Build strong foundations for your construction business with technology
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Construction is one of the least-digitised industries – but change is on the way
Construction may be one of the oldest and largest industries in the world, but it has never been the fastest. Yet recent challenges have enhanced the need for change. With 95% of construction companies investing in digital technology during the pandemic, there are countless ways for technology to enhance operations and increase profitability.
COVID forced many industries to come up with contactless technology or start using existing tech to reduce physical contact. Although the physical work of construction can’t be done remotely, other parts of the job can. This can include sending and signing contracts and other paperwork, giving clients online payment options and meeting clients remotely.
Construction has a reputation for slow, inefficient project management and budget blowouts. Making projects more efficient should be the first port of call for construction businesses – the simplest way to increase the low profit margins that plague the industry.
Keeping clients informed is a key aspect of any project – but it can fall into the too-hard basket for busy construction businesses. Communicating effectively can be difficult when project details are hard to track down, timelines change frequently and you have to spend time calling or emailing individual clients.
Many construction companies may use several disconnected software systems, introduced at various times, to manage different parts of the business – one for budgeting, one for invoicing and one for tracking time, for example. Using several systems doesn’t offer the overall visibility or control of an integrated system. Being unable to access data easily or transfer information between systems, while it’s difficult to get a full picture of project costs, chase up numbers and switch between systems which takes up valuable time. Replacing a raft of disjointed systems with a single, integrated cloud platform eliminates most of these issues.
Read our new guide to see how automation, data-driven insights and integrated cloud technology are changing the construction game.
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