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Leveraging Construction Technology Trends for Maximum Impact.pdf
1. Leveraging Construction Technology Trends for Maximum Impact
Construction technology trends help to automate critical tasks and increase productivity. Read the
blog to know how these trends shaping the industry.
As far as modern technology goes, a major challenge that many construction companies are facing today
is to keep up with the range of construction technologies and find and implement the best ones that fit
all business needs.
Adopting a new construction technology isn’t everything – construction companies or firms should make
sure that the technology works together with accuracy. That’s why it is very crucial to find the best
technology to make the process easier and faster.
If you would like to take your construction business to another level, this comprehensive guide will help
you. In this blog, we are going to discuss 2023’s top construction technology trends and aspects that
will influence construction industries within the next few decades. Let’s get started.
2. What is construction technology?
The term construction technology refers to the set of different tools, machinery, and software
applications that are used in various stages of a construction project. These tools and machines allow
construction firms to boost efficiency and streamline business operations.
Components that constitute modern and emerging technologies in construction include autonomous
heavy equipment, automated & semi-automated equipment, bid management systems, different
mobile applications, robots, artificial intelligence, machine learning, AR/VR, and more. Moreover, the
latest construction technologies and trends help businesses accelerate digital transformations & move
one step forward to achieve business goals.
The implementation of innovative construction software and tools covers every level of construction,
from project ideation and planning to on-site activities. According to the report, the worldwide
construction market is expected to grow up to $8 trillion by 2030. Studies done by a custom software
development company also show that more than 23% of construction companies report that they’re
planning to improve workflow performance with advanced technologies like BIM, prefabrication, etc.
Importance of construction technology
The entire ecosystem of construction technology is rapidly shifting toward integrated platforms that
better serve your needs. Significant importance of building construction technologies include:
1. Increases productivity:
In a construction site, every project has different perspectives and purposes. This makes process
standardization quite difficult and impacts productivity. The application of modern technologies like
3. artificial intelligence, the internet of things, and machine learning, helps to streamline and automate
several processes. Therefore, overall productivity is also increased.
2. Improves workplace safety:
In a construction site, workplace safety is one of the major concerns. The applications of advanced tools
like sensors, VR & wearables have a massive impact on enhancing workplace and labor safety. It also
helps to minimize the risk of serious workplace injuries. Moreover, these technologies also allow
construction companies to effectively train their employees & then track their health status for ensuring
a very safe working environment.
3. Helps to control labor shortages:
The labor shortage is one of the constant problems that many construction companies face recently.
Fortunately, construction technologies help to manage this issue in a unique way. Through the
application of drone technology, autonomous equipment, and robotics, construction companies ensure
how many employees they need to complete a critical task. These technologies also help them by
offering the latest available candidate database, which they can use to employ new employees or
workers when required.
4. Ensures excellent collaboration:
Collaboration in any construction project may face major challenges, as the construction site is usually
very large & the projects mainly involve a number of decision-makers. The usage of construction
technologies specifically designed for communication and collaboration encourages faster and better
decision-making. Such applications and technologies also ensure that new data & information reaches
the different stakeholders so that the construction project runs properly.
2023’s Top construction technology trends
4. Cutting-edge technologies and innovations are drastically changing business operations and workflows
in construction. Here are 5 emerging trends that are strongly influencing construction technologies.
1. BIM (Building Information Modelling):
BIM stands for Building Information Modelling, the latest digital technology process that involves
developing a three-dimensional model of a construction project & its components such as design &
maintenance. BIM enables architects, contractors, and engineers to coordinate & collaborate their
efforts efficiently, which improves efficiency and reduces errors. Moreover, it improves sustainability
and gives a new shape to resource management.
The latest version of this technology 5D BIM is more powerful that offers project scope understanding,
short project cycles & increased productivity. 2023’s top BIM software include Revit, Tekla, BIM Collab,
Navisworks, Autodesk BIM 360, and Plannerly.
Key Benefits
Enhanced onsite communication and collaboration
Model-based budget estimation
Better clash detection
Cost & resource savings
Improved sequencing or scheduling
Increased productivity
Streamlined facility management
2. Prefabrication:
Prefabrication refers to modular construction which is the process of making building components in
other locations than the main site. This trend has become very popular as it increases quality control,
eliminates construction time & minimizes waste. The prefabrication process is extensively used in
several construction projects like offices, hospitals, schools, housing, etc. This process also eliminates
the necessity for sourced construction materials that result in very low waste.
