Over the last couple of years, the business world made big bold steps in the digital direction. This is probably the most evident in the case of the construction industry that, due to countless restrictions issued by the outbreak of COVID-19 had to adapt, evolve and overcome.
Of course, this evolution wasn’t encouraged only by the notorious pandemic – digital construction has been already building excellent momentum with its numerous inherent benefits. The crisis only sped up this process.
Let us then take a quick look at some of these perks that should demonstrate why you should jump on this bandwagon as soon as possible.
Pressure to deliver higher revenue
The coronavirus left the global finances in shambles and all things point out that the ongoing European crisis will have even more devastating effects. Put this thing together with the still volatile market, price of building materials, and other economic detriments, and you will realize that the present-day building companies have very high pressure on the bottom line. The comprehensive digitalization gives them an opportunity to improve their operations with a healthy dose of machine efficiency and remain very competitive in the current business climate.
The continuous development of smart cities
Modern society is decidedly moving in the green and sustainable direction. With that in mind, it was only expected that the construction industry will use all the positive experiences with smart homes and scale them up to entire communities and even cities. These new neighborhoods of tomorrow will have all the benefits of AI and IoT and be able to regulate all sorts of functions from traffic to energy expenditure. Of course, the companies that want to tap into these trends and get lucrative construction projects will need to have developed digital infrastructure.
Efficient workflow management
The process of construction covers countless different activities ranging from worksite activities and logistics to running a supply chain and tackling design duties. Throw into account suppliers, contingent workers, and other components and you will get a workflow that is hard to set up and even harder to manage. On the other hand, embracing digital construction will allow you to put all these separate activities under the same umbrella, engage in professional construction workflow automation and, in the end, get a system that will run more efficiently and independently.
The challenge of a declining workforce
At the moment, the United States is going through one of the worst labor shortages in recent history. That unfortunate development goes hand in hand with the fact that the construction industry has long since started a generation shift with no new skilled workers to fill in vacant positions. Leveraging the benefits of contemporary digital tech can help companies in two ways. First, they can easily augment the missing workforce while retaining the same level of efficiency. Second, company-wide digitalization opens companies to the present state of the labor market.
New construction techniques
We are primarily talking about 3D printing which is finally making the transition from novel idea to market-worthy construction technique capable of tackling large-scale, real-life projects. Back in 2021 when the pandemic was still at large we have seen an entire 3D-printed neighborhood popping up in the state of Texas. What’s even more important, the projects of this type are rolled out fast, efficiently, and all while producing minimal environmental impact. This high level of nimbleness, operational leanness, and green outlook will make 3D printing an industry staple.
The rise of advanced Building Information Modeling
Business Information Modeling is hardly a new thing. But, we have to point out that every next iteration of this tech brings more layers to the table and allows all parties involved in design and construction to observe their projects in much more depth. At the moment, we are able to project even the factors like estimated costs and buildings’ energy efficiency. These platforms also present a robust collaborative platform that brings all parties under the same roof. Doing construction projects without such assets is possible but at the cost of lost efficiency.
We hope these few compelling examples gave you a general idea about why your company should put more focus on developing digital trends and use this tech to a larger extent. But, we can simply sum all these things up to one point – the business world is rapidly moving in the digital direction. The companies who want to stay competitive need to be ahead of the curve and spearhead these trends instead of playing the catch-up game.