SEPTEMBER 2024CONSTRUCTIONBUSINESSREVIEW.COM6Ground-breaking technology is transforming infrastructure development, with modular construction and precast concrete emerging as pivotal advancements. As cities increasingly transition towards smart, sustainable urban environments, these techniques are becoming crucial for improving scalability, cost-effectiveness and overall project speed.Modular construction involves fabricating complete sections or modules of a building in a factory, which are then transported and assembled on-site. This approach accelerates construction and minimizes disruption. Precast concrete involves manufacturing specific building components, such as walls, floors and columns, in a controlled factory environment before they are transported to the construction site. These prefabricated concrete elements are known for their durability and precision. Together, modular construction and precast concrete offer complementary benefits, leading to the development of more efficient, resilient and intelligent infrastructure. This edition of Construction Business Review highlights recent developments in the modular construction and precast concrete industry and spotlights leading providers who deliver high-quality products.This edition also features insightful thought leadership articles from industry experts. Daniel Cole, PMP, Senior Project Manager at Aldridge Electric, Inc., explores the evolving role and increasing impact of prefabrication in the construction industry, with a particular focus on its application within the electrical and intelligent transportation systems sectors. Meanwhile, André Mylocopos, Executive Director of Alternate Delivery Models at CIMA+, examines the factors driving the recent surge in construction costs. He emphasizes the importance for leaders to stay informed about technological advancements, including the integration of AI-powered tools, to effectively navigate and mitigate these rising costs and labor shortages.We hope this edition assists you in finding the best partner to address your modular construction and precast concrete needs and gain valuable insights into the industry's latest innovations and solutions.Let us know your thoughts! Innovating the Future of Construction EDITORIALCopyright © 2024 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 MathewsVisualizersHenry SmithJames D. PhillipsEmail:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com SEPTEMBER - 2 - 2024, Vol 04 Issue 22 (ISSN 2835-9429) Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Robert MathewsManaging Editoreditor@constructionbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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