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Streamline complex construction and operations with end-to-end digitization
Construction projects are inherently complex, and prone to challenges and delays. Project managers, contractors, and EPCs in construction companies find it a challenge to keep track of all aspects of their project, including logistics, scheduling, monitoring, and communication.
Delays continue to be common and up to 85% of construction companies experienced delays on construction projects according to a 2022 survey.
Large projects across asset classes typically take 20 percent longer to finish than scheduled and are up to 80 percent over budget.
Digitization in construction projects seems to be increasing, but the adoption based on a 2023 survey is more piece-meal and point solution oriented rather than end-to-end digitization.
The case for increasing digitization and technology use in construction is strong, and showcased multiple improvements after pursuing increased digitization on 450 worksites, including
a 25% increase in equipment fuel efficiency
a 15% increase in worker productivity
and a 10% increase in plant & machinery productivity and utilization
Replacing pen-and-paper forms or excel sheets and PDFs with an end-to-end digitized solution can help reduce errors and ensure completeness of data and records. Access to information also enables analysis, aiding insights and reducing potential rework. An integrated system enables collaboration, information sharing, and adds capabilities for teams to create event-driven automations like alerts, escalations, and reporting.
Taking a whole-of-life and asset-centric view of digitization can be beneficial, not just for the owner/ developer, but for all key stakeholders in the construction value chain. This requires a shift from identified point solutions that can enable the digitization of a particular function to a more holistic view.
View and track centralized project schedules, share work breakdowns with teams, align schedules to inventory, and simplify reporting
Centralize and secure project files using a cloud-based repository with version control and access management
Simplify communication, activity management, and reporting with digital twins that enable platforms to use location as context to connect teams and data
Ongoing progress and Performance monitoring help project teams identify issues before they turn into major problems: Automated reporting reduces time spent by contractors and construction and maintenance teams on generating reports and improves overall quality. Analytics can be used to review performance metrics, such as productivity, resource allocation, and cost. Using drones for construction monitoring can reduce time taken for inspections and provide regular updates to all stakeholders.
Real-Time collaboration between contractors, EPCs, project managers, and stakeholders streamlines communication, ensuring schedules are met. It also reduces time spent on change requests, requests for information, and approvals.
An end-to end digital platform can also help teams identify project risks early and address them before they turn into a major problem. Project managers and owners gain key insights into project risks, enabling them to take corrective action and mitigate risks. Remote monitoring reduces the need for costly in-person inspections that can be time-consuming and risky.
Get better control over build quality and speed by embedding digital forms and checklists into tasks and automating predefined workflows to increase efficiency
