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August 12, 2022

Continued Investment In Construction Tech – The Good And The Bad

Investment into construction technology is at an all time high. The question is how does that investment translate on the job site. Fortunately we had Dennis Stejskal, the director at Sage Construction and Real Estate, stick around for another episode. Dennis was originally on the show for episode #3 where he discussed the value of construction data and we also discussed the newest developments in technology last week on episode #90

Dennis and our host Mike Merrill discuss the investment we are seeing in construction technology, the surprising areas in construction benefiting from new automation and software, the low hanging technology fruits for the quickest ROI and how to take advantage of it for your own business. 

Key Takeaways:

  1. Technology today is position or task focused. To be ever more effective technology is becoming more and more focused where it is now being built with specific roles and tasks in mind. If your technology stack does not give you key roles and tasks the attention they deserve you are losing out on highly profitable productivity. 
  2. Purpose based technology is automating surprising tasks. General use software, even construction based general software is being replaced with purpose-based software. This purpose based software is giving tasks that would have never been thought of an opportunity to be simplified. For example, rebates from materials can be automatically managed to ensure that every bit of profit can be pulled from every project. 
  3. If you aren’t taking advantage of technology there are easy ways to start. Technology is so well developed today that there are easy ways to start using software to improve your business including data collection on the job site, report generation software and safety software to name three easy to implement and use software options that will show quick ROI for your business.