The National Federation of Builders (NFB) has found that the vast majority of its contractors have implemented digital transformation and a substantial majority found it delivered sustainable business improvements, following a digital ‘straw-poll’ conducted at the organisation’s Construction Summit conference. The NFB has published a new research briefing entitled ‘Technological Transformation and Cyber Security Insights from Construction Contractors’, revealing that contractors have embraced digital transformation, found it successful, invested in digital-training, and are motivated by the business case to do so. The research also shows that contractors are taking cyber security seriously, with half of all those asked having an appointed person to lead their cyber defences and a third assessing their cyber risk on a monthly basis. However, there is still work to do, as the survey shows there is a lack of strategic leadership for digital transformation and a lack of general awareness of cyber security policies and procedures within the company’s asked. The non-scientific research findings show that: Digital Transformation 8 in 10 contractors say they have implemented digital transformation in their company. Two-thirds of contractors report sustainable business improvements from digital transformation. The majority of contractors are motivated to undertake digital transformation because of competitive […]
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