The findings follow a new ‘How We Build Now’ benchmark report commissioned by construction management software provider Procore Technologies which surveyed over 200 decision makers across the industry.

Brandon Oliveri-O’Connor, Vice President of EMEA at Procore said: “In an environment where the pressures firms face come from the bottom line rather than the top, the scene is set for technology to play a greater role in driving the industry forward.

“This is backed up by almost half (44%) saying they plan to introduce construction management platforms into their business in the next 12 months.”

Oliveri-O’Connor added: “These findings aren’t just good news for now – but the future too. Against persistent headwinds in the construction sector globally, UK and Irish decision makers continue to show resilience and adaptability to build strategies for long-term success.

“Accelerating digital transformation and unlocking the value of data to improve decision-making, visibility, security, client experience, as well as sustainability, will not only improve the industry’s efficiency and bottom line today but increase its ability to navigate unforeseen challenges and expectations tomorrow.”