How Internet of Things is reshaping the Construction Industry in 2019

Use-case of IoT in Construction Industry

How Internet of Things is reshaping the Construction Industry in 2019

Construction industry has a historical record of productivity problems. Most of the projects run overtime as well as over budget. Thus, this sector is relatively slower than others at adapting to modern changes. And yes, it costs companies at least 100’s of thousand if not in millions. Research says large projects are taking up to 20% longer to finish than scheduled and running up to 80% over budget. Is there any way to change this scenario? Other industries like manufacturing, have already switched to the Internet of Things (IoT) and many other latest technologies to help uncover productivity growth. These industries have seen an increase in efficiency, productivity, reduction in downtime and budget. So why not we could do something similar with IoT in the construction industry?

Use-cases of IoT in the Construction Industry

  • Predictive Maintenance with sensor technology

The construction equipment fitted with sensors generate valuable data about elements such as temperature, weight capacity, light, and chemicals. This information can be further used to influence decisions made to maintain a schedule. Also, the overall safety of a construction site is taken care regarding fire safety, energy use, worker capacity as well as general wear and tear.

An IoT-based monitoring system gives early warnings of electric motor vibration/temperature problems. Condition monitoring saves time from unplanned production outages. And the unnecessary stress of carrying out urgent repairs can be avoided.

  • Real-Time observation

From website observation to surveys, information from sensors enhances critical stages of a construction project, to avoid project delays, and delivers the catalyst for leaner ways of operation. Any downtime takes place from an occasional provider of stock or performance failure by employees is pricey for construction firms. IoT solutions will alert the supervisor once resources amiss or are running out and employees would like help.

  • Tracking labour hours and location

At a construction site, many subcontractors work on everything from HVAC systems to glass works, and plumbing works. If the final contractor is billed for 6,000-man hours of plumbing work, they generally won’t be ready to verify if that variety is correct or inflated. And since several contracts with subs are pricey, there’s not enough incentive for them. Once contractor implements labour trailing with a low trailing badge, he will then check all labour hours. Hence with the use of IoT on construction site, tracking of labour hours gets easier.

  • Save fuel and energy costs

Among the largest financial impacts that IoT technology will have on building businesses is the ability to put sensors on vehicles to track and decrease gas and power consumption. If a construction firm wishes to reduce the expense of electricity and gas in worksites, they will have to put a detector on gear so that they can monitor gas intake on vehicles and after-hour lighting could be corrected for energy savings.

After worksites know which automobiles are driving up performance expenses, they’ll have the ability to reduce idling time (that utilizes gas) using adaptive service programs. This altered program will maximize machine performance without having vehicles to be flipped off and on repeatedly.

  • Monitoring for loss interference, security and insurance protection

Vandalism and thieving are common at building sites. Easy IoT systems that sight movement or activate observance instrumentation will act as an extra level of security. There are several instances of insurance losses throughout construction, as materials rust or burn due to exposure or mishandling. You can also get notified if somebody passes through the No Access Parameter.

Conclusion

Internet of Things will surely be a key ingredient in uncovering this productivity. It can ensure construction companies have access to real-time data. It will improve machine performance, undertake preventative maintenance, cut the downtime and repair the costs. By keeping an eye towards this approach, construction leaders can ensure their work is both productive, effective as well as future-proofed.

Adbits have 60+ different sensors which help you implement these solutions and bring efficiency in work and improve productivity. Implementing our solutions, our clients have seen 40% reduction in on-site presence, 30% reduced labour costs, 10-15% reduction in energy costs, reduction in repairs and maintenance.

ROI: Our clients have received a great Return of Investment with the lower project costs, quicker delivery, and buyers are willing to pay extra money for the Smart Homes and Buildings for the sense of extra safety.

To understand more about IoT Services, and our different solutions to industries check IoT.

Reasons why your ICO may fail

Reasons why your ICO may fail

Many of us have smashing ideas, and ideas we think would change the world. Maybe, we all think in such a way that those ideas could become the next Apple, Google, and Amazon.Ideas are great, but what separates a successful startup than the unsuccessful ones is the ability to execute those ideas or raise enough capital to get the project rolling.

Thanks to the Blockchain and Crowdfunding techniques, people are building their ideas behind an ICO to raise millions to start with. ICO stands for Initial Coin Offering,is a fundraising mechanism in which crypto tokens are sold by new projects in exchange for Bitcoin and Ether. 2017 has been a smashing year for the blockchain industry and seeing the money and success many businesses were ready to launch their own ICO. But, as the industry got flooded with such ICOs and the investors got smarter we saw many ICOs fail.

I have seen many ICOs raise more than $20m, some couldn’t even raise $,1000 and failed miserably.

So why these ICOs fail?

