DEC 2019 - JAN 2020CONSTRUCTIONTECHREVIEW.COM6The construction industry is regarded to be very traditional and resistant to change despite technologies showing promising applications in the building projects. Over the last few years, the construction sector has become more responsive to new tools and techniques that global industries can share with this industry.Hinting to the severity of how much digital technology has transformed construction over the past few years, the adoption of drone-based supervision and inspection are helping enterprises in many ways. Drones can achieve significant cost savings. It can also help with easy monitoring of a large number of projects, while also improving the working conditions and also inspecting hard-to-reach places without being exposed. Further, augmented reality (AR) overlay key information during project site visits and also when inspecting existing buildings, which is very useful during all the stages of building a life cycle like design, construction, renovation, and maintenance. AR can also be used to give a clear picture of a site by overlaying a completed project picture on an empty site and enabling clients to understand the process better.The production of data volume by multiple connected devices generally results in being too large for human analysts, hence artificial intelligence (AI) platforms can access the data stored in the cloud, and then process it in a simple and intuitive metrics, which are very useful for decision making. The construction industry is characterized by high exposure risk and uncertainty, and this is starting to change with the adoption of AI. The off-site assembly of building components is bringing higher benefits as compared to the traditional approach of building a structure from ground zero. Prefabrication is a powerful tool in competitive markets, resulting in both commercial and residential developments growing fast and also collecting the rent and other payments earlier.In this edition of CIOReview, we feature companies that have excelled through innovation in delivering the highest quality of solutions and services. We hope the inspiring success stories of these startups benefit our readers who are in pursuit of ideal collaborators. Let us know your thoughts.Michael Rosario Managing Editorconstructiontechreview.comThe Arrival of New Players in the MarketCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisD Ashwani KumarJames FerrerRose D. WilsonManaging EditorMichael Rosario*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffVisualizersSalesGeorge MathewAndrew D`souzaandrew@constructiontechreview.comContact Us:Phone:510-996-5173Email:sales@constructiontechreview.comeditor@constructiontechreview.commarketing@constructiontechreview.com Dec 2019 - Jan 2020, Vol 02 Issue 13 Published by ValleyMedia, Inc.To subscribe to Construction Tech ReviewVisit www.constructiontechreview.com
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