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INEIGHT GLOBAL CAPITAL PROJECTS OUTLOOK
| 2022 | Second Edition

Reports

Here we are for the second edition of the InEight Global Capital Projects Outlook report. Once again, we find a global construction sector full of confidence, optimism and resilience against a tumultuous backdrop.

 

THE CHALLENGE

Whereas the impact of the COVID-19 pandemic has lessened in most places (but not all) versus last year, that gap has been filled by new challenges in the form of supply chain shortages, inflationary pressure, an energy crisis and the war in Ukraine. But even as extreme circumstances seemingly become everyday occurrences, our sector marches on — not least in its digital transformation.

 

THE SOLUTION

This report is based on a March 2022 online survey of 300 large enterprise, capital project and construction professionals. The survey included 26 questions designed to gauge general confidence and optimism levels across the industry, and assess track records, plans and attitudes towards digital transformation. Of the 300 respondents, 100 participants were drawn from each of our focus regions of the Americas, Europe and APAC, giving each equal weighting in the report. Globally, 67% of respondents are project owners and 33% are contractors.

 

THE OUTCOME

The bottom line is that the construction sector — capital project owners and contractors alike — is investing in technology, seeing the benefits, and planning for bright, tech-led futures. The sophistication of an organization’s digital transformation strategy is emerging as a reliable predictor for performance across a range of metrics from optimism to project certainty — we expect that to continue into the future.

 

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