Over the past year, numerous international firms have acquired or merged with a number of big Australian design and construction companies. This tells us we have the attention of the world market (in a good way) and therefore our businesses, the research undertaken and our service offerings, need to be structured such that it is relevant on the world stage as well as the Australian market. Access to thinking and expertise in markets outside our own is vital for remaining relevant in an age where the global reach of business (including new competitors) is ever expanding.
Global connectivity allows us to learn from what others are doing or have done. The different economies around the world tend to be in differing states of development or maturity at any given time. This provides an excellent opportunity to learn from the economic and socio-cultural transitions of others so that are less likely to repeat their mistakes, and more likely to understand their success. This is why being part of global research networks such as the CIB is so significant. The importance of international collaboration and is actively linking its multinational members via a series of task groups, such as the newly established TG90 – Information Integration in Construction. This Task Group will use industry-focused international case studies to examine efficient knowledge creation, preservation and integration across the life cycle of constructed facilities.