The global construction industry experienced a 31% drop in company filings mentions of cybersecurity in Q4 2023 compared with the previous quarter, with the highest share accounted for by Johnson Controls International with 192% year-on-year increase, according to GlobalData’s analysis of over 251 construction company filings. GlobalData’s Construction: Filings Trends & Signals Q4 2023 report delves into earnings call transcripts and quarterly reports within the construction industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.

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Notably, cybersecurity was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of digitalization and connectivity, according to GlobalData.

Of the top leading companies in the construction industry, Johnson Controls International had the greatest increase in references for cybersecurity in Q4 2023, compared with the previous quarter. GlobalData identified 38 cybersecurity-related sentences in the company's filings - 2% of all sentences - and an increase of 192% in Q4 2023 compared with Q4 2022. Graco’s mentions of cybersecurity dropped by 11% to 16 and Parker Hannifin’s by 180% to 14 and 3M’s by 13% to 9 and CNH Industrial’s by 300% to 8.

GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cybersecurity in Q4 2023 was 183.

For further understanding of GlobalData's Construction: Filings Trends & Signals Q4 2023, buy the report here.

This content was updated on 8 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.