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3/25/24, 2:31 PM Managing technical risk in construction - Construction Week Online

Tech risk resilience and readiness varies across the industry and from country to
country. In our survey, 20% of UAE construction businesses described themselves as
“digital first” businesses, whereas only 2% of KSA businesses said the same. Things
appear to be changing fast, however. Some 47% of firms across the Middle East and
North Africa are currently using construction platforms — a figure that rises to 56% in
Saudi Arabia — and a little over a third (34%) of firms said they planned on introducing
them in the next 12 months.

Better planning for better profitability

Construction professionals recognise the competitive advantage and efficiencies that
flow from the efficient deployment of resources. Promoting a culture of efficient
deployment is one of the main levers to controlling costs (our Middle East and North
Africa survey respondents said budget control and commercial management would be
the top skill in demand in the coming year), building capacity and encouraging
innovation: for example, sharing plant and machinery efficiently between jobs or
experimenting with new construction methods.

Leaders say their greatest immediate challenges are collecting pricing quotes in a
centralised location, keeping up to date with construction technologies and
understanding what is happening in the business in real time, or as close to it as
possible. The latter point is a key challenge of construction businesses everywhere, not

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