In 2019, there’s no doubt technology solutions have become entrenched in every aspect of the construction lifecycle – and they’re not going anywhere. In fact, construction technology startups received $1.05bn in investment from venture capitalists in the first half of 2018 – a record high.
5 construction tech trends to watch
Here are some of the key trends in construction tech that are changing the way projects are being planned, managed and executed.
Data, data, data
Notorious for generating huge amounts of data and then discarding it – or not even collecting it in the first place – the construction sector is finally beginning to unlock the value of its data.
Construction software like sitemobi’s construction program management software is enabling real-time collaboration, data capture and data sharing in unprecedented ways.
What has emerged as a result is a data ecosystem, where construction companies can integrate on-site and back-office systems onto a single platform. Joining all of these dots amidst the complexity of construction projects is a step forward that’s revolutionising performance, productivity, safety and decision-making.
BIM for the win
At the forefront of conversations about innovation is Building Information Modelling (BIM) – a process for managing all the information belonging to a construction project.
The output of this process is the Building Information Model, the digital description of every aspect of the built asset that can form a reliable basis for decisions during its lifecycle. Essentially, BIM provides a method for generating and exchanging data and information between various parties on a project.
BIM is still a hot topic in 2019, as it not only heralds an era of greater accuracy in the building process but could also hold the key to improved sustainability and safety in construction projects.
Already in use on many projects, GPS tracking solutions will continue to be applied in various ways, from surveying sites to managing fleets and personnel. These solutions enhance safety through real-time situational awareness and are handy for finding lost and stolen equipment too.
Experts predict that the construction sector will benefit in future from ever more sophisticated GPS-based applications – think wearable technology and autonomous vehicles, for starters.
Mobile on the move
A construction workforce armed with mobile phones and iPads is a reality now. Mobiles bring together GPS and cloud-based data, giving teams access to plans, schedules, costs, documentation and more – all in real time, regardless of whether they’re on site or in the office.
Mobile tech engenders dynamism, democracy and collaborative possibilities for construction projects that simply aren’t possible with paper, whiteboards and spreadsheets.
Cloud technology is working hand-in-hand with mobile solutions to transform construction projects. Real-time reporting and access to data stored in the cloud allows multiple teams to access relevant information from anywhere.
Cloud-based solutions are enabling a level of connectivity that has never existed before in construction, and companies are reaping the benefits of better communication, visibility and accountability.
The cloud will continue to be an indispensable element in construction tech.
Looking ahead with sitemobi
Investing in a fully integrated construction program management solution such as sitemobi – which covers real-time cost capturing, cost forecasting, document management, collaborative dashboards and reports for the construction phase of a project – has never been more important.
Our software capitalises on the latest developments in mobile and cloud-based tech to provide construction projects with clear, reliable data for operational and strategic decision-making.
Simplicity, efficiency and sustainability are at the core of everything we do at sitemobi. Our engineering, development and support teams are always looking to the future, providing solutions and leadership as technology continues to transform the construction industry.