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The offsite and modular construction industry is booming. Over the coming 5 years analysts predict a fundamental shift in the construction industry, resulting in a new $256B annual profit pool up for grabs. This new demand has incentivized the founding of many new factories and the expansion of many currently operating modular businesses.
These factories, which are at various stages of production maturity, face an important choice. When is the best time to implement technology and is technology needed to improve and manage quality reporting and operational processes?
