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9 Tech and AI Insights for Construction Companies in 2024

We have compiled a list of nine prominent technologies that are primed to enter the construction industry in 2024 and beyond.

The construction industry, like many other industries, is undergoing a transformative phase. With the rapid integration of technology and artificial intelligence, it is vital for construction companies to continually find ways to innovate and thrive in a competitive market. Embracing the latest technological advancements can enhance the efficiency, productivity, and overall success of a business. Technology is constantly evolving, which is why it is important for construction companies to stay up to date on the latest trends and technological advancements. To make sure you are not left behind in 2024, we have compiled a list of the nine tech and AI related insights that construction companies should be aware of this year. 

1. Building Information Modeling

Building Information Modeling (BIM) is transforming the traditional approach to project management and design. BIM is a digital representation of a project's features, including physical and functional components that serves as a trustworthy foundation for decisions throughout a project's life cycle. With the aid of this software, users can access a comprehensive 3D model of a building in a virtual setting, complete with all its structures and parts. This technology allows users to grasp the full scope of the physical and functional elements of a structure, detect and correct any errors in the design stage, and construct practical project schedules in accordance with the data. While BIM is still a new trend in construction management, it has already been used successfully on many construction projects.

2. Internet of Things

The Internet of Things (IoT) is a network of interrelated devices that connect and exchange data with each other and the cloud. These devices are embedded with sensors, software, and other technologies. IoT is quickly becoming an important part of the industry for monitoring and optimizing construction processes. The sensors are utilized to track equipment usage to ensure maximum efficiency and productivity, in addition to monitoring worker safety. IoT devices also assist in managing inventory, enabling real-time tracking, and efficient resource allocation. This collection of data will provide valuable information that construction companies can use to improve the efficiency of their processes and overall project management.

3. Digital Twins

A digital twin is a virtual version of an object or system that spans its lifecycle; it is updated with real-time data, and aids decision making through simulation, machine learning, and reasoning. The primary advantage of digital twins in construction is that they aid in the analytical capabilities of Building Information Modeling. Digital twins elevate BIM models to a new degree of sophistication, allowing stakeholders to visualize the status, working conditions, and location of physical assets in real time. However, while BIM focuses on the design and construction of a structure, a digital twin extends into the operational and post-construction phases. 

Digital twins are formed by merging information using a variety of technologies, such as 3D laser scanners, sensors, cameras, and other IoT devices. When assisted by IoT and AI, a digital twin can learn from numerous sources and automatically update to reflect changes made to the physical version. Since a digital twin delivers information on the project's properties and status, the information provided can include physical orientation as well as insight into other statuses, such as stress loads due to traffic or wind, or leaking pipes. The goal of digital twins is to bridge the gap between form and function. 

4. Artificial Intelligence

Artificial intelligence (AI) is no longer a completely unknown commodity, and it is poised to become a critical tool in our industry. Its adoption in construction is expected to result in remarkable improvements to efficiency and precision. This should force construction experts to rethink how they approach jobs and make decisions. AI systems can analyze data to forecast project results, detect potential risks, and recommend the best solutions. This predictive ability allows for more efficient resource allocation, better risk management, and faster project completion. 

One goal of its implementation into construction is the affordance of AI to automate tedious tasks so that more focus can be placed on the creative and problematic aspects of projects. AI can also improve workplace safety by spotting potential hazards. Furthermore, when integrated with other technologies, such as digital twins, AI may boost data-driven decision-making, making construction projects more efficient, cost-effective, and error-free. Throughout 2024, it will be exciting to see how construction professionals experiment with AI as they discover news ways for it to be integrated into construction procedures in the future. 

5. Augmented and Virtual Reality

The potential for how augmented (AR) and virtual reality (VR) can be used in construction is already being considered. In 2024 and beyond, AR and VR are set to become more conventional construction tools. Augmented reality can be used to overlay detailed digital information on real-world environments, allowing users to visualize and interact with digital models, designs, and data while on-site. This ability helps users grasp complex tasks and make better decisions.

By using virtual reality, stakeholders may explore and experience authentic virtual spaces, giving them a chance to assess projects before construction starts. Through a virtual walkthrough of the project, stakeholders can discover possible problems, develop a better understanding of the design, and offer insightful feedback. These technologies can transform decision-making, coordination, and communication, resulting in more effective and successful project outcomes. 

6. Robotics and Automation

Construction is one of the most physically demanding industries. It includes many repetitive tasks that can take up a chunk of a laborer's time. To help speed up tasks, the construction industry is starting to involve robotics and automation. Tasks that were once completed exclusively by humans, such as site cleaning, welding, and heavy lifting, can now sometimes be handled by robots. Construction robots eliminate human-induced errors and fatigue, increase efficiency, and allow tradespeople to concentrate on the more complex areas of construction. Robots not only boost production, but they can improve worker safety by reducing their exposure to strenuous labor. Robots may also help alleviate labor shortages in the industry. While robots cannot replace the need for human processes, they can certainly aid in enhancing efficiency and safety. 

7. Drones

While drones are not new technology or a tool uncommon to the construction industry, it should be noted that they have capabilities beyond just taking aerial photos. Drones, with their cameras and LiDAR technology, can be used to survey sites, capturing high-resolution photos of the site, and using them to create 3D models. Drones can save a ton of time, conducting site surveys within minutes; that is compared to a process which traditionally takes weeks or months. This helps with progress monitoring and quality control methods as well, ensuring that projects stay on track. Moreover, drones play a role in improving safety by eliminating the need for workers to conduct tasks at great heights or in hazardous environments. Worker safety is the main focus of the construction industry, and utilizing drones can help limit the need to put them in risky situations. 

8. 3D Printing

3D printing, also known as additive manufacturing, is another form of technology that is drastically changing the construction industry. Rather than using traditional methods to build structures, builders can 'print' three-dimensional items from a computer file. 3D printing can be used to print either parts and components or even entire buildings. This robotic process produces the design layer by layer using advanced construction materials in conjunction with BIM and it offers a significant degree of design versatility without the use of formwork. Some of the methods used for 3D printing include extrusion, powder bonding, spray, and sand layers. These processes have the ability to generate less waste and require less labor resources. Since it includes a fully automated and programmed process, it eliminates human mistakes while increasing production. 

9. Advanced Building Materials

The construction industry is known for using age-old methods to complete work, but the introduction of advanced building materials is changing much of what we know. Older materials like concrete and aggregates are being replaced by a plethora of new and sustainable alternatives. These materials are designed to reduce environmental impact while increasing construction efficiency and endurance. Living materials are becoming increasingly popular; one example is self-healing concrete that utilizes bacteria. When moisture enters through a crack, the bacteria are triggered, and they create calcium carbonate to fill and seal the opening. Another category of innovative materials includes aerogel, graphene, spider silk, nanomaterials and more. These materials are lighter and can hold more water. Bamboo, transparent wood, and aluminum foam are being used in advanced wooden and aluminum products due to their strength and biodegradability. While several of these materials are still being developed and evaluated, there are indicators that they may be available to the industry sooner rather than later. 

Conclusion

This year, the construction industry will have a great opportunity to leverage the ability of technology and AI. The insights provided serve as examples that construction companies might consider implementing and optimizing. By adopting these strategies, companies not only allow themselves to stay competitive, but also lead the way in shaping the industry's future. Embracing innovation is not simply about following the advancements of competitors, but expediting processes and building a foundation for sustainable success in the future.