“The role of the CEO is to enable people to excel, help them discover their own wisdom, engage themselves entirely in their work, and accept responsibility for making change.” These words come from Vineet Nayar, author of Employees First, Customers Second: Turning Conventional Management Upside Down, and are apropos, considering many of the management changes the construction-technology space has seen in just the past week alone.
The construction industry has entered the era of the connected enterprise, when businesses are leveraging data at a faster pace than ever before. As this digital transformation occurs, there are a number of factors contractors need to keep in mind in order to connect and analyze operational systems and data.
Every year at about this time I like to take a look at the predictions and trends that are forecasted for technology in the year ahead. I typically dig into the trends emerging in hardware, software, and IT services to identify market challenges and opportunities, in hopes of getting a glimpse into what is to come for the construction industry. What I have discovered is worldwide IT spending looks to show little growth—with the exception of a few key categories.
This is the third, and final installment in a three-part series that looks at how data is the key to unlocking greater productivity, ultimately improving the bottomline. In the first two blogs, I looked at how this new age of information is transforming the office and the jobsite. In this blog, I will look at how that data can then be used throughout the lifecycle of a building or infrastructure—as this is where the rubber meets the road for long-term profitability.
To kick off the New Year, I am exploring the concept of data in a three-part blog series, identifying how construction companies can harness all of the data that exists within the office, on the jobsite, and throughout the lifecycle of a facility.
Data is the key to unlocking greater productivity, which will improve the bottomline. We have been saying this here at Constructech for 20 years. And now a new age of information is set to transform how the construction industry does business. But the greater question remains: How can construction companies harness all of this data that exists within the office, on the jobsite, and throughout the lifecycle of a facility?
Let’s have a discussion about the Internet of Things here for minute. I am seeing startups, partnerships, and initiatives emerge for the IoT (Internet of Things) in the construction industry in the past few months, but I think it is important to take a step back, look at the history of IoT, and identify how it is going to impact construction—because there are really two very different ways it will impact business in the year ahead.
In the past few years, I have read report after report that predicts BIM (building information modeling) growth, and I am sometimes left a little bit mystified.
Last week, two tech powerhouses made an announcement that is going to transform how the construction industry does business in the future. It aims to combine the world of 5D BIM (building information modeling) software and supply-chain solutions.
Here at Constructech, we have been talking about 3D printing—and its implications for the construction industry—for years. Well, now, all the talk is becoming a reality, as homes are more often being 3D printed in the United States.