Industry News

The construction industry is at a crossroads. While firms are eager to embrace the digital revolution, a new report from Wipfli reveals a stark reality: ambition is outpacing execution. The 2025 state of technology in construction report, based on a

The U.S. labor market continues to defy expectations, with recent data underscoring its resilience despite macroeconomic headwinds. The latest U.S. Initial Jobless Claims report—showing claims at 218,000, below the 224,000 forecast—reveals a labor ma

In the construction industry, where the only constant is change, recent years have served as a stark reminder of the need for resilience. From global pandemics to geopolitical tensions, extreme weather events to technological disruptions, the sector

The construction industry is no stranger to innovation, but the integration of the Internet of Things (IoT) into job sites is proving to be a game-changer. IoT technology is transforming how construction companies monitor environmental conditions, en

In the rapidly evolving construction industry, a notable trend is emerging: an increasing number of architecture, engineering, and construction firms are establishing technology-based subsidiaries or divisions. This shift extends beyond the conventio

The construction industry is on the cusp of a digital revolution, and the numbers tell a compelling story. The Construction 4.0 market, valued at USD 6.6 billion in 2025, is projected to soar to USD 25.6 billion by 2035, registering a compound annual

In the heart of Pennsylvania, a bold vision for the future of artificial intelligence is taking shape, and it’s being built brick by brick, server by server. The recent announcement of a $6-billion data center project in Lancaster, spearheaded by a j

Procore Technologies, Inc., a titan in the construction management software space with an $11.4 billion market cap, stands at a pivotal crossroads. The company’s recent financial performance and strategic shifts have sparked a lively debate among ana

In the quest for a low-carbon future, the construction industry stands at a crossroads. Prefabricated construction, once hailed as a panacea for reducing emissions and conserving energy, is now under scrutiny. Recent investigations reveal that its en

In a bold stride towards sustainable energy, Kyrgyzstan has inked a landmark investment agreement with RECA LLC—ROX ENERGY GLOBAL (Vietnam) to construct a massive solar power plant in the picturesque Issyk-Kul region. The project, with a planned capa