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How the industry can embrace touchless technology post COVID-19? - Business

The outbreak of COVID-19 has affected industries and communities globally, and the reported variety of instances continues to be on the rise. Whereas different industries have been immediate in adapting technology to reap the advantages, the building industry has been historically sluggish altering and hesitant in embracing new technological improvements. As a multi-trillion-greenback sector, the building industry is certainly one of the largest and most worthwhile industries in the world. In keeping with a report by McKinsey, if this industry adopts new instruments and technology, together with different measures, the output is estimated to extend by $1.6tn every year. In keeping with knowledge printed by Dubai Statistics Centre, in the UAE alone, the building industry contributed round 6.four% to the nation’s GDP in 2018. With many Dubai Expo-associated initiatives, anticipated market restoration post-lockdown and mega-residential initiatives in the pipeline for completion, some coun