Tag: Shifts
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State of Construction Report Reveals How AI, Automation, and Workforce Shifts are Shaping the Industry
AI and automation are poised to significantly enhance productivity in construction, where 18% of project time is currently lost searching for data, and 28% is wasted due to rework, according to a Future State of Construction Report released by Procore Technologies, Inc. “The construction industry is at a turning point, and technology is the catalyst…
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Development Slowdown & Vacancy Shifts Reshape Sector 2025
Industrial development is settling into a more measured pace after years of rapid expansion, according to our latest industrial report. In 2024, construction starts dropped to 236 million square feet, a 35% decline from 2023 and over 60% from 2022. Vacancy rates are expected to stabilize before ticking down by mid-2025, while the development slowdown is likely to continue. …
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Rayotec Shifts Focus to Residential Electric Underfloor Heating
Rayotec, a leading UK company specialising in Electric underfloor heating, is happy to announce the recent expansion of its electric underfloor heating supply and installation service from the commercial to the residential markets. This will enable homeowners to enjoy professional-grade underfloor heating technology in the comfort of their homes. With a steadfast belief in the democratisation…