project planning with predictive analytics
A growing trend in the construction industry is the use of AI and ML for project planning with predictive analytics . More construction companies are exploring how they might integrate this technology into their operations , as it proves to be a viable solution for
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