2017 was a banner year for construction technology innovative, and the momentum is not likely to slow down in 2018. If your company is one of those that embrace technology to improve efficiency, safety, cost, and construction quality, here are some innovations to watch this year.
In many cases, the ability to manage risk creates the difference between a successful construction firm and one that struggles to survive. Predictive analytics make risk management much simpler.
Last year, Project IQ ran a series of beta tests with industry-leading companies to see how much they could help these firms manage risk by using predictive analytics. Project IQ takes data from subcontractors, design plans, materials suppliers, and the build site and analyses it to examine risk factors. General contractors can use a dashboard to identify which parts of their project carry the highest risk and examine the reasons behind the risk assessment. Project IQ uses past data and how contractors interact with the presented information to provide more accurate and useful risk assessments.
Project IQ is expected to be made available to the wider construction industry in 2018 and improve the way that users manage their risk.
Virtual reality is no longer limited to the gaming industry. Winter Construction recently employed 4D to completely immerse stakeholders in various planned construction environments such as the planning and design stages. Allowing decision makers to experience plans before they were finalised resulted in both stronger buy-in and plans that met expectations.
Until now, virtual reality has been confined to the most innovative and advanced organisations. Now, it is more widespread and in demand from project owners. 4D environments enable construction firms to plan all aspects of their projects and improve everything from efficiency to safety as well as deliver a higher-quality final product.