How can an age-old industry pivot into digitization? When our ancestors used axes, stones, bone tools, mallets, and other heavy tools in building their homes, they didn’t realize that the day would come where this exhausting work can be so simple thousands of years after. Technology is now at our disposal and the construction industry is being called upon to maximize this. Even though most of our pioneers preferred the hard way, this modern time is forcing companies to take the plunge and embrace change in terms of modern tools, equipment, and processes. Industry leaders are given the option to upgrade otherwise, prepare to fall behind.
This might be a hard topic to discuss as it obviously requires additional funding. Last year may not have prepared the companies for this upgrade but the cost of not doing so will be so much higher to a point that they are risking the company’s existence. The goal is for the industry to comply with the minimum health standards while keeping the productivity and efficiency of their work. This technological implementation will help in meeting these goals. Aside from this, risk management and risk aversion has been better with data analytics. Virtual construction allows key personnel to observe and measure the risk even before the actual construction.
In an article cited in For Construction Pros, they discussed how technology becomes a game-changer for construction companies. They write, “the construction industry has been slow to adopt technology and that has left us behind. Behind on adoption. Behind on growth. Now, this lack of technology has left us behind on hiring the next generation of workers as well.”