In an environment of high interest rates, high prices of basic construction inputs and new demand needs, it is necessary for the construction industry to adopt more technological tools for the development of more sustainable and efficient projects, ecosystem specialists agreed. .

During the Tech Trends in Construction 2024 panel, organized by the Triarii Group firm, specialists highlighted that this industry is lagging behind in innovation; However, for this year there are areas of opportunity in areas such as productivity and efficiency, sustainability and infrastructure.

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"We are having a problem of shortage of qualified labor and this makes the construction process in any country difficult and obviously with what is happening, in terms of the recession we have with interest rates, commodities, steel, concrete, makes it quite complex to develop and build," said Andrés Leal, executive director of Triarii Group.

Leal referred to a study by the firm Autodesk, which details that in the coming years around 13,000 buildings must be built around the world, which represents a challenge for the construction industry, especially in Latin America.

In this scenario, Margarita de la Peña, Latin American director of the Zacua Ventures fund, indicated that, despite the importance of this industry, currently the startups in this ecosystem have not received the attention of capital funds like other emerging industries.

During his speech, Bernardo Gamboa, managing partner of the consulting firm Global Project Strategy, indicated that although the adoption of technology in construction is very low, this means a great opportunity to develop tools that help builders be more efficient. .

Check here: Solili Industrial Report 4Q 2023, national demand in 2023 contracted 20% compared to 2022

Thus, the branches of construction and the real estate sector where the most innovation will be seen during 2024, according to specialists, are mainly the management and operation of buildings, new financial models for the development of construction projects and applied artificial intelligence. to construction software.

Sustainability in construction projects and construction safety are also included.

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Original note