Core Insights - Only 27% of AEC firms currently utilize AI, but 94% of these firms plan to expand their AI usage in the coming year [1][4] - The report indicates that while AI adoption is limited, early adopters are experiencing significant returns on investment (ROI) [4][5] AI Integration Challenges - Despite the proven ROI of AI, firms face barriers such as the need for stronger data governance and compliance frameworks [2] - Skills gaps are a major challenge, with 19% of companies citing a lack of digital skills and 23% struggling to keep pace with rapidly changing technology [2] - 65% of surveyed companies invest less than 10% of their technology budgets on training [2] Early Adopters and ROI - 95% of early adopters use AI frequently throughout the building lifecycle, with nearly half reclaiming 500-1,000 hours on critical tasks [3][4] - 68% of early adopters have saved at least $50,000 through AI tools [4] Technology Investment Trends - 84% of firms plan to increase overall technology investment in 2026 [5] - 67% of AEC leaders report that digital tools are already enhancing productivity [5] Current Technology Usage - Only 11% of firms are fully digital, with many still relying on paper and legacy tools for key workflows [5] - 52% of firms continue to use paper during the design phase, and 49% during planning [6] Collaboration and Workflow Challenges - Nearly 40% of firms struggle with managing collaboration across the project lifecycle, particularly when teams are siloed [6] - Data sharing security (42%) and cost/complexity (33%) are the top integration challenges reported [4] Future Outlook - The report emphasizes the importance of integrating construction expertise with digital fluency to create competitive advantages [7] - The AEC industry is moving towards a more digital and collaborative future, with a focus on overcoming barriers related to complexity, culture, and connection [7]

Core Insights - Gannett Fleming TranSystems has rebranded to GFT, integrating multiple businesses into a unified platform for infrastructure consulting services [1] - GFT serves over 5,000 clients across North America, focusing on transportation, water, power, environmental, and federal markets [2] - The company has been recognized by Engineering News-Record, ranking 18 on the Top 500 Design Firms list and achieving high rankings in various sectors [2] Company Overview - GFT employs over 5,000 professionals and operates 130 offices, leveraging a 110-year legacy to provide long-term value [2] - The firm specializes in architecture, engineering, and construction (AEC) within key markets [5] Leadership Changes - Mike Orth has been appointed as the new CEO, bringing 36 years of leadership experience from Black & Veatch [3] - The leadership team emphasizes the importance of building on the company's strong foundation and delivering innovative solutions [4] Strategic Vision - The rebranding is seen as a strategic evolution aimed at enhancing technical excellence and client relationships [4] - The company aims to drive sustainable growth and expand opportunities for employees under the new brand [4][5] Investment Background - OceanSound Partners, a private equity firm, has invested in GFT with the goal of transforming it into a scaled and differentiated business [6]