Key Benefits
Impacts tech trends with advanced design tools
Reduces costs
Quality control and consistency
High flexibility
Simplifies overall construction processes & timelines
3. Drone technology
5. With 3D lidar scans and real-time aerial imagery, drones or UAVs are consistently revolutionizing several
construction processes. As a powerful tool, industrial drones offer a vast range of applications such as
structure inspection, site mapping, land surveying, project monitoring, etc. Drones make the surveying
process more accurate and easier. Moreover, industrial drones are fitted with a number of sensors and
features that can collect precise data on different environmental factors such as humidity, temperature,
air quality, and more.
Key Benefits
Detail and in-depth data in-place
Offers flexibility for inspections
Photogrammetry offers real-world insights
On-demand, quick, and repeatable image acquisition
Improved documentation & quick subcontractor reconciliation
Enhanced security and surveillance
4. 3D Printing
3D Printing offers an alternative method of construction that is more cost-effective, efficient, and
sustainable. This technology helps to create large-scale objects with the help of layer-by-layer
approaches. It gives the right solution for making complex geometric shapes and architectural designs.
In construction industries, 3D printing is extensively used to fabricate nodes for lightweight structures. It
helps to streamline the construction process, reduce waste and save money on storage and
transportation.
Key Benefits
Boosts the speed of construction
Reduces health & safety hazards
Increases design accuracy
Eliminates material wastes in construction sites
5. Internet of Things (IoT)
Currently, the construction industries are undergoing essential adjustments that will enhance efficiency,
the introduction of tools, and process improvement. In civil engineering, IoT or the Internet of Things
considers the incorporation of lower control sensors that seamlessly transmit data at the lowest cost.
According to the report, the market size of IoT in construction is predicted to reach approx 26.5 billion
USD by 2027 worldwide.
Today’s construction companies consider IoT technology due to several reasons such as low profitability,
increased challenge, schedule overruns, and reduced margins. The IoT technology collects data and
information from different linked devices by using algorithms and sensors. This data and info help
6. professionals and experts address safety concerns & make sure that the construction process is properly
executed according to the project schedule.
Key Benefits
Improves safety and performance
Helps in budgeting and resource management
Monitors structural health
Manages remote operations and activity monitoring
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Types of construction technologies
New technology in construction industry mainly refers to software and hardware technology solutions
that every construction company implements to boost their business processes, save money &
time, increase productivity, etc.
Hardware solutions help to manage machinery, tools & other equipment. On the other hand, software
solutions usually include sales systems, project management systems, CAD systems, and much more.
Both solutions are used for specific needs and to streamline the project workflow.
Construction technology solutions can also be split into two major types:
1. Construction technology for business
2. Construction technology for execution
Construction technology for business
Construction tech tools and software for business help to enhance sales, bidding processes, estimation,
marketing efforts, resource planning, accounting, and other tasks. Some of the popular construction
technology examples include:
7. Sr.No. Technology Name Examples
1 Estimating software Stack, PlanSwift, Trimble Accubid, Proest, Clear Estimates,
Sage Estimating, Sigma Estimates, Stratosphere
2 Construction sales
management
iDeal CRM, Pipedrive, Unanet
3 Marketing CRM
software
HubSpot, Mailchimp, Constant Contact, OnePageCRM
4 Bidding Platforms PlanHub, iSqFt, BuildCentral, Construction Bid Source,
Building Connected
5 Accounting Software CMiC, Sage 300 CRE, Foundation
6 Resource planning Smartsheet, Wrike, VIZZN
1. Estimating software
In any construction project, estimation plays a very significant role. It mainly contains detailed cost
estimation, scheduling, construction planning, etc. Estimating software solutions help to expedite these
processes. These software solutions specifically focus on line-by-line cost development & quantity
estimations for labor and materials. Some tools include formulas & calculations, cost summary
templates & material cost databases. Top estimating software for construction projects includes:
Stack: All-in-one estimating software solution that works anytime and anywhere.
PlanSwift: PlanSwift is a powerful estimating software designed for industrial, institutional, residential,
and commercial subcontractors and GCs and in every construction trade.
Trimble Accubid: This is a classic, flexible, and fully featured estimating tool that offers accurate
estimations.
