Figure 1
A circular diagram showing the impact of industry technologies on contract management.The circular diagram illustrates the “Key Areas of Industry 4.0 Impact on Contract Management and Technologies Used.” At the center of the diagram, in a white circular section, the text reads “Application of Industry 4.0 Technologies in Contract Management.” Surrounding this central circle are five colored outer sectors, each representing a distinct key area of impact. Starting from the top and moving clockwise, the first sector in light orange is labeled “Information Management and Traceability.” It contains smaller rectangular divisions arranged along the circular edge, labeled consecutively as “A R slash V R,” “R F I D,” “U A V s,” “Smart Contracts,” “Block Chain,” “Big Data,” “Cloud Computing,” “A I,” and “B I M.” The next sector, in light turquoise, is labeled “Smart Contracts.” It includes four rectangular divisions labeled “Cloud Computing,” “BIG DATA,” “A I,” and “B I M.” The third sector, in light green, is labeled “Cost Estimation.” It contains rectangular divisions labeled “B I M,” “A I,” “Cloud Computing,” “Big Data,” “Block Chain,” “SMART CONTRACT,” “Decision Support System,” “U A V s,” “R F I D,” and “A R slash V R.” The fourth sector, in light yellow, is labeled “Claim and Dispute Management.” It includes divisions labeled “B I M,” “A I,” “Cloud Computing,” “Block Chain,” “SMART CONTRACT,” and “Decision Support System.” The fifth and final sector, in light blue, is labeled “Tender slash Bid Phase.” It contains divisions labeled “B I M,” “U A V s,” “A I,” “Big Data,” “Block Chain,” “Smart Contracts,” and “Decision Support System.”

Application areas of Industry 4.0 in CLM for the AEC industry and corresponding technologies utilized in each area. Source: Authors’ own work

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