The amount of data created, and its potential significance, grows exponentially every day. Good information helps to identify opportunities for process improvement by revealing patterns and insights. One of the best ways to forecast and keep your organization competitive is to stay up to date on the latest industry trends.
Within construction technology, innovation is a constant. It is challenging to keep up with every piece of technology and gauge true adoption for your company, especially as compared to industry peers. For the past 10 years, the JBKnowledge (JBK) team has released an annual Construction Technology Report which allows contractors to understand where their company stands when it comes to technology adoption, IT staffing, research and development, and more.
Accelerations in technology continue to introduce digital transformations throughout the electrical contracting industry. Technologies such as the Internet of Things (IoT), robotics, asset tracking, and more are reshaping and revolutionizing our industry. In the JBK Con-Tech Report, contractors can learn and understand which technology trends are transformative and are being widely used versus which trends are still early on the horizon with little adoption.
Harnessing these construction trends is an incredible value as the electrical contracting industry withstands market shifts and becomes more competitive. Eye-opening insights from the Construction Technology report include the following:
In 2020, nearly half (49%) of all construction pros were still manually entering data because their software and apps did not integrate. Having to duplicate work manually leads to a decrease in productivity and the potential for increased error.
Prefabrication construction has a large impact on our industry—78% of commercial construction used prefabrication in 2020, with 40% of respondents reporting that prefabrication gave their company a strategic advantage.
To keep this report up to date and relevant to our electrical contractors, NECA needs your help. This year, NECA is excited to co-sponsor the annual Construction Technology Report in partnership with the Mechanical Contractors Association of America (MCAA), the Sheet Metal and Air Conditioning Contractors' National Association (SMACNA) and the Construction Financial Management Association (CFMA). The information provided by NECA contractors will help to measure and interpret which specific technology trends are most relevant to our industry. Providing your input will empower NECA to create and deliver the strongest content and services for the challenges facing your organization today and in the future.
Please fill out the survey here, to help us drive and predict the future of construction innovation and technology. If you would like to download the JBK 2020 Construction Report or any previous years for free, please visit this site here.
NECA Innovation Overload Podcast
The NECA Innovation Overload Podcast helps contractors make sense of industry tools and decide what is right for their business. Each week, the NECA Innovation Team and a weekly guest discuss and tackle problems contractors across the country are facing.
These podcasts were produced to inform and excite NECA members across the country about new industry developments and tools, critical industry issues, and the latest labor relations and safety guidance.