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Impact of connected construction on the future of the E&C industry

Connected construction has so far helped many construction firms stay abreast of the tide of COVID-19. And not only that, it offers many benefits ranging from risk management to document management to combining other futuristic technologies. All these ensure the project gets completed within the stipulated time, schedule, and design specifications.

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Impact of connected construction on the future of the E&C industry

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  1. IMPACT OF CONNECTED CONSTRUCTION ON THE FUTURE OF THE E&C INDUSTRY OVERVIEW According to the report of Dodge Data and Analytics, there is a 9% dip in 2020 in total projects started due to the pandemic. It was significantly less than the loss t in the construction industry in the mid and late 2000s. Moreover, according to an analysis, backlogs for general contractors were down by 10% in Quater1 2021 than Quater2 2020. Also, specialty contractors have 25-30% fewer backlogs in Q1 2021 than in the same period in 2020. MANAGE SETTING FOOT JOB SITES WITHOUT AR/VR technology is integrated with robotics technology and connected construction to improve the digital twin technology for enhancing design visualization. It enables virtual inspections to track progress and snags along the way. DO MORE IN LESS TIME Going paperless is a very crucial part of connected construction that helps to bust data silos. It helps in document management with few taps-and that too, It is the most latest and accurate version of these documents INSIGHTS-DRIVEN DECISIONS ENSURE A PROACTIVE APPROACH The construction project management software enables the contractor to have a holistic view of the workforce and the project vitals. It’s a real-time update and proactive for managing the workers, equipment, assignments, and commitments. IT’S TIME TO EMBRACE CONNECTED CONSTRUCTION Connected construction has helped many construction companies stay up to date with the tide of COVID-19. And not only that, it suggests many advantages ranging from risk management to document management to incorporating other futuristic technologies. All these provide the project gets completed within the specified time, schedule, and design specifications.

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