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The Adoption of Digital Twin Technology Comes with Cybersecurity Concerns 

Civil + Structural Engineer

Machine Learning Scientist, eSentire The global digital twin market is expected to grow to $110 billion by 2028 at a CAGR of nearly 61 percent, showing immense interest in this sector. From planning through construction to the operation of a building, there are enormous amounts of data created by multiple stakeholders.

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Uncover the Latest News on Worksports Solar Truck Covers, US Pilot Project, Construction Excavator, and Vessel Construction

Construction Daily News

Lastly, to build containerships in the US, HD Hyundai announced the start of a strategic shipbuilding partnership with Tampa Ship, a significant US shipyard that is part of the Edison Chouest Offshore (ECO) family of businesses. Due to rising operating costs, the company lost money despite growth. Meanwhile, Worksport Ltd.

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Helping buildings weather the (economic) storm

Construction Specifier

The word ‘resiliency’ is often used in discussions related to preparing for or dealing with the after-effects of a hurricane or a flood, but it is an important consideration when managing various other types of disasters, too. Making the case for a digital building. All images courtesy Schneider Electric. by Jeremy McCullough.

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2024 Construction Trends: 30+ Experts Share Insight

Autodesk Construction Cloud

But amidst these challenges, construction pros remained as resilient and innovative as ever. We adopted new technologies, embraced sustainable building practices, and were more vocal about the benefits of working in the AEC field. CAGR from 2023 to 2028. And things continue to look up: Data from Deloitte shows a 7.4%

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Technology Trends Maximizing Construction Efficiency in 2024

Construction Daily News

Design-build firms and subcontractors know too well how expensive it is to miscalculate costs, miss design flaws, hire incompetent workers and waste materials. Civil and construction industry observers estimate the CAD market will grow at a CAGR of 6.78% from 2023 to 2028. Undervaluing quality control. to be worth $40.91

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Discover the Latest News on Party Promise for UK Construction, Shinfield Studios Work Completed, and Green Colar Worker

UK Construction Blog

Meanwhile, the largest new film and television studio in the United Kingdom, Shinfield Studios, has finished building. Lastly, insulation experts and solar and heat pump installers in London now make an average of £70 per hour, according to a recent analysis by cost consultant Turner & Townsend.

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Discover the Latest News on the US Department of Labor and McCarthy Building Companies, Buy America Can Speed Up Building for a Price, and How Can Construction Face Escalating Storm Damage

Construction Daily News

Louis, the United States Department of Labor and McCarthy building companies have signed an alliance to address worker dangers. Meanwhile, the use of Buy America provisions can save the amount of time it takes to complete building projects , but this comes at a cost. Louis’ BJC campus revitalization project.