OCTOBER 2022CONSTRUCTIONBUSINESSREVIEW.COM6Worldwide, as the construction space buzzes with activity, construction firms are increasingly looking to avoid ground and subsurface issues that might lead to unstable building foundations and inflict significant damage to the structures once erected. Consequently, the demand is rising for robust geotechnical engineering, which has become indispensable in the construction process. In response, the global market for geotechnical engineering services is growing at a CAGR of 6.7 percent, projected to reach $3.7 billion by 2030.This growth is driven by a worldwide increase in construction projects involving buildings, bridges and tunnels, marine, mining, oil & gas, and other major energy projects. Further developments in oil & gas projects and the construction of wind power facilities across various countries are expected to drive market growth in the near future. Increasing R&D investments to advance subsurface and ground condition detection are also expected to contribute to the market expansion.This edition of Construction Business Review shines light on the key developments in the geotechnical engineering space and how construction firms are leveraging the latest tech solutions and services to successfully run and complete their projects. It features thought leadership articles from Abdulmajid Karanouh, International Director, Head of Interdisciplinary Design & Research at Drees & Sommer, and May Winfield, Global Director of Commercial, Legal and Digital Risks at Buro Happold. They speak about the need to transform the construction industry from a multidisciplinary model to a cross-disciplinary one and to make digitalization and technology adoption commonplace in the construction space. Along with these, the edition features ANS Geo, a full-service geotechnical company delivering top-notch geotechnical engineering, geophysical surveying, subsurface drilling, and materials testing services to public and private construction firms. It brings a vast portfolio of services, including subsurface investigation programs, foundation design analysis and reviews, construction inspections, and pre- and post-construction monitoring.In this edition featuring top geotechnical engineering service companies, we hope you find the appropriate company to enhance and optimize your construction operations. Let us know your thoughts!Laying the Foundation for Superior ConstructionEDITORIALCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorRobert Mathews*Some of the Insights are based on our interviews with CIOs and CXOsVisualizersJohn GotamJames D. PhillipsEmail:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com October - 15 - 2022, Vol 02 Issue 15Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Robert MathewsManaging Editoreditor@constructionbusinessreview.com
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