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INVESTMENT IN INNOVATION WILL UNLOCK INDUSTRY’S TRUE POTENTIAL, SAY M&E FIRMS
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Hilti (Great Britain) Limited
11/02/2008
 
Almost two thirds (62 per cent) of mechanical and electrical (M&E) contractors believe the sector is failing to invest sufficiently in the new technologies and methods needed to improve its productivity, according to a new survey by tool and fixings manufacturer Hilti.

Almost forty per cent of companies questioned said they believed building services lagged behind other construction trades in adopting new tools, equipment and installation practices.

The survey of board-level directors within UK based M&E firms was carried out by Hilti to gain a deeper insight into the critical issues facing building services contractors in 2008 and beyond.

The findings follow recent research published by BSRIA, which claimed up to 16 per cent of available time on site was lost due to poor productivity.

Unsurprisingly, nine out of 10 firms cited the industry’s low margins as the main reason companies were holding back on long-term investment in innovation. However over 90 per cent of respondents said they planned to increase their focus on new technologies and methods in 2008.

Derek Gow, Head of Building Services at Hilti, commented: “The results of our survey suggest the M&E sector is being held back by a lack of investment in innovation.

“There are plenty of contractors responding to this challenge, embracing the latest tools and fixing technology to help drive through productivity increases. Cleary this best practice needs to spread.

“Clients are driving at this. We believe we have a role to play in demonstrating the productivity gains our technology can deliver for contractors and providing the right training and support to ensure those benefits are being achieved on site.”
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