Technology is always advancing, and that means more products to invest in. Your company may be inclined to think that your processes are adequate enough with the current level of technology you own. However, new construction technology has a number of benefits for optimizing your workflow.
From cloud collaboration to better automation, you’ll wonder why you waited. Technology adoption doesn’t have to be complicated, either. Once you’ve made the switch, you’ll find plenty of systems set up to make future changes much easier.
Here are seven ways new construction technology will help your workforce.
1. Bid Day Analysis
Construction bid management software helps organizations with the bidding process. You can use it to create contracts, estimate and bid, and more.
Increasing your profit margin means accurately estimating labor hours and managing your budget. Bid management tools like BidMatrix can also enable you to automate your cost-per-click bids for different campaigns.
In other words, you’ll save time and money while making the best decisions for your company.
The top construction bid estimating software today can create an audit trail, historical database, help with project management and analytics, and can provide what-if analyses instantly.
2. Cloud Computing
Cloud computing is the future of tech connectivity. When your work is on the cloud, you aren’t limited by location or the device you’re using. It’s flexible, secure, cost-effective, and future-proof.
As your company grows, so does your number of business files. You will run out of physical storage at some point. Or you’ll be on the road and realize that you’ve left an important document all the way back in the office.
For those not in the know, cloud computing services refer to an online service that lets you do work off of their systems. You use their online storage center to store, send, and retrieve files. In some cases, the software you use may function completely off of the cloud through a web browser.
By using a cloud service, you can store a lot of data in a secure place that you’re not completely responsible for. You don’t have to pay for security to watch your servers or for IT to make sure it’s running smoothly.
One such service you should look into is Acumatica Construction Edition, which is built for contractors, sub-contractors, builders, and construction firms to streamline their processes and provide more visibility.
3. Cloud Collaboration
On top of the previously mentioned benefits of cloud services, you can also collaborate seamlessly through the cloud.
Construction projects are often broken down into multiple teams to handle different parts of the job. For example, one team may handle the demolition while another handles cleanup.
When everyone’s working off of the same network, there are no mix-ups when it comes to scheduling or other moving pieces. A local network may not connect as many teams across larger distances, but a cloud network has none of those problems.
As long as they have a solid internet connection, all of your teams can work together.
4. AI for Data Analysis and Automation
Something you’ll see more of with new technology is the use of artificial intelligence. AI can warn you when a piece of machinery is about to hit something. Your AI can also analyze your data faster and better than a human worker, saving you time and money.
Depending on your industry, you’ll also see AI bring automation to your processes. Multiple companies already make use of AI in their daily workflow, such as Amazon with robots that move packages around the warehouse floor.
However, there’s only so much they can automate in the construction industry. Each job is complex and requires hundreds of different tasks, so the required system needs to have a deep knowledge of construction management. Until the tech improves more, you’ll mostly only see AI used in the office.
5. Project Planning and Viewing Progress
One type of technology that’s seeing more use today is augmented reality. While virtual reality devices let you see an artificial landscape, augmented reality is layered on top of the real world using a mobile device.
With AR, construction teams can better visualize a project for their workers. You can lay out a 3D model in a real-life space so that they can see the expected finished result before it’s actually built.
Augmented reality can also help point out temperature spikes and unsafe conditions. Drones can also work with it to monitor progress and take measurements for a project.
With this tech, you can show off things that you would normally struggle to visualize for others.
6. Boost Safety
All the new construction technology constantly being introduced into the field is designed to boost productivity and safety in the workplace.
One of the struggles of managing construction risk and compliance is identifying and interpreting potential worksite risks. New technology can record observations, track employees, and analyze safety inspection data so you don’t have to.
However, this isn’t limited to computer programs. Future construction robots will be able to work tirelessly on repetition without human error. There are also projects designed to remove workers from high heights safely, rather than relying on dangerous gondolas.
7. Digital Twins
In the past few years, digital twins have risen in popularity. A digital twin is a digital replica of an actual building kept in sync with it. It allows workers to analyze a building more easily and optimize their workflow.
An advantage of utilizing digital twins is the ability to work seamlessly with your team, even from a distance. With social distancing and remote workers, it’s an essential function.
Invest in New Construction Technology Today
If your construction company has a lot of history, you may be hesitant to buy new construction technology for it.
However, the benefits far outweigh the cost. You’ll be creating a safer, more efficient environment for your workers that’s future-proof and compatible with newer software and technology.
Acumatica Construction Edition is one such cloud ERP platform that connects your financials with your platforms. Contact us to learn more about what we have to offer!