The year 2020 has brought changes to many businesses in various sectors; however, the industry of construction appears to be going through a fair share of changes as well. These changes are changing the way construction is functioning within a brief period, while the tech adoption rate is rising in the meantime as one of the current changes in the industry of construction.
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Safety on Construction Sites is Improving
With the end of the first quarter of 2020, construction sites are getting safer and cleaner, rapidly changing the environment where construction workers can feel safe and work in more secure surroundings. Aside from wearing extra protection, workers are being monitored with the help of technology as contractors are investing in drones and more advanced real-time monitoring systems.
Tech Adoption and Technology Implementation
New trends, as well as the situation with the ongoing pandemics, are calling for an acceleration in terms of faster adoption. Radical changes in the way businesses are operated through communication and the overall execution of construction plans are calling for aid in the form of emerging tech innovations. The use of machine learning, AI, cybersecurity tools, construction project management, robotics and tech innovation in construction is already showing amazing results for construction companies that are already using the latest technology to improve their business and generate more profit while cutting the time for project completion. By far, the problem was seen in the slow adoption rate, however, the year 2020 is already showing a 44% increase in tech adoption interest. According to 44% of surveyed companies, there should be a significant increase in tech adoption across the sector of construction in the next 2 years as the industry is marking increased productivity by utilizing technological innovations such as the use of robotics, the Internet of Things and AI for instance.