ConTech- 6 Ways Technology is Transforming the Construction Industry

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Transforming the Construction Industry

Technology is making inroads into every business domain, and construction is no exception. ConTech, as it is popularly known, refers to a suite of innovative tools, machinery, software and modifications that are used for digitising construction projects for better outcomes. These applications serve huge potential in terms of transforming job sites and driving the benefits of efficiency, productivity, safety and cost savings. Although it seems that construction firms are under investing in technology, venture capitalists predict that construction tech is going to be the next big thing for the domain. If you are still contemplating embracing ConTech, you need to understand how it has the potential to transform projects and the industry as a whole.

Seamless Communication and Collaboration

Large construction projects have big teams and multiple workers; communication and collaboration become vital to success. However, the right tools and technology enable the managers to track the employees and share up-to-date information with the teams. Cloud-based construction management platforms help the employees know what they are working on and let the managers see a clear picture of where the project stands at any point in time. Similarly, construction crews can leverage cloud-based collaboration tools to connect with team members regardless of their location.

Workforce Mobility

Apart from remote communication and collaboration, project management tools empower the workforce with mobility. These tools can run on smartphones, which means that team members have the freedom and flexibility to use them anytime, anywhere. Managers no longer need to drive to the company office for impromptu meetings but can connect with the stakeholders right from where they are, without interrupting the day’s work at all. With integrated mobility solutions, stakeholders too can add notes, change plans and respond to queries instantly, thus bringing seamless efficiency in the project.

Real-time Visibility

Businesses across all domains need real-time information to run effortlessly. In construction companies that have teams on-site and at the back-end, real-time visibility matters, even more, to keep the business on track. IT, finance and accounts departments have as much role to play in the process as construction workers and project management teams. The apt software solutions let managers on-site share critical information with the other teams that are working offsite. This ensures that all the teams work together like well-oiled machinery, with the common objective of delivering the project successfully on-time.

Productivity Enhancement through Automation

When it comes to productivity enhancement for construction companies, automation technologies can take businesses a long way ahead. The benefits of using automated equipment and machinery are immense- it reduces the dependency on the human workforce and frees them to focus on more critical aspects. Further, automation saves time and cuts down the chances of human errors. Construction firms can also automate reporting with specialised software solutions. These solutions reduce the workload of preparing multiple reports that are needed to assess the progress and bottlenecks in construction projects.

Workforce Safety

Another area where ConTech is making it big is workforce safety. Technologies like Augmented Reality and Virtual Reality are widely being embraced for safety training so that workers are better equipped to handle dangerous situations on the job site. Similarly, predictive analytics can be used for identifying the risks of accidents at specific spots or with specific equipment. Being armed with the requisite information, managers can go the extra mile to address the risk factors and prevent disasters even before they happen. Further, ConTech also comes to the rescue of businesses that want to be COVID–ready through the implementation of remote collaboration for empowering social distancing measures.

Offsite Construction

The concept of offsite construction technology typically works for projects that involve repetitive layouts or floor plans in their design, such as hotels, hospitals, apartment buildings, dormitories, and schools. Workers deployed at each station have the requisite tools and materials to complete their task consistently and without any bottlenecks. This assembly plant technology cuts down waste, saves time and makes workers more productive.

Technology can do wonders for construction firms, and these smart solutions are worthy investments that can make your business future-ready. Surely, you should invest in all of them right now to reap the benefits ahead.

Summary

As ConTech becomes the hottest trend in the construction domain, it makes sense to understand the benefits it can deliver for your organisations before you invest in the latest technologies. There is much that these solutions can do for your business, from enabling real-time collaboration to empowering the employees with mobility, increasing productivity, improving safety and more.