Measuring The ROI of Digital Transformation Projects in Construction

Episode 3 of the Digital Construction 2024 Series

Featuring guest speaker, Jon Knight - Ascentae & Jamie Dupée - eDocuments

Measuring The ROI of Digital Transformation Projects in Construction

Episode 3 of the Digital Construction 2024 Series

Featuring guest speaker, Jon Knight - Ascentae & Jamie Dupée - eDocuments

Watch the webinar

Recorded on 30 May, 2024

Watch the webinar

Recorded on 30 May, 2024

Webinar Highlights

  • Insight into ROI: Learn how digital tools and strategies directly contribute to cost savings, efficiency gains, and reduced project timelines.

  • Expert Guidance: Gain insights from industry leaders on successfully implementing technology & software solutions that drive profitability.

  • Future Trends: Discover upcoming digital innovations poised to transform the construction landscape and how you can stay ahead of the curve.

Webinar Highlights

  • Insight into ROI: Learn how digital tools and strategies directly contribute to cost savings, efficiency gains, and reduced project timelines.

  • Expert Guidance: Gain insights from industry leaders on successfully implementing technology & software solutions that drive profitability.

  • Future Trends: Discover upcoming digital innovations poised to transform the construction landscape and how you can stay ahead of the curve.

If you’ve got questions that you’d like answering, get in touch with the speakers

Paul Bingham

CEO & Founding Partner,

Smart Connected Buildings

Jon Knight

Managing Director,

Ascentae

Dr. Jamie Dupée

Co-Founder & CTO, eDocuments

Paul consults, advises & innovates at the intersection of 3 ever converging industries: The Built Environment (Real Estate), Technology (InfraTech) and Software (Platforms & Data).

Contact Paul - paul@smartandconnectedbuildings,com

Jon Knight, Managing Director and co-founder of Ascentae, is at the forefront of workplace technology, specialising in hybrid solutions for the construction industry. He is committed to advancing smart technologies tailored to construction professionals.

Contact Jon - [email protected]

Jamie, co-founder of eDocuments, is a pioneer in merging construction with technology. With a strong background in both fields, he offers a unique perspective on transforming traditional building practices with advanced digital solutions.

Contact Jamie - [email protected]

If you’ve got questions that you’d like answering, get in touch with the speakers

Paul Bingham

Founder, Smart Connected Buildings

Paul consults, advises & innovates at the intersection of 3 ever converging industries: The Built Environment (Real Estate), Technology (InfraTech) and Software (Platforms & Data).

Contact Paul - [email protected]

Dr. Jamie Dupée

Co-Founder & CTO, eDocuments

Jamie, co-founder of eDocuments, is a pioneer in merging construction with technology. With a strong background in both fields, he offers a unique perspective on transforming traditional building practices with advanced digital solutions.

Contact Jon - [email protected]

Jon Knight

Managing Director, Ascentae

Jon Knight, Managing Director and co-founder of Ascentae, is at the forefront of workplace technology, specialising in hybrid solutions for the construction industry. He is committed to advancing smart technologies tailored to construction professionals.

Contact Jon - [email protected]

Webinar summary

00:00:00 - Introduction

Paul Bingham opens the webinar by summarizing the topics covered in the previous sessions of the Digital Construction series, leading up to the Digital Construction Week event in London. The focus of the current session is on how to quantify, measure success, and the return on investment (ROI) for digital transformation projects within the construction industry, a topic identified as critical by C-suite executives.

02:45 - Jamie Dupée's Insights

Jamie Dupée, CTO of eDocuments, introduces himself and his company's role in providing digital handover documentation and data management solutions. He discusses the complexities of calculating ROI, emphasizing the need to understand both the direct costs and the broader gains from digital transformations. Dupée highlights the challenge of balancing tangible and intangible benefits and stresses the importance of a data-driven approach to asset management.

06:18 - Jon Knight's Perspective

Jon Knight discusses the significant role of user experience in the adoption of technology in construction sites. He criticizes the common disconnect between advanced technology and practical user behavior in the field, such as reliance on paper-based processes despite the availability of digital tools. Knight stresses the need for technologies that seamlessly integrate into daily operations to enhance data capture and project management.

