Peggy Smedley Show podcast

Prediction for 2027: Data as an Asset

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Peggy continues her five-part series of predictions for 2027 by looking at how construction companies could begin treating historical data as a valuable business asset. For her third prediction, Peggy says 2027 could be a turning point as construction companies move beyond simply storing years of project information and begin using that data to inform better decisions, transfer knowledge, and improve future projects.

She also encourages listeners to:

· Organize and connect historical project data so it can be easily accessed and used.

· Use AI to uncover patterns across past projects, including cost overruns, delays, risks, and project performance.

· Capture the knowledge and lessons behind the data so experience can be shared with the next generation of workers.

· Treat historical data as more than an archive and use it as a competitive advantage for future projects.

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