AI disrupting Australia’s construction industry ‘faster than most of us expected’

Autodesk Construction Cloud global executive Jim Lynch discusses the state of AI disruption in Australia at Autodesk’s Design & Make Summit in Sydney

AI disrupting Australia’s construction industry ‘faster than most of us expected’

COMPANY NEWS: Artificial Intelligence (AI) technologies are disrupting Australia’s construction industry “faster than most of us expected”, according to a global Autodesk executive who spoke at the Design & Make Summit in Sydney on September 10.

The Design & Make Summit is an annual thought leadership event bringing together business leaders and subject matter experts from the Architecture, Engineering, Construction, Design and Manufacturing industries to learn about the latest trends, insights and technologies that are shaping industries and making the future.

Jim Lynch, Senior Vice President & General Manager, Autodesk Construction at Autodesk, said at the event, “Many of us thought the future of work would happen, you know… In the future. But then the workplace changed a lot faster than most of us expected. And it’s not done changing. AI has arrived, with implications that are looming large for all of us.”

According to Autodesk’s State of Design & Make 2024 report, which features insights from over 5,000 leaders across all AEC and D&M industries, including 2,000 from Asia Pacific, 78 per cent of respondents believe AI will enhance their industry and are optimistic about where AI is taking us.

“We’ve gone from just sharing files in the cloud to collaborating in the cloud. From seeing data as a problem to be managed, to realising it’s an opportunity to be tapped. And from talking about the promise of AI to making real progress adopting it,” said Mr Lynch.

“In fact, according to the report, 56 per cent of companies across the industry are incorporating AI into your businesses right now. Take construction for example. Like many industries at the moment, it’s riddled with challenges. In Australia, those include higher labour costs, the cost of raw materials, a lack of skilled workers, growing competition and economic uncertainty.

“However, we are seeing businesses every day using AI to mitigate some of these challenges. Across Asia Pacific, construction businesses are adopting AI for predictive insights; to identify opportunities to improve profitability; generative design; and even subcontractor evaluations,” said Mr Lynch.

Mr Lynch went on to say that the AEC industry is doubling down on AI and as a result, are seeing improved efficiency, cost reductions, an increase in competitive advantage, and increased revenue.

“We’ve been making progress too. Autodesk AI is technology we’ve been working on, and investing in, for years. It powers our Design & Make platform and our industry clouds Fusion, Forma, and Flow. We’ve been putting AI to work, because we know that it has the transformative power to understand and address the capacity issues you all face. The challenge of doing more with less,” concluded Mr Lynch.

Autodesk’s Construction Leadership team visited Sydney for the event, including:

• Jim Lynch, SVP & GM, Autodesk Construction
• Sidharth Haksar, VP Construction Strategy & Industry Partnerships
• Lalith Subramanian, VP Construction Product ring
• Geoff Tarrant, Co-Founder at Payapps
• Brandon Lacourciere, VP Emerging Businesses
• Paul Blandini, VP Construction Business Strategy & Operations
• Brent Ramos, Senior Director of Construction Sales
• Colin Piper, Senior Director Construction Marketing

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