Intelligent SME.tech Issue 10 | Page 39

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is improved , which is particularly beneficial to smaller contractors . The end result is holistically enhanced trust within the industry .”
For example , traditional site surveys can take weeks or even months to complete while a drone carries out the survey in minutes . Drones can also be used to deliver building materials , monitor project progress , conduct site inspections and identify potential safety hazards .
Blockchain
It is clear that the future of a smarter , safer and more efficient construction industry lies in digital technology and it will soon become a necessity in any construction business . Undoubtedly , those who act quickly and decisively to embrace digitalisation are the ones that will emerge as industry leaders , Evans said .
But can SMEs in the construction industry afford to use all this technology – what would Evans ’ advice be to SMEs regarding their tech budget ?
She said : “ Given the current state of the economy and the fact that the construction industry was already in the depths of a severe downturn before the outbreak of the COVID-19 pandemic , I think it will be some time before we see a concerted effort by role players towards digitalisation .
“ While they are aware of the benefits of incorporating digital technology into their business , most are in survival mode and struggling to keep their businesses afloat . Consequently , in my opinion , digitalisation is not a priority for these construction companies , especially SMEs .” �

DRONES PROVIDE CONSTRUCTION TEAMS WITH AN OVERHEAD VIEW OF EQUIPMENT , MATERIALS AND PEOPLE AND ARE RAPIDLY BECOMING INTEGRAL TO IMPROVING EFFICIENCIES ON SITE .
Simply put , Blockchain is a ground-breaking tool used to record and track transactions , agreements or contracts across a network of peer-to-peer computers .
“ As construction projects become increasingly complex and consequently , difficult to co-ordinate , failure to agree on project fundamentals can lead to mistrust and disputes among participants ,” Evans pointed out .
“ By utilising Blockchain technology , construction companies can automate the contractual process to better manage supply chains and resources and accelerate project delivery in a manner that is fair and transparent to all participants . Late payments and disputes are reduced , and cash flow
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