Construction is no longer simply about building unique physical structures and infrastructures. Fundamental changes are taking place that may push engineering and construction companies to do so. As environmental concerns increase, so does the need for sustainability and green building. There is a demand for sustainable building practices to build high-performance homes that focus on energy efficiency. Modular, or “prefabricated”, prefabrication and construction methods are efficient and cost-effective.
Prefabricated building materials are manufactured off-site in a factory and assembled on-site at the project location. This method is gaining popularity because it provides greater quality control and reduces construction time and material waste. Large-scale 3D printers have the ability to print custom construction projects for a fraction of material and labor costs. Printing speeds up the process and allows for great design flexibility. Construction companies print everything from roof trim sections to entire buildings.
Two main factors in the construction business are efficiency and cost. Projects must be completed as efficiently as possible, and that also includes profitability. These technologies can manage large volumes of data for problem solving and pattern recognition in all phases of a construction project. According to Dodge's World Green Building Report, nearly half of construction and design respondents said they expected most of their projects to be green by the end of this year.
Economic uncertainties and fluctuating material costs have introduced complexities for the construction industry. By accepting trends, you are preparing your construction business for the future by demonstrating to talent that you are innovative and leader in the industry. In addition, according to Deloitte, artificial intelligence and advanced data analysis could generate cost savings of 10 to 15% on construction projects. While still in the early stages, drones for construction monitoring have great potential to improve efficiency and safety in the industry.
In addition, the rise of trends in construction technology, including digital asset management (DAM) software, such as OpenAsset, is streamlining project workflows and improving collaboration through the efficient management and exchange of digital assets. Artificial intelligence and machine learning are used in the construction industry to automate tasks and analyze construction data. Robots designed as mechanical arms can handle routine and repetitive tasks, such as masonry, accelerating construction and reducing man-made errors. Input costs have increased much faster than the average prices that construction companies auction for projects.
It's also important information for construction managers, who need to understand how aligned their time estimates are with actual data. Construction management software provides a central platform for hosting project documents, keeping track of progress, and streamlining communication with your team and clients. As construction technology continues to evolve, it will make your daily tasks more productive and collaboration between your team members will improve. Construction project management software is constantly being developed and, little by little, it is becoming more advanced as a whole.
The advancement of drone software provides actionable data in real time, streamlining decision-making and improving the construction process.
