Press Release: New Study Finds Mobile Technologies and Connectivity Poised to Transform Heavy Construction Projects
The study finds that contractors believe a range of current and emerging technologies, from mobile devices and applications for project management to big data analysis, will help provide better data from the field and improve project management. The first webinar on May 16th will provide more detailed insights into these trends that will impact cost management in the field, including findings around the adoption of such technology by employees.
The study also finds that data captured in the field such as information on the project and employee performance and safety must be both accurate and timely to be useful for effective decision making, yet latency and errors are reported as a major challenge in heavy construction. “This lag in the exchange of critical data between field and office, and the concerns about its accuracy, seriously interfere with heavy contractors’ efforts to improve performance,” says Steve Jones, Senior Director of Industry Insights Research with Dodge Data & Analytics, and a lead researcher on the study.
Reinforcing that point, a significant number of contractors surveyed believe that better and timelier data from the field would help them to complete their projects on budget and on schedule. The second webinar on June 13th will reveal more about how contractors are currently gathering data and approaches that can help improve this process.
Another finding of the study is that tracking and maintaining fleets in the heavy construction market can be a significant drain on both budget and human resources. Despite this high cost, the study shows that many contractors are still relying on spreadsheets and paper for these processes. However, those using specialized software, telematics and mobile applications designed for this purpose find that they manage their equipment more effectively, can better optimize resource utilization, and increase equipment uptime, among several other benefits.
The final webinar on July 11th will look more closely at the findings in the study that demonstrate these benefits and show what contractors think will be most important to improve fleet management over the next two years.