Technology to facilitate business

Autosmart Solution: The Flexibility of a Solution Increasing the Accuracy of Infrared Temperature Sensors

By Bram Stelt, CEO of Exergen Global

Autosmart Solution: The Flexibility...

Making Sense of Environmentally-Aware Robots

By John Dulchinos, Vice President, 3d Printing &...

Making Sense of Environmentally-Aware...

With an Aim to Optimize Telematics Security

By Kevin Baltes, Director - Product Cybersecurity...

With an Aim to Optimize Telematics...

Position Sensors for Robotics

By Christian Fell, CTO, POSITAL-FRABA Inc.

Position Sensors for Robotics

How Analytics Helps the Construction Industry

By Enterprise Technology Review | Tuesday, July 14, 2020

With the multifaceted value that analytics fosters, the construction industry is sure to get a new technical makeover.  

FREMONT, CA: Helping the construction industry thrive all its way out, building analytics has now become the new norm. While construction businesses are looking for ways to cut costs and withstand market competition, the adoption of analytics promises better opportunities to the industry. Retention of workers is one of the biggest challenges that the construction industry is facing today, along with their quest to innovate and automate construction operations to a very large extent.

Top 10 Sensor Technology Solution Companies - 2020Predictive analytics plays a major role in not only helping the construction industry but shaping its future as well. Forming the key to business-critical decision making, the analytical solution connects the construction industry to enhanced operational excellence, experience, and expertise. Smart and clear analysis of data can trigger insights that hold the greatest of the value and help the builders in ensuring accuracy in services and streamlined workflow.

Analytical solutions help in risk forecasting, and this benefit allows the builders to strategize and improvise work approaches and build solutions that are stable and result-driven. Advanced features of data analytics such as GPS, sensors, and other digital tools and solutions, help builders track workers, assets, and thereby productivity as well. Such trackers help the construction organizations keep track of building materials, equipment, and more.

Building analytics can be especially used for setting construction costs and producing blueprints of the construction end product. Advancements in analytics pertaining to estimating the quality and quantity of the raw materials, developing insightful modeling approaches, access to real-time data among various benefits make this technology highly influential and evolutional in the construction space. Using analytics, builders can study, analyze, and decide strategies between the previous or legacy procedures and current trends.

See Also: Top Construction Technology Companies