Globalization to Impact AEC, Says CEO

05/23/2005


Globalization will have a major impact on the AEC industry over the next two decades, predicted Nicholas Masucci, CEO of The Louis Berger Group, at his keynote address at the BST Information Technology Forum In Palm Beach, Fla.

The Forum is presented by BST, Tampa, Fla., an integrated solutions provider for professional organizations, every two years for senior executives in AEC organizations.

"Although we all tend to think of globalization in terms of manufacturing, over the next 20 years we will see it extend increasingly to services," Masucci said. "The result of this trend will be increased competition. Forming a new firm or entering a new market is relatively easy in this industry as we have manageable costs compared to other industries. Consequently, we will have a highly competitive industry with tens of thousands of participants."

Other predictions included a heightened need for security—and the resulting increase in security work for AEC firms—in emergency reconstruction and nation building, and an increase in the use of private capital for financing public infrastructure.





Product of the Year
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
40 Under Forty: Get Recognized
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
MEP Giants Program
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
July 2018
Integrating electrical and HVAC systems, emerging trends in fire, life safety, ASHRAE 90.4
June 2018
Chilled-water system design, NFPA 99, Grounded power supply systems
May 2018
40 Under 40 winners, fire and life safety, performance-based designs, and more
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
Data Center Design
Data centers, data closets, edge and cloud computing, co-location facilities, and similar topics are among the fastest-changing in the industry.
click me