Digital transformation, unlike others presume, is not exclusively destined for any specific industry. The construction industry is undergoing a rapid transformation and top brands have already transformed their conventional process, technology, and systems with brand-new smart solutions. Why the construction industry needs a digital revolution? If this is the question you’re seeking answers for, well, here’s the answer. The construction industry involving a lot of complex processes, resources, and tools for any given project is never short of challenges. Some of the common challenges every construction firm faces are productivity, communication, product traceability, employee safety, on-time completion, leading to the lowest profit margin and unhappy customers. However, the introduction of techno-enabled digital solutions like IoT-enabled application, RFID tracker, QR-code scanner, asset tracking app, web apps (thanks to digital transformation services) has started to impact the industry and the construction experts have started to shift their eyeballs towards the future technologies to improve profit and customer satisfaction. Before diving deep into the discussion of how modern technologies and digital solutions will transform the construction industry, let’s develop some insights on the challenges and how they impact the RoI of the companies. Loss of productivity Lack of product traceability/material movement Poor resource utilization, management Insecure and unsafe project environment

Operations expenses contribute a lot to manufacturing costs. With a proper asset management system in place, the high expenditure can be controlled. Traditional or modern or the highly advanced – the key to profitability in Manufacturing (both product and process manufacturing) is in the most productive utilization of your assets, physical as well as human. A performance-driven company would be obsessed with quantifying, tracking, measuring, and monitoring their assets. And, without asset tracking, this is highly difficult. This is where investing in digital transformation services matter. And compared to legacy models of asset management, IoT asset tracking is cheaper, faster, and better (provided you have partnered with a proven IoT app development company) – giving you a competitive advantage if deployed right and quick. Let’s see how it works.

Digital industrial transformation – as many think this is not just a buzzword but really got something that can transform the overall way an industry functions. While a lot is stressed on improving cost reduction, it is a must for an industry like Manufacturing to garner insights from a massive volume of data from every process to deliver a flawless customer service and experience. To achieve that re-inventing/adjusting the existing processes, systems, business models, product development strategies using digital solutions matters. Remember, even 1% of profit can do wonders to a manufacturing company and imagine what if your business can experience 10-20% of gains with the right strategy and digital transformation solutions. Sounds crazy right? In this post, I am going to discuss what digital industrial transformation using IoT is and how it impacts and improves Manufacturing operations, product and business development. Let’s get started.