Key Benefits of Digitalizing Construction Industry

The safety of construction workers has long been a top priority. Integrating technologies can assist project owners in mitigating health, safety, and environmental hazards for construction workers, the general public, and future asset users.

FREMONT, CA: In today's world, digitalization is the vehicle for change. While practically every industry is working toward digitalization in order to improve development possibilities, construction is trailing far behind. Although the construction industry is now the least digitalized, it is expected that within the next three to ten years, various digital technologies such as BIM, Machine Learning, 3D printing, and robotics will be integrated into its operations.

Increased Productivity at Low Cost

Although the construction industry is now the least digitalized, it is expected that within the next three to ten years, various digital technologies such as BIM, Machine Learning, 3D printing, and robotics will be integrated into its operations. According to recent research, ten years of full-scale digitalization of the building industry will result in massive yearly global cost savings. Non-residential construction savings are predicted to increase from $0.7 trillion to $1.2 trillion in the design, engineering, and construction stages and from $0.3 trillion to $0.5 trillion in the operations phase.