How Technology plays a Vital Role in Construction Industry

1. ZEPTH HOW THE LATEST TECH TRENDS ARE CHANGING THE CONSTRUCTION INDUSTRY ENHANCING CREATIVITY AND DESIGN PRECISION The adoption of 5D BIM and 3D printing within the construction industry is transforming the way architects, engineers, and planners develop designs. Through parameters, such as cost, schedules, and dimensions, teams can create more complex and sustainable projects with greater precision. The integration of BIM with other technologies, systems, and solutions is also a rising trend within the industry for more data-driven design outputs. IMPROVING VISIBILITY INTO PROJECT PROGRESS Understanding the scale and scope of a project is a monumental objective, as it requires both talent and technology to work cohesively. The top drones, UAVs, robotics, and site IoT solutions provide real-time information across different parameters to project managers. Teams can scout sites prior to execution, capture dynamic site updates, and track material and equipment states with much better visibility. These solutions can provide a multi-faceted view of sites through multiple layers that are data-rich. DRIVING EFFICIENCIES THROUGH TECHNOLOGY AUTOMATION Automation is one of the most important trends within the construction and is widely regarded as a top sustained trend over the next decade. Through workflow automation, teams can save time, improve productivity levels, and reduce the cost of execution. While only around 6% of global construction firms have fully automated processes, there is a growing demand for use-case oriented automated solutions. ENHANCING THE PERFORMANCE OF SUSTAINABILITY MEASURES Technology is instrumental in changing the way that planners perceive sustainability by automating and standardizing it through digitization. Architects are using the latest design solutions to produce highly sustainable designs, which are solving on-ground challenges through iterative generation. Technology is also enabling construction firms to integrate energy management, digital twin, and other solutions that can track, monitor, and improve the impact of core sustainability initiatives. BOOSTING COLLABORATION FOR SEAMLESS EXECUTION For 46% of global construction firms, people account for the most important factor in successful execution. Ensuring seamless collaboration between people across functions is an essential pathway towards better profitability and reduced completion time. That is why collaboration platforms, dedicated remote connectivity tools, and integrated online communication solutions are rising in popularity. IMPROVING PROFITABILITY THROUGH FINANCIAL MANAGEMENT Project financial software tools are critical to construction project managers as they formalize a highly metrics-based function within an enterprise. In the portfolio management stage, they provide the rate of return statistics, forecasts, and costs associated with taking new projects onboard. For existing projects, they offer projections, profitability calculations, CapEx costs, and budget heads tools for effective estimation and quantities management. WHAT ARE YOU WAITING FOR? DONATE BOOKS! VISIT US AT 123 ANYWHERE ST., ANY CITY Go to reallygreatsite.com for more.