Why Connected Technology is the Future of Project Delivery
At eviFile we work closely with project managers and software providers across the built environment which gives us a clear view of the challenges clients face every day.
One theme that comes up again and again is that clients no longer want stand-alone tools, they expect their platforms to connect seamlessly, allowing information to flow without friction and ensure that safety and quality risks are not missed.
This shift is already reshaping the market. Between 2020 and 2022 50 billion dollars was invested in AEC technology which is an 85 percent increase compared to the previous three years (mckinsey.com). The connected construction site market is projected to grow by 11.2 percent annually through 2030 (cognitivemarketresearch.com) and the IoT in construction market is expected to nearly triple from 11.46 billion dollars in 2023 to 33 billion dollars by 2030 growing at 16.2 percent CAGR (grandviewresearch.com).
It is no surprise that engineering and construction firms are dedicating 39 percent of their operational budgets to digital tools (deloitte.com). Deloitte describes connected construction as an ecosystem where job sites machines and workers are linked together to improve safety and operational effectiveness.
At eviFile we see this every day. Project managers use our platform to capture defensible field data and quality assurance in real time. By the time handover comes everything is already documented which means projects close faster with fewer disputes and less stress with no missing compliance evidence.
For software vendors the opportunity is just as strong. Our API allows partners to integrate quickly so they can add powerful capabilities without heavy development. Many of our partners see new co-sell revenue opportunities within their first quarter of partnering with us which proves this is not just about technical alignment but about commercial impact. We can often get integrations live in days rather than months depending on appetite availability and the complexity of the project. The pace is up to you but we are ready to move as quickly as you need to capture new opportunities.
One theme that comes up again and again is that clients no longer want stand-alone tools, they expect their platforms to connect seamlessly, allowing information to flow without friction and ensure that safety and quality risks are not missed.
This shift is already reshaping the market. Between 2020 and 2022 50 billion dollars was invested in AEC technology which is an 85 percent increase compared to the previous three years (mckinsey.com). The connected construction site market is projected to grow by 11.2 percent annually through 2030 (cognitivemarketresearch.com) and the IoT in construction market is expected to nearly triple from 11.46 billion dollars in 2023 to 33 billion dollars by 2030 growing at 16.2 percent CAGR (grandviewresearch.com).
It is no surprise that engineering and construction firms are dedicating 39 percent of their operational budgets to digital tools (deloitte.com). Deloitte describes connected construction as an ecosystem where job sites machines and workers are linked together to improve safety and operational effectiveness.
At eviFile we see this every day. Project managers use our platform to capture defensible field data and quality assurance in real time. By the time handover comes everything is already documented which means projects close faster with fewer disputes and less stress with no missing compliance evidence.
For software vendors the opportunity is just as strong. Our API allows partners to integrate quickly so they can add powerful capabilities without heavy development. Many of our partners see new co-sell revenue opportunities within their first quarter of partnering with us which proves this is not just about technical alignment but about commercial impact. We can often get integrations live in days rather than months depending on appetite availability and the complexity of the project. The pace is up to you but we are ready to move as quickly as you need to capture new opportunities.
"Introducing this technology has brought benefits across the whole project supply chain, including stakeholders and regulators. We’ve seen a 30% reduction in site visits through real-time data capture and a 50% time saving in the completion of hand back files to the regulator."
Alana Davoren, Project Manager at Alstom
Embracing the Future of Health & Safety
The future belongs to connected ecosystems where health safety quality and compliance are built in rather than bolted on. Providers who act now will stand out and strengthen client relationships for years to come while also reaping the financial rewards associated with these partnerships.
If you are a project manager looking to streamline delivery, or a software vendor exploring partnership opportunities, we would love to speak with you. This month, our CRO, Nick Pilditch, is speaking exclusively with partners to explore immediate, profitable opportunities. We are already working with a select group of vendors and would like to include you in that discussion.
Using the calendar below, book a time that's convenient for you!
Using the calendar below, book a time that's convenient for you!
