IT Brief Australia logo
Technology news for Australia's largest enterprises
Story image

Data: A new frontier in the construction industry

By Julia Gabel
Mon 4 Dec 2017
FYI, this story is more than a year old

Despite the investment pouring in, the construction industry is becoming one of the most competitive in Australia.

This is piling on the pressure for projects to be delivered on time, to a high quality, and within budget. Client satisfaction has never been more important.

And yet, all too often construction projects are running over schedule, blowing budgets and reporting accidents on the job site.

After playing several years of catch up, technology is starting to meet the needs of construction. In particular, data is now being leveraged by construction companies across Australia and New Zealand to deliver projects quicker and more efficiently.

This is a significant shift from even 15 years ago when teams would gather near the end of the month and analyse how they were tracking based on a number of spreadsheets and paper forms.

Where are we now?

It’s time for a major uplift in data-run construction projects. This is shown in a major new research study by KPMG International which claims that it is now time to reassess the approach to effective performance of major construction projects.

According to Make it, or break it – Global Construction Survey 2017, of the 200-plus senior construction executives taking part in the survey, only 25% say they have confidence in the industry’s ability to deliver projects on time and on budget.

The report also found that the industry is excited about the potential of technology, but also cautious about where to invest to get the optimum impact.

In addition to this, an overwhelming 93% of respondents think that technology and innovation will significantly change their business, but less than one in 10 are routinely using mobile platforms, advanced data analytics and robotics and digital labour.

This data is supported by recent research from StartupAUS which highlighted that slim margins in the industry present a barrier to change - preventing new con-tech offerings from being adopted at the rate the industry needs.

However, with construction being the biggest full-time employer for workers between the ages of 15 and 24, it is clear that there is a place of digital innovations and data to be leveraged in the industry.

With 94% of Australians between 18 and 24 owning a smartphone, it’s a fair assumption that screen-based con-tech has a place in the industry.

The importance of real-time data

Communicating real-time information to project players is becoming increasingly essential to the success of projects – with investment in con-tech, project managers will be able to plan the work pipeline with far greater efficiency.

The access to real-time data is bringing real agility to the sector.

The influx of mobile devices into the job site has the potential to ensure everyone on the worksite is up to date with developments, risks, and updates at all times, with data shared in real time.

This has, in turn, empowered project managers to jump in as soon as an issue or problem becomes apparent and handle it swiftly.

Where previously a single delay could backlog an entire project, real-time updates allow users to carefully manage the entire construction process, giving project managers and developers the opportunity to jump in as soon as an issue is identified, and solve it as quickly as possible.

Integrate and put data first

While the need for construction tech is increasing day by day, it is just as important that technology grows and adapts.

In this way, integrations will allow con-tech to constantly evolve and meet the needs of project managers. Construction management software has shifted from simply being a glorified document management system to becoming the backbone of construction projects – large and small.

Procore’s recent integration with Acuite, a leading construction intelligence software is one such example of this.

While the con-tech assists with the day-to-day running of a project, the integration with Acuite means that customers are able to have a real-time health check at not just the individual level, but also across a whole portfolio of products within a specific region, and between regions as well.

Development in the construction technology industry is then dependent on tech companies coming together to ensure that data is always placed front of mind.

Digitisation of the construction industry isn’t a question of if or when – the much needed changes are happening now.

A data-driven approach to construction will ensure projects are completed more efficiently, to a higher quality and with improved safety standards.

And construction companies sitting on the sidelines need to take steps now to join the digital future – or risk being left behind.

