Share this article

The global construction industry experienced a 64% drop in company filings mentions of internet of things in Q3 2023 compared with the previous quarter, with the highest share accounted for by Cummins with 120% year-on-year increase, according to GlobalData’s analysis of over 168 construction company filings. GlobalData’s Construction: Filings Trends & Signals Q3 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.

Smarter leaders trust GlobalData


Premium Insights Construction: Filings Trends & Signals Q3 2023

Buy the Report

Premium Insights

The gold standard of business intelligence.

Find out more

Notably, internet of things was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of cryptocurrencies and batteries, according to GlobalData.

Of the top leading companies in the construction industry, Cummins had the greatest increase in references for internet of things in Q3 2023, compared with the previous quarter. GlobalData identified 11 internet of things-related sentences in the company's filings - 0.4% of all sentences - and an increase of 120% in Q3 2023 compared with Q3 2022. ABB’s mentions of internet of things rose by 14% to 8 and Eaton Corporation’s by 100% to 8 and Johnson Controls International’s by 25% to 6.

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 internet of things in Q3 2023 was 100.

For further understanding of GlobalData's Construction: Filings Trends & Signals Q3 2023, buy the report here.

This content was updated on 12 October 2023

Premium Insights


The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.


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.