How technology is creating new AEC industry jobs

The AEC industry is one of the oldest and most stable sectors in the world. However, it is not immune to the changes and challenges brought by technology. In fact, technology is transforming and disrupting every aspect of the architecture, engineering, and construction industry, from how properties are designed and built, to how they are marketed and sold, and to how they are operated and maintained.

Technology is not only changing the way AEC professionals and consumers interact with properties, but also creating new opportunities and demands for new skills and roles in the industry. Technology is creating new jobs for people who can leverage these technologies to provide better services and solutions for their clients and stakeholders. In this blog, we will explore some of the emerging technology trends that are impacting the AEC industry jobs and the future of the job trends.

Virtual reality (VR) and Augmented reality (AR) are technologies that create immersive and interactive experiences that simulate or enhance reality. VR uses headsets or goggles to transport users to a virtual environment, while AR uses devices such as smartphones or glasses to overlay digital information onto the real world.

VR and AR have many applications in the AEC industry, such as:

  • Providing virtual tours of properties that are not physically accessible or available
  • Enhancing the visualization and customization of properties for buyers and sellers
  • Creating engaging and realistic marketing and branding campaigns for properties and developers
  • Providing training and education for professionals and consumers

VR and AR are creating new AEC industry jobs for professionals who can leverage these technologies to provide better services and experiences for their clients. Some of these jobs include:

  • VR/AR developer: A VR/AR developer is someone who creates VR/AR applications and content for the AEC industry. They need to have skills in programming, design, animation, 3D modeling, and user interface.
  • VR/AR consultant: A VR/AR consultant is someone who advises AEC professionals and consumers on how to use VR/AR technologies effectively. They need to have skills in communication, marketing, project management, and customer service.
  • VR/AR specialist: A VR/AR specialist is someone who operates and maintains VR/AR equipment and software for the real estate industry. They need to have skills in troubleshooting, technical support, installation, and maintenance.

Blockchain is a technology that enables secure and transparent transactions without intermediaries. It is a distributed ledger that records transactions in blocks that are linked together by cryptography. Smart contracts are self-executing agreements that are encoded on the blockchain. They can automate transactions based on predefined rules and conditions.

Blockchain and smart contracts have many applications in the AEC industry, such as:

  • Reducing transaction costs and risks by eliminating middlemen such as escrow agents, title companies, lawyers, etc.
  • Improving transaction speed and efficiency by streamlining processes such as verification, validation, recording, etc.
  • Enhancing transaction security and trust by providing immutable and verifiable records of ownership, identity, history, etc.
  • Enabling new business models such as fractional ownership, tokenization, crowdfunding, etc.

Blockchain and smart contracts are creating new AEC industry jobs for professionals who can leverage these technologies to provide better services and solutions for their clients. Some of these jobs include:

  • Blockchain developer: A blockchain developer is someone who creates blockchain applications and smart contracts for the real estate industry. They need to have skills in programming, cryptography, distributed systems, and web development.
  • Blockchain consultant: A blockchain consultant is someone who advises professionals and consumers on how to use blockchain technologies effectively. They need to have skills in communication, business analysis, strategy, and innovation.
  • Blockchain specialist: A blockchain specialist is someone who operates and maintains blockchain platforms and smart contracts for the real estate industry. They need to have skills in troubleshooting, technical support, security, and compliance.

Artificial intelligence (AI) is a term that refers to the ability of machines to perform tasks that normally require human intelligence, such as learning, reasoning, decision making etc.

Big data and AI have many applications in the AEC industry, such as:

  • Providing data-driven insights and recommendations for buyers and sellers
  • Enhancing the valuation and appraisal of properties using predictive analytics
  • Optimizing the design and construction of properties using generative design and simulation
  • Reducing human errors and time taken for code compliance reviews
  • Improving the operation and maintenance of properties using smart sensors and automation
  • Personalizing the marketing and branding of properties using natural language processing and computer vision

Big data and AI are creating new jobs for AEC professionals who can leverage these technologies to provide better services and solutions for their clients. Some of these jobs include:

  • Data scientist: A data scientist is someone who collects, analyzes, and interprets large amounts of data for the AEC industry. They need to have skills in statistics, mathematics, programming, and machine learning.
  • AI developer: An AI developer is someone who creates AI applications and models for the AEC industry. They need to have skills in programming, algorithms, neural networks, and deep learning.
  • AI consultant: An AI consultant is someone who advises AEC professionals and consumers on how to use AI technologies effectively. They need to have skills in communication, business analysis, coding, strategy, and innovation.

Some examples of how big data and AI are used in the AEC industry are:

  • Autodesk: Autodesk is a software company that provides design and engineering solutions for various industries including AEC. Autodesk working on products that use AI and machine learning to enable generative design, which is a process that uses algorithms to generate multiple design options based on predefined goals and constraints. Autodesk BIM 360 also uses simulation tools to test and optimize the performance of buildings in terms of energy efficiency, structural integrity, etc.
  • IBM: IBM is a technology company that provides various solutions for various industries including AEC. IBM uses big data and AI to enable smart buildings, which are buildings that use sensors, analytics, and automation to monitor and control various aspects such as temperature, lighting, security, etc. IBM also uses natural language processing and computer vision to create personalized marketing campaigns for properties using Watson Ads.