Proest: It combines bid day analysis, cost estimation, and digital takeoffs in a single solution that assures
accurate estimations.
Clear Estimates: Clear Estimates offers an easy-to-use solution that enables you to smoothly determine
the project cost. It has 160+ project templates to create estimates within a minute.
Sage Estimating: This software solution helps to make accurate estimates, boost the bid-to-win ratio,
and provide a cost database, project scheduling, electronic takeoff, job costing & so on.
Sigma Estimates: This is an easy-to-use & advanced estimating software that is a great choice for
contractors, construction engineers, and architects in building industries.
Stratosphere: This is a completely cloud-based estimation tool that allows construction professionals
and estimators to measure digital blueprints.
8. 2. Construction sales management software or sales CRM
From managing relationships with clients to turning opportunities into deals, customer relationship
management is one of the major keys to business success. There are several sales management
software & tools used for construction sectors. They are used to automate follow-up processes and
proposals. Moreover, they also help to store important client information & contacts. Some key
examples of high-end construction CRM tools include:
iDeal CRM: This is a popular project management software (PMS) designed for residential and
commercial construction sectors of all sizes
Pipedrive: This is a very unique CRM tool used for managing & tracking deals, leads, and contacts. It also
allows businesses to plan several sales activities.
Unanet: This is a single-source cloud-based CRM that combines Project Portfolio Management &
Professional Services Automation that allows businesses to plan, manage and track projects.
3. Marketing CRM software
Marketing CRM & sales management software solutions are confused. However, there are significant
differences between them. Tools like marketing CRMs provide leads through email campaigns, website
visitors, and social media. Top examples of marketing CRM tools include:
HubSpot: This is an easy-to-use CRM tool for customer support & marketing that comes with smart
features like meeting scheduling, live chat, email tracking, etc.
Mailchimp: This is an email marketing tool with automation capabilities that helps you manage your
customers, clients & other interested parties.
Constant Contact: This is a marketing tool that helps businesses build branded emails, online stores,
websites, and more in one platform.
OnePageCRM: This is a contact management tool with follow-up automation to manage the company’s
relationships & interactions within a business.
4. Bidding Platforms
The bidding process in construction is complex. Top construction firms get projects from several bidding
sites. Therefore, finding the best online platform for a construction project is highly important. Take a
look at the top construction bidding platforms:
PlanHub: This is a top-notch construction bidding software used to post projects, expand networks, and
win bids.
iSqFt: This tool allows contractors to manage the bid process, monitor project information, and quickly
share information.
BuildCentral: It builds & markets construction databases & analytics to help suppliers, manufacturers,
and builders.
9. Construction Bid Source: This is another popular tool that helps contractors explore local projects to bid
by county and state.
Building Connected: This is the largest construction network that effectively connects builders and
owners through an innovative platform for streamlining risk management processes.
5. Accounting Software
Accounting software offers several firms financial management tools to construction companies to
effectively manage business finances in construction. This may include payroll, job costing, accounts
receivable, accounts payable, cash management, audit reporting, general ledger, financial reporting, etc.
Key benefits of using construction accounting software include:
Enhanced operational efficiency
Better info management
Improved project management
Enhanced reporting
Better communication
Higher profitability & efficiency
More precise forecasting
Here are the top three examples of construction accounting software:
CMiC: This tool offers unified and complete project management and financial software solutions for
several construction firms.
Sage 300 CRE: This is a popular ERP system that helps real estate and construction industries with
certified payroll, compliance paperwork, and so on.
Foundation: It comes with cloud-based deployment and on-premise options that help construction firms
of all sizes. It contains several modules like scheduling tools, executive dashboards, project oversight,
etc.
6. Resource planning
Resource management in construction is a process of allocating, planning & managing resources
including finances, materials, and equipment to seamlessly and successfully finish construction projects.
It also helps to implement every critical task with high accuracy & meet all project objectives within a
specific time frame. It also helps managers successfully deliver projects by achieving project resource
demands. In addition, the resource management process also boosts productive utilization. With the
resource planning approach, construction companies avoid mistakes like project delays. Some crucial
benefits of using resource management software include
Gaining visibility of management resources in construction
Reducing costs of construction project
10. Boosting productivity of construction resources
Helping in construction project activities
Facilitating team collaboration
Here are some key examples of resource management software include:
Smartsheet: This tool empowers better accountability, collaboration, real-time visibility, and innovation
to make faster decisions.
