Business Value of BIM for Construction in Major Global Markets: CIB BIM Survey
With cooperation of selected CIB experts (International Council for Research and Innovation in Building and Construction) and with some involvement of CIB Members, McGraw Hill has conducted a worldwide survey into the use of BIM resulting in the Report “The Business Value of BIM for Construction in Major Global Markets”.
The Business Value of BIM for Construction in Major Global Markets SmartMarket Report reveals the value contractors find in their use of BIM in nine of the largest global construction markets: Australia/New Zealand, Brazil, Canada, France, Germany, Japan, South Korea, U.S. and U.K. It offers insights, both overall and by market, into the profile of contractors using BIM, the benefits and ROI derived from their BIM investments and the critical activities and practices for which they are using BIM. Specific snapshots of the contractor responses by region also provide additional understanding of the current use and future potential of BIM globally.
Findings show that contractors in nine of the world’s top construction markets using BIM report that building information modeling (BIM) helps them to improve productivity, efficiency, quality and safety on their projects, as well as their own competitiveness.
Other critical findings from the report include:
- BIM ROI increases directly with a contractor’s level of BIM engagement, represented by its BIM experience, skill level and commitment to doing a high percentage of its work in BIM.
- Over the next two years, contractors expect the percentage of their work that involves BIM to increase by 50% on average.
- Contractors in all markets are planning significant investments to expand their BIM programs over the next two years, including an increasing focus on internal and external collaborative procedures, as well as hardware and software upgrades.
A summary of the findings is available at the CIB web newsletter and the full report is available here.