As technology continues to transform the construction industry’s approach to construction methods and projects, it is also transforming how the industry approaches, reacts to and reports safety issues. Technology trends in construction are innovating the industry to a new level of safety, productivity and profitability.
5 Technology Trends Changing Construction
Efficiency, productivity and safety are top concerns on any job site, especially construction. Within the construction industry, robotics is currently being used for self-operating machineries, like bulldozers, cranes and excavators.
Robotics is improving the speed and quality of construction jobs. From mechanical arms used for brick-laying and masonry to autonomous rovers that can increase the efficiency and detail of sit inspections. From mechanical arms used for brick-laying and masonry to autonomous rovers that can increase the efficiency and detail of sit inspections, robotics in construction can help workers spend more effort on the things that can’t be done by robotics, which in turn increases money and safety.
Blockchain is another technology trend changing construction. Blockchain is a simple database that stores specific data such as transactions or agreements across a network of computers.
Construction companies are benefiting from blockchain in many ways. Construction is a highly regulated industry. Due to the complexity of some of the work and regulation policies, issues with trust and verification can complicate the work that needs to be completed. Blockchain can help solve this.
Blockchain systems can create a digital record of every transaction, orders and the status of different jobs and projects in construction, helping companies save time and creating a smoother process for all parties.
Another technology trend seen in the construction industry is the use of drones. Construction sites are heavily invested in using drones because they save time. Project managers and design managers benefit the most from drones.
Drones have the ability to monitor construction sites, inspect structures, show clients the progress, keep projects on track and many other things that save workers time. Humans can take days to examine a construction site whereas drones can take just a few minutes.
Drones have also changed technology in construction by improving communication tactics, keeping projects on track and increasing safety. With help from drones, construction workers are not only able to survey job sites faster but also build site maps. Construction owners and managers can save time and money by putting the effort usually used for surveying, into planning and executing with the help of this technology trend changing construction.
Wearable technology is a game changer in construction. Some wearable technology improves comfort while others increase safety on construction sites and boost effectiveness while monitoring a project’s progress.
Items like smart hard hats, safety vest and 3D glasses are helping project teams increase safety. These items can monitor and track a worker’s whereabouts and track their health conditions through monitoring things like heart rate and body temperature.
Wearable technology can detect a worker’s fall or incident as it occurs. It then sends a message telling other workers, telling them where the incident has occurred, allowing them to get immediate help.
Building Information Modeling (BIM)
Throughout history, keeping record and documentation of a project has been an essential component of a project. Building Information Modeling allows projects to be built virtually before they are constructed physically, saving project managers and designers a lot of time.
Building engineers face constant challenges of limited manpower, tight budgets, conflicting requests, and fast-tracked schedules. BIM helps these professionals detect problems in the early stages of building and can identify the exact location of discrepancies. BIM allows for sharing and collaborating on projects that drawing on paper doesn’t — bridging the gap between the design and construction team.
Expanding Your Construction Business
Taking on new construction projects can come with slow paying clients. This shouldn’t stop you from moving forward with your business.
Construction invoice factoring can help companies grow and while giving them the confidence to compete for larger contracts. Factor Finders works with all sorts of construction companies and sub-contractors. It doesn’t matter if you’ve been around for years or if you are a recent start-up, a construction factoring company can get you the instant cash you need to expand.
Have questions concerning invoice factoring? Just give us a call.
Ready to get started? Fill out an online form.