In today’s technologically advanced world E&C or Engineering and Construction industry are trying to use engineering and construction technologies together to accomplish its projects at a faster speed. In today’s political environment, most of the construction projects are facing various problems due to their larger size than ever.
On the other hand, most of the owners expect from the contractors to speed up the return on their investment, along with completing the construction process.
It will not only allow the contractors to complete the projects on time but also provide a better quality of life to the occupants by taking care of those projects throughout their lifetime.
It can be possible in the following ways.
Use of Better Technology
Though technology has been used in the E & C industry for a long time with the introduction of the latest engineering and construction technologies, the things have changed to a great extent.
The introduction of platforms for collaboration and sensors has improved the levels of business, analytics, intelligence, and mobility.
The use of improved mobility has enabled the multinational companies in the E & C industry to resolve their problems at a faster speed by using computers or tablets at construction sites. New technologies can be used by a digital construction company on the location of the project in all stages, from its planning to execution by digitalizing the data of the activities.
Energy efficiency and smart cities
Many E&C companies like Orion Flares etc. are developing smart cities all over the world to meet the increasing demand for infrastructure in urban areas.
The towns in which physical infrastructure, including networks, utilities, and transportation is combined with social capital and knowledge to get an excellent maintainable quality of life, are known as Smart Cities.
According to experts, smart cities can be possible by combining actual involvement of citizens in making policies, a new type of governance, knowledge networks, and voluntary organizations instead of only improving the efficiency of the operations.
Another challenge for the E&C companies involved in building smart cities is energy efficiency. Energy efficiency is most essential for newly constructed as well as existing buildings as their average is nearly 70 years.
They can improve the energy efficiency of their projects by controlling the operations of most of the devices including heating and cooling systems, fans and lights, etc. by connecting them with sensors in every building.
More use of integrated Sensors
The companies in the E & C industry can use the unexplored benefits of engineering and construction technologies by using radio frequency identification or RFID technology to control mobility and sensors.
According to experts, they can use software and sensors in building urban properties to manage their transportation and utility services in a better way. For instance, one can track the route of disposing of the garbage by installing sensors in garbage cans.
Similarly, sensors allow the power companies to turn on their sources of power supply to avoid power breakdowns due to increase in power consumption at the start of specific TV programs as most of their viewers switch on their electric kettles to make tea, etc.
Similar is the condition with sanitation and energy at the time of any event of sports.
Change in the Business Environment
The combination of engineering and construction technologies has also changed the business environment of most to the E&C companies.
Most of the projects of civic infrastructure like power plants and airports etc. started in developing countries usually face problems due to political reasons or lack of expertise during their implementation due to their larger size than earlier.
Many infrastructural projects owned by governments are also managed by E&C companies these days as they can arrange finances to complete the project on time as well as recover their investments as soon as possible by operating it effectively based on their resources and technical expertise.
These companies need a network of partnerships or offices, global outlook, superior skills of risk management, technological platforms as well as standardized practices of operations to complete the projects effectively in today’s competitive world.
Thus, in this new age of engineering & construction, tech will work together in many ways to complete the projects faster and in the most efficient way.