Discover Key Insights from Our Latest AECR Tech Survey
As digital solutions continue to reshape the AECR industry, Construct Venture has launched an in-depth survey to assess the state of technology adoption within Norway's architecture, engineering, construction, and real estate (AECR) sectors. This survey provides unique insights into the current technological landscape, highlighting both the challenges and opportunities professionals face as they adapt to advancements in Proptech and Contech.
While digital transformation has accelerated across Norwegian industries, AECR has historically been slower to adopt technology due to factors like complex value chains, regulatory requirements, and a traditional reliance on manual processes. Our survey gathered input from a diverse range of stakeholders—including investors, startups, construction firms, and real estate developers—to explore the perspectives and priorities that shape the industry’s approach to technology adoption.
The survey identifies specific areas where AECR professionals see the greatest potential for technology to drive productivity and address pressing challenges. Key areas include data management, artificial intelligence, and BIM.
Resistance to Change: Many respondents expressed strong resistance to changing traditional processes, especially when new solutions disrupt established workflows.
Fragmented Value Chains: The complexity of managing multiple stakeholders across project stages often results in misaligned goals and communication gaps.
Digital Maturity: For many firms, adopting new technology requires a leap in digital maturity that is difficult to achieve without specialized expertise and targeted investment.
One compelling insight from our findings is the consensus across stakeholder groups on the importance of collaboration for advancing technology in AECR. Larger firms and investors often provide the resources needed for scaling tech solutions, while startups bring the agility and innovation needed to tackle specific industry challenges. Respondents emphasized that by fostering a culture of collaboration, AECR can better integrate new technologies, streamline project timelines, enhance safety, and boost sustainability.
The survey also highlights venture capital trends within the Norwegian AECR sector, where Proptech and Contech are becoming increasingly attractive. Although Norwegian venture investment is showing promise, it remains smaller compared to other Nordic markets. This gap underscores the need for a robust ecosystem that supports both early-stage ventures and established firms in their efforts to innovate and scale.
The findings reveal that while many respondents recognize the potential benefits of digital tools, they face practical hurdles in implementation. For instance, digital maturity remains a challenge, with many professionals citing difficulties in navigating new technologies without sufficient in-house expertise.
Explore the Full Insights
For a deeper dive into these insights and the complete survey results, visit our article on Construct Venture’s website. Our report provides data-driven perspectives to guide industry stakeholders through this transformative period in AECR.
Take a closer look at our report and explore the full insights