Disruptive technologies are rapidly transforming all sectors of business. From manufacturing to retail, entrepreneurs are in a hurry to incorporate the latest trends in their area of business to stay abreast and stay ahead of competitors. The era of digitalization is here and is primarily driven by data. Technologies like augmented reality, artificial intelligence, machine learning, and the Internet of Things are fast becoming buzzwords across all industries, including the construction tech sector.
Virtual reality has been an emerging concept in the construction tech industry for quite some time now and is also becoming outdated. This is mainly due to the arrival of augmented reality and its benefits. This new technology can visualize the real world through the lens of a camera, opening up new avenues for the construction industry. For those companies who can afford this technology, the future is now, and it will revolutionize the way they project and construct structures.
Data has played an integral role in the overall paradigm shift in the construction industry. Real-time collaboration software has already become an essential part of the entire construction process. The impact of these software is expected to increase sustainability in the near future. Also, data ecosystems offer a platform for all innovative players in the industry to come together and share data, experience, and project knowledge, helping each other grow rich with experience. Integrating all processes and systems into a single connected platform can also have a significant effect on how people work in the industry. Multiple software solutions for various tasks in the construction process can now be combined together into one platform. All these digital tools combined together help to minimize delays, rework rates, and reduce communication hiccups between site and office.
In an attempt to help organizations identify the best construction tech solutions for their business, CIO Applications’ 2020 edition has put together a list of the leading construction tech companies in the industry today.
We present to you CIO Applications’ “Top 10 Construction Tech companies - 2020’’