Geospatial Media and Communications, an India-based market research firm, released a market report on August 2 about the state of geospatial and BIM use in the construction industry and linking it to the construction economy as a whole
Construction productivity in developed nations has stagnated over the past few decades and the proper implementation of building information modeling and geospatial technology on upcoming projects is the best method to solve stagnation, according to the report. BIM used through the full lifecycle of a construction project is an important way to cut down on the loss of data during transition from one stage of construction to the next, it states.