Dive Summary:

• According to McGraw-Hill Construction's SmartMarket Report, "The Business Value of BIM in North America: Multi-Year Trend Analysis and User Ratings (2007–2012)," implementation of building information modeling (BIM) in the industry has grown from 17% in 2007 to 70% in 2012.
• Despite the economic recession, an increasing number of builders are investing in the technology; according Phil Bernstein, vice president of strategic industry relations at Autodesk, those who adopt BIM are reaping such benefits as "better profits, more accurate documentation, less rework, reduced project duration, fewer claims and the ability to offer new services."
• Amongst builders who are experienced experts at BIM and use it on 60% or more of their projects, 67% reported a very positive return on investment; 52% of those same builders saw increased profits as a direct result of using BIM.

From the article:

"... 'Though it may seem counterintuitive to increase spending during a recession, the research indicates that the industry is continuing to invest in a more efficient and productive future by embracing technologies and processes of BIM,' said Stephen Jones, senior director at McGraw-Hill Construction and research director of the report. ..."