Recent findings from Revizto’s Bridging the Gap: 2025 Digital Design & Construction Report uncover critical inefficiencies in the construction sector. With global construction spending projected to hit $22 trillion by 2040, industry leaders are facing mounting challenges, including spiralling budgets, project rework, and fragmented collaboration.
Key insights from the report:
- ✅ 92% of AECO professionals experience budget changes during construction, with 11-20% cost overruns being common.
- ✅ 56% of leaders cite scope creep, change orders, and client changes as the primary drivers of costly rework.
- ✅Technology adoption remains sluggish, as 27% of teams rely on outdated tools like email and spreadsheets for project delivery.
How Smarter Recycling Strategies Can Reduce Waste & Improve Efficiency
While innovation in digital collaboration is crucial for tackling inefficiencies, material recovery and recycling play a key role in reducing waste and cost overruns. Scrap iron recycling, for example, offers construction firms a profitable avenue to cut waste disposal costs and reinvest in sustainable infrastructure.
- 🔹 Optimising metal recovery helps prevent unnecessary resource loss and inefficiency.
- 🔹 Partnering with recycling experts ensures streamlined operations and cost savings.
- 🔹 Integrating sustainability into procurement and project execution creates long-term value.
As the industry pushes forcollaborative solutions, construction firms must also prioritise sustainable materials management to complement their efficiency goals.
Collaborating with recycling partners, like Erith Scrap Metals (ESM), enables construction and demolition firms to streamline scrap metal recovery, ensuring maximum value and operational efficiency. By leveraging ESM’s expertise in material sorting, processing, and compliance, businesses can reduce waste, optimize recovery efforts, and enhance sustainability initiatives—ultimately turning demolition debris into a profitable, responsible resource.
Driving Efficiency & Sustainability in Construction
As the industry grapples with budget creep, inefficiencies, and the need for smarter collaboration, one thing is clear—innovation must go hand in hand with sustainability. Whether throughdigital transformation, strategic partnerships, or smarter material recovery, construction firms have a unique opportunity to reduce waste, cut costs, and create lasting value.
By embracingtechnology and sustainable recycling practices, businesses can bridge the gap between ambition and reality, ensuring that growth remains both profitable and responsible.
Let’s build a more efficient and sustainable future—one smart decision at a time.
Resource: Canary Wharf Group, Revizto, Construction Magazine
