The Internet of Things and The Construction Industry Part 2
The Internet of Things (IoT) has been touted as the wave of the future in many areas of business and life. It promises to make your house smarter and help your business better understand customers. However, IoT offers construction companies a myriad of ways to enhance daily processes and overall planning. From tracking equipment to enhancing instruction, IoT is allowing contractors to make better decisions.
In part one of this series, we covered a couple of the ways in which IoT is being used in the construction industry. Our Miami contractor attorneys are well-versed in industry trends and will provide a few more IoT-led advancements.
Monitor Fuel and Power Consumption
As all of us in the construction industry know, large amounts of fuel and electricity are consumed during a project. Using sensors, fuel and electricity consumption can now be monitored. This advancement has two benefits. When vehicles are running low on fuel, they can be replenished, reducing downtime. Secondly, fuel and power consumption data can be combined with workflow data to determine ways to utilize resources more efficiently.
Operating Equipment Remotely
IoT technology allows for contractors to use machines to complete tasks in dangerous environments. This can reduce injuries and project delays.
Track Equipment Conditions
One of the most profound ways in which the IoT can aid contractors is in monitoring equipment conditions. Sensors can be added to machines to determine patterns of wear and tear. Once a certain threshold is reached, operators can be alerted to send a machine for servicing. This can save companies time and money by allowing them to shift machines around to accommodate for ones that are being serviced.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.