16Aug
Impacts of Business Intelligence in the Construction Industry: 4 Top Advantages

Recently, GCC countries have become industrial hubs, especially with the immense growth in the construction industry. And, the secret behind this growth of construction companies is their limitless access to data, more than ever before. Thanks to business intelligence (BI) technology, construction enterprises can access a huge amount of data on the latest updated information about the GCC construction market, including residential and commercial construction market analysis, with high accuracy. As a result, it helps not just with decision-making but also meeting the growing demands.

Wonder how this simple BI software helps the construction industry? Here, we unfold the secret.

construction intelligence platform

Here’s How Business Intelligence (BI) Benefits Construction Companies

Business Intelligence software is a detailed process of collecting, monitoring and analysing data related to the construction field, ensuring better project performance and informed decision-making. You can have an in-depth insight into real-time updates on the construction projects across GCC.

With well-implemented BI technology, you can collect raw data from various sources, from specifications to drawings to estimates. After gathering in a centralised location, this data is used for in-depth analysis and real-time monitoring, while tracking the progress of ongoing construction projects. Compared to traditional data management and analysis, like static reports, business intelligence (BI) technology can produce faster-visualised data, including interactive graphs and charts, with accuracy and real-time updates. Overall, this data-driven decision-making boosts the construction productivity of your company. Moreover, you don’t have to make vital decisions based solely on intuition.

Besides these, here are some more benefits you can have by integrating business intelligence (BI) software into your construction market analysis:

Quick Decision-Making

Compared to any other sector, construction companies have to deal with a huge amount of data. Analysing them manually won’t give an accurate insight into vital decision-making, but construction business intelligence software does. A well-integrated BI allows better data analysis and evaluation by providing accurate information in the bigger picture, improving informed decision-making. Moreover, you can make immediate decisions regarding your project areas with its automated and real-time data updates.

No More Reliance on Intuition–

Traditionally, gut instinct or intuitions used to be the most valuable way to make informed decisions in the construction industry. However, it involved risks since the entire decision solely relied on guesswork. With the emergence of business intelligence (BI), this risk has been eliminated from construction projects in terms of business decisions. Data-driven decisions ensure accuracy rather than following just gut instincts.

Tailored Reporting

The best part of having centralised data is that you can use it in the best possible ways for your construction projects’ operational models. And, leveraging BI allows you to customise those abundance of data according to your specific construction reporting needs. With its interactive reporting abilities, you can easily integrate BI reports into your project workflows, while communicating and collaborating through it with your project stakeholders. Hence, there’s no need to visit the site to report any progress or issues.

Maximising Efficiency and Opportunities–

The biggest problem in the construction industry has always been pulling data from multiple sources, which requires both time and money. In fact, that data can even be inaccurate or outdated. With state-of-the-art BI construction technology, you can access all the required data from a single source and rest assured about its accuracy and real-time information. Moreover, its intricate breakdown helps you identify issues and assess performance in all areas, from project progress to completion.

To Conclude

So, are you ready to integrate BI into your construction projects? If yes, it’s time to switch to PROJECT INTELL from your traditional data management methods. It is a real-time construction intelligence platform offering a clear outlook of the latest GCC construction market analysis under a single roof. This construction intelligence data analysis tool gives your sales team leads for business.

Start your trial today or request a demo now!
Artificial Intelligence in Construction
13Mar
Artificial Intelligence Revolutionising the Future of Construction: HOW?

Hey, do you really think that AI means just the robots projected in sci-fi movies? Well, that’s a part of the distant future! But, you are already leveraging artificial intelligence (AI) on a daily basis to conduct tasks, like through Alexa! Just like in your home, AI has made its way to the construction industry of the GCC countries, including the UAE, Oman, Bahrain, Kuwait, Qatar and Saudi. This construction intelligence is going to play a crucial role not just in boosting the productivity on the site but beyond that. See here.

construction intelligence in the UAE

How Is AI Evolving the Future of the Construction Industry?

To understand how construction artificial intelligence (AI) is going to shape the future of construction, let’s take an insight into the definition of AI first. Artificial intelligence fetches a huge amount of data to analyse the trending details and patterns using the power of machines. On the other hand, leveraging machine learning executes tasks on the construction site with better accuracy and faster while resolving problems as well. 

Alerts

Gone are the days of calling or messaging workers at the job site to get the current progress report of their project. Today’s field reporting software offers a direct insight into real-time job site performance and problems (if there are any) leveraging artificial intelligence. Also, it provides safety alerts with a notification to make the project manager aware of the potential issues in real-time even if you are not present on the construction site. 

Safety sensors

Artificial intelligence has not only automated our homes, but the construction site as well and makes it safer to work in. Wearable safety sensors pinpoint the location of your workers wherever they are engaged in tasks and notify the project managers or stakeholders if any accident occurs, like falls or slips. 

Optical Character Recognition (OCR)

In the construction site, OCR is the most common software to be used nowadays using artificial intelligence (AI). From converting documents and images to scanning sketches to numbering and naming and hyperlinking sheets- This construction intelligence saves hours on processing building sketches, including markups, viewing and sharing. To stakeholders and project managers.

Drones

When it comes to artificial intelligence, drone mapping is the most innovative revolution in the construction industry. With the deployment of drones and drone mapping, you can conduct accurate surveys of the job site capture aerial images for better insight and identify issues that you can share with your stakeholders to get additional perspectives. Also, it is useful for tracking the progress of the current project on the construction site.  

In Conclusion

We hope you understand how the adoption of construction intelligence in the UAE and other GCC countries is increasing on the construction job site day by day. Just like these, the cloud-based construction data analysis platform, like PROJECT INTEL, leverages artificial intelligence (AI) to capture a larger amount of real-time data of a job site, including the market data and its analytics and reports, making companies fetch more profits. Using it, you can get a direct and detailed insight into the current project reports and get up-to-date contact details while finding new work opportunities. Also, you can leverage it to get informed sales pitches and make your company stand out from your competitors. 

So, why wait? Start your FREE trial today, or request a demo now!

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