Construction is one of the largest industries globally. As a result, construction plays a central role in the world economy; it creates jobs for millions of people, provides housing to almost everyone living on our planet, and builds commercial, industrial and civil infrastructures that enable economic growth.
Construction, however, faces significant challenges. Productivity is low and has been stagnant over the past decades. Skilled labor is in short supply and health and safety issues are abundant on jobsites. Carbon emissions are high and continue to rise.
In the face of these challenges, construction is transforming. Enabled by digitalization, construction is industrializing. BIM, pre-planning and pre-fabrication are increasingly used in construction projects around the world. Jobsite robotics is becoming a reality. Workflows are thus becoming more efficient and effective and will increasingly deliver productivity. Sustainability is becoming an important ingredient for our customers’ success and safety is moving up the agenda. Construction is becoming more productive, safer and more sustainable. In short, construction is becoming better.
This is a big transformation, and it is not an easy one. Historically, construction has been a traditional industry; workflows and processes have not fundamentally changed for generations. Our customers are thus looking for a partner in this transformation.
Hilti is best positioned to be this partner. With our focus on innovation, we help our customers to do things better. Our direct customer relationships keep us close to our customers, which helps us to better understand their needs and to develop corresponding solutions. When customers choose a partner to address this transformation, they want a company that they can trust, a company that will be around to help them in the long run. For many of our customers, we are precisely that company; we are the brand that our customers trust.
That is why we have defined Making Construction Better as our purpose.