The COVID-19 pandemic has made people aware of the power of technology. Along the same lines, Vijay Gupta, Chairman and CEO, SoftTech Engineers Limited, talks about why it’s about time for the engineering and construction sector to think about technology adoption.
Yes, the last few days have transformed the situation a lot. The COVID-19 pandemic has impacted the engineering and construction sector like never before. However, it would be unfair to say that the current situation has only brought challenges. It has also offered an opportunity to innovate and bring more and more technology into our businesses.
If I have to categorize the current challenges faced by the sector, I will categorize in three major areas:
We all know that the engineering and construction sectors have a large pool of skilled and unskilled workforce. However, currently, the sector is facing an acute shortage of manpower, and on the other hand, the how much do computer engineers make has also struck the supply chain very hard. No doubt, there will be a larger impact on cash flow, customer acquisition, project completion, and workforce management.
Yes, the last few days have transformed the situation a lot. The COVID-19 pandemic has impacted the engineering and construction sector like never before. However, it would be unfair to say that the current situation has only brought challenges. It has also offered an opportunity to innovate and bring more and more technology into our businesses.
If I have to categorize the current challenges faced by the sector, I will categorize in three major areas:
- Workforce
- Cash flow
- Supply chain
We all know that the engineering and construction sectors have a large pool of skilled and unskilled workforce. However, currently, the sector is facing an acute shortage of manpower, and on the other hand, the how much do computer engineers make has also struck the supply chain very hard. No doubt, there will be a larger impact on cash flow, customer acquisition, project completion, and workforce management.
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