How Real-Time Monitoring Helps Construction Companies Make More Money

The construction industry is one of the major sectors that incorporate some elements of IoT to ensure improved efficiency and safety of workers on the job site. Analytics is essential to ensure the success of IoT systems, and it’s more than just collecting and storing all the needed data. They also have to gather insights, automate decisions, and create data-centric services that would allow the business to keep moving forward.

Real-time monitoring of large amounts of fast-moving data is essential in today’s connected world. Likewise, it’s also essential that these equipment and devices would be able to perform historical analysis that would allow the company to gather more in-depth insights. For this purpose, you can hire professional services that offer native system analytics which could assist in building analyses and applications rapidly– these should be secure, performant, and scalable.

There are also a lot of real-time monitoring tools that could give organization instant insights that allow them to decide accurately, and here are some of those.

Construction Scenarios

We are going to explore some construction scenarios to prove that this industry was utilizing to the fullest the connectivity offered by IoT.

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Constant Monitoring for Any Potential Failures

In a construction industry, they often utilize fixed asset monitoring and sensors on its devices and equipment to check air temperature, vibrations, and modifications in the work environment. In this scenario, they can use the data to also monitor the computer for possible failures.

If or when a potential failure is found through thresholds, then the machine would automatically shut down and an alert would be transmitted to the management team to notify them about this. This could prevent further damage or accidents later on.

Aside from that, smart safety cones can also be strategically placed so that the project manager would be able to monitor the traffic control plants and ensure that they will be able to implement any modifications needed to be done. With the help of this equipment, it would be easier to collect metrics regarding traffic flows throughout the construction zone.

GPS Devices and Sensors to Monitor Vehicles

The vehicles used within the construction site can also be equipped with GPS devices and sensors to continually monitor revolution per minute, engine temperature, accelerations, fuel use, and braking velocity. The management can utilize this data to track careless driving if there’s any and to come up with plats that would improve asset utilization.

Process Management

A construction company can utilize data in some ways. This includes monitoring inventory RFID tags, dispersion at queues, arrival times, scan rates, and it can even detect theft. With the help of these data, construction companies will be able to finish the project more efficiently, contributing to higher customer satisfaction rates with management optimization.

Not just that, they’ll also have the assurance that only the professionals capable of doing the job would be there to assist the customers, in the right time, and at the right place. With this kind of real-time data monitoring, inventory analysis could take home right away.

Some of the notable challenges that are present in real time monitoring include the following:

Although real-time monitoring is beneficial for business, they also face some challenges along the way, and here are some of those:

  • Collection of real-time data to the cloud as a way of gaining visibility, offer insights and allow analytics to utilize the value of device data to the fullest.
  • Merge with legacy components on cloud premise to have complete control of data, signals, alerts, and the like.
  • The utilization of predictive analytics on real-time device data to determine asset failure, as well as quality issues. This would allow save you from downtime and maintenance costs.

Data Center Monitoring

IoT data improve enterprise servers as they will be transformed into lifecycle analytics. Through this, you’ll know which equipments are malfunctioning, compare and analyze the different vendors and supplies, and keep the whole are adequately protected and secured.

Overall, there are countless of ways on how real-time streaming solutions can be beneficial in the construction industry.

Author Bio:

Chris is a Digital Media Strategy Consultant in Orlando, FL who provides national brands with freelance copywriting, PPC Management Services, and SEO strategies.  Chris is also passionate emerging technologies and traffic safety issues.

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