The worker shortage is impacting how the construction industry rebuilds following natural disasters—but perhaps technology can step in and help after hurricanes, tornadoes, or other similar events.
Energy efficiency provides a number of benefits in construction and facilities management. With a combination of technology and effective design elements, energy-efficient projects can end up saving a corporate owner millions throughout the lifecycle of a facility.
Critical infrastructure—a term first coined back in the 1990s—encompasses certain national infrastructure that are so vital that their destruction would have a debilitating impact on defense and economic security. What was included back then is a bit different than how the Dept. of Homeland Security defines critical infrastructure today.
Machine learning, big data, AI (artificial intelligence), and the IoT (Internet of Things) are changing the way businesses across the globe operate—and technology providers are aiming at bringing predictive modeling, and AI to construction in new ways.
The notion of a connected jobsite has been espoused for years, as workers can track tools, assets, equipment, materials, and more using IoT (Internet of Things) technologies. The challenge in the past is tools and other tracking systems often operate on separate, independent platforms, making it difficult to track everything in one central location.
Bentley University, located in Waltham, Mass., is a business school with undergraduate offerings, MBA programs, and seven MS degrees. Back in 2010, Bentley finalized its Climate Action Plan, Bentley University: A Plan for Carbon Neutrality, which serves as a written roadmap to reach this carbon-neutrality goal with interim targets along the way. And now, its new 76,000-sq.ft., arena has earned LEED (Leadership in Energy and Environmental Design) certification.
As the market begins to pick up momentum, technology providers serving the residential construction market are creating new partnerships, acquiring other companies, and even receiving growth equity investments.
Critical infrastructure—more specifically transportation systems—are continuing to change at a rapid pace, demonstrating how new innovation can reinvent roads and railways. Construction companies will need to be involved in helping build these transportation systems.
Hospital construction projects have been growing in recent years, as many new, large-scale hospitals have been built. FMI suggests growth will continue in healthcare construction, as it is up 6%, or $42 billion, in the first quarter of 2018 compared to 2017.
From hurricanes in the South to fires in the West, natural disasters have been wreaking havoc on this country, and much needs to be rebuilt. In many cases, rebuilding stronger, safer homes and buildings starts with the codes themselves.