How Is Cloud Storage Revolutionizing the AEC Industry?

The Architecture, Engineering, and Construction (AEC) industry is currently undergoing a significant digital transformation, with cloud storage emerging as a key driver of change. The latest data insights indicate that AEC firms have markedly increased their data storage capacity, reporting an annual compounded growth rate of 50.3%. This has seen their storage requirements leap from 3.34 terabytes in 2018 to a whopping 25.64 terabytes in 2023. Triggered by the pandemic’s push toward remote working and continued thereafter for its myriad benefits, cloud storage technology has enabled AEC companies to seamlessly manage vast amounts of data, enhancing productivity and facilitating global collaboration.

In particular, the construction sector within the AEC industry has set a precedent for active collaboration via cloud technologies, with a 29-fold increase in cross-team coordination. This leap in data exchange and shared project management underscores the vast potential cloud storage has unlocked for complex, multi-stakeholder projects. Nonetheless, this surge comes with its challenges, as 60% of recurring IT issues are traced back to construction, likely reflecting the broad stakeholder spectrum and governance protocols in need of refinement.

Cybersecurity and the Future of Cloud in AEC

Egnyte’s analysis of over 4,000 companies underscores the critical demand for secure and efficient cloud solutions in AEC firms, necessitated by the upsurge in cybersecurity threats. As Ronen Vengosh of Egnyte reveals, the industry’s lean towards digital tools is a trend with no signs of abating, solidifying the cloud’s role in AEC’s future.

The advent of cloud technologies marks a pivotal turn in AEC, crucial not just for data management but for cybersecurity and compliance. The digital era compels AEC companies to embrace virtualized resources, a move that isn’t just about staying competitive but also about meeting evolving standards. The intertwining of efficiency and security highlights a major industry shift, asserting their equal importance in the push for AEC innovation. This change mirrors a wider tendency to integrate operational effectiveness with stringent security as integral components of modern architectural, engineering, and construction sectors.

Explore more

Review of Linux Mint 22.2 Zara

Introduction to Linux Mint 22.2 Zara Review Imagine a world where an operating system combines the ease of use of mainstream platforms with the freedom and customization of open-source software, all while maintaining rock-solid stability. This is the promise of Linux Mint, a distribution that has long been a favorite for those seeking an accessible yet powerful alternative. The purpose

Trend Analysis: AI and ML Hiring Surge

Introduction In a striking revelation about the current state of India’s white-collar job market, hiring for Artificial Intelligence (AI) and Machine Learning (ML) roles has skyrocketed by an impressive 54 percent year-on-year as of August this year, standing in sharp contrast to the modest 3 percent overall growth in hiring across professional sectors. This surge underscores the transformative power of

Why Is Asian WealthTech Funding Plummeting in Q2 2025?

In a striking turn of events, the Asian WealthTech sector has experienced a dramatic decline in funding during the second quarter of this year, raising eyebrows among industry watchers and stakeholders alike. Once a hotbed for investment and innovation, this niche of financial technology is now grappling with a steep drop in investor confidence, reflecting broader economic uncertainties across the

Trend Analysis: AI Skills for Young Engineers

In an era where artificial intelligence is revolutionizing every corner of the tech industry, a staggering statistic emerges: over 60% of engineering roles now require some level of AI proficiency to remain competitive in major firms. This rapid integration of AI is not just a fleeting trend but a fundamental shift that is reshaping career trajectories for young engineers. As

How Does SOCMINT Turn Digital Noise into Actionable Insights?

I’m thrilled to sit down with Dominic Jainy, a seasoned IT professional whose deep expertise in artificial intelligence, machine learning, and blockchain uniquely positions him to shed light on the evolving world of Social Media Intelligence, or SOCMINT. With his finger on the pulse of cutting-edge technology, Dominic has a keen interest in how digital tools and data-driven insights are