Article by Milton Walters, VP of Marketing APAC, Procore Technologies

Related stories
Top stories
Story image
Infoblox's State of Security Report spotlights Australian remote work hazards
Attackers exploit weak WiFi, remote endpoints, and the cloud, costing 50% of organisations over $1.3 million in breach damages.
Story image
Cradlepoint expands its Cellular Intelligence capabilities
Cradlepoint has announced additional Cellular Intelligence capabilities with its NetCloud service.
Story image
Customer experience
Research unveils precarious customer loyalty for retailers
New research has found customers are reassessing established brand loyalties as their priorities and behaviours shift.
Story image
Digital Transformation
Trading up: It's time to swap core systems for flexible digital applications
This year will see more oranisations planning and commencing high tech renovations that will shake up the way they operate.
Story image
New digital traffic light system to tackle construction defects
Smarter Defects Management launches its PaaS digital system and says it will revolutionise managing defects in the construction industry.
Story image
Fortinet's Security Fabric hits new record for integrations
The Fortinet Security Fabric has surpassed 500 technology integrations with more than 300 Fabric-Ready Technology Alliance Partners.
Story image
BeyondTrust integrates Password Safe solution with SailPoint
BeyondTrust has announced the integration of BeyondTrust Password Safe with SailPoint identity security offerings.
Story image
Google and CSIRO use AI to help protect the Great Barrier Reef
Google has partnered with CSIRO in Australia to implement AI solutions that help protect the Great Barrier Reef.
Story image
Artificial Intelligence
Clear Dynamics closes $35M funding round, invests in global growth
The funding is a major milestone and speaks to Clear Dynamics’ vision for AI-enabled ‘composable’ enterprise software, the company states.
Story image
Remote Working
IT teams deploy powerful technologies to enable remote work
"We found that IT teams mastered the challenges of remote work last year in large part by employing powerful yet easy-to-use technologies."
Story image
Zendesk announces new conversational CRM solutions
“The last few years have made it obvious that digital is the front door, convenience is paramount and relationships are anchored in conversations."
Story image
Workato unveils enhancements to enterprise automation platform
"The extra layer of protection with EKM, zero-logging, and hourly key rotation gives customers a lot more visibility and control over more sensitive data."
Story image
Digital Transformation
How to modernise legacy apps without compromising security
At a time when digital transformation has become central to business, even the most important applications come with a ‘use-by’ date.
Story image
Ivanti and Lookout bring zero trust security to hybrid work
Ivanti and Lookout have joined forces to help organisations accelerate cloud adoption and mature their zero trust security posture in the everywhere workplace.
Story image
Digital Transformation
The impact of COVID-19 on healthcare environments and care delivery
The COVID-19 pandemic has revolutionised the healthcare industry while overcoming staff shortages, social distancing requirements, and lockdowns.
Story image
Data and analytics could be key to higher selling prices in APAC
Sisense's latest report has found that almost half of data professionals in APAC think customised data and analytics can create better selling prices for their products.
Story image
Artificial Intelligence
SAS unveils AI experience to improve kids' batting abilities
SAS has created The Batting Lab, an interactive experience using AI, computer vision and IoT analytics to help kids improve their baseball and softball swings.
Story image
Revenue operations is taking centre stage
As the business world continues to evolve, new demands need to be met to keep up with the ever-changing landscape. 
Story image
Public Cloud
Cloud adoption still a work in progress, NetApp finds
NetApp has announced the results of the annual Cloud Infrastructure Report based on a survey of public cloud business and IT decision makers.
Threat actors are exploiting weaknesses in interconnected IT/OT ecosystems. Darktrace illuminates your entire business and takes targeted action to stop emerging attacks.
Link image
Story image
Artificial Intelligence
How to ensure ethical deployment of AI implentations
The increase in automation and machine technology such as AI and machine learning has unlocked a whole new level of scale and service to organisations. 
Story image
The 'A-B-C' of effective application security
Software applications have been a key tool for businesses for decades, but the way they are designed and operated has changed during the past few years.
Story image
Remote Working
How zero trust and SD-WANs can support productive remote working
The way people connect with applications and data has changed, users are remotely accessing resources that could be stored anywhere from a corporate data center to the cloud.