1. Your idea has no real work applications / use-cases

One must have a decent experience and knowledge of the industry, how the industry works,what are the gaps in the market and how your solution can solve those problems. If you want to bring block chain to your industry, try to build use-cases, how the product would work and what value does it bring. One must know and communicate why their solution is better than everything already out there and why no one else has a more appealing offer. One of the most important things that a smart investor will look before investing in an ICO is whether the token will be adopted by the end user. Unfortunately, most of the ICOs are bad ideas from the start which causes them to fail.

2. Unrealistic Objectives and Budget Allocation

The unrealistic budgets and objectives of any new project always put the business in difficulties. The higher you set your objectives, the more budget you will need to achieve them. So, to avoid this, make sure that the objectives of your offering should match the scope of your project. Before going to the public sale, it is ideal to conduct a private sale first if your team is small for an ICO.

3. Lack of industry and technology experts in your team

For a great execution of plan, you need a great leadership and execution. Make sure you chose your team wisely. Some ICOs often make a mistake to go on Social Media and try to get every advisor which puts themselves as Blockchain Advisor. You need to connect with the experts in this area, who have seen projects succeed and fail and try to get as much as knowledge and insights from them.

4. Poor Brand Identity

Lots of people decide in seconds, and the way a brand looks says a lot about your project. Before starting, try to secure private investment or invest with your personal funds and get a good whitepaper, website, accompanying content, and explainer video (one to explain your product, and second to target investors).

These projects are about marketing and branding as well as technology. Invest in brand building because perception sells.

5. No clear Road-Map

Roadmaps are all about future. Here the founders need to show their clear vision and breakdown the project into milestones. Typically, ICO projects list their funding goals on a clear timeline for investors to see. Many of these ICOs often fail to indicate the long-term development plan for the project, which shows the founders are likely to be motivated solely for short-term gains.

6. Lack of marketing, reporting and measurement

Majority of ICO which has failed was launched by newcomers who have very limited knowledge of the online marketing techniques and do not understand the need for continuous online auditing. To avoid this, make sure that you know the traffic you are bringing on to your website, and use tools such as Google Analytics to track conversions. Many successful ICOs are building a strong community for some reason. If you do not believe it, see where the Bitcoin is now.

We at Adbits, adore great ideas and love to bring those ideas into reality. That’s why we have built up a team of experts to help our clients.

Click to find more about our Blockchain Services or if you are looking to develop your own ICO/STO/ETO.

TIPS TO IMPROVE APP ENGAGEMENT AND INCREASE SESSION TIMES In 2019

TIPS TO IMPROVE APP ENGAGEMENT AND INCREASE SESSION TIMES In 2019

 

The mobile app market is rapidly growing with forecasts indicating that it is set to hit $189 billion in total revenue by 2020. If you plan to launch your own app or make your app business opportunity a success, this means it’s vital that you know how to ensure your apps stay relevant and well engaged. While download figures are an important metric to measure market share, monitoring user engagement and session statistics is also key to ensuring your creations convert consumers and retain users.

Here are a few great tips for improving both of these important metrics to expand your app business.

Use push notifications

If you’re struggling to increase engagement amongst your users, push notifications can help to generate more interest and increase the number of sessions your apps get. Statistics have shown that mobile users who opt for push notifications are retained twice as often. These commonly-used notifications allow you to inform, educate and entertain users. Use push notifications to make your users aware of new promotions or thank them for their engagement.

Let users personalise your app

Creating a personalised user experience is one of the most effective ways of increasing engagement and extending average session times. Give your users the option to create customised profiles or edit the interface and they are more likely to use your app for longer periods. This can also have a positive impact on your digital marketing strategy as users will be more likely to share their experience with fellow consumers.

Give incentives

Rewarding users for increased engagement can help to drastically improve user retention figures. There are many ways you can incentivise mobile users to download your app. Social media contests and prize draws are good examples of ways to generate buzz and convert more consumers. Incentives don’t always have to be costly. Consider instigating a loyalty scheme where regular users are rewarded with discounts or free memberships.

Make it competitive

Competition can be a powerful motivator for consumers and mobile users. Mobile games have illustrated just how beneficial for engagement it can be to pit users against each other in friendly competition. Even if you’re not developing a game, there are ways to implement elements of competition. For example, public leaderboards could be used in fitness apps. Get creative and think of unique ways to increase competition.

Make it social

In the age of social media, everything is shared and distributed online. Mobile users love to interact with fellow consumers and update them on their latest achievements, discoveries and accolades. It’s vital that you are utilising this constant flow of information by adding a social aspect to your app that allows users to share their experience.

