Waterman join industry leaders in bid for new Consultancy Sector Futures Institute
Leading businesses from across the industry have joined forces to call for the establishment of a £225m, five-year programme which would transform the built environment sector by harnessing the digital revolution.
In a letter to Construction Minister Nadhim Zahawi, the consultancy leaders declared their commitment to launch the Consultancy Sector Futures Institute (CSFI) and called for the Government to provide further financial backing in the upcoming budget.
Drawn from extensive research by the Association of Consultancy and Engineering’s (ACE) Future of Consultancy campaign, the new institute would focus on securing the future of the industry by developing skills, whilst delivering sustainable consultancy business models, embracing emerging technology and collaborating through data-sharing.
ACE chief executive, Hannah Vickers, said; “This coming together of the industry to support long term objectives in skills and innovation, overcoming our natural competitive tendencies, shows the strength of belief we collectively have in the ambitions of this programme. There are great benefits to delivering a better built environment for our clients and for wider society.”
The CSFI would be co-developed by ACE member companies and academic partners, including Loughborough University, the University of Salford and University College London.
Hannah continues; “With our industry on the brink of the fourth industrial revolution, the institute will help every consultancy transition successfully – from the largest global firms to the most specialist SMEs. This programme will build on our current position as world leaders and set a new global standard for consultancy and engineering in the built environment.”
Waterman’s Chief Executive, Nick Taylor, said; “We are fully behind the establishment of the CSFI, joining other leaders to invest in the future of our industry. The institute will help us incorporate emerging technologies, deliver a Net Zero Carbon built environment and consolidate the industry’s efforts as we tackle the climate emergency.”