Technology is transforming and disrupting the AEC industry in many ways. It is creating new opportunities and challenges for AEC professionals and consumers alike. It is also creating new jobs for people who can leverage these technologies to provide better services and solutions for their clients and stakeholders.

If you want to learn more about how technology is creating new AEC industry jobs, you can contact us. We are America’s fastest growing managed architectural services firm providing Team and AI solutions for architects, engineers, and developers. We can help you with your technology needs and goals.

If you are interested in pursuing a career in the AEC industry or advancing your existing career, you should consider acquiring the skills and knowledge required to use these technologies effectively. You should also keep yourself updated on the latest developments and innovations in these fields. Technology is creating new jobs in industry, but it is also changing the nature and expectations of these jobs. You need to be prepared to adapt and thrive in this dynamic environment. We can also help you with your career development and opportunities. We look forward to hearing from you soon.

Fastest growing cities in the US: Austin, Texas

Economists generally agree that economic development and growth are influenced by four major factors: human resourcesphysical capitalnatural resources and technology. Growth in human capital and physical capital often explains only half or less than half of the economic growth that occurs. Technology is one of the most important contributors to economic growth, especially in the US.

Using these parameters, we are profiling the fastest growing cities in the US. And on the top of our list in the state capital of Texas, Austin.

Austin, one of the sunniest cities in America enjoying 300 days of sunshine on average every year, has emerged as the second fastest growing city in the country, falling just behind the San Francisco Bay area. 

An influx of heavy hitting tech companies, a high concentration of venture capital, vibrant cultural offering and a warm climate are driving Austin’s economic output and population growth. 

Data from the Texas Water Development Board (TWDB) which is used to assist in infrastructure development and conservation efforts anticipate Texas’ statewide population to grow more than 70% in a fifty-year timespan, jumping from 29.7 million residents in 2020 to 50.5 million in 2070. 

By 2040, Austin metro’s population is expected to surpass San Antonio metro population size for the first time. Under 2020 estimates, the Austin MSA’s fine county coverage areas currently have a population of 2.3 million but will be pulling in 3.3 million residents by 2040. The census recorded 961,855 people in 2020 in the current metro area. Currently, in 2023 it is at 2,228,000, a 2.39% increase from 2022. 

Some of the key growth areas surrounding the urban cores in the Austin region include counties like Bastrop, Hays and Caldwell, said Todd Danielson, VP of Engineering at Texas Water Utilities. Downtown Austin has surpassed pre-pandemic levels for development growth.

Austin is the fastest growing city for millionaires, according to the 2023 Wealth Report by Henley and Partners. A millionaire growth rate of 102% puts Austin on top of the list. In a news report on regional economic trends, the American Growth Project ranked Austin as the second fastest growing city.

Lila Valencia, the city demographer of Austin, sees unemployment at very low levels and still leading in terms of growth. Valencia says that the growth that Austin has seen in the last ten years is likely to continue into the foreseeable future.

The types of industries that are growing in the area are tech, finance and real estate. 

Infrastructure and Real Estate:Adam Perdue, research economist with the Texas Real estate Research Centre said that the Austin region and its leaders will need to be strategic in their planning to ensure sustainable growth. Austin today is often regarded as the best place to live in Texas as it offers its residents:

  • affordable cost of living, 
  • fantastic job opportunities, 
  • unique attractions,
  • and some of the best eclectic live music in the country

The city is recognized for its innovation and leadership in contributions to music, film, gaming and multidisciplinary digital experiences. Festivals such as South by Southwest (SXSW), Austin City Limits and the Fusebox Festival have made Austin a premiere cultural destination.

The city’s official slogan promotes Austin as the “The Live Music Capital of the World”. Austinites have also adopted the unofficial slogan,” Keep Austin Weird” which refers to the desire to protect small, unorganized local businesses from being overrun by large corporations. ‘Keeping Austin Weird” has been a popular local motto for years, featured on bumper stickers and T-shirts. 

Austin was selected as the No.2 Best Big City in ‘Best Places to Live In” by MONEY magazine as far back as 2006 and No.3 in 2009 and also the Greenest City in America by MSN.

Austin is considered a Beta – Level Global City as categorized by the Globalization of World Cities research work. Even Downtown Austin and Downtown San Antonio separated by approximately 80 miles may someday form a new ‘’metroplex’’ like Dallas and Fort Worth.

Austin’s impressive growth has come with some not so impressive consequences such as escalating housing prices. The median home value in Austin increased from $347,156 in August 2020 to $ 566,479 in August 2022, with average multifamily rents rising 10% year over year.  Cost of living in Austin is 9 % higher than the state average and 1% higher than the national average, housing is 16% more expensive than the US average while utilities are about 6% less pricey.

Austin has found its unique and distinguished place in peoples’ hearts for a lot many diverse reasons. Looking at it from the perspective of business, it is a great place to explore as the city expands and evolves into a bigger metropolis. Working with AEC firms in this region, we see a potential for massive investment in real estate and development in the next decade. 

Are you an AEC firm in Austin, looking for the right support to expand your business? We can help your future-proof your business and make the most of the immediate opportunities. Contact us.