Sometimes listening to an update call is more than a revenue report update on the recent acquisitions and technology advancements being announced by a company; it’s really about the vision of the leader at the helm.
Here at Constructech we have been talking about the impact of emerging technologies for quite some time. Things like AI (artificial intelligence), ML (machine learning), big data, and blockchain are changing the way the construction industry does business.
Quite candidly, something we don’t talk about enough in the construction industry—or any industry for that matter—is how to combat distracted driving. So many people are primarily concerned about what our teens are doing, but the fact of the matter is this epidemic is spreading fast and furious across all areas, and it is something construction companies need to be aware of among drivers and develop strategies to combat. (Although our own Peggy Smedley makes an effort every April to tackle the crises on her podcast in the hopes of raising greatest awareness).
I always pause when I hear about new emerging technologies—because quite candidly, technology only brings value if it solves a critical business problem.
I recently came across an interesting report that less than half of construction finance data is centralized—and quite honestly, it doesn’t surprise me. However, what is promising is the amount of individuals that recognize the potential impact of AI (artificial intelligence) and automation.
Building sustainable and energy-efficient structures has been evident in the construction industry for more than a decade. However, it has reached a tipping point and is now an integral part to business success. Homebuilders, for example, are delivering more energy-efficient homes than ever before.
Let’s talk safety for a minute here. It is so impressive that safety is perhaps one of the greatest core values of many of the construction companies across the country. This certainly has been an evolution, of sorts, throughout the past century—but, quite frankly, we are only just getting started.
Taking place from April 8-14, bauma has seen a multitude of announcements. From AI (artificial intelligence), to GNSS (global navigation satellite system), to grade control, and more, the event has highlighted manufacturers making big moves to advance construction equipment, all with the help of emerging technologies.
If you have been following what we write about here or over on Connected World, you know connected devices are proliferating industries—with growth predictions in the billions.
Technology continues to advance for the construction industry—particularly on the jobsite. We are seeing more drones in the sky and more automated equipment on the ground. Key to project success is keeping an eye on the project—which includes everything from workers, to equipment, and beyond.