Obelisk Consulting

Value and ROI of BIM in design, construction

Value and ROI of BIM in design, construction

01 July, 2022 08:40 PM
  • As an architecture firm principal, much of your time and energy goes into managing the business and fostering growth. You’re always looking for ways to be more efficient and appeal to your customers. To stay ahead of the competition, many leading firms count on innovative Building Information Modeling (BIM) to help them do their work – and do it better. But how are AEC industry leaders successfully meeting the challenge of calculating return on investment for BIM in architecture?

    The economic value of BIM technology is often weighed by measuring the ratio of return on investment, or ROI. Adopting BIM processes is becoming increasingly popular at all stages of the building’s lifecycle – that is, from design to construction and through operations and maintenance. Consequently, the role of ROI in technology-decision making is shifting.

    Companies wishing to adopt BIM technology have always sought reliable factors for understanding how the technology and software transition will impact their company. After more than a decade of experience with BIM, the design and construction industry is now realizing BIM’s value and financial impact.

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