DEADLINE EXTENDED! Apply now for early-stage funding through the Softeq Venture Studio. Application is now due by Saturday, June 3rd.
Large construction projects run 80% over budget and 20% longer than estimated. Who are the guilty parties here? You may point to the lack of resources and unqualified staff on site. But these aren’t the only culprits. When equipment—a tower crane or a grader—breaks down, becomes misplaced, or even gets stolen, it negatively affects the project time, the budget, and the man-hours involved. Deploying IoT in construction helps prevent this.
IoT is a game-changer for construction: it not only cures its most common pain points but also disrupts the industry. The technology can enhance on-site safety, increase staff productivity, reduce delays, and even support environmental sustainability. Take a look at the most promising areas for deployment.
The construction industry adopts new technologies as easily as carrying a bag of rocks. There are many reasons, including the use of traditional building practices, old dump machines that need retrofitting, and the underinvestment in digitalization. You know there are many more instances to add to this list.
In the meantime, going digital to manage and maintain construction industry solutions adds robust perks in terms of safety, process optimization, and business decisions. Here are some common scenarios when deploying IoT for construction equipment becomes both a tactical and strategic solution.
Traditional methods of promoting workers’ safety proved their inefficiency. In 2019, one out of five worker deaths happened in construction (across industries, a total of five thousand workers died in the US). This share was the same in 2018. Emerging tech has the capability to change this.
One proven solution is wider adoption of smart wearables. Traditional safety helmets, clothes, and footwear protect workers from fatal and non-fatal outcomes that have already occurred. Helmets or exoskeletons with embedded sensors and attached tags, in turn, prevent accidents and provide proactive safety monitoring. How? They collect biometric and geolocation data and warn about related health hazards.
Another cure is digitalization of heavy trucks. Imagine two machines. One version is a traditional aging forklift doing its job on a construction site. Human error plays a significant role here because this is a worker who has to keep track of what's going on around them. The responsibility to prevent the accident is on people. The other machine is a smart truck equipped with a 360-degree antenna that is able to detect workers in the forklift zone and alert or even stop the truck to avoid accidents. No wrongful deaths here.
As a construction company, you can leverage IoT to prevent delays through monitoring and controlling staff productivity and truck efficiency. A study from Caterpillar shows that the use of IoT in earthmoving activity allows for consuming 40% less fuel, working 36% less, and completing each project stage 40% faster. Isn’t this what you need?
Look how it all works with equipment, for example. Sensors attached to equipment and their parts monitor usage and maintenance data. Operators through dedicated apps get automated alerts on machinery status and see when repairs are required. Some tools can even schedule service appointments. With IoT on site, it’s convenient to monitor specific conditions of heavy machines like humidity, temperature, and pressure and make immediate improvements or schedule appointments when something goes wrong. So, IoT solutions make it possible to effectively maintain, repair, and support heavy machines and dedicated software.
Unplanned downtime may cost a fortune, so you definitely want to avoid it. How can IoT help? It can collect data from sensor-rich trucks and send it to the cloud. There, AI interprets data, doing it faster and more accurately than humans. For example, it’s possible to feed algorithms with datasets collected from the equipment and train machine learning models to predict asset failure or downtime. So, IoT development helps construction companies predict and prevent issues and thus make data-driven decisions on project planning, using resources, and improving performance.
IoT-rich predicting helps save drastic amounts of both time and money. Findings from another industry—manufacturing—prove this. According to Deloitte, IoT-based predictive maintenance services can reduce the time required for maintaining equipment sometimes by half. This way, it adds an hour or two of uptime to each working shift and saves you up to 10% on maintenance expenses.
This allows construction companies to control their fleet of heavy machines at multiple sites. With IoT, you connect thousands of equipment pieces. And thanks to GPS technology, your on-site and remote workers can track location and performance of each asset in real time. Geofencing can help figure out how often and how long workers use any of the machines. It’s convenient to analyze wear and tear and plan repairs or calculate the cost for renting. Additionally, a virtual map can present a vivid view of all construction assets. Planning reallocation of heavy equipment has never been so easy!
Protecting costly machines is another convincing reason to deploy IoT in the construction industry. Loaders, backhoes, tractors, bulldozers, and forklifts are the most appealing construction equipment for criminals in the US because of their high resale value. According to the National Insurance Crime Bureau (NICB), the annual cost of equipment theft ranges from $300 million to $1 billion. With IoT on board, it’s possible to track the location of assets, get instant alerts if any is taken off-site, and even automatically shut down costly trucks when they leave the designated area.
With IoT advances tracking and managing of assets on site, construction companies:
IoT in construction makes dump machines smart enough to operate remotely. While forklifts, pallet trucks, or pump trucks load, unload, and transport goods, sensors and cameras can help humans track progress by controlling and adjusting machines in real time. What about risky areas? IoT-rich remote management makes it possible for trucks to work in polluted or dangerous conditions without a man on site.
Look at just some potential benefits of remote operations with IoT:
Hard hats, steel-toed boots, and safety glasses protected workers for decades. Today, IoT wearables are bringing protection to the next level. What you can have now are smart caps, smart vests, and smart eyewear. It’s possible to go even further with security on site and connect workers’ wearables with construction equipment. Sensors ensure heavy trucks detect users nearby, while workers get instant alerts on approaching machines.
Smart safety management solutions help construction companies in:
Deploying IoT for costly heavy tracks will let you see abnormalities before they cause failures. Sensors attached to heavy equipment can collect data about various parameters like temperature, humidity, and vibrations. Dedicated applications can help alert about possible troubles. Data from smart trucks available within reach also help technicians control wear and tear of machinery. It’s convenient not to run out of schedule for repairs and have some fixes on hand.
Here are the major possibilities that construction companies get when they switch to IoT:
IoT turns dump heavy machines into smart devices. The technology makes possible smart asset tracking, performance monitoring, and efficient use of the machinery and allows heavy vehicles to store and share the data. The benefits of IoT in the construction industry include the following:
At the same time, stepping on the IoT side requires you to find a trusted сonsultant to go through a strategic business change and a robust tech effort to implement multiple technologies. You may face complex technical challenges on the road. For instance, deciding how to deal with limited wireless communication on site and ensure seamless connectivity. But Softeq is here to help you make the process of IoT adoption smooth, effective, and affordable. So are you in?