Construction Monitor sorts building permit data into actionable information for your area and your business development requirements. We are proud to have been a part of digital technology for the construction industry and industry-related businesses for so many years. Our software statistics were some companies’ first experience with the construction digital transformation process.
How Do We Go About Achieving Construction Digital Transformation?
Some people still don’t understand what construction digital transformation means or what it can accomplish. Digital technology is any electronic tool, system, device, or resource that generates, stores, or processes data.
These three p’s can help you understand and develop a construction digital transformation plan for your business:
1. People
Our industry depends on people working together. This is why transparency – information-sharing with everyone involved – is integral to construction digital transformation success. Before investing in any technology, consider who must adapt to it and use it, and then get their feedback before the purchase:
- 52% say field staff needs are a top priority but only
- 28% request feedback, so
- 36% report the technology didn’t fit with current processes/procedures
2. Process
Our processes are what lead to productivity issues. Implementing construction digital transformation has resulted in 14-15% productivity improvements and 4-6% cost reductions. Process change enablers include:
- Capability enhancements
- Contract reviews
- Data tools
- Legal liabilities and responsibilities defined/updated
- Redefined responsibilities
- Updated processes/mandates
3. Progress
Technology is progress. Every technological process you embrace moves your company forward. Technology progress requires fixing problems, not investing in the IT flavor of the month without understanding its capabilities. “Full-scale digital transformation requires integrated, cohesive systems,” says CTO Sameer Merchant. The bottom line is, analyze what will provide your team with the best advancements.
Construction Monitor: Powerful, Local Construction Statistics
Every week, we enter thousands of construction project leads into our database. You can learn more about commercial, residential, and solar construction projects in your area when you get your sample edition today.