VR (virtual reality) is a technology that is being used in many fields. Construction is one where the possibilities of VR are still often untapped. Some sister industries are using VR in ways that are making construction take notice.
UAVs (unmanned aerial vehicles), commonly known as drones, have a great deal of potential to be explored for commercial applications. Major industries, government agencies, and other organizations are all actively assessing the opportunity for drones to disrupt the market and create innovative business models.
High-precision positioning information is increasingly used in fields such as agriculture, construction, and disaster prevention. Demand for such information is expanding worldwide for both land-based and maritime applications.
As automation continues to advance and become more affordable, innovations are needed to meet growing demands and allow buyers to stay connected to their homes.
As the demand for new residential construction continues, more builders are turning to panelization, the prefabrication of structural building components in a factory instead of the jobsite.
Software solutions for the jobsite are starting to be tailored to the construction company more and more.
The construction industry is still facing many challenges. With that being said, 50 technology companies are looking to help commercial and residential contractors repair infrastructure, tackle smart cities, and conquer Big Data.
New to the market in 2015, LotVue is a family of application that enables the construction industry to collaborate and engage.
Green building is becoming more prevalent in the construction world. Green home building is also finding its footing in the market.
Thomas Wolf, chairman & CEO at RIB Software AG, www.ribamericas.com, recently sat down with me to discuss what needs to happen so that both the construction and manufacturing industries can embrace the Internet of Things and how emerging technology and digitization will make a difference to companies’ bottomlines.