Singapore leads in construction digital transformation: study

Five in 10 firms plan to increase investments in quantity surveying software. 

Singapore stands at the forefront of construction digitalisation, according to construction management software company PlanRadar.

The study found that 83% of ASEAN firms invest in project management software. Moreover, artificial intelligence (AI) emerged as a significant area of interest, indicating a push towards streamlined processes.

In Singapore, 59% of firms plan to increase investments in quantity surveying software. 

Despite benefits, cost remains a barrier, highlighting the need for affordable solutions and training.

The government’s decision to allocate an extra $1b in this year's budget to catalyse AI activities is a signal to all sectors to integrate technological advancements.

The Building and Construction Authority and the Ministry of Manpower also recently announced increased incentives for contractors adopting safe construction methods or utilising technology for enhanced risk monitoring and safety.

“We are looking forward to discovering how AI will transform the industry, bringing about benefits like improved decision-making, reduced timelines and enhanced collaboration,” said Vitaly Berezka, PlanRadar's Head of Sales.

“This transformation has ripple effects throughout the entire construction sector, leading to smarter, more sustainable projects,” he added.