flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Three ways construction leaders harness digital transformation

Contractors

Three ways construction leaders harness digital transformation

The construction industry is lagging behind others when it comes to digital transformation. Some construction firms “are still using paper-based processes that can only be described as archaic,” according to a 2016 report by PricewaterhouseCoopers LLP’s Strategy1.


By Amex | October 26, 2018

The industry’s old-school ways mean contractors waste time and money mailing revisions to blueprints, tracking paper receipts and invoices, or traveling long distances to do on-site inspections of small changes.

95% of construction and engineering professionals think tech/innovation will significantly change their business2.

As construction professionals shoulder even more pressure to boost razor-thin profit margins, leaders are beginning to embrace the digital revolution. Fifty-five percent of construction and engineering professionals said their industry is ripe for disruption in a 2017 global survey conducted by KPMG; 95% think technology/innovation will significantly change their business; and 74% believe such a change will happen in less than five years2.

Digital disruption doesn’t have to be a burden. Here are three ways to harness digital tools to your advantage.

 

Manage Projects From Anywhere

 

Manage Projects From Anywhere

Hard drives and technology are more visible than ever on the job site. Crews are now using tablets, for example, to review and inspect plans instead of old-fashioned paper blueprints. Some new applications help managers inspect remote sites by providing digital photos.

In addition, project management software can save time and increase transparency by ensuring that updates, revisions and plan changes are shared in real time, cutting down on errors and delays.

 

Manage Jobs Better On-Site

 

Manage Jobs Better On-Site

Increasingly, on-site job leaders are using tech to monitor and improve operations in real-time.

New mobile platforms allow foremen to update blueprints immediately on-site, instead of having to make the trip back to the office. Workers can annotate and track punch lists from the construction zone, letting them work nimbly in the field when inevitable changes on-site arise.

New mobile platforms allow foremen to update blueprints immediately on-site, instead of having to make the trip back to the office.

Being able to adjust or change plans in real-time reduces or eliminates the time-delay that can be a killer on projects. Some digital tools allow foremen to immediately retrieve and compare data on actual project hours, budgeted hours, and remaining hours, which helps keep projects on or close to budget.

Harry, a VP of Operations at a midsize construction firm, said the way that work gets done is definitely changing. “There's not too many contractors that don't have somebody that’s schooled in software,” he said. “Most of them have gotten smart enough to know that that helps.”

 

Track Expenses, Everywhere, Digitally

 

Track Expenses, Everywhere, Digitally

Having centralized expense control enables the home office to get a birds-eye view of all the project expenses — even those out-of-state.

Owners of mid-size construction firms say that it helps control expenses when their out-of-state workers are aware that their spending is being reviewed regularly.

Jake, the owner and operations manager for a construction firm that does about $25 million in annual sales on projects in multiple states, said, “We want our guys that are out of state to be aware that we're reviewing what they’re spending.”

Turning to the latest digital solutions helps construction leaders quickly and easily tabulate expenses and other various needs for projects. Additionally, by avoiding paper, expenses don’t fall through the cracks and pile up without your knowledge.

Custom business Credit Card programs allow firms to digitize their invoices, track expenditures and automate payments through online dashboards.

“We know ahead of time what our costs are going to be,” said Robert, president of a mid-sized construction firm. “We break up those costs, allowing our field personnel to make purchases for specific projects, up to a certain amount.”

Custom business Credit Card programs allow firms to digitize their invoices, track expenditures and automate payments through online dashboards.

“When we were looking around, I asked a couple of friends what they were doing as far as controlling their expenses and what they thought was the best way to go,” Robert said. “Most of them are using a combination of corporate cards and online financial management tools to manage their cash flow.”

 

12016 Engineering and Construction Industry Trends

2KPMG: Waiting for the Technology Breakthrough

Related Stories

K-12 Schools | Aug 8, 2024

New K-12 STEM center hosts robotics learning, competitions in Houston suburb

A new K-12 STEM Center in a Houston suburb is the venue for robotics learning and competitions along with education about other STEM subjects. An unused storage building was transformed into a lively space for students to immerse themselves in STEM subjects. Located in Texas City, the ISD Marathon STEM and Robotics Center is the first of its kind in the district. 

Products and Materials | Aug 8, 2024

EPA issues $160 million in grants for clean manufacturing of steel, other construction materials

The U.S. Environmental Protection Agency will provide 38 grant recipients with nearly $160 million to support efforts to report and reduce climate pollution from the manufacturing of construction materials and products.

Green | Aug 7, 2024

Major cities worldwide set building performance standards

Cities around the world are setting building performance standards (BPS) as a key measure to cut emissions and meet climate targets, according to a report from JLL.

Architects | Aug 5, 2024

Mastering the art of project schedule: Expert insights on design and construction

We sat down with two experts in the design field, Ron Dick (Founding Partner and Architect) and Mike Niezer (COO and Architect), to talk about everything you need to know about the entire process.

Regulations | Aug 4, 2024

Diversity rules largely ignored on Boston construction projects

Not a single construction project in Boston over the past four years has met all the rules intended to diversify the construction industry and increase the number of city residents working on construction sites, according to a report in the Boston Globe.

Education Facilities | Aug 4, 2024

A former supersonic wind tunnel becomes a new educational facility for transportation design

The Mullin Transportation Design Center at ArtCenter College of Design in Pasadena, Calif., provides access for full-scale vehicular models, replicating a professional design studio.

University Buildings | Aug 1, 2024

UC Riverside’s student health center provides an environment on par with major medical centers

The University of California, Riverside's new Student Health and Counseling Center (SHCC) provides a holistic approach to wellness for students throughout the UC Riverside campus. Designed by HGA and delivered through a design-build partnership with Turner Construction Company, SHCC provides healthcare offerings in an environment on par with major medical centers.

MFPRO+ News | Aug 1, 2024

Canada tries massive incentive program to spur new multifamily housing construction

Canada has taken the unprecedented step of offering billions in infrastructure funds to communities in return for eliminating single-family housing zoning.

Government Buildings | Aug 1, 2024

One of the country’s first all-electric fire stations will use no outside energy sources

Charlotte, N.C.’s new Fire Station #30 will be one of the country’s first all-electric fire stations, using no outside energy sources other than diesel fuel for one or two of the fire trucks. Multiple energy sources will power the station, including solar roof panels and geothermal wells. The two-story building features three truck bays, two fire poles, dispatch area, contamination room, and gear storage.

Contractors | Aug 1, 2024

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.

boombox1
boombox2
native1

More In Category



Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 


halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021