What does the future hold in the construction industry?
Technology has brought about many changes in different
sectors, and there is hardly any sector left uninfluenced by the impacts of
technology. Understanding and recognizing the benefits of adopting technology
can bring about in the construction industry. This world of project rooms
filled with numerous paintings and paperwork is going all digital.
Twenty years ago, when IT professionals were trying to
aware of the construction industry about the revolution that technology can
bring in the construction industry, things are quite different now. More and
more people want to know what benefits data and technology can provide. While
there is a paradigm shift in the construction industry’s attitude, let’s look
at how technology impacts the construction industry.
Increase in profitability and productivity
With a decade’s worth of digitalization in the
construction industry, it is expected that over 1 trillion dollars can be saved
in the pre-construction and construction phase. In contrast, around half a
trillion dollars can be saved in the operations phase alone by making the
projects faster, cheaper, and more efficient. These are just some figures which
demonstrate the extent of profitability which digitalization can bring on
Faster and better construction
It is worth noting that the on-time project completion
rate is less than one-third of the total projects. Implementation of data and
data-oriented advanced techniques can help bring this rate much higher by
supporting efficient estimates and facilitating information exchange between
different parties involved at different phases of construction.
Construction projects need a lot of forecasts regarding
various decisions. From raw material requirements, budget planning to the project’s
timeline, many things depend on how close these estimates are to the actual
figures. With efficient usage of data and other digital techniques, these
estimates can be made to the exact actual values fascinating to think about.
With the help of 3D modeling, CAD designs, and BIM
techniques, many contingencies can be predicted, which helps reduce the risk of
accidents, making the projects much safer than before.
There are many employment opportunities
With an increasing demand for professionals trained in
digital modeling and other technological construction skills, technology is
expected to increase the jobs for skilled professionals on quite a large scale.
Look at the result even before the project finishes
With the support of 4D modeling and CAD designs,
consumers and construction professionals can see how a project will look even
before the project is completed down to the minute details. This helps all the
involved parties in many different ways.
Key challenges for the future
Data and data-based techniques are rapidly changing the
way the construction industry is tackling its new projects. With the adoption
of technologies like BIM Level 2 and 3, ETIOM standards, COBie, etc. the
construction industry is slowly but gradually moving towards going digital, but
there are two prominent challenges which the construction sector needs to
overcome. Let’s have a look at those challenges.
Training the future construction industry professionals
Jason Ruddle, managing Director of Elecosoft, a UK based
the firm, says,’ Although Level 2 BIM is rightly today’s priority, the industry
needs to get to grips with the training challenges presented by digital
construction.’ While the construction industry is moving towards adopting
technology in its core, training the future construction industry remains the
biggest challenge. According to a BRE Academy survey, 67% of correspondents
feel the need to train BIM related skills as the current knowledge about the latest
technology in the industry professionals is inadequate. So, while we are headed
in the right direction, it is needless to say that this remains the biggest
the challenge that well faces.
Reluctance to Change
The construction industry is set in its way. Though these
ways need some serious up-gradation, many industry professionals and big
companies resist the change that the data and other data-oriented techniques
bring to the construction world. Moving towards these more advanced methods of
project planning and implementation is time-consuming and needs a lot of labor
and monetary expenditure in terms of investment. While many organizations have
realized the benefits of upgrading, moving the entire industry to a new
platform is a challenging task.
What to expect in the Construction world?
The opportunities that the interference of technology in
the construction industry is going to create are seamless. Nobody can expect
what will happen. The only thing that one can be assured today about the
construction industry is that charts and figures on paper roll-outs and clumsy
file records will soon be replaced by digital storage.
What to expect in the Construction world?
The opportunities that the interference of technology in the construction industry is going to create are seamless. Nobody can expect what will happen. The only thing that one can be assured today about the construction industry is that charts and figures on paper roll-outs and clumsy file records will soon be replaced by digital storage
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