Wrike: This is a powerful project management tool that offers 360° visibility to the team and helps to
control critical projects and tasks.
VIZZN: This tool mainly focuses on dispatching, estimating, job-site logistics, scheduling & construction
management.
Construction technology for execution
Technology solutions for execution mainly support every stage of construction processes such as project
management, design, execution, and documentation. Key examples of construction technologies for
execution include:
11. Sr. No. Technology Name Examples
1 Construction management
technology
Plangrid, Procore, Buildertrend, AutoDesk
Construction Cloud
2 Design & modeling
technology
AutoCAD, ArchiCAD, Sketchup, Vectorworks,
Allplan, SkyCiv Structural 3D, Rhino 3D, IntelliCAD,
ActCAD, ArcSite, Houzz Pro
3 Construction document
management technology
Dropbox, Document 360, Procore
4 Progress tracking
technology
Knowify, ConstructionOnline, Priority Matrix
5 Fleet management and
construction equipment
technology
Fleetio, Tenna, Samsara, Chevin Fleet, HCSS
Equipment 360
1. Construction management technology
To make a construction project profitable, it should be on the budget, on the scope, and on time.
Whether it’s through an Excel sheet or dedicated software, construction management technology makes
the process easier and streamlined. Some of the best examples of management technology software in
construction include:
Plangrid: This is a construction productivity tool that helps owners, subcontractors, and general
contractors benefit from access to plans, photos, forms, issues & more.
Procore: This is an all-in-one management software designed and developed for connecting
stakeholders throughout the entire construction lifecycle.
Buildertrend: This is a management software for specialty contractors, home remodelers & home
builders. It helps to collaborate with stakeholders by making purchase orders & progress invoices.
AutoDesk Construction Cloud: It helps to connect workflows & data of construction for minimizing risks,
improving efficiency, and increasing more predictability & profits.
ViewPoint: This is a construction software that effectively supports project management, construction
accounting & field teams.
2. Design & modeling technology in construction
Design & modeling construction technology tools help to make three-dimensional models to properly
communicate & visualize critical site conditions, building systems, and structural connections. Design
software in construction may include architectural CAD, 3D tools, and drawing tools for construction
plans.
12. 3D modeling tools and software are important for architecture sectors. They are also used by interior
designers, architects, and engineers to accurately visualize their projects. Top examples of design &
modeling construction technology software include:
AutoCAD: This is a very popular design & drafting software application designed to make 2D & 3D
drawings and diagrams accurately.
ArchiCAD: ArchiCAD is a powerful architectural BIM CAD visualization software used to manage all major
aspects of aesthetics & engineering during the design process.
Sketchup: This is an excellent design software that helps to create three-dimensional modeling. This is
an easy-to-use tool that comes with simple interfaces and plenty of functionalities.
Vectorworks: This is a fully-integrated 3D design software that offers a collaborative and flexible design
process to engineers, architects, and landscaping professionals.
Allplan: This is an interdisciplinary 3D BIM software that integrates & supports construction processes
throughout several project phases. Allplan is ideal for structural engineers & architects.
SkyCiv Structural 3D: This is a three-dimensional frame analysis software that helps to analyze & design
a number of steel, concrete, timber & general structures.
Rhino 3D: Rhino 3D also known as Rhinoceros 3D is a popular design software specially used in industrial
design, architectural trades, and jewelry design.
IntelliCAD: This is a professional-grade CAD software mainly used to evaluate CAD drawings.
ActCAD: This is a native DXF and DWG CAD software used to make as well as edit drawings. It’s ideal for
structural engineers, consultants, and civil engineers.
ArcSite: This is a robust and easy-to-use CAD software that is used to make precise drawings within a
minute from anywhere.
Houzz Pro: This software helps design experts and contractors with accurate project management &
marketing solutions in a single platform. It contains individual insights and lead management with
dashboards.
3. Construction document management technology
Document management in construction is a process that is mainly concerned with organizing the flow of
essential documents. This system applies to both digital and physical documents, though many
companies are moving toward digital documentation to manage a variety of processes for construction
projects. Document management systems usually offer the following benefits to the stakeholders:
Provides an easy-to-access process for critical projects
Enhances communication between stakeholders and departments
Helps to reduce hidden costs
Builds a standard procedure to organize and manage documents
13. Key examples of construction document management tools include:
Dropbox: Dropbox Business helps to manage construction projects effectively. It allows users to access
& organize plans in real-time.
