Digitalization in the Construction Industry
It is no longer the big beating the small, it is now the fast beating the slow. The digital revolution in today's world is far more significant than any other invention in the world. For continuous success in the coming years, a majority of companies are launching real digital strategies.
The construction industry is now entering a digital era. The digital transformation in the construction industry is accelerating, and it is the correct time now for all the hesitant companies to adapt and adopt this digitalization, in order to be in the race.
The positions of some construction companies can be compromised in the market by the highly evolving and digitized companies if they don’t catch the ball on time.
Why resistance or hesitation?
The rise of digitalization has created fear amongst the people, of losing their jobs. This is untrue. Such fears are growing daily in the industry. The hesitation and resistance to adopt the digital tools are a result of these fears.
While people are predicting a decline in the employment rates, the actual highlight is the potentially increased need for skilled professionals to which digitalization may be associated.
The trust in the conventional methods is also a partial factor that can cause hesitance in accepting newer technologies. Some experienced professionals many times feel more comfortable in working with conventional technologies, as they have been using it for ages and are proven.
This is another reason for the resistance or the hesitance for adapting to digital technologies.
Reasons for Digitalization
Digitalization in construction sector has been a slow-moving process for many years now. But the speed of digitalization has accelerated exponentially in recent times. This has happened due to numerous reasons.
Few such reasons are listed below:
- Evolving client needs
- Increased technological capabilities
- Next-generation of workers and professionals
- Booming start-up environment
- Supportive policies and legal frameworks
- Increased market needs
- Up to the neck competition
- Launch of large infrastructure projects
- Need for integrated processes
- Better quality standards
Beyond operations, digital transformation in the construction industry triggers opportunities to raise sales and enhance customer satisfaction.
Digital solution has brought a lot of new opportunities to better the current scenario of a construction project. Following are some opportunities:
- New Channels: A broader network of contacts.
- Better Visualization: Virtual tours and visits, along with 2D and 3D modeling.
- 3D Simulation Tool: Eliminating errors and risks via 3D simulation
- Simplified administrative work: Easy documentation and reactive workflow.
- Tracking feedback and improvement: Better and digital interaction with clients and evolving key performance indices.
- Enhances products: Smart and better buildings with enhanced infrastructure. Smart cities.
- New partnership models: Flexibility between builders, partners and promoters.
- New financing options: Customized and tailored financing models.
- Multiple performance tracking: Transparent performance tracking and enhanced value in data.
- Emerging Trends in the Construction industry
- How Digital Technology in Construction Industry is Changing?
Benefits of Digitalization in Construction
High Productivity for Higher Profits
Construction process are very tedious and slow but with the help of technologies and tools it becomes smooth and fast which helps to reduce the time of work and excel the productivity of work.
Productivity and profitability are directly linked to one another. If productivity goes down, it can incur an overall decrease in profit. It has always been challenging to achieve productivities on construction sites. This can be solved by using a balanced strategy that includes digital technologies to ease the workflows and processes and make them efficient.
Research by Mckinsey Global institute indicates that digitalization brings more productivity and higher efficiency in the construction workflows, which attracts more profits for the construction companies. Digitalizing is a smart way to increase the profit along with getting equivalent or better quality.
Improved Collaboration for Efficient Construction
Working with several individual stakeholders and explaining the ideas and processes to each one becomes tedious and hard to track.
Digital advancements allow all the project stakeholders to come together and review the project progress ensuring the project is completed within the set timeline and budget.
Building a strong collaboration between the project stakeholders can prioritize the goals by sharing the information in a common pool.
It eliminates the geographical and physical restrictions of being in the same room for all the meetings or making any decisions.
This collaborative environment benefits projects by maintaining quality and finishing within set time and budget.
Confusion and lack of clarity may occur and hamper the speed of the project. The strong collaboration will enhance the clarity between the stakeholders and eliminate confusion.
The technology monitors what and how the information is shared between different parties involved and reduces ambiguities.
Improved Safety and Quality
Safety and quality are always the points of concern on a construction project. Integrated digital technologies can help the project stakeholders to minimize the safety, health, and environmental risks imposed on the workers in a construction project.
This can be done through improved monitoring techniques like supervision and monitoring by drones.
AI can also help in locating risky zones and risky activities prior to actual construction.
This can help a safety engineer to identify and mitigate these risks. It can help in focusing on problems and concerns in the construction project that require immediate attention.
Along with safety, quality can also be enhanced by better monitoring and technological advancements like AI.
DigiQC is one such solution for your construction project that can manage the quality and provide better results by using digital methods of planning, controlling and assuring quality standards in the construction project.
Digitalization in the construction sector is in its very initial stage. Nonetheless, it is about to generate unimaginable usages and breakthroughs. The time is right to implement a real digital strategy.
It is our assessment that starting another technique isn't generally an alternative, it has now gotten unavoidable.
Digitalization is right now in a cycle of re-evaluating the development business, setting off a general worth movement from the value chain up to the designing and engineering capacity and down to the office the executives and activities of administrations.
It’s the right time to adopt a digital solution for the quality management of your construction project. We are here to help you develop this digital quality strategy and keep you updated as per the changing and continuously evolving construction industry.
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