Cue construction 4.0: Make-or-break time

An in-depth look at technology adoption in Canada’s construction industry

1 min read

The past few years have been, to say the least, challenging for the construction industry.

The pandemic, supply chain disruptions, labour shortages, and the surge in material costs disrupted lives and business activity. In response to these challenges, many construction companies came to realize that investments in technology were needed to improve productivity, workflow inefficiencies, and worker safety.

KPMG in Canada in collaboration with the Canadian Construction Association (CCA) surveyed construction companies across Canada in 2020 and presented a Digital Maturity Assessment Tool to help advance the industry’s digital transformation. In 2023, KPMG relaunched an updated version of the survey, interviewing 275 Canadian companies to gauge the progress that the industry has made in adopting new technologies and transforming the way their organizations operate.¹

Progress is being made

More than 8 in 10 companies believe that disruptive technologies can generate savings and efficiencies and make them more competitive. The decisions that construction companies make today have never been more important for they will determine how well their organizations will be able to weather the unexpected and seize the coming opportunities.

In this report you’ll find:

The current state of Canadian constructions digital landscape
An industry outlook
Technology adoption: How construction companies surveyed by KPMG intend to invest
Cyber risk management for construction organizations
How to get the right people at the table

View the report

1 KPMG in Canada used the Methodify online research platform owned by Sago, a leading global data collection and research services company, to interview 250 Canadian construction companies from February 6 to March 17, 2023, on their Asking Canadians B2B panel. An additional 25 companies were surveyed by KPMG from November 2022 through March 2023.