Shaping the Future of Construction: Inspiring Innovators Redefine the Industry

World Economic Forum
2017

This report is the second publication of the multi-year Future of Construction project, guiding and supporting the Engineering and Construction industry in its current (digital) transformation. The first report, Shaping the Future of Construction: A Breakthrough in Mindset and Technology, was launched in May 2016. It described the state of the industry, assessed relevant global trends and their impact on the industry, called for action at corporate, industry and government levels and outlined a comprehensive industry-transformation framework with over 30 measures and best practices. A key finding is that many innovations have emerged but have not yet been broadly adopted.

The second report looks at possible remedies, drawing key lessons and policy recommendations from leading innovators and disruptors, with a focus on fostering wider adoption of innovation. By describing how flagship projects have implemented innovations, it showcases the transformative potential of innovations. This report showcases and analyses 10 Lighthouse innovation cases – prominent flagship projects as well as start-ups and pilot projects – that demonstrate the potential of innovation in construction and give a glimpse of the industry’s future. Their stories not only serve as an inspiration but also describe vividly the typical challenges that innovators face, and show how to engage and overcome those challenges.

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