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Tuesday, September 22, 2009

New McGraw Hill BIM Report - THE BUSINESS VALUE OF BIM - Must Read!!! [BIM]

Well, it's finally out, the sequel to last year's McGraw-Hill Report.  This is another fantastic report that follows off from last year's snapshot of the industry.  McGraw-Hill did another amazing job with case studies, facts, and lots of supporting documents.


Key Findings
 Architects are perceived to reap the highest value from BIM.
 Engineers see the most value in marketing BIM services and the
productivity gains created by BIM.
 Civil engineers lag behind structural and MEP engineers in adoption.
 Contractors reap the highest value from benefits related to costs.
 MEP contractors rank among the top BIM adopters.
 Owners see BIM as a valuable communication tool.

Key Findings
 Half of the industry has adopted BIM, a 75%increase from two years ago.
 BIM use by contractors has quadrupled in the last two years.
 The rate at which BIM users utilize it on projects will double in two years.
 The U.S.West Coast has the highest concentration of BIM users.
 Non-users are open to adopting BIM in the future.
Greatest challenges for non-users: 1) not enough time to evaluate BIM,
2) software/hardware upgrades, 3) functionality doesn’t apply well to their practice

I don't want to spoil the ending of how this page turner ends, but let's just say that if you haven't started your BIM adoption plan, you're just about too late to get into the game.  Hurry before the recession ends.


***************************
Half of Construction Industry Now Using BIM, Says New McGraw-Hill Construction Report

Sep 22, 2009 12:00:00 (ET)


NEW YORK, Sept 22, 2009 /PRNewswire via COMTEX/ -- McGraw-Hill 
Construction's latest SmartMarket Report, "The Business Value of BIM: Getting Building Information Modeling (BIM) to the Bottom Line," produced with Autodesk and 26 other industry organizations, profiles adoption of BIM in North America and examines the real business values that users are experiencing. Nearly half of respondents (49%) report that they are using BIM tools -- a 75% increase over the 28% BIM adoption rate measured in 2007. A follow-up to the authoritative 2008 BIM report, the 2009 Business Value of BIM Report was released today at the Business of BIM Conference in San Francisco. 

BIM offers a new way of creating and leveraging digital models for the design, construction and operation of projects, and it is revolutionizing the way firms communicate, solve problems and achieve better outcomes. BIM is spreading quickly throughout the design and construction industry, and there is a growing interest both in quantifying that growth and in defining the business benefits of this new approach to project delivery. Based on research with thousands of industry professionals, the 2009 Business Value of BIM Report shows that: 


    --  Half of the industry is now using BIM or BIM-related tools -- 75% more
        than in 2007.
    --  The U.S. West Coast leads BIM adoption with a 56% rate, far ahead of the
        Northeast (38%). Canada closely resembles the North American average at
        48%.
    --  Current BIM users of all skill levels expect to double their application
        of it on projects over the next two years.
    --  42% of BIM users consider themselves experts or advanced -- three times
        the amount in 2007.
    --  Those with higher BIM-skill levels report over twice the ROI of
        beginners.
    --  Users who formally measure the benefits of BIM see greater ROI.

    --  Experienced users are leveraging their BIM capabilities to win new work
        over their competitors, and rate this as among the greatest current
        benefits of BIM.


"Those companies that are embracing BIM most aggressively are reaping real and measurable business benefits for their firms -- increased productivity, profitability and prestige," said Norbert W. Young, Jr., President, McGraw-Hill Construction. "As with the entire portfolio of McGraw-Hill Construction products and services, this report serves the industry's need for reliable and timely information. We are pleased to be able to provide this report with measurable statistics and meaningful analyses on the Business Value of BIM to the construction community, and trust that it will further enable experts and newcomers alike to grow their businesses."
"BIM leaders are quickly outdistancing their competition, and those who aren't preparing for this inevitable industry-wide transformation are going to struggle when the economy revitalizes," said Stephen Jones, Senior Director, McGraw-Hill Construction, and one of the authors of the Business Value of BIM Report. "More and more, owners are demanding the benefits of BIM on their projects. This is our future." 

"BIM remains a 'game changer,'" said Jay Bhatt, Senior Vice President, Autodesk Architecture, Engineering and Construction Solutions. "We are ecstatic that BIM adoption has increased so dramatically since last year. This is a true indication that BIM is being adopted by owners, architects, engineers and construction professionals throughout the industry. We expect BIM to continue to grow more prominent in the coming months and years." 

For a free download of the report, visit http://www.bim.construction.com . Information on the Business of BIM Conference and other regional events in New York (9/30), Texas (10/21-23), and Chicago (10/27) can be found at http://construction.com/events/bimevents/

The 2009 BIM Report is produced by McGraw-Hill Construction, with support from Premier Corporate Sponsor Autodesk. Corporate Contributor Sponsors include HOK, Mortenson Construction, Parsons Brinckerhoff, PCL Construction Enterprises, Turner Construction Company, and The Weitz Company. Association Premier Partners include the American Institute of Architects (AIA), American Institute of Steel Construction (AISC), Architecture Canada - Royal Architectural Institute of Canada, ASFE, Associated General Contractors of America (AGC), buildingSMART Alliance, Construction Users Roundtable (CURT), Design-Build Institute of America (DBIA), Mechanical Contractors Association of America (MCAA), and Sheet Metal & Air Conditioning Contractors' National Association (SMACNA). The U.S. Army Corps of Engineers is the government premier partner. Association Sponsors include the Construction Specifications Institute (CSI), National Association of Electrical Distributors (NAED), American Society of Civil Engineers (ASCE), American Society of Professional Estimators (ASPE), Construction Owners Association of America (COAA), American Subcontractors Association (ASA), Society for Marketing Professional Services (SMPS), and the American Council of Engineering Companies (ACEC).

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