In a world full of bad news, good news comes in the form of the rise of the construction market. While it has not quite hit pre-recession levels, numbers are expected to increase in 2017. So now that the market is recovering, the next goal to tackle is how the construction industry can be improved.  It turns out that technology might play a big part in the future of the business. New technological tools are already bringing new advantages to the worksite and opening up the doors for new and possibly better ways of doing things.

Loss Reduction

The ability to predict, detect, and counteract losses is game-changing possibility that new technology tools are turning into a reality. Damages to construction from weather and nature-related losses have always been an unfortunate side effect of the trade.  One does not have to look too far back to find a time when technology limitations made weather difficult to track and therefore more frequently devastating. With advancements in technology, weather prediction became more accurate, and contractors were able to prepare better for the coming storms. In the same manner, new technologies are making risks that were hard to predict more manageable.

Building Information Model

A Building Information Model (BMI) is a digital, 3D model of a building that contains combined resources between engineers, architects, and members of other construction trades to help more accurately and more efficiently make development and designing choices. With the shared knowledge of all parties involved, everyone becomes more informed about the other areas of construction. Increased knowledge and awareness makes for a safer and more accurate construction environment. BMIs also provide for less duplication of work, easier conflict resolution between trades, and the ability to be closer to perfection than ever before.

Detectors and Predictors

As mentioned earlier, the weather has always been a significant risk in construction. Enhanced forecasts are a plus, but the precision of weather predicting is reaching higher levels than ever before. A weather predictor or application is an invaluable tool to use on the job site. The ability to anticipate potentially devastating weather provides for the time to take the necessary precautions to lessen or eliminate damage completely.

Water leakage is another area where technology has provided a tool to assist. New water leakage detection technology can determine where there is possible water leakage on a job site. Catching water leaks fast can mitigate any further damage that may have otherwise occurred.

Other Technologies

The development of functional and sophisticated drones has also lead to a convenience in the industry regarding surveying usage. Could the forefathers in construction ever have dreamed that one day we could survey a job site without ever setting foot on it? Another piece of technology that brings a whole new wave of possibility is the 3D printer. The ability to recreate just about anything is a mostly yet untapped potential in the construction field but could provide endless benefits in the future. Mobile Apps are also an area of technology that is teeming with advantage for the tech-savvy tradesman. From calculating apps to assist with supply configuration to blueprinting gadgets, there is a whole market of construction-related apps available.

The fact of the matter is that we are living in the 21st century and as a benefit of life in our time, we are privy to technological advances that those that came before us could ever imagine. The construction industry is no exception to these advantages. The construction market is changing, and technology is beginning to play a bigger and bigger role. Now is the time to make use of the tools that are out there. 

For more information contact Skyline Risk Management, Inc. at (718) 267-6600