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Thursday, April 10, 2014

The Importance of Technology in Construction

Just because things have always been done a certain "way," does not mean that "way" is the best "way" to do things.  According to Winston Churchill “ there is nothing wrong with change, if it is in the right direction.”   We all know if there is an industry that doesn't embrace change it is the Construction Industry.  It is not surprising that historically the construction industry has been one of the last industries to embrace the benefits of technology.  However, companies that are willing to change and incorporate new technologies into their business are seeing huge gains and pulling ahead of their competition.

If any industry is mobile, it is the construction industry.  Most construction companies have multiple job sites with multiple crews working on multiple tasks.  Knowing what is happening at all times on all job sites has always been a near impossible task.   Technology that was developed for smart phone and tablets has opened doors for the construction industry to more accurately track what is happening at project sites.  In a recent study done by McGraw Hill Construction, they found that companies who invested in mobile resource management systems reported “shorter work schedules by 9%, Project cost decreases of 10% and increases in project ROI of 2%.”

I think Winston Churchill would agree that using technology is "the right direction."


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