Digitalisation in the Construction Site Security
The key to gaining a competitive advantage in today’s Construction industry is to harness the new disruptive technologies and start to digitalise your business. According to the World Economic Forum, by 2026, comprehensive digitalisation in the non-residential Construction industry will result in annual global cost savings of $0.7 trillion to $1.2 trillion (13% to 21%) in the Design & Engineering and Construction phases; and $0.3 trillion to $0.5 trillion (10% to 17%) in the Operations phase.
The most successful Construction businesses are leveraging the Internet of Things and RFID to track materials, workers and equipment during both the Construction and Operations phases of their projects. They are also harnessing the power of 3D printers, self-drive vehicles, mobile devices and software applications, all integrated with the new Building Information Modelling platforms. Asset Tracking with RFID technology has a fast and significant impact on reducing risk, and saving time and costs and is a great place to begin your digital transformation. Smarter Technologies Group’s Orion Data Network solutions comprise a system of Tags and Gateways and harnesses the power of the IoT, Radio Frequency Identification and GPS technologies for an unbeatable real time asset tracking, monitoring and recovery system.