FIATECH

As part of our ongoing effort to provide cutting-edge intelligence on Interoperability and BIM to the industry, McGraw-Hill Construction Research & Analytics has just released the third in its ongoing series of BIM-themed reports, entitled The Business Value of BIM: Getting Building Information Modeling to the Bottom Line.

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The report findings demonstrate that BIM adoption has grown dramatically, with BIM now used by half the construction industry. The Business of BIM was released on September 22nd at our first National BIM Conference in San Francisco, CA.

Key findings from the report include:

• 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 represents the North American average of 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 they rate this as among the greatest current benefits of BIM.