Editorial: Special Issue - Economics in Digital Construction
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Abstract
Welcome to this special issue of our CEB journal, dedicated to exploring the multifaceted economic dimensions of digital construction within the Architecture, Engineering, Construction, and Operation (AECO) sector. As digital technologies increasingly spread throughout this sector, they bring about transformative impacts not only on how projects are designed and managed but also on the broader economic landscape. The rapid adoption of technologies like Building Information Modelling (BIM) and digital asset management systems has set a new paradigm in project efficiency and data utilisation. These advancements promise substantial economic benefits, ranging from increased productivity to enhanced decision-making capabilities, which, in turn, can spur significant growth in the broader economy. However, efficient and fair distribution and diffusion of these benefits in society is not always given, as stronger economies can more efficiently utilise the benefits of Digital Construction compared to weaker economies. Consequently, there is a need signaled for structural reforms in the latter, to improve the rate of integration of digitalisation in the construction sector (Kapogiannis, et al., 2023). Climate change is also a factor that now poses challenges for the construction sector, with digitalisation a key element able to address these challenges.
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