Current Business Environment – Deconstruction of the AECOO Sector (Architecture, Engineering, Construction, Operations, Owner)
- Falling Transaction Costs
- Falling Computing Costs
- Falling Communication Costs
- Increasing Collaboration and Communication
- Over half of All Information is Digital… has and IP Address
- Patterns are Now Transparent – Cost, Function, Productivity, …
- Computer Software Applications and Traditional Databases are Dead – Being Replaced by Plug-ins and On-demand Data
- Life-cycle Cost vs. First-Cost Focus
- Propriety Information is contrary to Scale, Growth, Collaboration
- Small/Local Action with Global Oversight Driving Horizontal vs. Vertical Value Chains
Business strategy is driven by our environment and associated demands and fundamental change is upon all of us.