PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1926501
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1926501
Future Growth Potential Enhanced by a Culture of Innovation as a Catalyst for Digital Transformation
Digital transformation in the building materials industry involves integrating digital technologies and data-driven processes across every facet of a company's operations, including supply chain management, design, production, sourcing, and customer interactions. The goals are to increase productivity, sustainability, and safety, improve efficiency, and facilitate better stakeholder engagement, while providing cutting-edge digital goods and services. By using automation, real-time data analytics, and collaborative digital platforms, traditional procedures can be reorganized to maximize efficiency and reduce costs. Ultimately, technology adoption aims to boost operational resilience, strategic competitive advantage, and environmental and market responsiveness.
While numerous opportunities exist for solution providers across the extensive landscape of construction materials manufacturers, only a few embrace digital transformation to generate new revenue streams. Most mainly utilize digital tools to gain some level of efficiency. The analysis of digital transformation in construction materials companies seeks to address the following critical questions: A. How do construction materials companies implement technologies? B. What opportunities do they seek, and what are the other opportunities for the rest of the value chain?
The report targets: A. Construction materials companies looking to stay abreast of competitors' activities B. IT providers aiming to understand the unique opportunities within construction materials manufacturers