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Tech

How Using Technology can Help Improve and Protect your Margins

Construction companies often operate on thin margins in the first place, so any cost overruns over the course of a project are acutely felt. These overruns can be due to a number of factors, including inefficient operation, equipment failure, last-minute changes and rework. But technology seems to have an answer for most of these problems plaguing the industry which cut into its bottom line.

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Canada

5 Ways to Improve Jobsite Tech Adoption

Of the original Fortune 500 Company ranking in 1955, less than 70 of those businesses are around today. One of the top reasons experts say they failed was due to lack of innovation, most notably failing to update technology and change with the times.

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Tech

Surface Go Packs a Punch in the Office and the Field

Surface Go with LTE Advanced also helps reduce dependence on Wi-Fi at jobsites. For example, construction project managers can input real-time assessments and photos of contractor progress into their cloud system, sign off on completed work, and drive insights back into the company systems in real time without waiting to reconnect in the site office or back at home.

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Tech

Transforming Jobsite Data into Actionable Insights

Whether it’s collected or not, every construction project produces vast amounts of data. Every worker movement on site, every piece of equipment, every materials delivery—all give measurable data. By leveraging these and other data points you get from jobsite monitoring, you start to gain a better understanding of the process and can learn to identify areas for improvement.

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Tech

How Mobile Phones Have Changed Construction

Construction has always had a somewhat complicated relationship with technology. Over the last few decades there have been improvements in materials, machinery and even hand tools, but until recently the core of the job has remained largely untouched by the technological revolution that has permeated so many industries.

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Tech

How Technology is Transforming the Estimation Process

For construction projects of any size, accurate estimates are essential to protect profits, control risks and mitigate against blown deadlines. The estimation process is something of a tightrope. Too high an estimate could cost the company bids. Too low, and the profit margin disappears. It’s a process that has evolved with technology, and today, companies can deliver more accurate estimates faster than ever, which means more competitive bidding, fewer cost overruns and improved collaboration.

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