Story image
Grasping the opportunity to rethink the metrics of a sustainable data centre
A data centre traditionally has two distinct operations teams: the Facility Operations team, and the IT Operations team. Collaboration between them is the key to defining, measuring, and delivering long-term efficiency and sustainability improvements.
Story image
Apple previews new features for users with disabilities
Apple says new software features that offer users with disabilities new tools for navigation, health and communication, are set to come out later this year.
Story image
A10 Networks finds over 15 million DDoS weapons in 2021
A10 Networks notes that in the 2H 2021 reporting period, its security research team tracked more than 15.4 million Distributed Denial-of-Service (DDoS) weapons.
Find out how a behavioural analytics-driven approach can transform security operations with the new Exabeam commissioned Forrester study.
Link image
Story image
New SAS service overcomes subscription fatigue for media companies
SAS has launched SAS 360 Match which helps media companies move towards a AVOD model to generate revenue as subscribers cancel.
Story image
Artificial Intelligence
AI-based email security platform Abnormal Security valued at $4B
"A new breed of cybersecurity solutions that leverage AI is required to change the game and stop the rising threat of sophisticated and targeted email attacks."
Story image
Hawaiki Cable
BW Digital completes acquisition of Hawaiki Submarine Cable
BW Digital has completed its full acquisition of Hawaiki Submarine Cable, with all applicable regulatory filings and approvals now received.
Story image
Managed service providers: effective scoping to avoid costly vendor pitfalls
Managed security services are outsourced services focusing on the security and resilience of business networks.
Story image
Telstra and Silver Trak Digital delivers 5G to the cinemas
Telstra and Silver Trak Digital say they've launched Australia's fastest and most secure delivery of content over 5G for cinemas.
Story image
Application Security
What are the DDoS attack trend predictions for 2022?
Mitigation and recovery are vital to ensuring brand reputation remains solid in the face of a Distributed Denial of Service (DDoS) attack and that business growth and innovation can continue.
Story image
Cybersecurity starts with education
In 2021, 80% of Australian organisations responding to the Sophos State of Ransomware study reported being hit by ransomware. 
Story image
Data Center
Preventing downtime costs and damage with Distributed Infrastructure Management
Distributed Infrastructure Management (DIM) can often be a lifeline for many enterprises that work with highly critical ICT infrastructure and power sources.
Story image
Adyen expands partnership with Afterpay as BNPL payments increase
Adyen has expanded its partnership with AfterPay allowing more of Adyen’s merchants in more countries worldwide to use the BNPL provider.
Story image
HINDSITE wins Aerospace Xelerated Pitch Challenge with solution to support Boeing
Brisbane-based startup HINDSITE was the winner of the first ever Pitch Challenge organised by Aerospace Xelerated in partnership with Queensland XR Hub. 
Story image
Hard numbers: Why ambiguity in cybersecurity no longer adds up
As cybersecurity costs and risks continue to escalate, CEOs continue to struggle with what their investment in cyber protection buys. Getting rid of ambiguity becomes necessary.
Story image
Voxel hits total funding of $18M following ongoing wins
Since raising its seed round in September, Voxel has grown at pace, by decreasing on-site injuries by upwards of 80% and increasing operational productivity.
For every 10PB of storage run on HyperDrive vs. comparable alternatives, an estimated 6,656 tonnes of CO₂ are saved by reduced energy consumption alone over its lifespan. That’s the equivalent of taking nearly 1,500 cars off the road for a year.
Link image
Story image
Sift shares crucial advice for preventing serious ATO breaches
Are you or your business struggling with Account Takeover Fraud (ATO)? One of the latest ebooks from Sift can provide readers with the tools and expertise to help launch them into the new era of account security.
Story image
Atturra partners with Focus HQ to support Aus organisations
Atturra has executed a partnership agreement with Focus HQ, to resell and support the company's Australian developed SaaS-based portfolio management platform.
Story image
Power at the edge: the role of data centers in sustainability
The Singaporean moratorium on new data center projects was recently lifted, with one of the conditions being an increased focus on power efficiency and sustainability.
Story image
Could your Excel practices be harming your business?
While Excel has been the de-facto standard for budgeting, planning, and forecasting, is it alone, enough to support organisations in the global marketplace that’s facing rapid changes due to digital transformation?