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Key Indicators, Innovations, Trends, and Main Factors Influencing Transformation of the Building Construction Industry in Russia

In: Digitalization of Society, Economics and Management

Author

Listed:
  • Anton Vasiliev

    (Russian Presidential Academy of National Economy and Public Administration Under the President of the Russian Federation)

  • Sergey Bruskin

    (HSE University)

Abstract

Construction is already one of the largest industry sectors which includes enterprises and organizations aimed at the production of finished construction products for various purposes (residential, industrial, cultural, domestic, and other purposes). Steady growth comes with some underlying challenges in productivity, profitability, performance, labor, rising cost of building materials, site safety issues, and an overwhelming number of technological solutions, digitalization, and sustainability which could derail the industry’s development. Companies must therefore address these challenges head-on and re-imagine their business processes.

Suggested Citation

  • Anton Vasiliev & Sergey Bruskin, 2022. "Key Indicators, Innovations, Trends, and Main Factors Influencing Transformation of the Building Construction Industry in Russia," Lecture Notes in Information Systems and Organization, in: Evgeny Zaramenskikh & Alena Fedorova (ed.), Digitalization of Society, Economics and Management, pages 15-28, Springer.
    • Handle: RePEc:spr:lnichp:978-3-030-94252-6_2
    DOI: 10.1007/978-3-030-94252-6_2
    as

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