Construction Tech Starts with Planning Tech. Here’s Why
Updated: Sep 22, 2020
Innovation always begins with ideation - plan your construction ideas to maximize your innovative results, with planning tech
Technology is revolutionizing the construction industry. Power tools. Hydraulic excavators. 3D printed buildings. Telematics. And now, connected equipment, hardware, and software designed to monitor and control every aspect of the construction process.
Although the construction industry remains the second-least digitized industry worldwide, the past century has seen advances in technology propel the construction industry forward, ensuring that processes and practices are safer and more efficient than ever before. New construction technologies are being developed with lightning speed. As of just last year, a total of $4.1 billion US has been invested in ConTech across the globe, from seed funding to early and late-stage rounds. And slowly but surely, construction technology, or ConTech, is disrupting the existing industry and providing it with much-needed productivity, collaboration, simplicity, and affordability - even from offsite locations. It’s no wonder these innovations are being launched and leveraged on more job sites, in more countries and regions.
That being said, the collection of innovative tools, machinery, modifications, software, etc. that define the ConTech space ultimately starts from and depends on planning tech. At least, it should.
Construction tech is developed to resolve mistakes on the job
Construction tech is designed to promote increased visibility, standardization, and faster completion times, all prevalent job site challenges. The goal, of course, is to prevent or at least resolve mistakes commonly made on the job that can result in construction projects exceeding deadlines and budgets, or becoming hazardous to peoples’ safety. By using ConTech to study, learn from, and optimize the construction processes and tools employed, major industry players, from developers to contractors can correct existing inefficiencies, urgencies, and hazards, and prevent future mistakes from being made.
But what if those mistakes could have been prevented before ground was even broken, materials were ordered, or workers were contracted?
Shifting from the construction site to the planning side
Beyond what it can do on the construction site, technology can improve and empower construction execution by enabling more innovative, streamlined planning. Architects, designers, and engineers can use planning technology to simulate and visualize building projects based on the most robust data set possible, streamline work schedules, optimize material orders, prevent conflict, changes & rework, and resolve other practical challenges - before they ever occur! In fact, generative design, enabled by artificial intelligence-driven planning technology, is an ideal means for coming up with a myriad of design options and constructive solutions for potential on-the-job scenarios. Generative design can additionally be an effective means for construction project teams to learn what not to do, for structural, budgetary, time, or other constraints.
By simply feeding the computer relevant information and allowing it to evaluate all data points based on the subjective factors pertaining to each construction project being planned.
Studies show that even once the construction project is complete, operating and maintenance (O&M) costs can amount to as much as 40 to 80 percent of the structure’s overall lifetime costs (including the cost of building the structure in the first place!) and that these projected future costs are largely determined by decisions made before construction even begins. As such, it is clear that using planning tech to minimize present and future spending and maximize value early on and prior to construction is highly advantageous and should most certainly be adopted by future-forward construction industry players.
Start planning smarter, by leveraging innovative
According to Henry D’Esposito, a construction researcher, “If new technology can ease collaboration across firms, reduce errors and miscommunication, or get more productivity from a limited pool of skilled workers, it has a good chance of finding demand, even in an increasingly crowded market.” SWAPP is precisely that technology.
SWAPP is an AI-driven software platform that improves the entire planning process of every construction project’s exterior and interior by transforming the entire property assessment and planning process into a transparent, fact-driven, and financially-optimized procedure. Our optimization algorithms enable real estate developers to choose the best planning option that maximizes efficiency, minimizes construction costs, and obliterates risks and mistakes. By harnessing the power of our automated AI data analysis system, SWAPP customers reduce property assessment cycles by 85%, save 40% on the various planning stages’ time, such as schematic designs, DD, and construction documents, and optimize the iteration process.
Construction tech starts with planning tech - and planning tech starts and ends with Swapp.
Are you ready to discover how you can create planning value from Day One, with SWAPP planning tech? Click here to learn more.