How does the construction value chain look like? Is there anything specific about it?

The construction value chain is notably complex and fragmented, involving a wide range of stakeholders such as architects, engineers, contractors, suppliers, and facility managers. 

As a traditionally low-digitalised sector, it has been slower to adopt modern technologies compared to other industries. This fragmentation and lack of digitalisation make interoperability and the seamless sharing of information especially critical. 

The lifecycle of construction products is typically long, often spanning decades, which adds further complexity to managing data and sustainability over time. This long lifecycle necessitates the use of persistent markings and unambiguous identification to ensure that products can be accurately tracked, managed, and reused throughout their lifespan. 

Additionally, construction has one of the largest environmental footprints of any sector. Increasingly stringent regulatory requirements are expected to accelerate the push toward digitalisation, driving improvements in efficiency, transparency, and environmental performance. 

In this context, standardisation and the adoption of global open standards that can be used consistently throughout the entire value chain will be essential to enabling collaboration, reducing inefficiencies, and future-proofing the sector.