Every year, Unanet talks to many of the top minds from the worlds of architecture, engineering, or construction (AEC) about the state of their industries and how to better prepare for the challenges of the future.
We then compile this research into the AEC Inspire Report. It’s an easy-to-read guide full of valuable insights, actionable statistics, and detailed charts and graphs highlighting research findings that can help businesses better understand how to thrive in a competitive landscape.
I’m excited to share that the 2024 AEC Inspire Report is here. This year’s title is "Operating for Today, Preparing for Tomorrow." It’s packed with insights your AEC firm can take action on right now.
You’ll get maximum value by reading the entire report, but before you do, let’s take a look at some of the key highlights and themes from this year’s AEC Inspire Report.
The AEC Inspire Report is an in-depth exploration of industry insights, best practices, and benchmarks gathered from Unanet's comprehensive survey of hundreds of AEC industry leaders. It highlights key areas of opportunity as well as common challenges within the AEC industries – particularly related to forecasting, resourcing, and data maturity.
The report examines how the perspectives of key AEC firm decision-makers have evolved. It uncovers what key priorities are critical for top performers as well as which factors contribute the most to organizational progress. Additionally, it doesn’t call for a one-size-fits-all approach to running a project-based firm – it discusses how your experience may differ depending on segment sector and size.
This year's survey respondents comprised 337 senior-level professionals from AEC organizations, with:
This level of cross-industry representation means that no matter what your firm’s size or scope, you can stand to benefit from reviewing and apply this research to your firm.
The entire AEC Inspire Report is filled with useful information you can use to help guide your business, but at a high level, here’s a quick look at some of the overarching themes we identified:
The AEC industries are experiencing a pivotal shift towards embracing technological progress and data-centered strategies. Firms using advanced technology show greater resilience and are well-prepared for future obstacles to success.
Artificial Intelligence (AI) maturity and data proficiency serve as key measures of progress within AEC firms. A growing number of firms are adopting AI, emphasizing predictive, generative, and computational capabilities to help support their people and the way they do business.
The ability to look ahead is a key driver for firms that want to separate themselves from their competitors. Accurate forecasting related to cash flow, labor resources, and project cost is highlighted as a must.
Being able to measure your success has never been more critical. The study stresses key metrics related to project management, finance, and accounting, and discusses associated challenges like billing, collections, and profitability.
It isn’t getting any easier to find and hire talented performers. Recruitment, retention, and resourcing all represent primes issues contributing to escalating talent considerations across all AEC industries.
The more mature an AEC firm is from a technological standpoint, the better off it will be to navigate the challenges of the future. Tech maturity levels can significantly influence forecasting practices, technology adoption rates, and innovation strategies.
The report dives into a detailed analysis of multiple AEC sectors, and the unique challenges facing each. For example:
The findings above represent only surface-level insights. By reading the report in its entirety, you’ll gain access to so much more valuable information from AEC industry leaders – many of whom occupy a position as an industry leader that your firm may want to be in.
Discover what some of the top minds from the AEC industries think about positioning themselves for a more successful future.
You’ll learn what opportunities they foresee as well as challenges they view as the most important to overcome.
And you’ll read about what the best firms of all sizes are doing to build successful but sustainable project-based businesses.
There’s no reason to wait – the 2024 AEC Inspire Report is available now, and it’s free to read. Download your copy of the 2024 AEC Inspire Report: "Operating for Today, Preparing for Tomorrow” today.
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