A study by the construction company, McKinsey and Company indicates how the delay in the adoption of the new technologies has a direct impact on productivity. The Company proposes an analysis of the data to develop the infrastructure sector in our country.

The infrastructure sector has taken a long time to incorporate digitalization. According to data from the study, the construction sector is one of the least advanced in this field and the most reticent to adopt the new technologies. For several years, the companies in this sector had to face an adverse situation and take a chance on foreign investments among other alternatives.
The study “Potential of Advanced Analytics in the Infrastructure industry in Spain”, was presented within the framework of the BBConstrumat. The main objective is to minimize the risk of decision making for infrastructure companies.
For this, the study proposes taking advantage of the information from the advanced analytics in order to reverse the situation created.
According to words from Antonio De Gregorio, a partner from the Madrid office, "Project owners can base their decisions on investments and improve operations and maintenance of assets through the analysis of the information generated. Construction companies can make more appropriate offers, complete negotiations with subcontractors based on data and anticipate problems in projects before they happen and cause delays and additional costs".
The 4 phases of an asset that companies should take into account for their investments are the following:
Strategic planning. The infrastructure sector can act like other sectors that are already using and analyzing data to reduce risks. Predictive planning of capital or Predictive performance are some of the tools.
Distribution of capital. In the initial phases such as the project delivery, advanced analytics significantly help to reveal risks.
Operations. Analysis of data can generate important revenue with measurements such as automatic toll collection or the analysis of consumer tendencies.
Finally, the maintenance or non-maintenance of assets. Maintaining or replacing them is a decision that can be made with less risks if monitoring techniques are taken into account.
The report hopes to help companies and project developers use data to minimize risks, establish priorities and optimize decision-making through analysis.