{"id":117780,"date":"2022-11-01T11:51:07","date_gmt":"2022-11-01T11:51:07","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=117780"},"modified":"2022-11-01T12:05:02","modified_gmt":"2022-11-01T12:05:02","slug":"the-importance-of-digital-transformation-in-the-construction-industry","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/the-importance-of-digital-transformation-in-the-construction-industry\/117780\/","title":{"rendered":"The importance of digital transformation in the construction industry"},"content":{"rendered":"

Digital transformation in the construction industry is now top of the agenda for many firms,\u00a0becoming a high-priority initiative to maintain competitiveness in a tough market. Executives across all industries are aware of the benefits of digitisation, with most organisations implementing construction software<\/a> at some level across the business<\/h2>\n

To those of you who are not familiar with the concept, digital transformation is the integration of digital tools to optimise processes<\/a> and make them more efficient. It has been proven to create significant value for construction firms, with a swift ROI and increase in productivity. Despite this, digital transformation in the construction industry<\/a> is not where it should be.<\/p>\n

FlowForma, in partnership with Construction Dive, has conducted a survey with 100 key construction – decision-makers about the current state of digitisation in the sector<\/a>, with a strong emphasis placed on construction workflows<\/a> and business processes.<\/p>\n

Operational efficiency on construction projects is a priority<\/h3>\n

From our extensive survey, the vast majority (94%) of construction executives and managers want to improve employee safety on-site. The industry has extensive safety requirements, given the nature of the job and negligence of health & safety regulations can be costly to a construction firm. For health & safety managers within the construction sector, risk assessment plays an important part. Potential hazards on a construction site require critical examination and careful documentation \u2013 manual administration can lead to human error.<\/p>\n

A majority also view operational efficiency on construction projects as a priority. 87%
\nof construction executives and managers view an increase in operational efficiency as either very important or absolutely required. A high level of operational efficiency means that construction firms avoid overruns and complete projects on time and to budget<\/a>.<\/p>\n

Data is not just a commodity for business leaders. It\u2019s a real business asset and is leveraged for business strategy and decision-making. According to our survey results, real-time project analytics informs decision-making for 96% of construction executives and managers. Furthermore, 92% consider data insights as a high-priority business outcome, rating it as either very important or absolutely required. Process automation and BIM tools enable real-time data access, high data quality and allow users to access data when offline<\/a> \u2013 useful on a construction site with limited online capabilities.<\/p>\n

For a digital landscape in which multiple applications are used simultaneously, it\u2019s important that systems talk to one another, feed through data and promote collaboration across the value chain. 88% of construction executives and managers want seamless integration of multiple solutions.<\/a><\/p>\n

Integration of tools is necessary to create a holistic data picture, generate transparency across project lifecycles and promote better collaboration between teams.<\/p>\n

From our survey results, we learned that construction executives and managers would like a workflow tool to integrate<\/a> with the following:<\/p>\n