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The construction industry is facing a wide range of challenges at a time when projects are becoming larger and more complex. Economic instability is resulting in rising costs, businesses struggling to integrate new technology and difficulties in recruiting new talent resulting in a growing skilled labor shortage.
At the same time, new regulations and compliance burdens, material and supply chain volatility, a fragmented value chain, and the siled nature of current software solutions are all increasing project complexity.
Furthermore, because many businesses have not yet digitized their value chains, data loss is becoming higher. Construction projects depend not only on accuracy and timeliness, both of which are influenced by data quality, but also on the ability to coordinate information among multiple stakeholders: contractors, suppliers, customers, and others.
Failure to address data challenges increases the likelihood of rework and drives costs even higher.
value added technology
The evolving nature of problems in manufacturing is driving companies to consider broader technology adoption. But many people are not understanding the full importance of such changes.
Tech provides a sense of predictability that reduces the challenge of delivering complex projects; It helps businesses strengthen capabilities in quality, cost, scheduling, security and sustainability, and opens up opportunities to de-risk broader business processes with the confidence gained from success in adjacent digitized operations. In other words, it empowers organizations for the safe landing of a project.
Tech can have a transformative impact on many aspects of business. One Study found that in one year alone, bad data – defined as “incorrect, incomplete, inconsistent or untimely numbers” – cost the global construction industry $1.8 trillion. If the entire value chain goes digital, there is less chance of critical information being lost, more friction, and less risk of rework.
Digital tools can also help with resource allocation, which is important in times of labor shortage.
And they can also help advance labor. Generation Z wants their work to be as digital as possible – in fact, a recent study Found that 70 percent of Gen Z workers would completely change jobs for better technology.
It is important for the construction industry, which involves cold outdoor sites, manual labor and menial jobs. For example, recruitment would be easier if less lucrative jobs could be automated.
Connecting office and area
Not only can technology help bridge silos by creating a single source of invaluable data, but it can also bridge the distance between the office and the field.
This is the central focus of Trimble, which supports customers in more than 175 countries. It provides the global manufacturing industry with hardware and software solutions that enable companies to connect the key components of their operations – people, data and workflow.
By connecting workflows using Trimble’s Connect and Scale strategy, businesses are able to optimize real-time communication between the office and the job site, facilitating faster, more informed decision making and significantly reducing the incidence of errors and delays.
“When teams work in disconnected systems, mistakes go unnoticed until they become costly problems,” says Naseem Saud, director of EMEA at Trimble. “Failure to share the right data at the right time leads to budget overruns, avoidable errors and costly delays.
“Prioritizing connected workflows helps ensure everyone is working from the same set of reliable, real-time information. This strategic alignment drives better decisions, stronger collaboration and more predictable project outcomes, reducing avoidable errors and costly delays.”
Productivity increases competitiveness
Technology can transform the construction industry by addressing the challenge of not only productivity, but also sustainability.
A business that works on both is more competitive – after all, if productivity is boosted, project quality increases, costs are optimized and deadlines are met; If sustainability goals are realized and a brighter future emerges for the industry, an important priority for Gen Z workers is met.
In short, by boosting competitiveness, the talent that construction sector businesses need is more likely to arrive – and more likely to stay the course. Trimble’s goal of helping its customers build better, cheaper, faster, safer and greener is set to revolutionize not only individual companies, but the entire construction industry.
For more information visit trimble.com,