Construction companies are constantly trying to improve profit margins, revenue and build quality. To get there an increasing number of companies are transitioning to a full asset lifecycle model.
With service and maintenance contracts typically 120-200% greater than initial build costs. This disruptive model throws constructors an opportunity to more than double revenue received from one asset and provides a predictable revenue stream, improved profit margins and build quality.
In this white paper we analyze factors impacting constructors from delivering the full asset lifecycle model including:
- Digitalization and enterprise software
- Offsite manufacturing
- Risk management