flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Innovation abounds, but will it lead to growth for AEC Giants?

Giants 400

Innovation abounds, but will it lead to growth for AEC Giants?

Engineering firms such as Arup, Glumac, and Thornton Tomasetti are leveraging their in-house expertise to develop products and tools for their design teams, clients, and even the competition. 


By David Barista, Editorial Director | July 12, 2017

Pixabay Public Domain

A quick scan of our 41st annual Giants 300 report reveals a wealth of technology and business innovations across every major building sector and industry discipline.

Architecture firms are developing advanced tools and apps—such as HKS’s “Lab in a Bag” sensor network and Perkins+Will’s “Hazel” infrastructure modeling tool—to help improve the design process and enhance outcomes. They’re adopting emerging technologies like AR/VR and computational design at a breakneck pace, and they are tapping into the deluge of project data in new and inventive ways. They’re also reinventing continuing education with hands-on learning opportunities that take CE to the streets.

Engineering firms such as Arup, Glumac, and Thornton Tomasetti are leveraging their in-house expertise to develop products and tools for their design teams, clients, and even the competition. Some of these products, like Glumac’s G Cloud personal environmental control platform, are the first of their kind. Others, such as Thornton Tomasetti’s Hummingbird Kinetics compact mass damper, are fresh takes on time-tested technologies.

Construction firms are leveraging prefabrication, modularization, VDC, gaming, 3D laser scanning, and other progressive tools and processes to minimize risk, speed delivery, and improve quality control on projects. Case in point: Using BIM and prefabrication, Turner Construction was able to execute a complex, 20,000-sf mechanical penthouse piping fitout in a MIT research building in just four months—a third of the time it would have taken using traditional coordination methods, according to the firm.

Terms like “predictive data analytics,” “machine learning,” and “data visualization” are becoming mainstream in the AEC market. Firms are looking outside the industry for specialists in these emerging fields. They’re also beefing up their investment in and resources for in-house R&D and innovation programs, and are creating quasi think tank cultures with a startup-like vibe.   

As an industry observer, I’ve been fascinated by this transformation. But it leads me to wonder, Is the race to innovate leading to healthier bottom lines for AEC firms?

While it’s too early to tell for most firms, several companies report financial gains and new business as a direct result of R&D- and innovation-related initiatives. SmithGroupJJR’s Russ Sykes points to the firm’s more progressive culture (kicked off in 2014) as a key reason for its 15% YOY average growth rate—vs. 8% when the firm had a “conservative culture” (more at: BDCnetwork/SGJ). And, as reported last year, Little’s LaceUp mini-grant R&D program has funded more than 40 unique projects, including one—the Center for Building Performance—that is responsible for winning 14 jobs for the A/E firm.

For other firms, the investment in innovation is viewed as a new cost of doing business in the increasingly competitive and chaotic AEC marketplace.

Related Stories

| Aug 12, 2016

Top 30 Science + Technology Construction Firms

Skanska USA, Suffolk Construction Co., and The Whiting-Turner Contracting Co. top Building Design+Construction’s annual ranking of the nation’s largest science + technology sector construction and construction management firms, as reported in the 2016 Giants 300 Report.

| Aug 12, 2016

Top 40 Science + Technology Architecture Firms

Perkins+Will, HDR, and HOK top Building Design+Construction’s annual ranking of the nation’s largest science + technology sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.

| Aug 12, 2016

OFFICE GIANTS: Technology is giving office workers the chance to play musical chairs

Technology is redefining how offices function and is particularly salient in the growing trend of "hoteling" and "hot seating" or "free addressing."

| Aug 12, 2016

Top 70 Office Engineering Firms

Jacobs, AECOM, and Thornton Tomasetti top Building Design+Construction’s annual ranking of the nation’s largest office sector engineering and E/A firms, as reported in the 2016 Giants 300 Report.

| Aug 12, 2016

Top 100 Office Construction Firms

Turner Construction Co., Structure Tone, and Gilbane Building Co. top Building Design+Construction’s annual ranking of the nation’s largest office sector construction and construction management firms, as reported in the 2016 Giants 300 Report.

| Aug 12, 2016

Top 100 Office Architecture Firms

Gensler, HOK, and Perkins+Will top Building Design+Construction’s annual ranking of the nation’s largest office sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.

| Aug 11, 2016

RETAIL GIANTS: Retailers and developers mix it up to stay relevant with shoppers

Retail is becoming closely aligned with entertainment, and malls that can be repositioned as lifestyle centers will have enhanced value.

| Aug 10, 2016

Top 50 Retail Engineering Firms

Jacobs, Henderson Engineers, and WSP | Parsons Brinckerhoff top Building Design+Construction’s annual ranking of the nation’s largest retail sector engineering and E/A firms, as reported in the 2016 Giants 300 Report.

| Aug 10, 2016

Top 80 Retail Construction Firms

VCC, PCL Construction Enterprises, and The Whiting-Turner Contracting Co. top Building Design+Construction’s annual ranking of the nation’s largest retail sector construction and construction management firms, as reported in the 2016 Giants 300 Report.

| Aug 10, 2016

Top 90 Retail Architecture Firms

Gensler, GreenbergFarrow, and MG2 top Building Design+Construction’s annual ranking of the nation’s largest retail sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.

boombox1
boombox2
native1

More In Category




Giants 400

Call for surveys: 2024 Giants 400 Report

Building Design+Construction's annual Giants 400 Report ranks the nation's top architecture, architecture/engineering (AE), engineering/architecture (EA), general contractors, and fee-based construction management (CM) firms, by revenue. You’ll want to be sure your firm is on the Giants 400 lists, as potential clients look to these rankings for prospective firms to design and construct their future projects.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021