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4 Construction Trends to Remain Competitive in the Market

Construction Tech Review | Friday, August 09, 2019

Construction companies are finding ways to integrate innovative approaches with their strategy and workflows to remain competitive and relevant.

FREMONT, CA: The construction industry is under a significant paradigm shift. The most current developments extend beyond building equipment alone. New construction technology is pushing the levels of efficiencies in connectivity, analytics, and more. The development of construction technology is often ascribed to modern heavy equipment. But alongside those advancements are breakthroughs in connected technologies. The tools spread from the field to the home office, even to the boardroom. These cutting-edge technologies in construction are drastically transforming how the industry functions and how future projects will be performed. Many construction technology trends actively embrace modern builders in order to deliver improved safety, productivity, and quality.

• The Internet of Things (IoT)

The adoption of data-driven technology in construction has expanded, and innovations are how technology is utilized to create new capabilities. Embedded sensors on a connected worksite create tremendous opportunities for collecting and maintaining data on safety, material performance, and operational workflow. Wearable construction technology, smart devices, sensors, and on-site cameras can be tied into construction management software. It gives a much transparent picture of building progress and real-time status reporting. This alliance will affect not only the flow of a project but also offer vital data that can be examined after handover to become a part of operational management.

• AI and Machine Learning

The IoT continues to pull more information, and the construction firms will necessitate tools to manage all this data. ML will become indispensable in this situation. Systems that organize data from the relevant worksite are going to be important as construction firms become more reliant on real-time data for experienced project management. AI and ML construction is going to become the linchpin for analyzing multiple streams of data from a combined digital workflow. Properly trained AI can classify data cutting the time needed to get the most accurate picture of issues on a job site. ML is already creating possibilities for new uses of technology that aggregates visual information from jobsite cameras and uses AI to tag potential hazards and safety violations.

• Predictive Analytics

Systems feed on knowledge and look ahead and provide insight into safety matters along with ML. Predictive analytics integrates techniques like statistics, data mining, modeling, ML, and AI to interpret data and make future predictions. The goal of predictive analytics is to create an innovative approach to problem-solving through the use of data, predicting patterns in the workflow, and highlighting innovative solutions. The predictive systems can predict problems as well as possibilities and give project managers insight into crucial decisions.

• Virtual Reality and Augmented Reality

VR and AR are technologies that are on the rise. The tools that guide VR and AR to the worksite are growing more ubiquitous. The opportunities that open up seem boundless as this technology becomes more integrated into the digital workflow. VR in construction provides a real-time comparison of 3D models to physical spaces and overlays location and position data during installation. VR and AR tools are already mitigating rework and improving safety, enhancing the accuracy of sophisticated facilities and is creating a whole different world of possibilities for collaboration of innovative designers and builders.

Technology is providing a way to seize much of that experience and bridge the gap in knowledge, particularly as the succeeding generation of digital natives brings a fresh enthusiasm for technology to the workplace. Connected digital workflows also readdress collaboration, allowing stakeholders and owners up-to-the-minute data on project situation and decisions. Developing construction technologies are real, practical applications and benefits to modernizing the current processes.

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