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Technology trends that will dominate the construction industry in 2020

Technology trends that will dominate the construction industry in 2020 RealtyMyths

By Kaustav Das, Head Prime Business, Highbar Technocrat Limited

The global construction industry is witnessing a rapid pace of change. Within the last decade, new technologies have holistically integrated into the way construction activities are executed. The year 2020 is expected to further unfold the application of disruptive technologies as well as drive their adoption by construction professionals.

Here are some of the top technologies which will dominate the construction industry in the year 2020-:

Internet of Things (IoT)

From sensors embedded in construction machines to smartphones and tablets, construction activities at present involve a host of connected devices. This trend will further escalate in the ongoing year as IOT will empower construction and infrastructure professionals with auto-update of their project files as well as leverage real-time data for more efficient, faster and safer construction.

The technology will also thrive in enabling construction professionals with instant access to a host of project information at their fingertips, on mobile devices, which was a daunting task in the past.

Building Information Modeling (BIM)

BIM is a modern software utilized for creating and managing all information related to a construction project right from the planning stage to post-completion.

With BIM, architects can create detailed 3D models of their structures as well as forecast and monitor their performance. These cutting edge features of the technology empower professionals to plan the projects better, identify unexpected glitches proactively, enhance structure quality and achieve cost efficiency.

Virtual Reality/Augmented Reality (VR/AR)

Virtual reality is offering construction professionals with transformational opportunities to train and design. VR headsets are being used to overlay designs on real construction structures for precise measurements and readings.

2020 will witness increased utilization of the technology particularly from the safety perspective. Virtual technology will be aggressively used to diagnose safety hazards proactively at construction sites, preventing mishaps and improving worker and structure safety.

Artificial Intelligence (AI) and Analytics

With data becoming the primary driver at modern construction sites, AI and analytics will become more extensive in usage. Processing information garnered through sensors and inputs from workers, Analytics and AI tools generate in-depth reports detailing project performance and time forecasts, expenses as well as other important metrics.

The year 2020 will further experience greater adoption of these technologies in empowering construction professionals with unparalleled insights to enhance the efficiency of the projects. The technologies will also play a vital role in shrinking material wastage as well as real-time identification of issues to reduce operational expenditures.

Cloud Technology and Paperless Documentation

 Project management in the construction domain is shifting rapidly to an online ecosystem. Cloud technology along with automation in Document Management Solution(DMS) will enable professionals to enhance collaboration. A digitised workflow across the organisation will lead to faster completion of projects, eliminating communication barriers, better access to information for decisions, improved tracking of accounts payables and receivables to streamline cash flow, enable compliance and reduce costs of construction and post-commissioning maintenance.

Modularisation and 3D printing 

The year 2020 will see 3D printed prefabricated construction components becoming more mainstream. A surge in their usage will primarily come from their unique ability to shrink time and labour requirements.

Modularisation enables faster and more economical construction with ready to install segments which significantly reduces the work hours of labourers.

Robotics

Robotic equipment is expected to take over a host of construction tasks dependent on manual labour, in the year 2020. It is also important to understand that robotics will not completely render the human tasks obsolete but will empower the workers with more productivity and safety.

Supply Chain Optimization 

In 2020 and beyond, construction companies will extensively focus on automating their manual procurement process. Technology startups are expected to play a pivotal role here enabling construction players in the seamless purchase of materials as well as induction of new talents.

The construction industry will also witness traction in more competitive bidding with greater visibility in costs and availability of equipment, materials, and labour. This type of model could be quite valuable to prefabricated components that are manufactured off-site.

The author may be contacted on enquiry@highbartech.com for any further clarifications or to discuss how the above trends apply to your organization.

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