The IoT (Internet of Things) has proliferated many aspects of personal and professionals lives. The trend is moving into our infrastructure, with a new report suggesting that data has “woven itself into the central fabric of the water economy.”
The American Council of Engineering Companies of Massachusetts recently announced the recipients of the 2019 Engineering Excellence Awards, with a number of projects in the state getting the recognition. One project stands out for its innovation.
We are entering the era of robotics and AI (artificial intelligence), where machines can help make decisions about work being done on construction jobsites, while also taking some of the back-breaking tasks off workers. A historically labor-intensive industry, robotics offer an opportunity to help automate projects and heighten productivity.
For years, the concept of an autonomous jobsite has been forecasted, with the advent of autonomous construction equipment and driverless vehicles driving the discussion even further. Now—especially on mining sites—that concept is starting to become a reality.
Predictions indicate the smart-cities market will continue to grow significantly through 2023—from roughly $308 billion in 2018 to roughly $717.2 billion by 2023, according to MarketsandMarkets—due to a surge in population growth and the need for more communications infrastructure.
The heart of any construction project is the data. It gives insights into project operations and financials. It is the lifeblood for ensuring projects are complete on time and on budget. Technology companies recognize this and continue to create partnerships that will help contractors tap into that data.
The numbers are well cited: 69% of construction organizations are manually re-entering data from application to application. The lack of standards and integration among technology systems in the construction industry have hampered adoption of software in the past.
Is your construction company secure? Too often, breaches give criminals access into data, slowing business and costing a lot of money—and no company is immune. Further, new legislation could create minimum security requirements.
Most of those working in technology in the construction industry recognize a big trend that has taken place in the past several years: the technology giants are getting bigger, mostly driven by M&A (merger and acquisition) activity.