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.