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After 28 years, Asia Pacific has experienced the whole process of transformation from providing basic services to "diversified development of enterprises", and at the same time, it is constantly improving the business scope of enterprises.
More and more building technology is being invented How to invest in the right building technology?
Release time:
2021-07-06 13:45
Source:
Https://www.xianjichina.com/special/detail_487921.html
Investment in construction technology continues to attract attention. In fact, according to CrunchBase data, construction technology startups in the United States have more than $3.1 billion in funding.
There's no question that a whole bunch of cool new technology is making its way onto the job scene. The real question is which of these technologies, if any, provide real value.
At the end of the day, each general contractor (GC) needs to draw their own conclusions and work out the ROI numbers that are right for their business. Before you spend money, however, there are ways to analyze investments in construction technology. Here are five questions to ask before you buy.
Does the technology solve a real business problem?
There are already countless exciting innovative technology products that offer little value in the real world. Who can forget the popular product "Umbrella Drone" at the 2017 Consumer Electronics Show (CES) ". Maybe we all forgot about that, except for the people who paid $1600 for it.
When determining whether a technology product solves a real business problem, consider:
Who will use it?
How often do they use it?
Is it a gimmick or does it provide real business value?
Does the product make your team's work easier or harder?
Another consideration is that the technique may work wonders for a GC, but it may not be suitable for your operation.
2. Does the person behind the technology have solid experience working on the construction site?
This experience should go deeper than a field visit. Ideally, the technology is built or shaped by someone with direct work experience or management experience.
Is the technology easy to use?
A lot of building software is developed by knowledge workers for knowledge workers, who also expect people in the field to be able to use it. This is unrealistic.
Any new tool introduced to workers and subcontractors should build on the user's existing technical experience. For many, this will be a smartphone app. Since they often use smartphones outside of work, there is almost no learning curve when introducing new technologies through apps.
4. What is the additional cost of purchasing technology?
In addition to the cost of purchasing technology, you must also consider how much time it takes to integrate and maintain it, as well as train your employees and introduce new processes throughout the company. These additional costs may require hiring staff or adding more responsibility to existing staff-for each year you license the technology.
In addition, for the Internet of Things (IoT) effect, putting sensors on everything in a project may mean setting up a custom network for each workplace.
5. Does the technology simplify communication between front desk and job site workers?
If one of the main goals of building technology is to improve the efficiency of GC, then it should be easy for people on site to communicate with the front desk.
For example, a camera that allows workers to take 360-degree pictures of the scene and upload them to colleagues in the office is both cool and productive. Another example is collaboration software like Bluebeam, which has proven to be a huge help, especially during pandemics. Using smartphones, workers can take photos and mark an area on a drawing, or pull out blueprints and zoom in to get details of a room. This is a huge time saving, especially compared to the traditional way of faxing messages-which is still used on many job sites today.
Another newer time-saving technology is the digital check-in app. In addition to eliminating cumbersome and fragile paper-based processes, pandemic technologies like secure onsite check-ins are also evolving to meet the needs of the job site by providing detailed information about who is on site, when they arrive, and the specific jobs they are assigned. They can even specify the details of the task, such as letting the blue paint roll instead of brushing on the wall. Through the analysis of check-in data, GCs can know how profitable a project is, or whether they need to act quickly to recover potential losses.
Choosing the right technology for your job site
All the recent innovations in building technology are amazing to watch, try and buy. Drones, sensors, tablets, robots, exoskeletons and scanners are all eye-catching and offer great value to many companies in the architecture, engineering and construction fields.
However, for the vast majority of GCs, who are mostly classified as small and medium-sized enterprises, investing in the latest and greatest technologies needs to demonstrate a high and immediate return on investment.
Like a franker's claw hammer, some buying decisions are easy. Others are more complex. With more money flowing into construction technology, GCs will continue to be cautiously optimistic. While some technologies, such as collaboration tools and digital check-ins, pay for themselves quickly, others are harder to prove. Before any cash outlay, the GC must carefully conduct a cost-benefit analysis, starting with the five questions above.
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