Lisa Diaz of Turf Advisory on Construction Tech Software and the America's Infrastructure Tailwinds
In this episode, David Paul interviews Lisa Diaz, the founder of Turf Advisory, about the construction industry and the need for infrastructure investment. They discuss the challenges of government prioritization, the role of general contractors and subcontractors, and the low margins in the construction industry. They also explore the potential of construction technology to increase margins and address pain points in the industry. Lisa emphasizes the importance of integrating and connecting different systems and the need for standardization in construction. She also shares her excitement about using digital twins for infrastructure assessment and the opportunity for infrastructure repair. You can watch/listen to the podcast on YouTube, Spotify, and Apple.
Takeaways
The construction industry is in need of infrastructure investment to address deteriorating infrastructure and meet the growing demand for housing and transportation.
Government prioritization of infrastructure projects is influenced by politics and the most pressing needs, often resulting in a shortage of funding for necessary repairs and upgrades.
Construction technology has the potential to increase margins in the industry by improving efficiency and addressing pain points such as labor tracking and material delivery.
The adoption of construction technology faces challenges such as resistance to change and the need for standardization and integration among different systems.
Chapters
01:05 The Need for Infrastructure Investment
03:09 The Importance of Infrastructure to Joe Biden
04:15 Improving Infrastructure in New York City
05:19 Bidding and Contracting in the Construction Industry
06:13 Different Types of Construction and Contractors
07:38 The Role of General Contractors and Subcontractors
08:33 The Transition to Design-Build Contracts
09:20 Low Margins in the Construction Industry
10:17 Increasing Margins with Construction Technology
11:46 The Challenges of Construction Technology Adoption
13:02 Using Technology to Track Labor and Materials
14:53 Addressing Pain Points in Construction
16:15 The Importance of Integration and Connectivity
19:12 Regulatory Changes and Pain Points in Construction
20:40 Using Digital Twins for Infrastructure Assessment
23:16 The Need for Standardization in Construction
27:17 The Opportunity in Infrastructure Repair
29:38 Contacting Lisa Diaz and Turf Advisory
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