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HOW CONSTRUCTION TECHNOLOGY IS

RESHAPING THE CONSTRUCTION INDUSTRY


Miles Rich
8/13/2020
INTRODUCTION
• Science and technology has continuously changed several industrial
companies;
Based on the major developments and advancement in human history;
technology has proven to be the greatest achievement of mankind.
The introduction of technology continues to remarkably transform and
support urbanization and the growth of businesses worldwide.
The 21st-century world is experiencing one of the greatest transformations
at a rapid speed that requires people to make adjustments and key into the
change brought by technological advancement (Jones, 2020).
It is evident that the world is transforming faster than ever and as such,
there is a need to shape the future of construction.
THE CONSTRUCTION INDUSTRY GROWTH
• The world population in the urban areas is rapidly increasing at a rate of
200,000 people per day (Jones, 2018).
With such a rate, there is always an increase in demands such as utility
infrastructure, transportation, affordable housing.
In the face of such challenges, it is the obligation of the construction
industry to key into such and solve the issue.
While most industries continue to experience changes, the Engineering &
Construction sector is still hesitant.
With the current challenges and problems facing the construction
industry, the adaptation and implementation of the construction
technologies will reduce their impact and enable the advancement of
streamlined processes, tackling more complex projects, improve
collaboration, and increase productivity.
BACKGROUND ANALYSIS
• Over the years, the construction industry continues to face several challenges
and problems;
The engagement of complex and complicated projects without the proper
knowledge of IT
The increase rate of the world population pressuring the need for more
infrastructure and social amenities.
Persistent fragmentation of the industry with the reluctance to fully
embrace the new construction technologies.
Underinvestment of construction technologies.
However, the industry is looking forward to a glorious future driven by
technology
NEW CONSTRUCTION TECHNOLOGIES
THAT WILL RESHAPE THE
CONSTRUCTION INDUSTRY
• The industry has begun to invest heavily on several
new construction technologies such as;
a. Artificial Intelligence (AI), and drones,
b. Construction Software,
c. Building Information Management (BIM),
d. Project Management Software,
e. Autonomous equipment, and Robots,
f. Computer-Aided Design, and Internet of
Things (IoT).
• With such technologies, there is assuarity that the
construction industry’s future will help provide the
best Smart infrastructures (Holt, 2015).
TECHNOLOGY AS THE SPEARHEAD OF
TRANSFORMATION IN THE CONSTRUCTION INDUSTRY
• Compared to other global sectors, the E&C sector has been slower to adapt and
adopt to the new technologies.
 The major challenges and problems experienced by the industry is due to lack
of technology.
 For instance, the growth rate of the industry accounts to 6% of global GDP
(Jones, 2020)..
 However, any successful adoption of contemporary innovative process and
improvement in productivity can spearhead a major impact in the future for
the industry.
 All change lies in the industry’s ability to embrace technological
advancement.
TECHNOLOGY AS THE SPEARHEAD OF TRANSFORMATION
IN THE CONSTRUCTION INDUSTRY (PART II)
• At the verge of every transformation, there is always a technology behind it.

As the sector continues to strongly affect the environment, the economy, and the
community at large, it forces the industry to improve its attitude about adapting
technology (Holt, 2015).
It is believed that technology will spearhead one of the greatest transformation
in the sector in the future.
Therefore, technology offers tremendous opportunities for the industry to
experience the transformation.
Recently, there has been a substantial improvement within the industry, as more
companies are rapidly experiencing change.
WHY THE INDUSTRY NEEDS
TECHNOLOGY?
• As per Jones, (2020); industries strive every
time to compete at different levels;
In terms of low production costs

High skilled labor force

Engaging in complex and complicated


projects.
Affordable construction prices for clients

Using complex and innovative new


technologies.
WHY THE INDUSTRY NEEDS TECHNOLOGY
(PART II)
• In the 21st century, needs of mankind continues to increase contributed by the
construction industry
The industry needs technology to help improve the global infrastructure
and the economy in general.
There is still competition within the market as new companies are
entering the market.
Lack of skilled workforce and shortage workforce .
The high cost of production process
Poor infrastructure and structural management.
HOW IS TECHNOLOGY RESHAPING THE INDUSTRY

• Technology has gained popularity and made strides in the industry due to (Jones, 2018);

Its benefits that rapport with the current needs.

It has reshaped the industry in how it operates, delivers and maintains its built assets.

It has helped improve Jobsite safety, minimize project risk, and boost efficiencies.

Furthermore, the human resource (HR) has been able to improve its recruitment and
hiring process
HOW IS TECHNOLOGY RESHAPING THE
INDUSTRY (PART II)
• For years, the industry has neglected the use and impact of
technology in its future endeavors.
With the constant challenges surfacing the industry, it only requires
technology to experience tremendous change (Holt, 2015).
Now, the industry is able to use drones to inform the project managers
about the work progress.
Using digitalization process to make decision based solutions
Virtual reality and wearable sensors to improve safety for successful
building process.
.
THE INDUSTRY FINALLY EMBRACING
TECHNOLOGY
THE INDUSTRY FINALLY EMBRACING
TECHNOLOGY PART II
• With the constant changes in the global market, there was an
urgent need for;
The industry to adapt to the changes and fully embrace technology

The industry understood the impact of technology in today’s competitive


market.

The development of advanced technologies that will assists the current


workforce to both meet the standards and demands of the stakeholders and
clients.
TRAINING PROGRAMS
• The construction industry needs to implement training
programs to fully embrace and accept the new technologies.
Statistics reveal that 39 percent of the industry lacks personnel with
the knowledge and skills to operate such technologies (CIOReview,
2019).
The industry’s future is highly dependant on how much contractors
can utilize these technologies.
Therefore, integrating training programs in the construction firms can
be useful for effective utilization.
CONCLUSION
• In conclusion, construction technologies have proven to be the
most useful tools for;
Constructing better Smart infrastructures /energy-efficient structures
Improving the quality of services and productivity
Boosting efficiency and tackling complex projects
Lowering the cost of production.
Meeting the needs and demands of clients at a timely manner.
Boosting productivity and performance
CONCLUSION CONTINUED

• Furthermore, there is a need for further investment in the


future for technologies.
This will help to impact the overall productivity and performance
It will ensure jobsite safety for workers
Conclusively, from the above presentation slides, it is evident that
technology continues to reshape the sector.
REFERENCES
• CIOReview. (June 14th, 2019). New Age Technologies Reshaping
Construction. Retrieved from
https://www.cioreview.com/news/new-age-technologies-reshaping-constr
uction-nid-29212-cid-25.html
• Holt, E. A. (2015). Emerging Technology in the Construction Industry:
Perceptions from Construction Industry Professionals. Age, 26, 1.
• Jones, K. (2018). How Technology is Reshaping the Construction
Industry.
• Jones, K. (April 16th, 2020). Construction Technology is Reshaping the
Industry. Retrieved from
https://www.constructconnect.com/blog/technology-reshaping-constructio
n-industry

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