The Business Value of BIM for Construction-McGraw Hill 2014

Recent SmartMarket BIM Research by McGraw Hill Construction

Stephen Jones Senior Director McGraw Hill Construction January 8, 2014 All information © McGraw Hill Construction, 2014. All rights reserved.

Introduction • Focused exclusively on contractors (CM/GC and Trades/fabricators) that are using BIM: – – – – – – – – –

US Canada Australia/New Zealand Brazil Japan Korea UK France Germany All information © McGraw Hill Construction, 2014. All rights reserved.

Introduction • Research Data: – – – – –

BIM Usage, Level of BIM Engagement Business Benefits, ROI, Investments BIM Activities (Pre-con, Con, Post-con, Green) Drivers for adoption, Access to models Cloud and Security

• Special Features: – – – –

Owner Mandates Field BIM BIM in China, Hong Kong and Malaysia BIM in India

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Introduction • Officially released 8:30am today!

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Research Findings • Highlights: – 75% of contractors globally report a positive ROI • Japan, Germany, France all at 97% • North American study 2012: – Only 37% of Engineers, 65% Architects were positive

– Overall implementation +50% next 2 years – Most growth in top-levels of implementation: • Brazil (3x); ANZ, Korea, UK (over 2X)

– BIM investments: • TOP: Collaborative processes; Mobile devices • Korea, Japan most committed to investments

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Research Findings • Contractors’ BIM Usage

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Research Findings • Contractors’ Level of BIM Engagement – Experience – Skill – Implementation level – Engagement Index

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All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

50% Next 2 years

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3X

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• Developed a BIM Engagement Index – Weighted score: • Experience, Skill, Implementation

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Firms at the top BIM Engagement Level are a leading indicator for where the rest of the industry is heading

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All information © McGraw Hill Construction, 2014. All rights reserved.

Research Findings • Contractors’ BIM Benefits – Internal – Project – Process

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Internal Benefits

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Project Benefits

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Process Benefits

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Research Findings • Contractors’ ROI for BIM

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All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

Research Findings • Contractors’ BIM Investments – Hardware – Software – Processes – Content

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All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

Research Findings • Contractors’ BIM Activities – Design & Pre-construction Phase – Construction Phase – Post-construction Phase – Sustainability – Drivers for use – Access to models – Cloud & Security

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All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

All information © McGraw Hill Construction, 2014. All rights reserved.

SmartMarket Report • Goal: – Establish baseline for current comparison and for trends in continuing research

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All information © McGraw Hill Construction, 2014. All rights reserved.