Technological Advances in Construction

07 November 2017 03:08 PM | #Investor Resources

The construction industry has seen a host of technological innovation which have changed the work in that space. With the prevalence of instant communication and wearable technology, we see a multitude of opportunities to enable growth in that sector. The trends we have seen include:

 

Cloud-based working, enables access for construction users, anywhere, with an internet connection. It has become the foundation for flexible work engagement and has revolutionised the manner in which projects are designed, built and managed.

 

Construction Management Software, has the aim of increasing productivity and maintaining project schedules. Such software encourages a collaborative way of working, and creates the ability to plan projects, manage activity milestones, allocate resources, monitor budgets and manage changes. The most well-known solution is offered by the Building Information Modelling (BIM), which is currently at Level 2.

 

Wearable technologies, have been developed to enhance the everyday tools that job site workers are already familiar with. The wearable technologies currently in the market offer additional functionalities to hard hats, safety goggles, safety vests, and power tools. One example includes a smart helmet that integrates a virtual visor which overlays a 3D visual augmented reality with the surrounding environment, allowing for work instructions and safety information to be displayed.

 

Mobile applications, have reduced the amount of paper on job site. The ability to transfer real-time data to a mobile device application, such as a tablet, has allowed construction workers to access project plans, add amendments/comments, and insert images with more ease.

 

It is clear that, even with this non-exhaustive list of advances, the future of technology in construction is moving positively in the right direction.