UK could save £15 billion every year by lifting construction productivity

UK building sector could save a lot of money by boosting productivity, communication and implementing construction software

Copenhagen, Denmark - May 14, 2018 /MarketersMedia/ —

Last December, the UK government announced its new productivity programme which is expected to deliver savings of £15bn every year. The programme is called Transforming Infrastructure Performance (TIP). Its main objective is to boost construction productivity and revolutionise the UK building sector in terms of infrastructure investment.

Infrastructure investment refers both to social infrastructure (hospitals and schools) and economic infrastructure (energy networks and transport). The new £600bn infrastructure (public and private) investment pipeline is anticipated to optimise the construction process from start to finish.

By now, it becomes evident that digital technologies are already showing the way for a more efficient and collaborative building sector. That being said, digital adoption is a key factor for the future of the industry.

The journey for a more efficient and data-driven construction industry has just begun and despite the challenges that might appear along the way we enter an era of remarkable opportunities in construction technology. Construction technology can provide UK building sector with tremendous help when it comes to addressing and eventually solving its core issues.

GenieBelt can be a driver of change for UK construction and can contribute to increasing transparency and accountability in the building sector. Our software is founded on three strategic pillars that allow you take full control of your construction project. Empower collaboration between agents, detect where the problems are stemming from and use reliable data as the basis for your project decisions.

‘There is a real passion from the founders of GenieBelt to deliver improved margins through strong collaboration in the industry and by continuing the approach taken today in employing industry experienced personnel to take the next steps forward’, concludes Jason Ruddle UK Managing Director at GenieBelt.

GenieBelt - real-time construction management software with aim to help you build better. With HQ in Copenhagen (Denmark), GenieBelt has also offices in Lodz (Poland) and London (UK).

Contact Info:
Name: Andrii Gorokhovskyi
Organization: GenieBelt
Address: Vesterbrogade, 2B Copenhagen, 1620
Phone: +44 203 8684743

Source URL: https://marketersmedia.com/uk-could-save-15-billion-every-year-by-lifting-construction-productivity/307720

For more information, please visit https://geniebelt.com/

Source: MarketersMedia

Release ID: 307720