For McLaren, the future of construction is tied to the effective use of data – and the business intends to gather as much information as it can, while retraining staff and recruiting external experts. Ian Weinfass gets an exclusive insight into its new digital strategy
“Data is the new oil,” declared mathematician and data-science entrepreneur Clive Humby in 2006. When the value of oil became clear for owners and manufacturers of construction machinery in the early 20th century, they were quick to use it. But nearly two decades after the value of data began to soar in the information age, few would say construction has placed the same emphasis on mining this rich resource. Yet many in the industry are trying to change this, including contractor McLaren with its new five-year plan.
The demand for construction to increase its competence in this area is ever-growing, with new technologies emerging, as well as requirements to meet building-safety rules and net-zero targets.