At Caterpillar’s Construction and Technology Days, a panel of contractors discussed the importance of embracing emerging technologies in the construction industry in order to stay competitive. The panel emphasized the need for owners and managers to actively implement new technology for their crews and fleets, using data and work-tracking software as an ally rather than a monitoring tool.
The panel highlighted the benefits of technology such as machine and worksite monitoring software, in-cab and on-site cameras, and remote operations platforms. They noted that operators initially resistant to these tools eventually embraced them once they understood their safety and productivity benefits.
Remote operations, in particular, were seen as a game-changer for some companies, allowing them to remove personnel from harm’s way and attract new types of workers to the industry. The panelists also discussed how embracing modern construction technologies has led to increased retention of employees and has allowed them to tap into new labor demographics.
While the initial cost of implementing new technologies can be high, the panelists agreed that the return on investment is often realized quickly, making it a worthwhile expense for companies looking to remain competitive in the industry. In conclusion, the panel emphasized that while technology can be intimidating and costly, it is ultimately worth the investment for companies looking to stay ahead of the curve in the ever-evolving construction industry.
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Photo credit www.constructionbriefing.com
