Effective management is the cornerstone of success in the realm of construction. From towering skyscrapers to intricate infrastructure projects, the landscape of construction management has evolved significantly, driven by technological advancements, changing market dynamics and the imperative for sustainability. In response, the construction management market in Canada is expected to reach $358.40 million by 2028, expanding at a CAGR of 0.91 percent.
Construction management’s market growth in Canada can be primarily attributed to the adoption of cutting-edge technologies like building information modelling (BIM), drone surveying, and advanced concrete formulations that are transforming the way foundations are designed, constructed, and monitored. From using recycled aggregates and low-carbon concrete to implementing energy-efficient construction methods, sustainability is becoming integral to the construction process.
Drawing attention to these latest industry developments, this edition of Construction Tech Review Canada showcases the critical advancements in the construction management market that focus on leveraging technology to enable greater precision, efficiency and sustainability for enhanced project outcomes and client satisfaction.
It features thought leadership articles from Frédéric Leclair, Senior Director, Drawing Services / Director, Drafting Services at Canam, who sheds light on digital processes and innovative technologies becoming increasingly prevalent in the construction industry. It also includes a perspective from Alex Zeines, Chief Technology Officer at JRM Construction Management. He explains how linking financial and project management data under one system helps in obtaining accurate risk and financial analysis with fewer resources.
The edition also showcases Statslog Software Corporation, a Canadian software development firm specializing in providing construction contract administration (CCA) software for architects, engineers, contractors, and interior designers. Its flagship product, FIVE, serves as a robust digital filing cabinet for architects, managing design and construction contracts while addressing legal intricacies and guarding against potential pitfalls from incomplete or outdated documentation.
In this edition featuring top construction management solutions providers in Canada 2024, we hope you find the right partner who contributes to shaping a built environment that is resilient, sustainable and responsive to the needs of future generations.