Study: BIM Offers Substantial Benefits for Construction Industry

Dodge Data & Analytics study examines how BIM and information mobility are transforming the construction industry

The BIM success factors section explores both the measurable benefits achieved from BIM and the factors considered most critical to help achieve those benefits. The benefits of BIM make it clear that it is a competitive advantage for companies that use it.
The BIM success factors section explores both the measurable benefits achieved from BIM and the factors considered most critical to help achieve those benefits. The benefits of BIM make it clear that it is a competitive advantage for companies that use it.

A new report, "SmartMarket Brief: BIM Advancements 01," from Dodge Data & Analytics in partnership with Bentley Systems is the first of a series that will examine how BIM and information mobility are transforming the construction industry, based on respondents from the largest architecture, engineering and contracting companies in the U.S. 

The study explores three discrete topics, with the overall theme of improving the industry through technology: BIM success factors, construction modeling and information mobility.

The BIM success factors section explores both the measurable benefits achieved from BIM and the factors considered most critical to help achieve those benefits. The benefits of BIM make it clear that it is a competitive advantage for companies that use it:

  • 48% see a 5% decrease or more in final construction cost because they use BIM 
  • Over half (51%) see the same level of reduction in their project schedules 
  • Nearly one third (31%) report seeing a 25% improvement in labor productivity  

The study also determined the factors that have the greatest impact on achieving that level of success with BIM, including BIM planning (creating a common methodology for use of BIM across the project team), platform compatibility and BIM-integrated meetings. "Time and again, our research has demonstrated that BIM is most valuable as a means to enhance collaboration," said Steve Jones, Senior Director of Industry Insights at Dodge Data & Analytics. "These findings demonstrate that you achieve the best results when BIM is at the heart of a transformed process built on sharing information, rather than simply the deployment of software."

The study also demonstrates that currently, construction modeling is under-utilized, with less than half (41%) of the respondents currently seeing construction modeling on their projects, but nearly three quarters (72%) of those who use it reporting its value. The findings reveal that general contractors do the majority of construction modeling, and the activities considered the most valuable are construction work packaging and sequencing and project site logistics.

However, modeling among the trades is still emerging, except for HVAC and structural contractors. The greatest areas of unmet demand according to the findings are for interior, building envelope and electrical trade contractors to engage in construction modeling.

However, BIM is not the sole technology advancing the construction industry. Seventy percent of the respondents currently use information/document management systems and online meetings, with over 80% expecting to use them in two years. The greatest increase in use is expected for cloud storage services, which jump from 56% who use them currently to 89% in two years. 

Contractors see the greatest benefit from these modes of enhancing information mobility, with nearly half (43%) reporting that they have experienced a very high degree of improvement in information mobility in the last two years, compared to 28% of architects and 37% of engineers. 

Among all of the survey respondents, 70% or more place a high importance on having improved devices for jobsites, more reliable and ubiquitous connectivity, more standardization and interoperability of data platforms, and greater ability to store and access project information in the cloud. "The findings make clear that all players see opportunities to improve their information mobility further," said Jones. "They indicate that the construction industry is still just beginning to see the full benefits offered by information mobility improvements."

Latest in Safety Equipment - Other
Page 1 of 23
Next Page

Create a free For Construction Pros account to continue reading