Technology is disrupting the construction industry — are you prepared?
Gaining insights on how to stay ahead of key trends disrupting the construction industry will be the focus of this year’s CanaData, Canada’s construction forecasts conference, which will take place Oct.18 at the Globe & Mail Centre in Toronto.
“It’s really a continuation of last year,” said Alex Carrick, chief economist, CanaData and ConstructConnect. “Most of what we did last year was around hardware and software. What we’re trying to convey is that it’s not just about the obvious, that there are all kinds of other implications beyond the sorts of things we thought about last year and that would be in areas like supply chains, international supply chains, partnerships and opportunities in other countries.”
Opening remarks will be made by Mark Casaletto, president, ConstructConnect Canada, presenting the conference, and Gautam Lohia, co-founder, Apply.
Delegates wil learn how the digital revolution in construction will impact their economic forecast over the next decade during the economic outlook, forecast and conversation with Carrick, Peter Norman, vice-president and chief economist, Altus Group, Kruti Desai, national research insight manager of Data Solutions, Altus Group. Residential and commercial construction outlooks will also be discussed.
“The recovery and the expansion in the United States has been going on for more than 10 years now,” explained Carrick, who will be speaking on the topic at the conference. “It’s increasingly looking like this may be a turning point, there are all kinds of yellow caution flags about the U.S. economy. If the prospects for the U.S. economy go dim, that means there will be disturbances in the Canadian economy.”
In his address, Michael Hainsworth, executive producer of Futurithmic, co-host of the Geeks & Beats Podcast, former BNN Senior Anchor & CTV News Reporter, will discuss Disruption: Three Keys to Unlocking Industry 4.0.
KPMG’s Future-Ready Index, leaders and followers in the engineering and construction industry, Global Construction Survey 2019, will be discussed during a presentation by Gary Webster, national Canadian infrastructure practice leader and global head of capital projects leadership, KPMG. The index features an eight-question self-test entitled How future-ready is your organization?
“When we saw this, it seemed like a natural fit to be part of a conference dealing with technology,” said Carrick. “You can add up your score and see if your company is future-ready.”
A panel discussion billed How the Worlds of Design, Construction and Project Management Will Evolve Over the Next 5 Years, will round out the presentations for the day. In addition to Hainsworth and Webster, Kris Lengieza, director of business development, Procore Technologies, and Yuri Bartzis, BIM/VDC regional manager, Pomerleau, will take part in the discussion.
In order to make the event interactive, all presentations will be followed by a question and answer period. The conference also provides an opportunity to meet and exchange ideas with construction industry leaders and executives during breaks and a networking lunch, which concludes the conference.
Those in attendance include contractors and subcontractors, manufacturers, suppliers and distributors, consultants, architects, engineers, government officials, project owners, industry associations, financial professionals and software providers.
“The networking should be outstanding,” Carrick pointed out. “There will be more than 200 people in the room.”
Conference attendees will also get exclusive access to presentations as well as ongoing industry updates throughout the year.
For more information visit www.canadata.com.