Today the pandemic has created a significant shift for construction firms and tech adoption is the only way forward to embrace the “next normal.” Digitalization will also enable construction managers to define new business and operating models.
To eliminate inefficient processes that plague the industry’s productivity caused by ineffective communication and inaccurate project data, going digital is the only way forward. By leveraging construction technology one can seize the incredible financial opportunities and cost savings that, in 2022, can no longer be ignored.
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Automated business processes in construction have the potential to help players realize value throughout project lifecycles, from: design, bidding, financing, procurement and construction, to operations and asset management. The industry can overcome some of our toughest challenges, including safety concerns, labor shortages, and cost and schedule overruns.
The potential applications of machine learning and AI in construction are vast. Requests for information, open issues, and change orders are standard in the industry. Machine learning is like a smart assistant that can examine carefully this mountain of data. It then alerts project managers about the critical things that need their attention. Several applications already use AI in this way.
But, it’s not just about reducing labour costs and getting more done, more quickly. The digitalization of the construction industry and especially the advent of the Industrial Internet of Things (IIoT), also means increased throughput and avoided downtime as machinery is more efficiently employed and maintained.
The Future of AI in Construction
Digitalisation will alter business models in the construction industry, reduce expensive errors, reduce worksite injuries, and make building operations more efficient. AI will be used to track the real-time interactions of workers, machinery, and objects on the site and alert supervisors of potential safety issues, construction errors, and productivity issues.
Automation of operations will help ease the construction process and increase profitability, and for that reason leaders at the top of construction companies should prioritize investments on areas where AI can have the most impact on their company’s unique needs. Early movers will set the direction of the construction industry and benefit in the short and long term.
3 reasons to switch to smart construction in 2022
We are finally starting to see that technologies become a conversation point for constructions firms, with a popular belief they will disrupt the built environment for the foreseeable future.
1. Better Workflow & Document Tracking
By going digital, firms can integrate data and do away with data silos, to bring in the much-needed visibility in the process.
Construction firms adopting BPA (Business Process Automation) will reduce inefficiencies, streamline processes and improve workflows. Other than that, construction businesses that will automate and have integrated data will save significant time and increase return on investment. Document tracking and alerts where pending change orders are concerned will provide a better workflow and bring benefits both for the construction company and site workers.
2. Automation of Manual Tasks for Added Productivity
By automating time-consuming and repetitive tasks, you can leverage your construction firm to increase efficiency. Besides, construction firms that are willing to free up the time of their key resources so that they can contribute to the success of the business will survive the competition. This way digitalisation is sure to make the workers more engaged and they can spend time on high-value tasks.
3. Streamline Business & Operations
In 2022, the tech will continue to help you streamline your business and construction operations. Having access to plans and information, in turn, results in streamlining the business and better quality construction for clients.
By deploying tech-driven tools construction businesses can streamline their operations and need to quickly adapt to embrace the next normal. And the digital transformation is likely to impact the bottom line and help with customer retention in uncertain times.
Start rethinking the path forward and move toward a digital future with us: email@example.com