Geospatial + Building Information Modelling: Industry Trends & Prospects 2015

Construction Industry is often called the barometer of a country's progress. The importance of the industry's contribution in a nation's Gross Domestic Product (GDP) cannot be overstated. The report highlights the need for an integrated solution to support the anticipated growth in the industry by using Building Information Modelling (BIM) and geospatial technology to intelligently model construction project and urban infrastructure. The report highlights how 'Geospatial + Building Information Modelling', can be used in a combination to enhance productivity, efficiency, compliances and mechanisation in the Construction Industry.

Key Features

• Detailed interactions has been done with almost 125+ organizations worldwide to analyse the present level of awareness, applications and benefits
• The interviews and interactions were conducted from broad disciplines/background such as architects, developers, engineers, contractors, academia, etc.
• 50+ tables and figures in the report providing key statistics on the state of Geospatial technology in the Construction industry
• Key statistics on the usage of Geospatial industry, the challenges in adoption and future trends which can act as a valuable source of guidance and direction for companies and individuals interested in the market

Key Findings

• Developed countries have already begun adopting Geospatial technology and BIM together
• Architects and Engineers adopt BIM and Geospatial Technology as an integrated system with the organization's business process - integrating geospatial with architectural and engineering design
• BIM is seen as a way to get competitive advantage especially to young entrepreneurs and to existing businesses by providing consistent service to new clients
• 3D Visualization capability is the principal usage of Geospatial and BIM in the construction sector. The analysis and simulation capabilities made possible by the geospatial enable the production of a more well- reasoned design
• BIM + Geospatial is essentially a tool to bring efficiency by bringing about elements of transparency and increased visualization
• Majority of users recognized that error free design produces the highest rewards on a project which helps in ensuring reduction or elimination in conflicts during construction
• The companies which adopt Geospatial Technology in their early years exhibit better ROI than the organizations which take longer to adopt technology. Contractors generally reach positive ROI more quickly than design professionals