The Top 4 Construction Buzzwords for 2023
Date Posted: March 28, 2023
Posted In: Environment/Sustainability, News,
From Construction Dive: What is the next big thing in construction? What do precon teams need to be preparing for? Although inflation, material costs, supplies and the labor shortages are still predicted to be a big problem for contractors in 2023, there is light at the end of the tunnel. According to all the industry reports released so far this year, there are quite a few trends in the construction industry to look forward to.
The following four words are ones you should familiarize yourself with if you want to stay on top of your game in 2023:
- Digitization
- CHIPS Act
- Sustainability
- Diversified workforce
Digitization
What is digitization? Digitization is the process of transferring information to a computer so the computer can store, process and recall it. In business, digitization means using technology, like computers and other digital technologies to change a process or processes to increase your efficiency and revenue.