The construction industry is the last to keep up with technology advances. I just read an article from Bill Kracunas called, A Scorecard for Technology Debt. In it, Bill has develop a way to calculate the cost that companies are experiencing from the following elements; Ineffective technology leadership 30% Deficiencies in discipline, reporting, and strategic focus of the current IT systems 25% Outdated IT Systems 20% Misspending caused by under-spending, over-spending, misallocating strategic spending, or resource spending (business analysts instead of technical specialists) 15% Process chaos. Many organizations possess incoherent, cross-functional processes, resulting in multiple, separate systems and incomplete or conflicting data. 10% The cost of these elements are astounding. In an ENR.com article dated Dec. 2012 by Isaac Sacolick, […]