Digital innovation as a catalyst for transformation in the construction industry

Philipp Hiemer

The gap between demand and supply for affordable and desirable living space in Germany is growing. Yet, the construction industry is facing an unprecedented crisis of missing skilled labor, dropping productivity and misleading investments. Philipp Hiemer utilizes his findings on the topic to synthesize and embed them into a potentially viable business model that radically rethinks the way socio-economic value is created. He visualizes vital elements of the process and shows an approach to depict a realistic utopia of affordable, sustainable and adaptable space for future generations.