The construction industry, one of the world’s top 10 employers, faces growing urbanization, especially in developing countries, and a need for new infrastructure across the globe. Forward-looking firms, including new competitors, are using construction technology to bridge the productivity gap. Technologies, such as blockchain, 3-D printing, drones and building information management systems and digital twins, are transforming the industry by cutting costs and time, helping construction to be more efficient, and becoming more sustainable. It’s a critical time – firms must tackle legacy issues, as well as plan for a digital future.