 

To know more about our app development process, visit: Mobile Applications

WhatsApp Launches New Business App

The global communications brand, which boasts an average of 1.3 billion active monthly users, has recently announced the release of its new business-focused app. The new product aims to provide a more streamlined web of communication for small businesses around the globe. After revealing breadcrumbs of information for the last year, the company has finally released WhatsApp Business along with a detailed list of all its features. Here’s a look at what business owners can expect from the new app.

The key focus of developers was to utilise the same streamlined communication features that users of WhatsApp have become accustomed to but apply them to an interface designed for business owners and professionals. The new app allows users that have a personal number and a business number to use both simultaneously from the same device. This is just one of the new features that will help businesses improve communication.

Business profiles

One of the key features of WhatsApp Business is the ability for companies to create unique profiles. Much like the profiles found on Google, these will provide customers with all of the essential information about the business such as location, contact details and web address.

Smart messaging

In order to help companies engage with more consumers even when no one is available, the new app will feature smart messaging features that will send out replies automatically. Greeting messages will provide new customers with essential information and automatic replies will inform them when a brand is unavailable.

How To Improve Your App Signup Process

In a rapidly growing and increasingly competitive digital market, it is vital for app companies to engage effectively with consumers and improve app signup. An effective digital product and creative marketing campaign are both essential to attracting new customers but the hard part is retaining them and creating lasting relationships.

One of the most effective ways to ensure that your customers stick with you for the long run is to offer a subscription service. This is easier said than done so here are some tips to help you out.

Prove your worth

Although it can be easy to plaster your app with sign-up pages that pop up every minute, it’s more important to let the user experience your service and see that you can offer them something they need. No matter how many times you ask for their details, a customer will always be reluctant to sign-up unless they feel like they are getting something worthwhile. Create a useful and streamlined experience and then ask customers if they would like to extend their usage.

Make it easy

No one likes completing the arduous steps which are often involved in the sign-up process. Research has shown that this is one of the biggest reasons that the average consumer will choose not to sign up for a subscription service. Making the sign-up process quicker and more streamlined will improve the chances that users will sign up for your app or service. This could include reducing the number of information fields or utilising technologies such as Progressive Web Apps.

 

How Mobile Technology Can Help Restaurant And Cafe Businesses Grow

In a fast-paced world, where customers are the decision makers, the competition gets stiffer, keeping up with the changing trends is a need of the hour. Many businesses invest heavily in building websites, but think for a second – Is your website solely capable of improving foot-traffic to your restaurant business? According to a research, businesses spend 5 times more on customer acquisition than customer retention. To maintain a successful restaurant business, it is very important to cultivate valuable relationships with loyal customers and generate repeat business. How about a solution where you have a direct communication with your loyal customers and know their behavior? Having a mobile app for your business can aid customer loyalty, increase repeat business and reduce marketing costs drastically. With a well-designed mobile app, you can create your own brand image and connect with the customers, gain informative insights on the customer’s buying habits.

Here are some of the key reasons why a restaurant, café, takeaway or bar should have their own branded app

Mobile Food Ordering: Food ordering system enables managers to upload menu, which allows a direct channel for customers to order their food with options for delivery, collection or dine-in during the ordering process. Payment options can be flexible, which can be on delivery, collection or card payments through secured hosting. Customers can also check their previous orders and repeat the order in the future if needed. An expensive charge for every transaction from 3rd party websites like Just Eat, Hungryhouse, can also be saved with your own ordering system.

Geo-Fencing: Target customers near your business can get push notifications and updates regarding latest offers, current specials, and limited time discounts for local customers. This helps in increasing foot traffic to your restaurant and also creates a great advantage over your local competitors.

Table Reservations: Allowing customers to reserve tables at their favorite restaurant with a few clicks can increase overall bookings. Building in a reservation system into their own mobile app can make this possible and reduce calls to the restaurant, especially during busy times. Customers can simply pick their date, time and specify how many guests and they are booked in! Alternatively, your existing online reservation system can be integrated into your app.

Push Notifications: Having unlimited push notifications enables your business to always stay on top of the mind choice for customers, and increases brand loyalty. Push notifications also enhance the brand equity by sending your customers a festive message and an offer enclosed, customers will trust the brand and stay loyal. Also, it helps in staying in the memory of the customer, as the app logo can be easily recognized and be at the eye level for the customer, even if they aren’t logging in, they’re sure to remember your brand and what you offer, it also aids in increased sales amongst the youth as smartphones have become an integral part, and constantly checking for notifications has become a habit.

Photo Gallery: Put up the best pictures of your new menu and even if your customer’s not hungry, they sure would feel after seeing scrumptious delicacies your business has to offer. You can also upload pictures from events, users can also upload pictures from Instagram, this makes your customers more engaged with your app and spread the word about your business.