Athird of the engineers surveyed in recent market research on building information modeling say they get a negative return on BIM investments; a fifth say they break even. The perceived return on investment for architects is better, with 19% saying they have a negative ROI and 23% saying they break even. BIM value for owners and contractors is perceived as much greater, at about 70% ROI. + Image Source: McGraw-Hill Construction “Engineers are the most pessimistic about the value of BIM, with 12% saying they see no meaningful value from it,” according to a market report, “The Business Value of
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.