Stack Construction Technologies Releases Construction Knowledge Gap Report
STACK Construction Technologies released its ‘Construction Knowledge Gap Report’, revealing the challenges of knowledge transfer across the construction industry, consequences of unstructured training, and the industry’s perceived readiness to embrace modern technology. Conducted with third-party research firm Censuswide, data reveals 4 in 5 entry-level construction workers would be more likely to stay with an employer that prioritizes modern technology. With the majority (75%) of entry-level construction workers lacking formal training, the next generation of workers is ready to embrace technology that can streamline processes, make critical knowledge more accessible and easier to pass down, and create greater opportunities for professional development.
“A new generation is coming into the trades, and the industry owes them more than a manual and a mentor who's too busy to teach,” says Viyas Sundaram, CEO at STACK. “We regularly see new estimators lack the historical context behind past decisions and that missing context can make its way into a new bid, simply because critical knowledge wasn’t accessible. Multiply that across every question a new hire encounters in their first year, and the connection to project delays and cost overruns becomes clear.”