Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    Networking

    PropTech

    Remote Work

    Scheduling Software

    Simulation

    Startup

    Storage

    Wireless

  • Banking

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Healthcare

    Insurance

    Legal

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • CISCO

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Enterprise Architecture

    Enterprise Communications

    Enterprise Contract Management

    Field Service

    HR Technology

    IT Service Management

    Procurement

    Product Management

    RegTech

    Revenue Management

Menu
    • CISCO
    • Collaboration
    • Compliance
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Construction
    Editor's Pick (1 - 4 of 8)
    left
    Diversity and Inclusion can Drive Better Solutions for Clients and Employee Engagement

    Linda K. Lannen, CIO & Sr. VP, Kleinfelder

    Construction Industry Continues to Underspend in Technology

    Isaac Sacolick, CIO, McGraw Hill Construction

    Embracing Change for IT in the Construction Sector

    Jason R. Kasch, CIO, Structural Group

    Role of Technology in 21st Century Construction

    Jason T. Burns, VP & CIO, Hunter Roberts Construction Group

    The Future of Technology in Construction

    Sam Lamonica, CIO, Rosendin Electric

    6 Technology Adaptation Lessons in Construction

    Jeff Cann, CIO & Chief Strategist, Encore Electric

    Embracing Change for IT in the Construction Sector

    Jason R. Kasch, CIO, Structural Group

     3D Printing Reforming Construction Industry

    Ron Klyn, CIO, Universal Forest Products

    right

    Technology That Will Slingshot Construction Tech To New Heights

    By Apac CIO Outlook | Monday, November 09, 2020
    Tweet

    The focus of the construction industry is now fixated on both sustainability and energy-efficiency of the project through the use of advanced technologies. With shrinking timelines and rising costs, the construction magnates find it imperative to adopt the latest trends to remain relevant in the market. 

    Fremont, CA: Construction technology, despite its large-scale rollouts, has adopted new techniques and tools at snail's pace. However, since last year, the industry is under a paradigm shift. By the year 2023, the construction industry is estimated to be worth more than $690 billion. With that in mind, 2020 is the year to watch out for increased technological implementations. 

    A greater movement of the population is noted to migrate towards urban shores, increasing the demand for residential construction. To accommodate this demand, private builders are leveraging new-age construction technologies for building better quality buildings with quicker progression in a shorter duration. The builders are adopting newer technologies not only as a project management solution but also for in-depth assistance during construction, excavation, and surveillance. 

    Technologies such as modular building, wearable safety devices, 3D printing, drones, cloud computing, and building information modeling (BIM) are transforming the fabric of construction, weaving in innovations along with traditional manual processes. AI, VR, and AR are the disruptive tools that are available for the builders to enhance worker performance and efficiency. Rather than replacing the human workforce, these technologies focus on increasing performance and onsite safety. Out of all, 3D printing has been the most popular new-age technology that the construction industry has seen so far. This technology provides flexibility in design, better sustainability, along with improved costs. With a specific user interface, construction firms can offer more leeway to its designers and enhanced user experience to its customers. Features such as time solutions, equipment rentals, and change orders can also help manage projects seamlessly. 

    See Also: Construction Business Review

    Residential and commercial development will be boosted as the widespread use of BIM is encouraged in the next decade as modular and prefabricated construction projects are gaining popularity. Statistics show that the modular construction market will reach $157 billion by 2023. BIM and modular construction tools are capable of producing computer-generated images that depict roads and other entities. It helps the contractors to visualize the process of construction at the beginning of the planning stage. These tools will enlighten the vendors and help the workers understand the type of building material to use. The images can also be used to determine and estimate the character and quantity required for the project. BIM and modular construction will help reduce the wastage of resources by recognizing the areas where energy improvement and testing can be carried out. 

    The focus of the construction industry is now fixated on both sustainability and energy-efficiency of the project by employing advanced technologies. With shrinking timelines and rising costs, the construction magnates find it imperative to adopt the latest trends to remain relevant in the market.

    See Also: Top Construction Technology Companies

    tag

    3D Printing

    Cloud Computing

    IoT

    Building Information Modeling

    Weekly Brief

    loading
    ON THE DECK

    Content Management System 2020

    Top Vendors

    Contactless Payments 2020

    Top Vendors

    Admired Tech 2020

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Four Security Issues in IoT

    Four Security Issues in IoT

    Four Use Cases of AR/VR Technology in Employee Training

    Four Use Cases of AR/VR Technology in Employee Training

    Five Major Trends in Digital Transformation for Businesses

    Five Major Trends in Digital Transformation for Businesses

    How Blockchain Reinvents Regtech

    How Blockchain Reinvents Regtech

    Five AI Technologies to Help Boost Business

    Five AI Technologies to Help Boost Business

    Popular E-Commerce Growth Trends in 2021

    Popular E-Commerce Growth Trends in 2021

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/technology-that-will-slingshot-construction-tech-to-new-heights-nwid-7258.html