5 Key Trends For Digitalization In The Construction Industry
Blog: Flowforma - BPM
There is a race to digitize in construction. The industry is embracing new technologies at speed, from automation to BIM and analytics tools. However, with so many products on the market, it can be difficult for business leaders to know which to invest in.
Introducing the right tools, hardware, and software can be game-changing for a construction firm. The industry faces many unique challenges, such as:
- Project delays
- Labor shortages
- Compliance regulations
- Worker productivity
- Poor visibility and reporting
- Rising cost of materials
On top of this, digital transformation isn’t as simple in construction as it is for other industries. Projects are complex, contractors and subcontractors are brought in on a short-term basis (and don’t have time to learn new tools), and builds happen on problematic construction sites, where it is difficult to deploy technologies.
Despite these challenges, digitization in the construction industry is moving forward. Business leaders are adopting digital construction tools and seeing the benefits of their investment. But which technologies have been most effective and how are they changing projects for the better? Here we identify five key trends which are taking the industry by storm.
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