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The first part of chapters examines the historical evolution of data manage-ment in the construction industry, from primitive records on physical media to modern digital ecosystems. It analyzes the transformation of information management technologies, the emergence of ERP -systems and the impact of data fragmentation on the efficiency of business processes. Special atten-tion is paid to the process of information digitalization and the growing im-portance of objective analysis instead of subjective expert assessments. The exponential growth of information volumes faced by the modern construc-tion industry and the associated challenges for enterprise systems are ex-amined in detail. The positioning of the construction industry in the context of the fourth and fifth industrial revolutions is explored, as well as the poten-tial of using artificial intelligence and data-centric approaches to create sus-tainable competitive advantage.