14
ENDNOTES
1
$10 Trillion E&C Industry annual revenue. [The Boston Consulting Group]
2
…will lead to annual cost savings of 0.7 trillion to 1.2 trillion (13% to 21%) in the engineering and construction phases and 0.3 trillion to 0.5 trillion
(10% to 17% in the operations phase. [The Boston Consulting Group]
3
1,000,000 HBM Supply Chain materials delivery tickets per day in the US and Canada.
4
65% of time spent on optimal activities, 35% of time spent on non-optimal activities. [PlanGrid + FMI]
5
14+ hours lost per person each week due to conflict resolution, mistakes & rework, searching for project data/information. [PlanGrid + FMI]
6
$1.63 trillion could be saved annually from infrastructure productivity changes. [McKinsey Global Institute]
7
52% of rework is caused by poor project data and miscommunication. [PlanGrid + FMI]
8
35% of construction professionals time is spent (over 14 hours per week) on non-productive activities including looking for project information,
conflict resolution and dealing with mistakes and rework. [PlanGrid + FMI]
9
An estimated 5-7% cost savings is achieved by automating manual processes.
