global construction survey | 2016
TRANSCRIPT
Global Construction Survey 2016
kpmg.com/gcs
—
#construction
Building a technology advantage
The scale, ambition and complexity
of many of today’s engineering and
construction challenges are little
short of breathtaking
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
Buildings are getting taller, our
search for natural resources is
taking us deeper, bridges are
spanning longer
Construction is becoming
greener and more sustainable…
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
Owners are expecting more with less…and contractors are striving to deliver
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
You would expect technology
could help the industry realize
these goals, by enabling enhanced
design, planning and construction
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
…but the sector is struggling
to reap the full benefits from
advanced technology and
innovation
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
For the first time, we’ve jointly
surveyed project owners and
engineering and construction
companies on a number of
pressing issues in the sector
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
Here is a snapshot of what they’re telling us…
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
The industry is yet to fully embrace technology
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
8% of respondents
Despite a rise in project complexity and
associated risks, a mere
can be deemed as
‘cutting-edge visionaries’33% 8%
24%
36%
Cutting-edge visionary
Industry leader
Industry following
Behind the curve
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
The industry is yet to fully embrace technology
Data volume is rising – but many struggle to
make sense of the insights
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
Only 28% are using advanced data analytics for measuring project performance
28%
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
The industry is yet to fully embrace technology
Data volume is rising – but many struggle to
make sense of the insights
Integrated, real-time project reporting is still a
dream vs reality
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
Most executives say their
organizations are held back by manual
processes and multiple system…
Just one-fifth have a single, fully
integrated Project Management
Information Systems (PMIS) across
the enterprise
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
The industry is yet to fully embrace technology
Data volume is rising – but many struggle to
make sense of the insights
Integrated, real-time project reporting is still a
dream vs reality
There’s more to come from mobile
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
Although mobile technology has huge
potential for construction projects, less
than one-third of respondents say their
organizations use it routinely
…and a similar proportion have no
mobile platforms
30%
The industry is yet to fully embrace technology
Data volume is rising – but many struggle to
make sense of the insights
Integrated, real-time project reporting is still a
dream vs reality
There’s more to come from mobile
There is still room for improvement in
management basics
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality
Just 27% say their companies have truly consistent controls globally
A lack of consistency is part of the problem...
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
27%
Recap
© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client
services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/gcs / #construction
The industry is yet to fully embrace technology
Data volume is rising – but many struggle to
make sense of the insights
Integrated, real-time project reporting is still a
dream vs reality
There’s more to come from mobile
There is still room for improvement in
management basics
