How is IoT Transforming the Construction Industry?

IoT Changing the Construction Industry

The concept of the Internet of Things (IoT) has been around for decades. Innovators have been waiting for technology to evolve far enough to put it into practice since its inception.

While the construction business is evolving at a sluggish pace, organizations that use technology to effectively solve common workplace challenges and optimize operations gain from enhanced efficiency and improved responsiveness to the sector’s growing demands.

Construction businesses are always seeking innovative methods to improve operations and make sites safer in an industry known for health and safety difficulties, cost overruns, theft, and a variety of other site issues. Answers can be found in digital tools, the Internet of Things (IoT), and data analytics. However, the industry is still reluctant to use IoT as many players are still not ready for the technological change and are skeptical of its potential.

What is Internet of Things (IoT)?

The Internet of Things, or IoT, refers to the abundance of physical objects that surround us that are integrated with technological software and devices such as sensors, trackers, storage, and other devices to be able to interchange, generate, and operate data that is thus received and delivered.

Each object is uniquely identifiable thanks to its embedded computing system, but it can still work with the existing Internet infrastructure. Experts had earlier predicted that by 2021, there will be around 40 billion active endpoints on the market. More than 70 billion active IoT connections are expected by 2025.  Internet of Things (IoT) is an evolution to transform industries, automate processes, and improve ROI.

IoT transforming the construction industry

IoT and the Construction Industry

The construction industry is presently evolving and expanding to fulfill the needs of the population, new strategies, procedures, and technologies are being adopted to increase efficiency and battle the current construction business issues and concerns.

Construction projects are notorious for being late and missing deadlines and the AEC sector is one of the industries most primed for change. IoT can boost production, on-site safety, and operational efficiency. Managers can improve worksite visibility in real-time by deploying low-power sensors at every stage of a project, from planning to construction to post-construction operations. Another option is to use IoT-enabled management systems to track material deliveries to construction sites, allowing you to meet deadlines while also saving money.

Construction is one of the industries most primed for change, and IoT can boost production, on-site safety, and operational efficiency. Managers can improve worksite visibility in real-time by deploying low-power sensors at every stage of a project, from planning to construction to post-construction operations.

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Applications of IoT in the Construction Industry

IoT transforming the construction industry

Following are a few examples of real-world IoT applications in the construction industry:

1. Real Time Site Management

IoT technology can be used to locate not only the workers on the job site but also to keep them out of the danger zone. This can be used to create a real-time map of the construction site so that everyone knows who’s where and what work is being done. In the case of a truly dire situation, some danger zones and managers’ only zones can be marked on the map, and others can be discouraged from entering such spaces if it’s not necessary. IoT Devices may capture all of this data on the site and put it to good use for the projects.

2. Monitoring Construction Site

The integrated and controlled component may monitor humidity, temperature, and pressure calculations using IoT technology to alert management of any potential injury that necessitates rapid repair. Using a variety of sensors, such as noise, vibration, motion, and others, construction site managers may ensure regional safety, predict and mitigate natural catastrophe damage, and respond rapidly to on-site mishaps.

3. Wearables

These are the gear that everyone working on a construction site, especially workers, must wear. If the worker gets too close to a risky zone, this can be utilized to alert him. This is also used to track the position of a worker in the event of a tragedy or injury. Such wearables are furnished with essential sensors that are connected to the main server, which serves as a data repository and, in some ways, a control room where real-time instructions can be issued to workers.

4. Maintenance Systems

IoT applications can support keeping track of fresh and imminent construction-related expenses on and off the job site. They provide precise and accurate data that may be recorded and tracked.

5. Equipment Control

IoT sensors can operate machines with higher precision and minimal human involvement.

6. Fleet Management

IoT solution can support logistics and optimize streamline fleet management by optimizing transit routes and maintaining vehicles.

IoT and The Future of Construction Industry

Construction will thrive with data and digital tools: According to KPMG, 95% of construction organizations believe emerging technology will fundamentally impact their industry, and PwC estimates that 98 percent of construction companies expect digital tools to enhance efficiencies by 12%. IoT tools can help construction organizations use real-time data to help them flourish in an industry known for pricey overruns, expensive equipment, skilled labor shortages, and increasingly short project timetables.

According to McKinsey, over 98 percent of construction sector “mega” projects have cost overruns of more than 30%, and three-quarters are more than 40 percent late. Scope modifications, arguments between customers, contractors, and subcontractors, labour and material cost increases, faulty forecasting, unforeseen events, and poor monitoring are all examples of technical issues that cause cost overruns.

Digital technologies such as IoT-enabled predictive maintenance or augmented reality are expected to increase efficiency in the construction sector. Construction is poised for digital transformation, and companies that fail to adapt quickly risk being left behind. The future of IoT in construction appears bright.

IoT transforming the construction industry

The AEC industry is embracing the benefits of cloud technology, CAD Outsourcing collaboration, and data management solutions to gain a competitive edge.

INDOVANCE Inc with its exclusive delivery hub in India is a global CAD outsourcing partner serving the needs of the AEC industry since 2003. At INDOVANCE we focus on the unique need of each project or client and believe in addressing the real challenges and guarantee that the process will be well-coordinated, smooth, efficient, and hassle-free. 

We collaborate with our customers around the world to develop bespoke business solutions pairing our enormous engineering talent pool with cutting-edge technology. To deliver long-term engineering and business strategies, we align with your culture and processes to create an unbreakable partnership. With over 200 full-time employees and more than 250 customers in the US, Europe, India, and Asia, we are poised for the next level of success.

Having 18+ of experience in the AEC industry has made us realize that providing Outsourcing services is more than quality and cost. It is an overall experience that we want our clients to relish. INDOVANCE works as your extended virtual arm, aligning with your culture & processes, and firmly believes in the concept of ONENESS for mutual Growth.

For more queries regarding any of the above-mentioned topics, feel free to connect with us on our website www.indovance.com or contact us on +1-919-238-4044.