{"id":121229,"date":"2023-02-17T09:00:04","date_gmt":"2023-02-17T09:00:04","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=121229"},"modified":"2023-02-23T13:41:04","modified_gmt":"2023-02-23T13:41:04","slug":"how-can-new-technology-help-economic-uncertainty-in-construction","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/how-can-new-technology-help-economic-uncertainty-in-construction\/121229\/","title":{"rendered":"How can new technology help economic uncertainty in construction?"},"content":{"rendered":"<h2>Adopting new technology for economic uncertainty in construction can help to eliminate redundant work and streamline critical tasks<\/h2>\n<p>According to the latest Autumn Construction Forecasts 2022-2024, construction output is expected to fall by 3.9% in 2023. As real wages plummet and interest rates rise, the demand for new builds, repairs and improvement in the private housing sector is likely to fall as well.<\/p>\n<p>What\u2019s more, those working in commercial and infrastructure are seeing inflation drive up construction costs. But, while adopting <a href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction\/bim-news\/5-ways-construction-technology-can-transform-your-business\/119841\/\" target=\"_blank\" rel=\"noopener noreferrer\">new technology<\/a> can be daunting for any business, it can help to eliminate redundant work and streamline critical tasks, easing the burden as the economy becomes more challenging.<\/p>\n<h3>How to mitigate the impact of economic uncertainty in construction<\/h3>\n<p>The pandemic accelerated <a href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction\/bim-news\/digital-construction-industry\/105442\/\" target=\"_blank\" rel=\"noopener noreferrer\">digital transformation in construction<\/a>, forcing companies to review their processes, operations and procedures \u2013 many of which were outdated and no longer fit for purpose.<\/p>\n<p>Organisations took the opportunity to identify gaps that digitalisation could fill, enabling them to adopt solutions that might otherwise have taken years to integrate.<\/p>\n<h3>How can new technology help economic uncertainty in construction?<\/h3>\n<h4>1. It aids sustainability efforts<\/h4>\n<ul>\n<li><a href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction\/bim-news\/bluebeam-interstate-electrical-prefabrication\/102288\/\" target=\"_blank\" rel=\"noopener noreferrer\">Businesses can go paperless<\/a><\/li>\n<li>Doing everything digitally reduces carbon footprint<\/li>\n<li>Remote working cuts unnecessary transport<\/li>\n<\/ul>\n<h3>2. It improves collaboration<\/h3>\n<ul>\n<li><a href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction\/bim-news\/bluebeam-announces-the-release-of-bluebeam-cloud\/115739\/\" target=\"_blank\" rel=\"noopener noreferrer\">Cloud technology<\/a> makes it easy to share information from anywhere &#8211; This helps avoid unnecessary delays and costs<\/li>\n<\/ul>\n<h4>3. It streamlines processes<\/h4>\n<ul>\n<li>Manual processes can be automated<\/li>\n<li>There\u2019s <a href=\"https:\/\/www.bluebeam.com\/uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">construction software<\/a> for everything from payroll to scheduling to project management<\/li>\n<\/ul>\n<h4>4. It supports training<\/h4>\n<ul>\n<li>Teams can access flexible, up to date training<\/li>\n<li>Less need for recruitment, upskilling staff instead<\/li>\n<\/ul>\n<h4>5. It minimises re-work<\/h4>\n<ul>\n<li>Progress is easy to track<\/li>\n<li>Different teams can easily collaborate<\/li>\n<li>mistakes and problems become less likely.<\/li>\n<\/ul>\n<p>Firms that take advantage of technology have an opportunity to stand above competitors that are slow to adapt.<\/p>\n<p><a href=\"https:\/\/ad.doubleclick.net\/ddm\/clk\/550438040;359356250;c\" target=\"_blank\" rel=\"noopener noreferrer\">Read the full article on Built, The Bluebeam Blog.\u00a0<\/a><\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Adopting new technology for economic uncertainty in construction can help to eliminate redundant work and streamline critical tasks<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38487],"tags":[464,908,172727,283,848],"stakeholder_rel_tag":[172393],"contributor_rel_tag":[],"class_list":{"0":"post-121229","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-construction-technology-news","7":"tag-contributor-profile","8":"tag-economy","9":"tag-featured","10":"tag-finance","11":"tag-sh-bluebeam","12":"stakeholder_rel_tag-bluebeam"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How can new technology help economic uncertainty in construction?<\/title>\n<meta name=\"description\" content=\"Adopting new technology for economic uncertainty in construction can help to eliminate redundant work and streamline critical tasks\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/how-can-new-technology-help-economic-uncertainty-in-construction\/121229\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How can new technology help economic uncertainty in construction?\" \/>\n<meta property=\"og:description\" content=\"Adopting new technology for economic uncertainty in construction can help to eliminate redundant work and streamline critical tasks\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/how-can-new-technology-help-economic-uncertainty-in-construction\/121229\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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