How Technology Drives ROI for Construction Companies

From drones and bleeding-edge technology to the end-to-end processes that drive efficiency, modern construction is undergoing a renaissance. Host Shaun MacIntosh talks with the top leaders in construction and provides unmatched insights into the industry that quite literally built the world around us.

 

The construction business is highly competitive with razor-thin margins. So, how can contractors drive greater ROI? It’s all about technology. Discussing the opportunities of construction technology, Track.Map.Measure host Shaun MacIntosh and his co-host Andrew Auer chatted with Scott Brown, Managing Partner at Construction Technology Partners.

Brown has a technology-rich background with roles at Kiewit, Trimble, and equipment manufacturers, with an eye toward understanding how technology benefits the industry. That inspired him to start Construction Technology Partners, to offer consulting, support, and training in the construction industry.

Brown discussed the early days of technology in construction, recalling using iPod touches. The field has evolved tremendously since then, especially the use of drones. “Drones supplement the work and provide real-time data. It’s amazing what a single picture can do for efficiency,” Brown said.

Brown noted that the teams he works with have a variety of users, some more tech-inclined than others. “We want to build a process that makes sense for the user. We don’t say this is how it has to be done.”

They strive to understand what customers are doing to create repeatable processes, which save time and money. He recalled a story of a contractor preparing an electrical easement, but the markings were off. A drone was able to identify the correct line in a few minutes, avoiding the error.

Technology tools enable construction companies to be leaner and meaner and often avoid downtime. “We’re urging a shift from a reactive to proactive mentality. They can be proactive with tech to reach that next level of efficiency because they aren’t getting paid much more than 20 years ago to move material.”

Listen to Previous Episodes of Track.Map.Measure Right Here!

Follow us on social media for the latest updates in B2B!

Image

Latest

sustainable transformation
The Path to Sustainable Transformation Is Rooted in Strategy, Execution and Reflection
November 1, 2024

Many strive for change, yet achieving and sustaining it is a complex journey. As people chase higher goals, often in career, personal growth, or relationships, the need to reevaluate approaches to sustainable transformation becomes apparent. Research suggests that nearly 80% of New Year’s resolutions fail by mid-February, indicating a need for sustainable systems, not…

Read More
cloud-based solutions
C3 Cloud-Based Solutions Delivers Real-Time Transparency, Driver Coordination, and Simulation Tools for a Resilient Supply Chain
October 31, 2024

The logistics industry faces constant challenges as the need for efficient, cloud-based solutions intensifies. Many warehouses continue to operate manually; up to 53% of employee time is spent on non-value-adding tasks like walking and searching for items, according to industry studies. This manual approach not only hampers efficiency but leads to significant delays, errors,…

Read More
personalized solutions
Personalized Solutions Through Data Are the Future of Aligning Healthcare Staff Needs with Patient Outcomes
October 31, 2024

The healthcare industry faces unprecedented challenges, with workforce shortages pushing hospital labor costs to over 60% of total expenses. This strain is compounded by rising burnout rates among healthcare providers, particularly nurses. A recent AMN Healthcare survey revealed that nurses are prioritizing well-being and flexibility in 2024, underscoring the urgent need for personalized solutions…

Read More
Transforming Education: Connected Education Kits for Rural Markets
Transforming Education: Connected Education Kits for Rural Markets
October 31, 2024

In the latest episode of The Edge and Beyond podcast, Michelle Dawn Mooney dives into the transformative role of technology in education, highlighting Intel’s Connected Education Kits. Developed in partnership with ApplianSys, these kits are designed to bring quality digital learning to underserved and remote communities. The discussion explores how these kits are a game-changer…

Read More