Favorite Technologies Among the Construction Industry and Why
It’s ever-changing — up-and-coming technology is quickly becoming a part of almost every construction project.
If you’re not staying up-to-date on the most useful technologies, your construction company is at risk of becoming inefficient and “behind the times”.
But with so many new technologies around, how can you know which are best for your company?
We’ve asked the experts and we’re happy to be providing you with some of the construction industry’s favorite technologies and how they can benefit your business.
How Is Technology Shaping the Construction Industry?
The demand for construction is increasing all across the globe, nearly 5.7% in 2021 alone. Companies have to keep up with the pace. How are they doing this? By embracing new and improved technologies made for the industry.
These technologies have provided construction companies with innovative ways to contribute to the the betterment of the construction industry and society as a whole. Technology is shaping the industry by:
- Transforming job sites
- Improving safety on job sites
- Enhancing productivity
- Managing labor shortages
- And more
And no secret that these technologies are becoming more and more useful as 22% of companies surveyed in one 2020 report use at least six applications for daily operations — 92% of construction workers alone use a smartphone specifically for work.
But with many new technologies available, and many more to come in the future, knowing which advancements will actually benefit your construction company can feel overwhelming, which is why we asked industry experts about their favorite construction technologies and why they prefer them.
Favorite Technologies for Construction Companies
Project Management Solutions
If you’ve been in the construction industry for any amount of time, you know that project management is no easy feat. Managing jobs involves keeping teams on schedule, meeting budget requirements, and maintaining a safe job site all while ensuring the highest quality work.
Thankfully, in a technological age, construction project management software simplifies the processes. But which software is the favorite among construction companies?
JobNimbus
JobNimbus is a project management & CRM used throughout the industry. Kyle Shirley, owner of Sol Vista Roofing, raves about the software. When asked how and why his company uses it, he answered by stating:
“This is where all of our customer and job information goes, and where we have all of our most valuable data. A great example of how this helps us is by tracking the time it takes between different job statuses — the most important is the time it takes to complete a project after signing a contract. Since we don’t want clients waiting around wondering where their contract is, this data/dashboard keeps us honest and transparent.’
eSUB Subcontractor Software
With so many subcontractors responsible for so many different components of a construction project, it is vital that companies have an easy and efficient way to keep track of every aspect of the project — without all the paper trails and chaos.
eSUB Subcontractor Software makes tracking all the pertinent information efficient and easy, according to Bradley Bonnen, Founder & CEO of iFlooded Restoration.
Bonnen specifically likes the accountability elements in the eSUB software.
“They assist us to negotiate the risks that come with being a subcontractor. Users can create, log, and track key documents including requests for information (RFIs), and change orders using eSUB's project management module. When you add in the capacity to communicate with the receiving party in both directions, subcontractors have a platform for quick turnaround of RFIs and the ability to flag late responses, allowing the responsibility for project continuation, or delay, to rest where it belongs.”
Other notable eSUB advantages include:
- Mobile apps are also available for cloud-based software
- Tracks and communicates with workers in a more automated way
- The timecard module keeps track of the hours and labor expenditures of
- subcontractors
- In minutes, you can take field notes and complete daily reports
- User-friendly interface
Cloud-Based Apps
Paper-based reporting, tracking, storing, and updates, are a thing of the past. The latest construction technologies allow for streamlined processes by providing digital and mobile storage and reporting.
CompanyCam, for example, is a cloud-based photo-sharing app.
“The tool provides a great connection for us to provide for our clients.”
Kyle Shirley continues, “Most homeowners don't see what's happening when a roofer is working up top. With CompanyCam, we can take unlimited photos and videos, share a link with the customer, and essentially take them on the roof with us to show them the handiwork we are so proud of.”
Invoice & Payroll Management Software
Acculynx and Quickbooks are two technologies that Josh Smith, owner of Optimal Roofing, says make his life easier as a business owner.
Acculynx
Acculynx is an all-in-one tool that allows companies to manage the entire lifecycle of a client from the initial lead, construction ordering, to the final invoice.
“Acculynx is crucial to my daily life to be able to keep organized with a clear picture of what is going on with my business at all times,” states Smith.
Quickbooks
Save hours on bookkeeping and have a clear view of your budget, including where you’re spending and saving. With Quickbooks, construction companies can:
- Track profitability
- Pay staff faster
- Track invoices
- Estimate job costs
- And more
Augmented Reality Devices
Technological advances, like those in Augmented Reality (AR), are invaluable to the construction industry, and Mike Baldicana, of TrekRoofing agrees.
In 2021 the AR market was worth $9 billion and is estimated to grow to $150 billion by 2024. So, how can AR help your construction business?
Augmented Reality technology enhances replicas of the real world, providing a better view of construction projects via virtual reality models. Augmented Reality devices help construction companies
- Plan by providing exact measurements and small details
- Save time and money
- Analyze design components of projects
- Accelerate construction processes and timelines
- Provide safer training areas
Because Augmented Reality devices allow construction companies to streamline virtually every process in a construction project, it’s no surprise that it is a favorite among construction companies.
Drones
Originally used for military purposes only, drones now provide construction companies with real-time information and data recording — improving efficiency, streamlining workflows, and cutting costs for companies all across the industry.
Drones are quickly becoming a tool that construction companies are counting on, as 63% of construction companies utilize drones regularly.
Now, companies can track equipment, provide inspections, improve client communications and improve efficiency by cutting down unnecessary time in the field.
Building Information Modeling (BIM) Software
Building Information Modeling software is becoming increasingly popular among industry leaders. In 2020, 73 percent of construction professionals were using BIM software.
BIM software allows construction companies, and any collaborators, to collaborate on a 3D model of the project throughout the entire design and construction process. BIM software is becoming increasingly popular in the construction industry for many reasons, including:
- Detecting problems sooner, eliminating costly changes once construction begins.
- More systematic scheduling
- Construction automation and enhanced processes
- Increased safety on the job
Introducing the Flexbase Card: The First Credit Card Designed Specifically for the Construction Industry
The Flexbase Card offers 10x the credit limit than traditional credit cards, 0% APR for the first 60 days*, cash-back rewards, and more.
Click here for more information and to pre-qualify for the Flexbase Card today.