Construction Industry Facing Radical Change

Construction Industry Facing Radical Change

The construction industry continues to grow and evolve as it faces new challenges in the marketplace.  The latest technologies will be a driving factor in shaping the future of the construction industry, according to attorney David Lever, in an article for the Construction Marketing Association (constructionmarketingassociation.org). There are four technological trends to look out for that will impact what construction will look like in the future.

  1. Building Information Modeling

The use of building information modeling (BIM) is on the rise and is a way for contractors, architects, surveyors, and engineers to manage digitally the physical and functional characteristics of places. Stored information can be used to support decision making among individuals, businesses and government agencies who  plan, design, operate and maintain buildings and other infrastructure, such as water, refuse, electricity, gas, communication utilities roads, bridges, ports, and tunnels.

  1. Use of Robots on the Rise

The use of robots to perform manual operations on construction sites is on the rise. The Bank of America recently reported that the total global market for robots and artificial intelligence will reach $99 billion by 2020. The construction industry will be able to use robots to cut costs, provide advanced skills, accelerate the rate at which projects are completed, and create a safer work place environment.

  1. Increase in Data Storage and Use

The construction industry will be able to make good use of data already compiled and stored on existing plans and records of any building ever constructed. The data will be compiled from computers, machines, sensors and any other data-generating device. The use of new technology like sensors should increase exponentially the data collected and help transform the construction process with plenty of new information.

  1. Internet of Things

The increasing use of technology embedded in devices, vehicles and buildings will enable the construction industry to monitor and measure the performance of assets over a period of time. This large scale data collection embedded in electronics, software, and sensors will help construction companies learn how to improve performance and functionality of buildings and other infrastructure, adapt designs to provide future savings, anticipate repairs and maintenance issues, and provide a safer construction site.

Source: Construction Marketing Association, “What Will Construction Look Like In the Future?” by David B. Lever of David B. Lever & Associates, February 7, 2017

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