Construction Today - Volume 16, Issue 2 - 24

TECHNOLOGY

Chad
Hollingsworth
CEO of Triax
Technologies, co-founded the company to bring
effective, innovative
technology to challenging environments.
Through its flagship
Spot-r system, Triax provides real-time visibility
into workers, equipment
and safety on site, resulting in increased operational efficiency, faster
response to injuries and
overall improved project
management. He can
be reached on LinkedIn
or by email at chad@
triaxtec.com.

24

The Growth of IoT
New construction-focused, Internet-connected solutions are automatically
collecting previously unattainable - or
economically impractical - data from
workers, equipment, materials, tools and
the environment. In 2018, there will be
fewer paper documents, such as blueprints
or daily safety logs, as error-prone, manual
methods are eliminated in favor of streamlined digital processes.
Also, as more construction technologies
hit the market, and smart devices continue
to dominate daily life, consumer tech experiences will increasingly shape enterprise tech
solutions. In 2018, the consumerization of
construction technology will shift power to
end users, who will expect solutions that are
streamlined, intuitive and user-friendly.
While these types of technologies have
not been readily available in the complex
and physically challenging construction
environment until now, today the development of practical, scalable and actionable
solutions has become a priority. Instead of
using separate solutions for design, estimating, bidding and scheduling, for example,
contractors will demand a single source
of real-time information, and hardware
and software companies will join forces to
provide these capabilities.

CONSTRUCTION-TODAY.COM VOLUME 16, ISSUE 2

Emerging tech systems are playing a major role in shaping the
way leading industry stakeholders plan projects, manage daily
operations and leverage historical data for future jobs. Moving forward, a solution's ability to aggregate various data - at scale - will
be a key differentiator.

'Contractors are
turning to new
technology to optimize their current
workforce.'
Leveraging the Data
As the rate of technological advancement and adoption increases,
the digital divide between those who embrace jobsite technology
and those who do not will widen. For project teams, contractors,
owners/developers and insurers, a lack of real-time data will
become a larger competitive disadvantage. Clients want quality,
cost-efficient projects grounded in cutting-edge methods and technologies, and they will increasingly demand real-time progress
reports and data-driven updates.
While project participants currently spend roughly 80 percent of
their time collecting data and only 20 percent of their time leverag-


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Table of Contents for the Digital Edition of Construction Today - Volume 16, Issue 2

Contents
Construction Today - Volume 16, Issue 2 - Cover1
Construction Today - Volume 16, Issue 2 - Cover2
Construction Today - Volume 16, Issue 2 - 1
Construction Today - Volume 16, Issue 2 - Contents
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