siliconindia | | OCTOBER 20224 Vol 10 · Issue 08 - 02 · OCTOBER, 2022 Publisher Alok Chaturvedi Editor Emmanuel Christi Das Editorial Team Shirly Pabisha T Hima P M Tejaswini P Mandvi Singh GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Magazine price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2022 SiliconMedia Technologies Pvt Ltd, 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.advertise@siliconindia.com Visualizer Mrigank SharmaArt ManagerSuanya Chakraborty Manager DesignPrabhu Dutta A.R. N RayCirculation Manager Magendran Perumal Ashwini D Naik Shilpa Selva Felisha Rita Correspondent Samatha SPAssistant Editor Heena KousarAssociate Editor Indranil Chakraborty Multiple Headwinds but Concrete GrowthEditorialI n order to transition to linked construction capabilities, the EPC business has boosted its investments in digital, includ-ing through mergers and acquisitions (M&A). These technol-ogies can improve internal operating efficiencies, save costs, and increase profits for E&C companies as they support projects like smart cities, urban air mobility, and climate change programmes. The engineering and construction industry is likely to have a thrilling year in 2022, and our annual outlook examines five important trends to pay particular attention to. As engineering companies, contractors, and other players along the value chain see the advantages of linked construction technologies and use them more frequently, the EPC landscape is quickly changing. These technologies can reduce down-time, improve asset utilisation and efficiency, and improve insight into operations. They can also help unite assets, people, processes, and project sites onto one platform, enabling everyone and every-thing to work more intelligently.Emerging technologies, as well as the data and sophisticated ana-lytics that these new capabilities might enable, are at the heart of linked building. The development of data, analytics, and user-based insights skills could be crucial as the sector transitions to connected building. The term 'connected construction' will probably be used to refer to significant digital expenditures made in 2022 to link, inte-grate, and automate business processes and put the entire value chain on a safe, intelligent infrastructure.The main concern for the majority of E&C firms after the pan-demic was how to resume work at job sites safely. Surprisingly, despite adopting the necessary safety requirements right away, the business is still struggling to find people. Unfilled positions can have a detrimental impact on E&C enterprises in a variety of ways, includ-ing project cancellations and delays, project scalebacks, an inability to meet market demands, losing project bids, and a lack of innova-tion, among others.Meanwhile, EPC companies have pulled up their socks to gather a strong footing in the global market. Some of these companies in this edition have overcome a plethora of challenges to become a promis-ing name in the industry.Emmanuel Christi DasEditoreditor@siliconindia.com
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