Smart Construction A Technology Transforming a Traditional Industry

In an industry well-known for expensive overruns, costly equipment, skilled labor shortages, and increasingly rapid project schedules, E-sim embedded IoT applications aid construction companies harness real-time data helping them succeed. Smart applications have brought real-time information into processes that have been around for centuries. E-sim embedded devices and sensors collect data from job sites in a more cost-effective and efficient way. The power of Smart Technologies to transform industries, automate processes, and improve ROI is nothing short of significant. The construction industry today is ripe for change and E-sims have the potential to increase productivity, on-site safety, and operational efficiency. Through the deployment of low-power sensors, Contractors can improve worksite visibility at every stage of a project in real-time, by deploying low-power sensors, right from planning to construction.

  • The construction industry is changing at a glacial pace, with construction companies adopting Smart technologies successfully addressing common workplace concerns and streamlining processes
  • Construction companies are benefitting from increased efficiencies and proactive responsiveness to the increasing demands of the industry via the adoption of E-sim applications.
  • Some major factors, that have steered the Construction sector to adopt Smart technologies and digitalization are flat productivity, reduced margins, increased schedule overruns, and massive competition.
  • Data is a critical asset for business, and informed decisions can only be data-driven, made easier via Esim applications
  • Maintenance, productivity, security, and safety appear to be the leading drivers of the E-sim application’s adoption in the construction industry.
  • Technology has revolutionized construction and enabled sites with benefits that previously couldn’t be done. The adoption of Smart Technologies is unlikely to replace the human element in construction. It will additionally incorporate innovations like savvy matrix, virtual power plants, efficient homes, and transportation, thereby belting out brilliant urban communities.  It will alter business models in the industry, reduce expensive errors, decrease worksite injuries, and make building operations more efficient. The best approach for construction companies to adopt the E-sim technology would be to prioritize investment based on areas where Smart Technologies can have the most immediate impact as informed by their unique needs.

Author Name: Nitish P.

Download white paper

Why Choose AllTheResearch?

  • Monthly market updates for 6 months
  • Online access of reports
  • Options to buy sections of report
  • Critically analysed research on Quadrant Positioning of your company.
  • Syndicated report along with a supplementary report with objective-based study
  • Get profiled in the reports.Expanding your visibility across our network of readers and viewers
  • We provide local market data in local language on request
  • A complementary co-branded white paper
  • Flat consulting fee based exclusive studies. Consult at the price of syndicate
  • Access to expert team for free transaction advisory service.

Follow Us