BIM Adoption Expands from 17% in 2007 to over 70% in 2012, According to New McGraw-Hill Construction Report

 BIM Adoption Expands from 17% in 2007 to over 70% in 2012, According to New
                       McGraw-Hill Construction Report

PR Newswire

NEW YORK, Jan. 31, 2013

NEW YORK, Jan. 31, 2013 /PRNewswire/ --According to its latest SmartMarket
Report, "The Business Value of BIM in North America: Multi-Year Trend Analysis
and User Ratings (2007–2012)," produced by McGraw-Hill Construction, BIM
adoption expanded from 17% in 2007 to 71% in 2012, demonstrating impressive
growth despite the recent economic pressures.

"Though it may seem counterintuitive to increase spending during a recession,
the research indicates that the industry is continuing to invest in a more
efficient and productive future by embracing technologies and processes of
BIM," said Stephen Jones, senior director at McGraw-Hill Construction and
research director of the report.

"The results of the survey validate many key trends we are seeing in North
America — notably, the strong growth of BIM in construction and adoption
amongst owners, architects and engineers," said Phil Bernstein, vice
president, strategic industry relations at Autodesk. "The results also point
to the increased business benefits that all users derived from using BIM, such
as better profits, more accurate documentation, less rework, reduced project
duration, fewer claims and the ability to offer new services."

The report states that owners are becoming an important driving force to this
increased adoption. Patrick MacLeamy, CEO of HOK and chairman of
buildingSMART International, predicted, "Over the next ten years, building
owners will demand ever-increasing usage of BIM as a precondition, ushering in
a new era of accuracy, quality and sophistication for the building industry."

As a way to quantify users' level of commitment to BIM, McGraw-Hill
Construction developed a BIM Engagement Index, calculated from each BIM user's
skill level, years of BIM experience, and percentage their projects that use
BIM. McGraw-Hill Construction found that:

  o13% of BIM users demonstrate a very high BIM engagement level (e-level),
    requiring expert skill level, five or more years of experience, and
    implementation of BIM on more than 60% of their projects. 
  o67% of the very high e-level users report a very positive ROI on BIM (25%
    or higher) versus only 20% of low e-level BIM users, two-thirds of whom
    are at negative of break-even ROI.
  o52% of very high e-level users experience increased profits from their use
    of BIM compared to the 36% average for all users.

BIM, an innovative approach to design and construction for pioneering early
adopters just a few years ago, is now taking its place firmly in the
mainstream of the North American construction industry.

"McGraw-Hill's SmartMarket Report series on the Business Value of BIM has
provided the industry with relevant research and metrics on BIM adoption and
return on investment," said Mike Ozatalar, vice president and manager of
Engineering, Parsons. "Parsons is proud to be a sponsor of this report and
continues to provide contributions in the engineering and construction
industry in BIM and integrated design and delivery solutions."

For more key findings from the SmartMarket Report "The Business Value of BIM
in North America: Multi-Year Trend Analysis and User Ratings (2007–2012),"
visit http://bit.ly/ViCIzO.

About McGraw-Hill Construction: McGraw-Hill Construction's data, analytics,
and media businesses—Dodge, Sweets, Architectural Record, and Engineering
News-Record— create opportunities for owners, architects, engineers,
contractors, building product manufacturers, and distributors to strengthen
their market position, size their markets, prioritize prospects, and target
and build relationships that will win more business. McGraw-Hill Construction
serves more than one million customers through its trends and forecasts,
industry news, and leading platform of construction data, benchmarks, and
analytics. To learn more, visit www.construction.com.

About The McGraw-Hill Companies: The McGraw-Hill Companies (NYSE: MHP), a
financial intelligence and education company, signed an agreement to sell its
McGraw-Hill Education business to investment funds affiliated with Apollo
Global Management, LLC in November 2012. Following the sale closing, expected
in early 2013, the Company will be renamed McGraw Hill Financial (subject to
shareholder approval) and will be a powerhouse in benchmarks, content and
analytics for the global capital and commodity markets. The Company's leading
brands will include: Standard & Poor's, S&P Capital IQ, S&P Dow Jones Indices,
Platts, Crisil, J.D. Power and Associates, McGraw-Hill Construction and
Aviation Week. The Company will have approximately 17,000 employees in more
than 30 countries. Additional information is available at
www.mcgraw-hill.com.

Media Contact: Kathy Malangone, Senior Director, Marketing Communications,
McGraw-Hill Construction, +1 212-904-4376, kathy_malangone@mcgraw-hill.com

SOURCE McGraw-Hill Construction

Website: http://www.construction.com
 
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