Despite the split U.S. Congress, infrastructure historically is one of those issues that gets bi-partisan support. With that in mind, our elected officials are going to have to find ways to work together to accomplish key goals that benefit the American people and that just might mean getting buy-in from both sides of the political aisle—Democrats and Republicans—because an investment in the nation’s infrastructure often equates to an investment in its future economic success. President Trump has made some big promises, but the Federal Government’s next move in infrastructure investment remains to be seen.
The homebuilding, buying, and selling process is changing—all with the advent of new technologies for the construction industry.
Step aside BIM (building information modeling). Robotics might just be the next big technology advancement for residential homebuilders.
Drones represent a huge opportunity in the construction industry today—and in the future. Goldman Sachs, for instance, predicts a $100 billion market opportunity for drones by 2020. Naturally, consumer and military are big opportunities, but it actually predicts that the fastest growth will happen in businesses and civil governments, with an expectation that they will spend $13 billion on drones between now and 2020.
Smart buildings are here. With the IoT (Internet of Things) and big data growing at rates faster than ever before, buildings are also becoming connected. For construction companies, investing in technologies and equipment such as sensors and platforms can enable clients to engage with occupants in realtime. Such is the case with hospitals.
The residential construction market is seeing a resurgence of new projects, driven by the use of new, emerging technologies—both in the construction of the projects and in the homes themselves.
Digital transformation is impacting the construction industry in a number of different ways. For instance, technology is helping preserve historical properties into a digital experience.
Following natural disasters such as Hurricane Irma and the storm that contributed to the bridge collapse in Genoa, Italy, the construction industry is focused on how to rebuild stronger—and smarter—structures.
From the skies, to the roads, to the jobsite, a construction fleet should be designed to keep workers safe. With new, advancing technologies, anything that moves on a construction project can be equipped with systems to ensure greater safety.