The commercial construction industry has a lot of technology and innovations that can help make projects more efficient and cost-effective. These trends and technologies include drones, 3D printing, high-tech protective equipment, and more.
Other new trends in commercial construction focus on sustainability and green building. Additionally, more companies are looking for flexible spaces that can adapt to their business needs over time.
AR is a versatile technology that overlays digital interfaces on top of real-world environments, typically through goggles or masks. Although it’s a relatively new trend, AR has the potential to streamline construction processes from design and planning to project management and safety.
For example, it allows teams to collaborate on-site without physically visiting the location. It saves time and reduces the risk of errors.
Furthermore, augmented reality enables 3D blueprints to be viewed in real time. It allows project managers to identify and troubleshoot problems before starting new construction. It can also help reduce building costs as rework caused by error is avoided.
It is beneficial when working with investors, as they can tour a space during or well before construction begins. It enhances investor buy-in and can speed up the sales process. Additionally, AR can be used to track equipment on-site. It helps teams quickly locate machines and allocate resources, which improves efficiency and cuts down on waste.
Regarding project performance evaluations, data is essential for commercial construction companies. Data analytics provides insights into various project areas, including margin gain/fade analysis and direct cost overrun/underrun analysis.
This information is gathered from various sources, including machine telematics, inventory tracking, BIM and blueprints, and staff location tracking systems. Using data analytics, construction companies can make informed decisions and mitigate risks to avoid costly errors on future projects.
It is also used to ensure that all contractors have the equipment they need on-site, that employees work at total capacity, and that all tasks are completed on time. Data also helps reduce disputes and claims from miscommunication or inaccurate reporting. Reports should be corrected to avoid severe setbacks in a project, such as delays or budget overruns. By emphasizing the use of technology on a construction site, companies can reduce these issues and improve overall project performance.
Companies are embracing technology to optimize and simplify their commercial construction processes, which is becoming increasingly essential as demand for these services rises. For example, a task that once involved three-person crews conducting layout and elevation verification can be completed by a single individual and a robotic total station, saving hours while improving accuracy.
In addition to reducing manual work, using new technologies can also improve efficiency and reduce costs. Using digital payment systems can simplify the process of importing invoices and making them available for review, approval, and payment, which reduces data entry tasks and ensures timely payments to vendors.
Adaptable spaces are rising in commercial construction, from office meeting rooms that transform into yoga studios to warehouses that can change layouts to suit different uses. However, these spaces require more controls and integration of all building systems to meet the needs of unique occupants. For instance, HVAC and lighting systems must be responsive to varying conditions.
High-Tech Supply Chain Platforms
Despite being known as a tech lagger, the construction industry is starting to embrace technology. Companies that adopt tech tend to outperform those that don’t, which is why builders are seeking tech-driven solutions to boost productivity and efficiency.
Examples include intelligent project management like job scheduling software, remote collaboration tools that keep teams connected, even when working in different locations, self-driving equipment that reduces accidents, and alternative materials such as bendable concrete or engineered timber. Alternative materials help with cost savings while reducing the environmental impact of traditional building methods.
More intelligent security infrastructure is also being developed to protect supply chain data. It is critical as the industry becomes a target for cybercriminals looking to gain access and disrupt projects. It is being accomplished through technologies such as intrusion detection and prevention systems. They’re being built into hardware and software solutions to protect both ends of the construction process. Moreover, they can identify vulnerable links in the chain and respond quickly.