Constructing the Future with Tech, Sustainability, Data Management

Constructing the Future with Tech, Sustainability, Data Management

The construction industry, once perceived as traditional and resistant to change, is undergoing a remarkable evolution driven by technological advancements. In a recent Engineering News-Record -hosted webinar led by Kahua Evangelist Nicholas Johnson and Mohinder Singh – Deloitte Infrastructure and Capital Projects Advisory Senior Manager – insights were shared into the dynamic changes reshaping the construction landscape.

Technological Revolution in Construction

Mohinder Singh emphasized the exponential rate of innovation, especially in the construction industry. The evolution of construction tech began with design and modeling but has since permeated the entire supply chain, revolutionizing building materials and construction methodologies. Green building practices and artificial intelligence (AI) are contributing significantly to improving design quality, enhancing safety records and enabling better project management.

Key Disruptors: Workforce, Funding, and Technology

The most critical disruptors identified by Mohinder are the workforce, funding availability and technology. The workforce is facing challenges due to retirements, insufficient recruitment focus and a shortage of skilled and unskilled labor. Funding dynamics are changing, with a shift towards private companies delivering infrastructure projects. Technology, driven by the need to do more with a reduced labor force, has become a necessity, making digitalization a permanent fixture in the industry.

Kahua’s Nicholas Johnson raised a pertinent question about how constructors can address workforce challenges. Mohinder advised organizations prepare for the evolving landscape by assessing their processes, eliminating redundancies and ensuring connectivity among systems. He highlighted the importance of leveraging technology to attract and retain young talent, who are inherently drawn to tech-enabled businesses.

Attracting Young Talent through Technology

The discussion delved into the preferences of the new generation entering the industry, particularly Gen Z. The emerging industries, including manufacturing and e-commerce, heavily rely on technology, aligning with the preferences of the younger workforce. Companies that embrace technology are more likely to attract and retain the talent needed for future growth.

Environmental Sustainability and Social Impact

The conversation expanded to the industry's commitment to environmental sustainability. Mohinder stressed the importance of reducing carbon emissions during construction, pointing out that blockchain technology can aid in tracking and managing environmental impact. The discussion also touched on the social aspect, emphasizing the need to track and measure social impact, especially in disadvantaged communities. Mohinder said 德勤 is actively involved in developing dashboards and key performance indicators (KPIs) to measure and report on social impact.

Artificial Intelligence in Construction

The webinar explored the role of artificial intelligence (AI) in construction. Mohinder highlighted various AI use cases, such as intelligent inspections using drone technology and predictive maintenance. AI, according to Mohinder, is a game-changer that can streamline inspections, reduce time and provide valuable analytics. Nicholas brought up the challenge of integrating AI into existing tools and systems, with Mohinder emphasizing the maturation of AI use cases and the ongoing adoption of embedded AI tools in commercial platforms.

Managing Data and AI Risks

As the discussion moved to data management and security concerns related to AI, Mohinder stressed the importance of protecting data integrity. He highlighted the risks associated with data feeding AI models, emphasizing the need for robust cybersecurity measures to safeguard against ransomware and other threats.

Nicholas and Mohinder also addressed the practical aspects of managing price escalation in the construction industry. While technology can contribute to stabilization, the speakers acknowledged the complex nature of price dynamics and the importance of leveraging technology to navigate these challenges.

In conclusion, the webinar provided valuable insights into the evolving construction industry, emphasizing the pivotal role of technology, sustainability, and social impact. The dialogue between Mohinder Singh [AM3]?and Nicholas Johnson shed light on the need for continuous innovation, adaptability, and strategic use of technology to navigate the transformative journey of construction's evolution.

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Want to learn more about how Kahua's construction project management information solution can help you manage data and risks, track sustainability and attract the right workers for your projects? Catch the entire webinar here.

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