Document 360: This is a knowledge management platform that helps users across different industries to
build and collaborate on self-service knowledge for the products.
Procore: This is an all-in-one construction management platform that allows you to upload documents
and finish projects on time & within budget.
4. Progress tracking technology
Progress tracking in construction mainly involves a number of tracking aspects that affect labor, tasks,
materials, change orders, time and cost, equipment, RFIs, submittals & more. In addition, progress
tracking helps to focus efforts, ensure all resources are utilized efficiently, and maximize the chances of
achieving the core objectives of the company. Key benefits of using construction progress tracking
include:
Helps to avoid delays & find challenges
Offers the team visibility into the construction project
Helps in decision making along the timeline of the project
Tracks progress daily & ensures accountability
Maintains project timelines with scheduling
Manages important financial information easily
Some popular examples of construction progress-tracking technology include
Knowify: This is a project management software designed for trade contractors. It helps businesses to
keep their construction project & organized properly monitored and managed.
ConstructionOnline: This is a fully web-based platform that allows construction businesses to streamline
projects, track updates, schedule & client communications.
Priority Matrix: This is a popular project management software that enables businesses to track all
project activities, manage critical tasks & coordinate with other members in real time.
5. Fleet management and construction equipment technology
Fleet and equipment management technology in construction is crucial for larger organizations with
highly expensive assets. This technology helps businesses track all field assets, and get notifications on
maintenance. Major benefits of construction equipment & fleet technologies include:
Helps to streamline the use of project assets
Minimizes costs and expenses
Assures the safety of assets
14. Prevents idling & route complications
Top examples of fleet management and equipment technology include:
Fleetio: It’s an alternative to outdated software & spreadsheets. It allows businesses to automate fleet
operations & keep equipment and vehicles running properly.
Tenna: This is an asset tracking system that effectively revolutionizes fleet management operations.
Samsara: This is a cloud-based fleet management platform that offers premium features like GPS
tracking, routing & dispatch, reefer monitoring, trailer tracking, and so on.
Chevin Fleet: This is a popular easy-to-use software that makes construction fleet management
streamlined and helps you with real-time insights & also automates processes.
HCSS Equipment 360: This is an equipment maintenance platform that offers 360 degree view of a
construction fleet, field, shop, and office.
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Final Words
New technologies and trends in construction industry are consistently fueling growth in all sectors.
Technologies help construction companies reduce long-standing inefficacies & boost productivity.
However, despite all these implications, there are still some challenges in executing digital norms in the
construction sector. Want to know more about construction technologies? Talk to our experts. We will
also help you incorporate comprehensive tech solutions to stay on top of the competition and take your
business to another height of success.
FAQ’s
1. What is the construction technology trend for 2023?
2023’s top construction technology innovation trends include
1. Cloud-based construction software
2. AR and VR applications in construction
3. AI & ML in construction
4. Repetitive Task Automation (Robotic)
5. Drone technology
6. Full-sized 3D printing
7. IoT & advanced analytics
15. 2. What are the four types of construction technology?
Four major types of technologies that will impact the future construction industries include:
1. Building Information Modeling Software (BIM)
2. Virtual Reality & Wearables
3. Artificial Intelligence
4. 3D Printing
3. What is 3D technology in construction?
3D technology in construction means when projects or companies sequentially layer materials through
computer-controlled methods to make three-dimensional shapes. It’s a comparatively new technology
that effectively replaces manual tasks with a machine to create & assemble structures in construction
with ease.
4. How can AI be used in construction?
Construction companies or firms use artificial intelligence for analyzing project data like predictive
analytics, construction site monitoring, etc in real-time. AI also boosts smart construction in the
following ways
1. Improving project design processes
2. Integrating automation in the project management
3. Collecting & analyzing information from the job site
4. Boosting productivity through AI-driven vehicles
5. What is the future of AI in construction?
By leveraging the power of artificial intelligence to manage job sites, construction firms can effectively
improve safety, optimize workflows, and reduce costs. AI-powered systems will also help to address
safety hazards, alert site engineers & workers in real time, and track environmental conditions in
construction.
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