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July 30, 2019updated 22 Jul 2022 11:39am

A tech roadmap for construction in the Middle East

The GCC is made up of the six Arabian peninsula nation-states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

By MEED   

Why is the Gulf Cooperation Council (GCC) construction sector lagging behind other industries when it comes to adopting the latest technology solutions?

Free Report
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Internet of Things set to transform the construction industry

The Internet of Things (IoT) is proving hugely beneficial to the construction industry, allowing different assets and people to be monitored and accounted for across a traditionally fragmented industry. As a result, companies that invest in IoT now promise to make long-term gains in the industry. According to GlobalData forecasts, spending on IoT in construction will reach $9.6bn by 2025. For an industry that has large sites to manage, strict project timelines, hazardous working conditions, and tight profit margins, IoT can create a manageable view of construction sites for project managers, streamline operations, and protect workers. In addition, it allows real-time data streams of assets, automates time-consuming tasks, and ensures employee safety and productivity. IoT integration with equipment manufacturing also has rich advantages for asset monitoring sensors. This, combined with artificial intelligence (AI) can help forecast materials and workers needed during the procurement stage and assist in forecast financing. Read GlobalData’s whitepaper to find out more, including information on:
  • IoT value chain
  • Market size and growth forecasts
  • Mergers and acquisitions
  • Leading IoT adopters in construction
  • Specialist IoT vendors in construction
Don’t get left behind – find out how IoT can fortify your operations and make investments now.
by GlobalData
Enter your details here to receive your free Report.

The industry is populated by problem-solvers – from architects to engineers, civil engineering contractors to the building managers, and project directors to bricklayers – trained to respond to technical challenges safely and efficiently.

Given this availability, it should be straightforward to introduce technologies to improve productivity and safety, but this has proven to be anything but simple.

So, how can the latest solutions be effectively deployed to improve both project delivery and construction processes? More importantly, who should drive this change?

A new report from US-technology company Oracle (and Middle East business intelligence service MEED), seeks to answer these questions.

Stemming growth

Many factors contribute to the construction industry’s apparent inability to adapt. But it can perhaps be boiled down to two central problems. The first is a lack of awareness of new technologies. A bigger problem, however, is a chronic failure to collaborate.

From Dubai’s Burj Khalifa to the Riyadh Metro, the industry’s greatest achievements have been made possible when all parties on a project have worked together successfully. Yet the construction industry is characterised by technical and operational silos that are perennially unable to communicate with each other.

Part of the problem stems from the adversarial nature of lowest-price-wins contracting. Contractors win contracts at cut-throat prices and then enter a cycle of variation claims and disputes with their clients.

Then there is the lack of collaborative processes, with project parties running their own systems and paper trails. Stakeholders in the value chain need to establish a more effective means of communicating with each other throughout the project lifecycle. This will change as more technology solutions are created specifically to deal with industry challenges. There is reportedly some transformation already taking place in the industry.

The Reinventing Construction report looks at effective ways to introduce innovation in the industry and discusses some of the technologies and tools that will deliver this transformation.

Featuring insights from industry experts including Oracle, Jacobs Engineering, Dubai World Trade Centre and Mott MacDonald, the report seeks to serve as a useful guide to enable improvements in construction processes and highlights the long-term benefits of innovation.

MEED

This article is sourced from Verdict DesignBuild sister publication www.meed.com, a leading source of high-value business intelligence and economic analysis about the Middle East and North Africa. To access more MEED content register for the 30-day Free Guest User Programme. 

Related Companies

Free Report
img

Internet of Things set to transform the construction industry

The Internet of Things (IoT) is proving hugely beneficial to the construction industry, allowing different assets and people to be monitored and accounted for across a traditionally fragmented industry. As a result, companies that invest in IoT now promise to make long-term gains in the industry. According to GlobalData forecasts, spending on IoT in construction will reach $9.6bn by 2025. For an industry that has large sites to manage, strict project timelines, hazardous working conditions, and tight profit margins, IoT can create a manageable view of construction sites for project managers, streamline operations, and protect workers. In addition, it allows real-time data streams of assets, automates time-consuming tasks, and ensures employee safety and productivity. IoT integration with equipment manufacturing also has rich advantages for asset monitoring sensors. This, combined with artificial intelligence (AI) can help forecast materials and workers needed during the procurement stage and assist in forecast financing. Read GlobalData’s whitepaper to find out more, including information on:
  • IoT value chain
  • Market size and growth forecasts
  • Mergers and acquisitions
  • Leading IoT adopters in construction
  • Specialist IoT vendors in construction
Don’t get left behind – find out how IoT can fortify your operations and make investments now.
by GlobalData
Enter your details here to receive your free Report.

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