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5 Things to consider when evaluating estimating software

A key element of any successful construction business is accurate estimating, allowing you to anticipate all of your costs and ensure profitability. The problem is that estimating is time consuming and often labour intensive, where errors can add up and have a.....

Technology, Construction - 4 min read

5 Positive Impacts of Construction Technology

David Cartwright

Marketing Executive

Aug 20, 2018 8:30:00 AM

No matter what the industry, businesses that are quick to adapt to new technologies are driving efficiency, accuracy and profitability, and gaining a competitive edge. The construction industry is no different.

Construction technology consists of a collection of software platforms and features that can streamline the design and building process. In an industry that is traditionally slower and more complicated to incorporate technological advancements, construction companies that are adapting to efficient technologies like estimating software are enjoying the following positive impacts.

 

1. More Efficient Daily Operations

In the past, construction companies faced the challenge of creating and sharing design information in real time. Designers and other professionals would have to manually draw up sketches, project outlines and illustrations. They would then have to send the sketches to relevant personnel and customers for review and approval.

With construction technology, project managers can use software to coordinate projects, share digital sketches, and receive feedback in real time. In this way, the daily operations of construction companies large and small are improving significantly. 

Construction technology also allows users to coordinate information across departments and with their clients. This results in a less costly and more streamlined daily operational model, with reduced change orders and miscommunication.

 

2. Smarter and More Durable Structures

Construction technologies produce smarter and more durable structures in two main ways;
 

  1. By designing better structures from scratch
  2. By retrofitting existing structures for increased durability

Construction software allows designers, engineers and builders to share ideas, sketches, and 3D models with each other; empowering all professionals to collaborate on creating smarter structures from the ground up. And because all models can be simulated and tested for accuracy before construction work begins, less time and resources are wasted on poorly built structures. 

Construction technology is also beneficial during retrofitting. Many older buildings are becoming more energy efficient with strategic retrofitting, through internal upgrades like improved lighting systems, fire safety and HVAC systems. The ability to retrofit older buildings instead of a complete rebuild also results in lower costs and less wastage of materials.

Tender tips, marketing tips, technology for builders.

 

3. Use of Better Tools

Implementing construction technology is all about taking advantage of the best tools on the market today, and using them to create better work. Whether it’s using 3D imaging to generate more interactive models, laser scanning to facilitate efficient renovations, or estimating systems that allow you to reduce costs, there’s no shortage of platforms to improve your business. 

Estimating software like Cubit allows you to streamline the end-to-end estimating and takeoff process, produce more accurate estimates and drive efficiency and profitability. Ultimately, Cubit is designed to empower construction professionals with a powerful estimating solution they can trust; freeing up their time to focus on growing their business.

 

4. Better Client Services

For many years, the construction industry has had the challenge of communicating information efficiently to clients. Owners would have to frequently visit the construction site to see how their project was proceeding and to ensure high standards of quality.

Cloud-based technology is allowing customers to remain updated on the progress of their project during every step of the way. For example, 3D sketches and models can be shared with clients in real-time for approval, and documents can be processed and shared almost instantaneously.

 

5. Innovation

Much of the innovation in the construction industry is being driven by technological advancements. And with new software features added to platforms on a frequent basis, construction professionals are constantly presented with new opportunities for growth. 

This culture of innovation is one of the most exciting parts of working in the sector today and will continue to yield positive outcomes in the future. 

To see how Cubit can revolutionise the way you do estimating and takeoff, get a free 14-day trial today.

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