Manufacturing and Construction

The construction and manufacturing sectors continue to achieve superior capabilities through the adoption of innovative technologies that simplify sophisticated and labour-intensive tasks. Subsequently, companies catering to these two sectors have been able to deliver and support complex, critical, high-cost projects efficiently through adoption various technological and automated solutions. Numerous technological ad The construction and manufacturing sectors continue to achieve superior capabilities through the adoption of innovative technologies that simplify sophisticated and labour-intensive tasks. Subsequently, companies catering to these two sectors have been able to deliver and support complex, critical, high-cost projects efficiently through adoption various technological and automated solutions. Numerous technological advancements have boosted the overall business offerings of the companies catering to the construction and manufacturing sectors in the past decade.

Construction
The construction industry continues to provide prime growth opportunities to several companies, especially across emerging economies in Asia and Africa. Factors such as significant investments in urban development and infrastructure projects from numerous end-users throughout commercial, residential and industrial verticals have powered the growth of construction industry globally. Developed regions such as North America and Europe are witnessing traction toward sustainable practices and materials being utilized in residential and non-residential construction projects. Moreover, considerably steady positive demand for maintenance, modernization, and renovation of existing infrastructure is anticipated to contribute significantly to the growth of the construction industry, especially in developed regions.

Presently, a notable number of construction companies are adopting innovative approaches for the management and execution of mega construction projects. The frequent introduction of innovative technologies and superior systems has led stakeholders toward improved overall operational efficiencies of large construction projects and escalated return on investments (ROIs).

Manufacturing
The manufacturing sector continues to serve as one of the fundamental pillars boosting economies in various countries. In the last decade, the adoption of several innovative approaches revolutionized this sector. Despite negative impacts of various global economic and financial events, technological advancements such as the Industrial Internet of Things (IIoT), analytics, and automation have led the manufacturing sector toward revolutionary transformation, especially across developed and developing. Moreover, the swift upgrading of capabilities of industrial machinery, systems, and equipment has led to improvements in workplace conditions. Government and regulatory bodies continuously focus on introducing improved policies, guidelines, and standards for workers; they encourage employers to adopt safety standards and automation, among others, for the same.

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