Obelisk Consulting

The Rise of IoT in Construction Industry

The Rise of IoT in Construction Industry

04 May, 2022 03:09 PM
  • The Internet of Things (IoT) is having a major impact on the construction industry. Connecting sites, enhancing safety, reducing accidents and improving working processes are all benefiting from the advance of digital tools. Analysis of data gathered from IoT sensors is making construction sites smarter places and improving productivity in the bargain.

    IoT has brought big benefits to many industries already, and one of the next ones to really feel its impact is construction. It is good timing: the industry has seen a rise in operational complexities, and since the start of the current decade, construction companies have been growing in scale and expanding their operations geographically and in the type of projects they undertake. They need to manage projects simultaneously in different geographies, while also needing to optimize asset lifecycle management and manage projects to tighter deadlines to prevent potential delays and reduce unnecessary costs.

    All this means that more robust project management is needed in the face of intensifying competition and the need to be more environmentally focused. Digital technologies are providing the way forward.

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