Charles Russell Speechlys to be Legal Partner for FT's first construction sector summit on disruptive innovation and better collaboration
Following on from our recent New Real report on smart buildings, and our own "Reimagining Construction in the age of Smart" event last month, we are pleased to confirm that Charles Russell Speechlys is the Financial Times' Legal Partner for their construction sector summit on Thursday 18 May. The FT’s Future of Construction Summit will examine how productivity in the construction sector is being impacted by disruptive innovation and better collaboration; all themes that align well with our expertise in these areas.
David Savage will be participating in the ‘Futurecast’ panel and will focus on issues such as:
- How is drone technology and laser scanning changing the design and building process?
- Will additive manufacturing, automation and robotics become essential tools to improve construction efficiency?
- In which ways can BIM be used on site in order to accelerate delivery and reduce costs?
- To what degree will Augmented Reality and wearable technology change the way architects and engineers work?
- How will the increasing use of off-site modularisation and prefabrication of buildings affect the way a traditional construction site operates?
- What are the legal and regulatory challenges these technology and process changes may give rise to?
You can access the full agenda for the day here.
The summit is bringing together two hundred CEO and Director level representatives of developers, planners, architects, engineers, contractors, and material and solution providers. A significant number of the firm’s clients were already involved in this event, as well as many other senior opinion formers in UK contracting.
Technological innovation is at the core of the most radical change the construction industry has been experiencing in decades, impacting the way all its stakeholders operate and perform and, as a consequence, increase profitability. Disruptive technologies and digital transformation are set to break through the low efficiency and productivity levels in construction. Traditionally lagging behind in embracing innovation, developments such as BIM, additive manufacturing, robotics and augmented reality, are taking the whole industry value chain to a new and exciting stage where stakeholder collaboration, energy efficiency, big data and social value are becoming the new norms
According to the World Economic Forum, the construction industry accounts for about 6% of global GDP, with total annual revenues of almost $10 trillion. It also creates new jobs, drives economic growth, and provides solutions for social, climate and energy challenges.
Notwithstanding, construction is a very low margin industry, so increasing productivity has been a recurrent challenge.
If you plan on attending, we will be available during the course of the day at our exhibition stand at the summit and would welcome the opportunity to meet you. We’ll also be sharing our thoughts and views on the issues being discussed and will have some of our latest material on offer at our stand.
For more information please contact David Savage, partner and head of our Construction & Infrastructure sector.
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