3 Technologies Leading To Innovation in the Construction Industry

David Willy
August 18, 2020
199 Views

The discovery of new technology is continually reshaping the construction industry. As the market changes, the industry becomes more competitive, proving the value of technological trends.

One of the most significant benefits provided by these discoveries is the enhanced efficiency, which significantly increases the amount of work done in a specific time. This article will discuss three of the leading technological innovations in the construction industry.

NetSuite Solution Providers

NetSuite is a cloud-based business applications software publisher that allows businesses to run their business from a single platform efficiently. It has a partner program that authorizes qualified companies to provide implementation services, co-sell licenses, and offer useful service offerings and add-ons.

These authorized companies are also called NetSuite Solution Providers. Aside from assisting businesses, they also have hands-on experience with enterprise resource planning (ERP) software. Numerous companies consider NetSuite Solution Providers as valuable partners that help them towards success.

Certain NetSuite Solution Providers implement and customize the ERP software for the property development and construction sector. By developing custom-built modules, construction companies can enjoy increased sales through certain transactions and better efficiency rates.

The NetSuite ERP has become an indispensable tool in the construction industry because it automates tasks that are usually error-prone and tedious. Furthermore, this software enhances overall business operation efficiency through real-time reporting, automated processes, and integrated financials.

If you choose to work with NetSuite Solution Providers, you can enjoy these benefits:

  • Less occurrence of mistakes through automated processes
  • Faster transactions with the inventory and finance functionality
  • Significant company growth through increased efficiency rates
  • Increased customer satisfaction through hassle-free transactions

Building Information Modelling (BIM)

This particular technological innovation pertains to a process that allows professionals from varying fields to collaborate, particularly on the planning, design, and construction of infrastructures within a single three-dimensional model.

By utilizing BIM, individuals can span into the management and operation of buildings using certain types of data. The useful information derived from the model can then help stakeholders and owners when it comes to making decisions throughout the post-construction phase as well.

Before the discovery of BIM, two-dimensional drawing and blueprints were used to express information regarding building plans. This approach made it challenging to visualize requirements and dimensions.

Several technological breakthroughs occurred, and we now have BIM as the standard. The BIM objects comprising a BIM model have geometrical features and the ability to store data.

If specific changes happen to these elements, the BIM software automatically updates the model. This ensures coordination and consistency throughout the process, allowing professionals to work in a more collaborative setting.

Without a doubt, construction processes will become even more digital and collaborative in the future. BIM also aims to reduce waste generated by construction projects, which is excellent for those concerned about the environment.

Augmented Reality (AR)

Augmented reality produces a live view of a particular real-world environment with computer-generated sensory input. It captures what we see in the real world and then supplements three-dimensional elements to help with architectural design.

Through the use of AR technology, the information present in reality, becomes digital and interactive. Unlike the other methods that require camera images, AR depends on real-world coordinates.

AR assists with architecture and construction projects by placing three-dimensional models of designs onto existing spaces through the use of mobile devices. It can also be used for design analysis to detect mistakes by virtually going through the completed model. This allows the conduction of reviews by letting the contractor and architect collaborate on the needed changes

This technological breakthrough can present BIM data through a next-generation platform, which could promote coordination between designers, consultants, and construction teams. Moreover, AR can be used to discuss projects with clients as well

Conclusion

As the construction industry becomes more competitive, harnessing technological innovations will undoubtedly prove valuable. These trends are reshaping the global business landscape, requiring businesses to leverage new technologies, adopt new practices, and invest in new projects to stay on top of the industry.

Currently, the latest industry statistics show a sustainable and flourishing sector. As long as you keep up with the latest changes and make the right decisions, you will gain an edge in the fiercely-competitive industry we have today.

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