SHS Web of Conf.
Volume 44, 2018IV International Scientific Conference “The Convergence of Digital and Physical Worlds: Technological, Economic and Social Challenges” (CC-TESC2018)
|Number of page(s)||9|
|Published online||05 June 2018|
Information technologies and construction sector: Why construction loses competition for innovations to other industries?
Saint Petersburg State University of Architecture and Civil Engineering, Faculty of economics and management, 190005 2nd Krasnoarmeiskaya st. 4, Russian Federation
* Corresponding author: email@example.com
Over the last 10 years investments into innovation made at the beginning of 2000s resulted in significant growth not only in separate industries but in global economy as a whole. The development of digital technologies significantly reduced the costs of advance technologies, which made them affordable to a wide range of consumers. Using new tools and methods for interaction of social and economic subjects became a real accelerator of rapid growth for some industries such as media, information and communication technologies or finances. However, no significant innovative changes occur in the construction sector despite a generally acknowledged important role in the economy of both separate countries and in global economic processes. The article considers the factors that have an effect on the digital transformation of construction industry, the peculiarities and problems of this process.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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