12:27 - Further Discussion by Paul Bingham

Paul Bingham delves deeper into the issues of digital maturity and the widespread challenge of technology adoption across construction projects. He underscores the necessity of comprehensive, enterprise-wide digital solutions and strong leadership to drive technology deployment effectively.

14:43 - Deep Dive into Data and Time Savings with Jamie Dupée

Jamie Dupée elaborates on the time implications of generating accurate data, noting that accurate data collection can initially increase time consumption. He explains that significant time savings and efficiencies arise from a well-planned data management strategy that addresses potential issues early in the project lifecycle.

19:38 - Jon Knight on Practical Application and Data Utilization

Jon Knight further discusses the importance of standardizing data and tools usage across projects to ensure consistency and improve reliability. He points out the frequent disconnect between strategic management and actual on-ground operations, which can hinder the effective utilization of data and technology in construction projects.

25:38 - Data Integration and Standardization Discussion

The discussion turns towards the necessity for industry-wide standardization in data management and software usage to prevent inconsistencies and improve project outcomes. Both speakers agree on the critical need for common data environments and standardized processes to streamline operations and data analysis.

32:38 - Closing Remarks by Paul Bingham

Paul Bingham wraps up the discussion by emphasizing the role of smart, sophisticated building practices and standardized data in driving these practices forward. He expresses eagerness to observe the upcoming conversations at Digital Construction Week and their implications for the industry's digital maturity.

43:57 - Conclusion

The webinar concludes with an open invitation from the speakers to meet at the upcoming Digital Construction Week for further discussions and networking, promising insightful exchanges on the future of construction technology and digital transformation.

Smart Connected Buildings Ltd, 2025

Webinar summary

00:00:00 - Introduction

Paul Bingham opens the webinar by summarizing the topics covered in the previous sessions of the Digital Construction series, leading up to the Digital Construction Week event in London. The focus of the current session is on how to quantify, measure success, and the return on investment (ROI) for digital transformation projects within the construction industry, a topic identified as critical by C-suite executives.

02:45 - Jamie Dupée's Insights

Jamie Dupée, CTO of eDocuments, introduces himself and his company's role in providing digital handover documentation and data management solutions. He discusses the complexities of calculating ROI, emphasizing the need to understand both the direct costs and the broader gains from digital transformations. Dupée highlights the challenge of balancing tangible and intangible benefits and stresses the importance of a data-driven approach to asset management.

06:18 - Jon Knight's Perspective

Jon Knight discusses the significant role of user experience in the adoption of technology in construction sites. He criticizes the common disconnect between advanced technology and practical user behavior in the field, such as reliance on paper-based processes despite the availability of digital tools. Knight stresses the need for technologies that seamlessly integrate into daily operations to enhance data capture and project management.

12:27 - Further Discussion by Paul Bingham

Paul Bingham delves deeper into the issues of digital maturity and the widespread challenge of technology adoption across construction projects. He underscores the necessity of comprehensive, enterprise-wide digital solutions and strong leadership to drive technology deployment effectively.

14:43 - Deep Dive into Data and Time Savings with Jamie Dupée

Jamie Dupée elaborates on the time implications of generating accurate data, noting that accurate data collection can initially increase time consumption. He explains that significant time savings and efficiencies arise from a well-planned data management strategy that addresses potential issues early in the project lifecycle.

19:38 - Jon Knight on Practical Application and Data Utilization

Jon Knight further discusses the importance of standardizing data and tools usage across projects to ensure consistency and improve reliability. He points out the frequent disconnect between strategic management and actual on-ground operations, which can hinder the effective utilization of data and technology in construction projects.

25:38 - Data Integration and Standardization Discussion

The discussion turns towards the necessity for industry-wide standardization in data management and software usage to prevent inconsistencies and improve project outcomes. Both speakers agree on the critical need for common data environments and standardized processes to streamline operations and data analysis.

32:38 - Closing Remarks by Paul Bingham

Paul Bingham wraps up the discussion by emphasizing the role of smart, sophisticated building practices and standardized data in driving these practices forward. He expresses eagerness to observe the upcoming conversations at Digital Construction Week and their implications for the industry's digital maturity.

43:57 - Conclusion

The webinar concludes with an open invitation from the speakers to meet at the upcoming Digital Construction Week for further discussions and networking, promising insightful exchanges on the future of construction technology and digital transformation.

Smart Connected Buildings Ltd, 2025

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