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.
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.