| |NOVEMBER 20236CIOReviewConstruction technology is crucial in shaping the construction industry's future. Advanced tools and machinery streamline various construction processes, reducing the time and cost required to complete projects. Sensors and IoT devices on construction sites collect valuable data that can be used for real-time monitoring, analytics, and informed decision-making. Cloud-based platforms and collaboration tools allow project stakeholders to share information and updates in real time, improving communication and coordination among team members.The global construction tech market is estimated to be $5,058.8 million in 2023 and is expected to reach $24,178.4 million by 2033 at a CAGR of 16.9 percent. Drones and autonomous equipment can perform high-risk tasks, keeping workers out of harm's way and boosting market growth. Robots are increasingly used for bricklaying, concrete pouring, and site inspection, improving efficiency and precision. AR and VR technologies are used for virtual walkthroughs, training, and simulations, allowing stakeholders to visualize and experience the project before it's built.This edition of CIOReview brings insights into the key developments in construction tech and how companies align with the latest trends for greater design flexibility and reduced construction costs.It features a thought leadership article from Michael Trenski, Director of Construction Technology at AMLI Development Company, who sheds light on how it is essential to transform the way a company does business and how it begins its journey as a digital construction company. It also features an article from Adam Krob, Director of Information Technology, Field Audit, and Process Improvement at Boh Bros. Construction.In this edition of CIOReview, we also highlight companies integrating the latest technologies to optimize project schedules, predict potential issues, and improve resource allocation.In this edition featuring the Most Promising Construction Tech Solutions Providers 2023, we hope you find the right partner to meet your business needs.Let us know your thoughts!EditorialRedefining Construction: Innovations Shaping the Industry's TomorrowCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com November - 13 - 2023, Vol 12, Issue - 117 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersDean WinchesterShirley FaithVisualizersSamaelJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsRussell Thomas
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