International construction companies implement new crane based Pix4D BIM monitoring solution

The Pix4D Crane Camera is the complete solution combining software and hardware, enables Project Managers and BIM of International construction companies to deal with the complicated challenges in the construction industry. The use of this latest construction helps construction professionals to eliminate the need for rework, minimize construction delays, align schedules, facilitate stakeholder communication and prevent gaps between as-built and as design. The International construction companies are using Pix4D Crane Camera at the following projects.

Underground Metro Station: Pix4D Crane Cameras are used to build long metro line including a massive tunnel and underground stations. The contractors are keen to test innovative construction technologies on site and chose to try the Pix4D Crane Camera as an internal tool to monitor one of the work areas. In future, this technology would be helpful for stakeholders to see behind the scenes.

Railway Bridge: The construction groups that are expanding the railway infrastructure including the construction of long bridge and new tracks are using the crane camera to document the as-built situation of the site, capturing data daily. The weekly work report improves work quality, increase communication and collaboration between the several construction companies and subcontractors involved.

Super Hospital Complex: The contractors constantly test new BIM and digital construction technologies and selected the crane camera to be a part of the hospital projects. The crane cameras saves time for project team, provide quick information, permanent monitoring solution and automatic data when they need it. 

School Building: The use of crane camera along with drones provides most complete aerial overview of site, from the earliest earthwork stages of a project. Drone mapping technology is used to survey earthwork preparation and site clearance.

Office Building in a Historic City: The crane camera solution is useful to monitor the complete overview of site and provide 3D surveys of high class office buildings. Crane cameras provide accurate results of the construction site.

Such latest construction technologies help construction professional to get the solution quickly, keep the schedule on time, control cost and get an automatic report of the as-built on a daily basis without depending on communication and site feedback.

Benchmarking Can Improve Performance of Construction Company

Effective benchmarking plays an important role in helping construction companies to remain competitive with the rest of the industry. The competition in the construction industry is growing rapidly due to the advancement in latest construction technologies.

 

This shows the construction industry has a potential for significant increases in projects and profits. Construction companies need to manage their margins carefully to compete their competitors and changes in the market. This strategy will help construction companies to reduce construction cost and increase business profit.

Benchmarking is a technique of discovering the cost-cutting initiatives and best performance of the company against industry measures and standards. This information can then be used to achieve a competitive advantage by identifying gaps in an organization's processes. Top construction companies consistently benchmark their financial and operational performance to avail the opportunities of margin management and cost savings.

Financial management of Best-in-class construction companies use benchmarking measures to find either the company is taking the accurate projects at margins that are appropriate for the current economic climate or just bidding that result in recession. The construction companies having easy access to information, in times of significant change, are the flourishing and growing ones.

The high-performing companies usually Show more pronounced gross profit per employee, Carry less debt and have a higher gross profit margin and net income before taxes. Construction Financial Management Association compares their companies to these high-performing companies on the basis of two major management concerns for any construction company: profit margins and payroll.

Standard Initiative for New Construction Technology

The construction industry is rapidly growing with the advancement in construction technology and IoT (Internet of Things) which are offering never-ending opportunities in infrastructure and construction. The digital transformation in construction companies is rapidly shifting the labor force from office to the field. The International construction companies are speedily adopting new technical solutions for construction problems.

So, it is the need of hour to take an initiative to develop a data-based procedure for residential and commercial organizations and to provide constant cost-effective technical solutions. As more construction companies are adopting IoT e.g. drones, robots, augmented/virtual reality and 3D technologies, the need for legislation, policies, regulations, is increasing that will protect important project data.

The initiative for the development of a successive standard will affect all aspects of construction, including engineering, architecture, machinery, fleets, contracting, as well as structural methods and building materials. The implementation of a new data-based standard will be beneficial from a business point of view because all construction companies will be able to create more collaborative solutions among customers, employees, partners, and technology companies.