Singapore Philippines Digital Transformation Construction

Procore’s research finds Philippines frontrunner on digital maturity curve with above average adoption rates: IoT (47%) drones (43%) telematics/asset-tracking (42%) big data analytics (41%). Filipino construction decision makers expect technologies to drive change next three years: digital project management platforms (48%) big data analytics and pre-fabrication (46% each) telematics/asset-tracking (40%) traditional BIM (40%). Top technologies Philippines planning to introduce within next three years: next generation BIM (65%) pre-fabrication (63%) robotics (61%). More than half display strong intentions introduce cutting edge technologies: artificial intelligence and machine learning (59%) extended reality (58%) big data analytics (55%). Philippines construction industry continues face significant headwinds top challenges: increasing cost raw materials equipment (58%) maintaining safe working environments (44%) increasing productivity (40%). Almost all (98%) respondents express confidence about industry conditions over next 12 months with overwhelming majority expecting increase in number (80%) or value (75%) of projects over same timeframe. Philippines market most optimistic about future