Future of construction industry

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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

construction.

 

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.

 

Better estimates

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.

 

Safer Projects

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

We are a CAD/BIM designing company with extensive knowledge and many years of experience in our domain which makes us thorough in our understanding towards the needs of your project.  Read More..

BIM Services LLC.

+1 (512) 640-3304
info@bimservices.net
7703 N Lamar Blvd #615, Austin,                    TX 78752, USA

We are a CAD/BIM designing company with extensive knowledge and many years of experience in our domain which makes us thorough in our understanding towards the needs of your project.  Read More..