Despite Brexit fears, the UK’s construction and manufacturing industry ended 2016 on a surprising high.
Proving all initial economic predictions wrong, manufacturing output saw a jump of 2.1 per cent in December, whilst construction increased by another 1.8 per cent.
It’s good news – but since the finer details of the Brexit deal are yet to be hammered out, surviving what’s set to be a tumultuous 2017 still won’t be easy.
And figuring out how to sustain the growth witnessed across the country will be the trickiest part.
A strategy for sustaining growth
To keep the momentum going, your best bet is to capitalise on the industry’s unexpected success late last year and put everything you’ve got into business development.
No matter how big or small your construction company is, investing in the industry’s growing technology trends and building a strategy for innovation is key going forwards.
To help you do that, we’re running through three of the most exciting and useful emerging techs set to revolutionise construction over the coming years.
#1: managing inspections
With Trump’s controversial presidency well underway and Brexit still shrouded in confusion, accurately predicting the future political and economic climate is impossible. What we do know is that government inspections and fines aren’t going anywhere.
Legal issues are a major cause of failure in startups, so letting your safety standards slip even for one minute could bring your business to an end.
It’s why companies like Motion Software, the expert providers of loler inspection software, have become so vital. Designed to help you create comprehensive records and reports of all inspections, the software will keep you in line with regulations.
#2: sustainable builds
The construction industry is not exactly renowned for being environmentally friendly, but it’s finally catching up with the consumer and governmental demand for sustainability – and it’s all thanks to the rise of Building Information Modelling (BIM).
The revolutionary tech uses a collection of data to create a 3D model of a proposed project. It’s already helping to reduce wasteful mistakes and makes it easier to visualise, plan and then implement energy efficient measures.
If you’re looking to win bigger projects and clients, this tech is definitely worth the investment.
#3: virtual and augmented reality
Virtual reality (VR) tech definitely sounds like something out of a sci-fi film, but believe it or not, it’s already starting to take hold in the construction industry.
Currently, its most useful application is in regards to safety, with global construction firm Bechtel using the latest VR programmes to set up immersive training for staff. Workers can practice dealing with hazardous environments risk-free, through realistic simulations.
Implementing VR tech is expensive and probably not a feasible option for most businesses, but deserves a place on this list for its potential. If nothing else, it’s an exciting area to keep an eye on.
Embracing innovative new technologies, such as these, is key to building on the growth and momentum experienced in 2016. By looking at how they can improve your business, you’ll be in a much better place to handle whatever this year throws at you.