4 Ways IoT Technology Can Boost The Construction Industry In 2021

Business, Technology
Reading Time: 3 minutes

While people involved in the construction sector do not view the industry as technologically advanced, the IoT in the construction industry has much more requirements than we think. This is something achievable for lots of contractors. Some of your teams can work on a smart (i.e., connected) job site.

The construction industry often faces difficulty in forging productivity. A lot of projects cross the deadline, budget and moves at a slower pace while readjusting to change and this bear huge costs for the companies.

Huge construction projects take more than 20% longer to finish compared to the scheduled ones and these are taking more than 80% over the budget, according to the McKinsey research.

Other industries, like the automobile, and manufacturing moved to it and other technologies for unlocking productivity and growth as well, and it also could be a solution for construction companies equipped with IoT technologies.

In the upcoming 2021, the constructions and real estate will be considerably transformed into IoT devices with the technology. Many construction industry objects will get linked with the internet with more data sharing capabilities.

This would be like a bridge for communicating with the vehicle for informing about all the most feasible routes for avoiding traffic, and it would be astounding.

Roles Played by IoT in the construction industry

The internet of things in the construction industry is for streamlining processes, increasing safety, minimizing waste, and also saving more time and money. In the construction industry, the IoT can sometimes be referred to as telematics. Telematics or IoT lets people keep updated on vital assessment information regarding their equipment like the idling speed, GPS tracking, portable speed bumps, tire pressure, etc.

To get a detailed understanding of the functions of IoT in the construction industry, we need to understand some practical ways through which the technology is making its way to the construction sector.

Waste Management

Other than manually complying with the government norms, disposing of waste and debris lets property owners make space for construction sites and minimize hazards.

Various IoT solutions for the construction industry help improve waste management; some of these have direct benefits for the construction industry. Business owners get benefitted in this regard with the following IoT benefits.

  • Calculating efficient waste collection routes for minimizing disposal and recycling costs
  • Determining how waste loads can vary and optimizing operation mode for prevention of piling up of debris.
  • Sensor tools to monitor on-site levels of trash.
  • Business owners offer real-time waste management data to do precise reporting.

Predictive Maintenance

In the construction business, predictive maintenance technologies are adopted for tracking heavy equipment performance such as excavators, lifts, etc.

Through the attachment of sensors for tracking vehicle movementon portable speed bumps, brake temperature, or fuel consumption to machines, business owners can know about performance problems at early stages with repairing of the equipment before breaking down and this also triggers downtime of the project.

Real-time Project Reporting

With captured data on the job site, everyone in the office can benefit through real-time reporting of progress. A few ways through which stakeholders can get progress reports are electronic reports, BIM data reports, footage drones, or video cameras connected to the internet.

There are various internet-connected devices on the job site for feeding the data back to the office in real-time. With real-time reporting stakeholders can gauge where the project is and also make adjustments for keeping track of all the construction projects.

Building Information Modeling (BIM)

Building information modeling (BIM) is a great IoT feature that is increasingly becoming integral for different processes of construction and building.

To simply put it, BIM provides businesses with the ability to form 3D building models. However, the scope of BIM is much beyond that as it holds all the systems and structures of the building in a responsive and integrated design.

For making it compelling, BIM isn’t only limited to only build structures. As it can only be sued for all constructions like bridges, architecture, roads, and much more.

When we talk about the capability of IoT technologies, the possibilities are diverse. The demand for smart buildings is continuously growing (buildings designed for using automated processes) for automatically controlling things such as lighting, air conditioning, portable speed bumps, heating, etc.

Smart buildings are helpful with routine maintenance and can identify prospective issues in systems. IoT’s future in the construction industry seems optimistic as various compares are launching their technologies for the benefit of construction businesses.

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