2024 Construction & Engineering Industry Trends and Predictions


In 2024, we anticipate notable progress in construction and engineering, driven by the imperative to enhance competitiveness, embrace efficient digital strategies, and seek out fresh revenue avenues.

Amid ongoing challenges like escalating labour shortages, the industry is increasingly turning to digital innovations such as AI for operational automation and optimisation. Companies are pivoting towards becoming comprehensive asset service lifecycle providers to ensure consistent revenue streams. Additionally, outdated enterprises are poised to overhaul their operations, leveraging real-time data for precise project budgeting and forecasting.

To delve deeper into these developments, we sought insights from IFS Construction and Engineering global industry directors, Kenny Ingram and Chris Knight. Their perspectives shed light on key trends shaping the future of the C&E industry, including prioritising digital technology adoption and capitalising on business expansion opportunities.

Read the full article from IFS here.

2024 Construction & Engineering Industry Trends

More to explore!

The Big 6: All-in-One Platform, wherever you are

The Big 6: All-in-One Platform, wherever you are

Combine deep industry and function strength with intelligent and autonomous capabilities with IFS, an all-in-one platform. One of the primary challenges in the Construction & Engineering industry is managing numerous disparate systems and data sources. IFS Cloud provides an all-in-one platform, a single source of truth, that brings together your financials, project management, procurement, human

Read More »
The Big 6 - Future Proofing through Digital Transformation

The Big 6: Future Proofing through Digital Transformation

IFS Cloud ERP is driving digital transformation in the Construction and Engineering Industry. In the past decade, the construction and engineering industry has been on the cusp of a digital revolution and now it is finally here. In recent years, there has been a gradual adoption of digital technologies to future-proof businesses and for most

Read More »
The Big 6 - Teaser Video (Cover Photo)

Achieve The Big 6 in Construction with IFS Cloud and Wyre Solutions!

Achieve The Big 6 in Construction with IFS Cloud and Wyre Solutions! https://wyresolutions.co.uk/wp-content/uploads/2024/04/The-Big-6-Teaser-Video.mp4 Get ready to discover how “The Big 6” with IFS will revolutionise your construction business. To get you all excited, here is a little teaser video 🎥 Stay tuned for the campaign, where we’ll unveil the full scope of The Big 6

Read More »
IFS Industrialised Construction Ebook

Want To Embrace The Industrialised Construction Trend With IFS Cloud?

Did you miss the IFS live webinar on industrialised construction? To learn more about this growing trend, watch the on-demand webinar now here. To explore this topic in more detail, read this new eBook to learn: – What Industrialised Construction is– How IFS can help you embrace hybrid/new business models– The categories and benefits of modular construction

Read More »
World Mental Health Day 2023

Mental Health is a Universal Human Right

Every year on October 10th, Wyre Solutions unites with others to raise awareness for mental health on World Mental Health Day. For this year’s awareness theme, we share the fundamental truth – “Mental health is a universal human right” In a world where diversity and inclusion matter more than ever, we must remember that everyone deserves the

Read More »
EAM or FSM eBook

Do you need EAM or FSM? Or both?

Technology can be complex. Understanding what you need to achieve your business goals can be a challenge. Many organisations look for guidance on whether they need Enterprise Asset Management (EAM) or Field Service Management (FSM) or a combination. Understand how these technologies can add value to your business and which is right for you. Learn:

Read More »
Scroll to Top