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Digitalization and digital transformation in construction – benefits and challenges

Author

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  • Silviya Parusheva

    (University of Economics - Varna)

Abstract

Digitalization is essential for the development of the construction sector with the opportunities it offers to change and optimize the construction business. Digitalization affects every stage and process, the whole value chain. As for a number of other industries, as well as in the construction sector, it provides a number of advantages and benefits, including: increased productivity; increased speed of construction and saving time in the implementation of construction projects, significantly higher quality of accompanying construction documenta-tion, etc. At the same time, there are some challenges related to the lag of digital transformation in construction, compared to other sectors, the presence of some specific technical challenges, different degree of application of new IT in small-er construction companies, which are often in the role of subcontractors and others. Despite the challenges, digital transformation has no alternative in view of the future upward development of the construction sector.

Suggested Citation

  • Silviya Parusheva, 2019. "Digitalization and digital transformation in construction – benefits and challenges," Conferences of the department Informatics, Publishing house Science and Economics Varna, issue 1, pages 126-134.
    • Handle: RePEc:vrn:katinf:y:2019:i:1:p:126-134
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    File URL: http://informatics.ue-varna.bg/conference19/Conf.proceedings_Informatics-50.years%20126-134.pdf
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    More about this item

    Keywords

    construction; digitalization; digital transformation; benefits; challenges; IoT; robots; 3D printing; RFID;
    All these keywords.

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

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