Trade contractors can easily find themselves facing losses from service contracts that are priced too aggressively, penalties for missed service level agreements (SLAs), inconsistent subcontractor delivery, and an inability to adopt new disruptive technologies, such as the internet of things (IoT).
Bringing Connected Data to Life Helps Building Owners Make Better Business Decisions
The internet of things (IoT)—it’s a clumsy term that the construction industry better get used to. Gartner estimates there will be more than 26 billion connected devices by the year 2020, and McKinsey researchers peg the potential economic impact of IoT technologies to be between $2.7 trillion and $6.2 trillion annually by 2025.
No Room for Error as Data Center Construction Ramps Up
Data center construction increased 43 percent between 2016 and 2017, according to a report by Jones Lang LaSalle, and that momentum is not expected to slow anytime soon.
Construction Technology and Software Rundown: Feb. 2, 2018
This week’s rundown focuses on data tracking and analysis, project management, a new tech report and a robotic bridge inspector.
ERP and Big Data Key Investment Areas for Digital Transformation in Construction
IFS’s Digital Change Survey shows that construction, engineering and infrastructure companies are focused on driving process efficiencies through investments in technologies for digital transformation.
Four Cloud Computing Trends to Track in 2018
Four cloud computing trends affecting construction companies in 2018 are continued movement of IT infrastructures to cloud hosting service, rise of hybrid clouds, emphasis on integration and workflow and cloud-based business intelligence.
The Internet of Construction
IoT gives contractors a means to stop reacting to problems and act proactively. Equipping a site with smart devices to relay vital data on the site’s environment and performance can be used for everyday decision making and strategic planning.
The Inside Scoop on Developing In-House Apps
Several reasons drove four contractors to spend months developing company-specific apps, including a dislike of paperwork, a drive toward efficiency and a lack of off-the-shelf solutions that cater to construction operations.












