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Technology and the Construction Industry: Helping Businesses be More Safe, More Organized, and More Competitive
The construction industry has lagged behind when it comes to adopting new technologies, according to a report by KPMG. Less than one half of construction businesses have a clear vision for how to adopt technology for achieving innovation, and only 5 percent of companies felt that they were industry leaders in the area of technology.
What are these businesses missing out on? In what areas can new technologies bring value to the construction industry?
Better Onsite Safety – Elements of construction like physical labor, weather, and heavy equipment are all factors that make the industry one of the most dangerous professions. Two technologies that are helping the construction industry reduce risk include drones and wearables. Drones can be used to survey and navigate hazardous or difficult to reach areas. Wearable technology can be used to track both the location and vitals of workers, enabling, for example, injuries to be identified and responded to quickly.
Better Organization – Project management software can provide centralized data and help construction teams better manage their tasks, budgets and schedules.
Attract Younger Workers – The average age of construction workers is growing grayer. Baby boomers are nearing retirement but the number of younger people going into construction is dropping. Younger people have consistently said that they value a working environment that uses modern technology.
More Competitive – Technologies like 3D printing can help construction businesses be more efficient and save on labor and materials.
