Often construction CIOs and executives are leery of “shiny” toys that offer glitz, glam, and a lot of hype, but little tangible benefits and ROI (return on investment). Do drones fall in this category, or are they beginning to offer true benefits to construction beyond the cool factor?
In the past five years, the amount of investment in construction-technology companies continues to rise, as investors look at this market as one that is ripe for innovation. In an industry that needs solutions to complete complex projects in a quicker timeline, technology could be the solution, and investors recognize this.
Research shows that autonomous driving is on the rise—and this could mean a new way to drive both on and off the jobsite for the construction industry.
With construction projects becoming more complex and a continued lack of skilled workers, companies more often need to rely on software to help fill in the gaps. Technology can be key to help businesses become more efficient, and thus more profitable. In order to do this, contractors need choice.
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 age-old business adage that the customer is king rings true in today’s always-on, always-connected society. For residential builders, this is as evident now as it has ever been, and predictions show analytics and technology are going to be key to driving forward a successful CRM (customer-relationships management) strategy.
Homebuilders are demonstrating that they have the wherewithal to build high-tech homes. A closer look at the homes—and the processes and methods used to build them—show that today’s builders are on the cutting-edge of innovation and are taking some pretty unique steps forward.
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.
Digital transformation is essential for the construction industry—but the disruption to business process can be challenging. In particular, ERP (enterprise-resource planning) software offers an integrated approach to business processes ranging from sales to accounting, CRM (customer-relationship management), and beyond.
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.