Business Trends: Why we value engineering data
In the 21st century, one cannot escape the concept of data.
In the 21st century, one cannot escape the concept of data. Data is everywhere, and it is an integral part of people’s professional and personal lives. Within the business markets in which we operate, there are plenty of intriguing and fascinating terms such as Industry 4.0, Construction 4.0, digital twin, artificial intelligence, big data, integrated project delivery (IPD), building information modeling (BIM), common data environment (CDE), virtual design and construction (VDC), Internet of Things (IoT), Internet of Everything (IoE), radio frequency identification (RFID), augmented and virtual reality (AR/VR), point cloud and cloud storage. Fundamentally, all data management serves the same purpose of storing information and subsequently sharing or publishing this data to the intended recipients.