Digital Transformation In Construction 4.0

Abstract

Digital transformation can help address pain points and inefficiencies in the construction and manufacturing industries. In the construction industry, fragmentation is a significant challenge, and companies should focus on fixing pain points rather than just installing IT solutions. In the manufacturing industry, digital transformation can help streamline traditionally time-consuming processes, such as design and testing, and reduce system downtime. Companies should identify specific problems that digital transformation can solve, such as predicting cost, quality, and availability of necessary supplies. Other key considerations for implementing digital transformation in these industries include defining objectives and goals, identifying appropriate technology solutions, building an innovative culture, collaborating with partners and stakeholders, implementing technology solutions, reskilling and restructuring engineering teams, adjusting project baselines to capture value, and connecting projects to unlock impact across the enterprise. Construction companies are increasingly being challenged to transfer and use new technology. However, investigation has been undertaken on technology transfer from the perspective of the small construction company from project to smart construction. The results stress that the technology which small construction companies tend to transfer more successfully is that which can contribute to the  modern trend business in an existing organizational capabilities. The policy is that any technology transfer initiatives need to appreciate and actively manage the different motivations and challenges of small construction companies to transform and adopt new technology.