William Boll wrote this post on Jan 8, 2021. It was updated on Oct 11, 2022.
The construction industry faces major pressure to change. Global urban populations are growing by 200,000 people per day, and those people need housing, transportation, utilities, and social infrastructure.
The article argues that construction has a moral obligation to transform. It says the sector must improve productivity, reduce costs, use materials more efficiently, and support economic development.
The post says innovation is now essential because globalization, disruptive technologies, new business models, and sustainability concerns are increasing pressure on the industry.
It also says innovation can help industrial economies gain long-term competitive advantage in a changing global economy.
The article recommends looking at construction through a human-need or end-use lens. It gives examples such as shelter, thermal comfort, nutrition, and mobility.
This approach is presented as a way to understand complete value chains and avoid narrow sector-focused thinking.
The post says Nvolve Technologies creates technologies and processes to help construction transition to a new global economy.
It lists these themes: