CHICAGO, May 20, 2013 /PRNewswire/ -- Textura Corporation, the leading provider of collaboration solutions for the construction industry, announced today that it is a Sponsor of the Global Construction 2025 report – a global forecast for the construction industry to 2025, prepared and written by Global Construction Perspectives and Oxford Economics. Global Construction 2025 gives forecasts for growth across all major construction markets globally, and explains the key drivers. Global Construction 2025 is the third in a series of major global studies on construction by leading industry think-tank Global Construction Perspectives and Oxford Economics and highlights key opportunities for construction corporations looking for long-term growth markets.
"We are delighted Textura is a Global Sponsor of the Global Construction 2025 report," said Graham Robinson, Executive Director, Global Construction Perspectives. "Textura is committed to helping construction companies address the challenges of proper risk management, operating efficiency, and improved control over their projects and to developing a global presence. Textura's sponsorship demonstrates the importance they place on global thought leadership in construction."
The global construction industry faces continued challenges five years after the global financial crises started. However, the construction industry also faces new opportunities which have also emerged as well as a significant need for change to enable it to work differently and embrace new opportunities.
The construction industry is globalizing rapidly, and whilst some construction markets are still yet to see any sustained recovery from the global recession, other markets are expected to see significantly higher growth. Many construction companies around the world are looking for growth in new markets, and are also expanding by examining traditional business models.
"The Global Construction 2025 report is the definitive overview of one of the most important sectors of the global economy, we believe" said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "We have found it invaluable in preparing our global strategy, and in our opinion it is an important tool for all construction industry professionals to understand the forces shaping both the global industry and their markets."
The Global Construction 2025 report will be launched on July 1st in London and will be supported by Textura.
About Global Construction 2025
Global Construction 2025 is a major global study of the global construction industry – a key industrial sector in transition. The report and global construction database provides accurate and reliable forecasts and analyses the market dynamics of all major construction markets globally. The report and database also examine trends and give forecasts for key sectors such as infrastructure, residential and non-residential markets globally. The report is an invaluable tool for senior executives and policy makers who seek to gain a clear perspective on the global construction industry. The forecasts and report are written by an expert team from Global Construction Perspectives and Oxford Economics.
Textura is the leading provider of collaboration and productivity tools for the construction industry. Our solutions serve all construction industry professionals across the project lifecycle – from takeoff, estimating, design and pre-qualification to bid management, submittals, LEED® management and payment – on a single, integrated platform.
Textura's collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks. With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation. www.texturacorp.com
SOURCE Textura Corporation