Smart contracts
restrictions has forced many companies to
processes related to contract execution and
provided through observation and manual
accelerate digital transformation efforts
administration.
input by humans relying on multiple sources
to fundamentally shift business processes
or independent verification. For contracts
and crush both capital and operational
Data makes a difference
waste. Just as the design and construction
Business processes, however, require
industry, this data is spread across a diverse
industry have focused on automating design
something quite different from design
ecosystem of companies with an enormous
and the physical processes of fabrication
calculations and the physical elements of
range of digital capabilities. Unfortunately
and construction, new technologies are
construction. Business operations require
the data needed to inform streamlined
set to enable the automation of business
event data that has historically been
businesses practices is often siloed and
and purchase orders in the construction
5 WWW.CONSTRUCTION-TODAY.COM