{"id":21160,"date":"2019-12-11T12:38:04","date_gmt":"2019-12-11T11:38:04","guid":{"rendered":"https:\/\/www.intellias.com\/?p=21160"},"modified":"2024-04-26T14:05:33","modified_gmt":"2024-04-26T12:05:33","slug":"value-safety-and-efficiency-how-iot-innovates-the-construction-industry","status":"publish","type":"blog","link":"https:\/\/intellias.com\/value-safety-and-efficiency-how-iot-innovates-the-construction-industry\/","title":{"rendered":"Value, Safety, and Efficiency: Powering Innovation with IoT in Construction Industry"},"content":{"rendered":"

Anyone who\u2019s ever built a house or had an apartment renovated knows that it never turns out the way you initially planned. The work usually takes longer, costs more, and is of a lower quality than what you originally envisioned. And this seems to be a global problem: massive construction projects encounter the same time and cost issues that you run into when building a house. Luckily, we can rely on IoT in construction industry.<\/p>\n

McKinsey states that large construction projects typically last 20% longer than scheduled and cost 80% more than expected. With numbers like these, it\u2019s critical to fix construction issues sooner rather than later. While several years ago the cost of implementing\u00a0IoT in construction industry was still too high to consider it seriously, things have drastically changed. A multitude of sensors can fit dozens of use cases, connectivity has become cheaper, and the Platform as a Service business model<\/a> is no longer rare. Construction businesses have all the conditions to start adopting IoT into their processes, improving productivity, and better meeting customer expectations.<\/p>\n

Here’s how the Internet of Things can help to revitalize the construction space.<\/p>\n

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Implementing IoT in construction industry<\/h2>\n

Virtually any device that can be equipped with sensors and transmit data to the internet can become part of an IoT construction network. In IoT construction, these devices include machinery, vehicles, consumables, and wearables. The Internet of Things construction industry technologies help you collect data about a variety of processes and pieces of equipment involved in a project as well as connect an entire construction site (or even multiple sites) via the internet for a consistent view of project progress. And that\u2019s not all. Here are some of the IoT devices the construction industry uses to manage, track, control, and analyze data.<\/p>\n