The world is changing faster than ever before. Consider just one of the global megatrends shaking up the construction industry: the population of the world’s urban areas is increasing by 200,000 people per day, all of whom need affordable housing as well as social, transportation and utility infrastructure. In the face of such challenges, the industry is almost under a moral obligation to transform. Its transformation will have transformative effects elsewhere: on the wider society, by reducing construction costs; on the environment, by improving the use of scarce materials or by making buildings more eco-efficient over time; and on the economy, by narrowing the global infrastructure gap and boosting economic development in general. Construction is no longer simply about building unique structures and physical infrastructure. Fundamental shifts are happening that can push compagny to explore radically new ways of creating and capturing value The construction industry also has a heavy carbon footprint, accounting for some 40% of global emissions, and yet, as the world’s population grows, demand for housing and building is only soaring. Building and renovating better and sustainably to adapt to new lifestyles and provide more comfort. This is the challenge of a construction sector that has already begun its transformation.

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