Rapid Growth of Digital Transformation Market | Estimated to Reach High CAGR | Global Forecasts till 2022 - Business Industry Reports

Rapid Growth of Digital Transformation Market | Estimated to Reach High CAGR | Global Forecasts till 2022

Pune, India, Sept 2018 /BIR Press Release/- Business Industry Reports announces the publication of its research report – Global Digital Transformation Market Research Report 2018

Global Digital Transformation Market Overview:

According to the Business Industry Reports, the Global Digital Transformation Market is growing continuously and expected to grow healthy CAGR by Forecast year 2022.

The real estate business has been slow to move with the times, until now, based on a post on Enterprise Innovation, while transformation has disrupted every kind of company. The article draws Asia Pacific Leadership Symposium in Hong Kong. In areas which vary from computer-aided design to using Augmented Reality advertising solutions, to development of engineering and new construction materials, a comprehensive list of technologies is beginning to gain traction, with profound consequences for the business. The rise of Building Information Modelling - One area that programmers are certain about is the possibility of applications design tools. The system gaining grip is Building Information Modeling, which replaces hardcopy patterns with computer modeling.

The system allowing the concept to be implemented onsite, gives it an edge over legacy paper-based systems, helping builders and architects make to existing designs and to collaborate easily. BIM constructed New Karolinska Hospital - The symposium discussed the building of Swedens opened 12 the world’s biggest private partnership hospital project up to now, New Karolinska Hospital. As the hospitals BIM model contains all building data in a single plan, managers know instantly which materials are utilized in any part of the building, where all components are located, and precisely what part will be necessary to repair any given equipment breakdown.

Additionally, sensors have been embedded through the hospital structure to guide a fleet of 29 automated vehicles deployed to deal with a total of 1, 600 deliveries daily through the facility, using BIM as an address book. Prefabrication tech - Prefabrication is another well-established technologies steadily growing in popularity. Elsewhere, though, the low labor cost in Asia's emerging economies implies that prefabrication is usually seen as uncompetitive. Obstacles to digital transformation - The symposium noted that there are a number numerous Reasons why the rate of change in the real estate business is slow: The useful life of buildings is long. Another major obstacle to progress is resistance from the status quo. Contractors reluctant to invest in new technologies, even as technology costs continue to fall. Regulation remains the largest roadblock to change.

Global Key Players of Digital Transformation Market: Cognizant (US), SAP (Germany), Dell EMC (US), Microsoft (US), Adobe Systems (US), Accenture (Ireland), Capgemini (France), IBM (US), Oracle (US), Google (US), HPE (US), and CA Technologies (US).

Available Compete Report @ https://www.businessindustryreports.com/report/26560/global-digital-transformation-market-2018-2022 .

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