Economic Disruptions In Construction Industry Bengaluru

Introduction

There are a lot of issues that need to be solved in creative ways in the building business. Businesses are using technology more and more. Even then, the digital change will only reach its full potential quickly. There are always some things that could be improved in the building business. So, more than making plans the way we've always done is needed.

Why linked data and integrated work environments are essential?

The construction industry needs integrated work environments and linked data to plan, build, and run on a large scale. This requires a platform with industry clouds and standard platform services that can grow, last, and keep people safe. The new thing is that platforms run in the cloud and have open ecosystems, making it easy for people to work together. Broken supply chains can be fixed by setting up cloud buildings, making data more specific, and, in the end, getting businesses' finances back on track.

Why it's essential for digital change?

The construction industry needs to be faster to change to digital for many reasons. There are a lot of different businesses in the field. They need help to agree on standards and share information. A lot of people work in the industry as well. No one wants to put machines in their place. Lastly, the business needs to be updated. People prefer to keep how they've always done things the same. But the AEC industry needs to speed up its digital change. This is to grow faster and has more opportunities in the coming years.

Problems with the transition to digital

Director of KPM Design Services Deepak Bashetty doesn't think digital change is a one-size-fits-all answer for all building projects. Because the needs of each project are not same. So, becoming digital is challenging and expensive. 3D/4D technology has taken a long time to become famous. Most real estate developers still prefer 2D modeling. Digital technology has been used in some ways, such as putting QR codes on drawings. Even then, progress has been slow.

Resistance to Digital Change

The General Manager of Design and Development at Kolte Patil Developers, Nikhil Kharade, says that the AEC industry still needs to adapt to digital change. Buying software and hiring people with the right skills takes time and money. Developers also trust people who have worked in their field for more than 30 years. Getting different experts to work on the same platform to finish a big project is challenging.

Why is digital change necessary?

Sudipta Ray, Senior Vice President and Head of Residential Projects, Design, and Construction at K.Raheja Corp, thinks that real estate companies can't avoid digital change. Putting money into technology now sets up what will happen in the future. His company has been using many digital tools to speed up and improve building design coordination, track construction progress and quality, and improve other business processes.

Why is going digital a good thing?

Director of Technical Services at Cushman & Wakefield HLDG Inc., Devesh Gupta, is happy that the AEC industry is getting more digital. He says that businesses have grown because digitization adds value and gives workers access to information that helps them make better choices. This helps the AEC industry earn more money, work better, and use its resources better.

The AEC industry is becoming more digital

Digital change is needed in the Building, Engineering, and Construction (AEC) industry. But it takes work for many organizations to put it in place. Autodesk's Rajgopal Nair says that there are many benefits to digital change in the AEC sector. When you use digital tools and automate processes, you can be more efficient and get more done. This can reduce the time and money needed to build and improve something. This could make workers feel safer and more secure.

Emerging Technologies in AEC

It is essential to use new and developing technologies in the AEC industry. Drones, for instance, can be used to check how a building project is going. Tools for Building Management Systems (BMS) can now get real-time feedback from the site. You can keep this information and use it to reduce construction waste and other costs safely. Some examples of how advanced technologies can change the industry are artificial intelligence (AI), blockchain, machine learning (ML), and augmented and virtual reality (AR/VR).

Cloud Computing in AEC

The way the AEC industry works has changed because of cloud-based operations. This is done by getting people, data, and technology to work together. A lot of businesses have used cloud technology. Mapping in 3D with BIM 360 and GIS and surveying and GIS are two examples. Cloud has made it easier to ensure that capabilities and processes are the same. It's also part of an excellent omnichannel strategy. It's made development and deployment faster, and the cloud makes it easy to scale up quickly.

Benefits of Cloud Computing in AEC

Cloud computing has helped businesses in the middle market more than it has helped big construction companies. The big players were ready because they already had large data centers. But the cloud seemed more straightforward for players in the middle segment to change. Cloud also helped start a virtual business model, which is very helpful for big projects like super luxury hotels, etc. With the help of the cloud, people could see how designs would look, work better together, make decisions faster, and store information on a single platform. Service in the cloud is likely the future of the AEC industry because it's easy to see what's happening.

Autodesk's Construction Cloud

They made construction from Autodesk to be ready for anything. This is because the cloud helps the AEC industry in many ways. It is a place where people can plan, build, and run big things. Professionals in the AEC field can use any device to get to their files and apps from anywhere. So they can move around more freely.

Conclusion

In the construction industry, some things need fixing. These problems slow down work, but digital tools can help solve them. Even though the AEC industry has been slow to adopt digital change, the benefits must be addressed. Suppose the AEC industry wants to grow faster and has more opportunities in the future. In that case, it needs to speed up digital change.

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