More than half or 57% of the time on construction sites is devoted to unproductive activities. This is according to a new Volvo infographic entitled “The most advanced technological trends to boost construction productivity”.
The construction industry ready for the breakup of technology
As the data provided by Volvo indicates, construction is a mature industry for breaking with technology. Inefficiencies due to low productivity are responsible for $ 1.6 trillion in losses and growth is limited to just one percent.
For the many small businesses that make up the construction industry, Volvo’s technology trends are extremely important to boost productivity in all operations, including the hiring process. The company’s suggestions start with easily available and affordable construction technologies, construction companies can start implementing immediately. There are also new generation green construction machines designed to increase productivity.
The computer graphics examines how drones, artificial intelligence, connectivity and next-generation green heavy machinery can help construction companies become more productive.
Artificial intelligence (AI), which is adopted by almost every industry, can introduce new levels of efficiency, but there will also be challenges as technology evolves. According to Volvo, by 2035, artificial intelligence has the potential to increase the productivity of construction on site by 40%. However, 60 percent of construction professionals believe that the increase in productivity will come because of AI and self construction equipment. And in 45 years, there will be a 50% chance that machines outperform humans.
Connectivity will bring together the different moving parts and equipment of a given project. This will allow them to track and monitor equipment and workers remotely or from the site. With embedded telematics and machine control systems, supervisors can analyze and streamline their workflow with project management applications.
Challenges of the adoption of technology by the construction industry
The construction industry is very segregated with respect to the different skills used by the workforce. And in most cases, projects are punctual, making the application of new technologies much harder to create and implement.
But in an industry that is expected to be worth $ 10 trillion by 2020, more and more companies are developing technologies to bring this segment into line with other industries. Volvo’s infographic simply shows how some of these technologies can be applied to make construction companies more productive.
You can take a look at the computer graphics below.
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