Today to nail down a successful construction project that is delivered on time complete with specifications one has to rely on technology. According to research, construction has been slow in technology uptake and it is unbelievably low when it comes to productivity. As digitization takes place, cloud adoption becomes necessary and even its rate of adoption within construction firms is also soaring because of the benefits it provides to owners.
Construction professionals have realized the advantages of tech and are keen on implementing cloud solutions. Cloud technology is established as an enabler for innovation delivery of most other technologies. It is important to navigate complex workflows and to prepare for the future. Hence, to stay on top of the competition and to boost productivity and profit, here are the 7 reasons why you must adopt software in the cloud for your construction business.
- Enhanced Communication & Flexibility
There is an increasing need to collaborate on-site and off-site and adopting the cloud gives you the flexibility to access data whenever you want. To ensure this, contractors need to automate tasks as they can’t afford to rely on manual processes. Improving day-to-day worksite productivity can easily be achieved by implementing cloud solutions. SaaS platforms give you the flexibility to connect from anywhere in the world. Thus cloud computing is enhancing communication and the need to collaborate in real-time.
1.Cloud-based software to simplify complex workflows
Construction cloud solutions for accounting such as purpose-built construction accounting software, project management, and email alerts keep builders informed at every step. Construction-specific software solutions are also being used for tracking employee time, accessing and sharing documents, and to distribute daily field reports. This helps construction managers to navigate complex workflows every day.
3. Powerful data processing
To get powerful insights available in construction, processing data in the cloud is the way to go. Getting key insights on projects ensures that the project team is up-to-date with the critical changes. With the help of data, one can avoid project overruns and costly mistakes and even direction gets to the right person at the right time. By using advanced analytics, you can compare plans on any of your devices without any location constraints. So rely on the powerful capabilities of software built in the cloud to cater to your data processing needs.
3. Attracts Top Talent and Diverse workforce
Cloud-based collaboration also positions construction firms to access remote talent outside of the worksite to broaden a shrinking talent pool within construction. This allows diverse professionals with different skillsets to apply for construction jobs. It addresses the labor shortage problem and leads to innovation when there is a diverse talent pool.
5) More accurate project planning
Having access to cloud-based technology such as machine learning and Artificial Intelligence (AI) accelerates decision-making and research. Robotics, drones, HD photography, Building Information Modeling (BIM) all are able to collect, analyze and present information that helps project owners with better decision making. It also helps in identifying the potential problems with the design, operational concerns, and construction issues.
Thus, storing, processing, and consuming massive amounts of data at the project planning stage requires flexible infrastructure that is highly scalable and that is only available on the cloud.
6) Data Storage and Security
Cloud-based construction solutions also offer a way out of traditional problems like data protection and IT privacy. Any threat in the form of a cyberattack can bring the construction industry to its knees which will result in loss of clientele and project delays. The cloud offers a way to secure information both on-premises and on the cloud.
With the help of the Internet of things (IoT), HD photography, and drones that are used to survey sites and digitally analyze unfriendly terrains by air also reduces the danger and expense involved to do so in person. Cloud technology can also highlight potential structural issues, problems related to carbon emissions, and other considerations related to the building.
7) Improved Productivity and ROI
Cloud deployment transforms construction firms as a significant shift happens when the organization adopts a service-oriented process thinking. This move from a one-off project leads to more efficiency, productivity, high-quality and on-time project delivery.
Having robust construction accounting software to compute tasks reduces errors leading to a higher return on investment (ROI) and profits. It also reduces overall costs and shortens the timeframe by reducing the chance of rework and mistakes. It also reduces disputes as having a cloud-based system automatically organizes site activity and prevents financial drains on contractors.
Start Your Journey Now
When you are looking for security, speed, compliance, and readiness to scale, cloud adoption will ensure your success. If you want to stay on top of the competition, software in the cloud is a must for you to make up for decades of under-investment in construction technology.
Cloud adoption leads to efficiency and streamlining operations within construction organizations. It also improves accessibility, eliminates hardware limitations, and prevents data loss. Cloud is the future and foundation of the digital revolution in construction. If you are not on the cloud, now is the time to consider how to enable your construction business to take advantage of this latest tech and prepare for the next normal.
Author Bio: Ed Williams is the Senior Team Lead at ProjectPro, an integrated construction accounting software. He holds a massive industry experience and is a Microsoft Dynamics expert who is focused on successful implementations. He is a visionary leader and always aim to deliver the best to the construction and project-oriented industries.