We scour the web for the most impactful construction management news, whether it be on technological developments or vital industry trends. Here are four of the top news items affecting the construction industry right now, and what they mean for your construction firm.
Week of December 9, 2019
Construction spending lowest in three years, Autodesk’s BIM 360 to optimize preconstruction route, and more construction news
Virgin Hyperloop One plans to adopt Autodesk BIM 360
Virgin Hyperloop One (an American transportation technology company) has announced that it will use Autodesk’s BIM 360 solution for optimizing its transportation route planning and digital engineering and workflows. The BIM 360 tool will help the company plan complete projects, right from designing to maintenance, digitally before actually commencing construction. [Read more]
ZTERS and PlanGrid come together to provide one-step service rentals to construction sites
Rental service provider ZTERS has announced integrating its services with construction management solution PlanGrid to allow users such as contractors and construction managers rent temporary worksite solutions. The news is a striking example of how construction software vendors are diversifying their integration portfolios by including service companies and not just third-party software integrations such as with an accounting or a CRM tool. [Read more]
US construction spending lowest in three years
A report by the Commerce Department has revealed an investment drop of 0.8% (for the month of October) in US construction spending. What’s worrying is that the news goes against the prediction of economists who expected a positive scenario of 0.4% rise in construction spending for the month. The decrease in private construction spending is cited as the key reason behind the unexpected slump. [Read more]
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