Wipfli Survey Reveals Construction Leaders Prioritize Technology, Cybersecurity
A new survey by accounting firm Wipfli reveals that construction executives are increasingly prioritizing technology investments to enhance efficiency and cybersecurity. According to the report, based on responses from over 300 industry leaders, 70% of firms experienced at least one cybersecurity incident in the past year, prompting many to boost spending on security measures. Additionally, more than half plan to upgrade or replace project management technologies within two years. The survey highlights a shift toward treating technology as a strategic asset rather than an overhead cost. Centralized governance and modernization are key themes, with larger firms leading in the adoption of standardized tech practices. Respondents also emphasized that lowering costs and streamlining operations remain top benefits driving these investments.
Topics: construction industry cybersecurity operational efficiency technology modernization