Innovation and Technology: Transforming the Construction Industry

This report examines the impact of technology and innovation on the construction industry and the built environment. It discusses how technological innovation influences organizations by changing the market, the importance of resources, organizational capabilities, and the basis of competition. The report highlights key innovations such as mechanization and sustainable building materials, providing a case study of the Kier Group and its use of machine learning. Furthermore, it explores future implications, including the use of data collection apps and artificial intelligence for increased safety and efficiency. The report concludes that technology and innovation have continuously brought major changes to the construction industry, reducing workload and promoting sustainable practices.

Innovation and technology in the
construction industry

Table of Content
 Introduction
 Discuss how the topic impacts the built environment
 Discuss examples or case studies relating to the topic
 Highlight future implications relating to the topic
 conclusion

Introduction
 Technological innovation influences organisation
surrounding heavily by changing market, changing the
importance of resources, challenging organizational
capabilities, and reversing the basis of competition.
 The capacity to introduce products in the market and
clearing competition help in earning significant sales, and
constitutes big competitive advantage for the
organisations.

Discuss how the topic impacts the built
environment
The construction innovation that changed construction forever are as
follows:
Mechanization: A extraordinary innovation in today era for our
generation was hydraulic and pneumatic devices which was developed
in mid 19th century which led to creation of moving equipment's and
other tools which are commonly used in current industry.
Sustainable Building materials: As the construction industry is
growing it tries to reduce carbon emission, they are turning to more
environment friendly methods of building. This includes

Discuss examples or case studies relating
to the topic
 Kier group purpose is to sustainably deliver infrastructure which is vital for
United kingdom. Its purpose is to efficiently deliver infrastructure which is
beneficial for the people of UK. It is a leading provider of infrastructure services,
construction and property developments.
 The Kier group expertise is in construction, Infrastructure, Highways, Utilities,
Housing Maintenance, rail, property, facilities management etc. the Kier group is
started to use machine learning to analyse and compare new projects with
previous projects in past of Kier group.

Revenue analysis of Kier groupFigure:
Kier Group's (LON:KIE) Profits Appear To Have Quality Issues,
2021.

Highlight future implications relating to the
topic
The future implications of the technology and innovation in the business
of construction industry are:
Data collection apps:
Apps are becoming more and more normal in construction and for a
better reason. The increase in portable things or gadgets like tablets and
smartphones allows for greater communication and the ability to work
from anywhere
Artificial Intelligence:
Artificial intelligence have provided benefits and in future it will
provide benefits on construction projects through increased safety,

Conclusion
From the above report it has been concluded that technology and innovation have
continuous changes and had put major changes in construction industry from
generation to generation. Due to this machination, computer aided design, mobile
devices, sustainable building materials etc. made great impact in reducing workload .
Further a case study about a construction company was made for better understanding
of the innovation and technology effect in the construction industry. At last of the
report is has been concluded with highlighting the future implications of the
technological advancement on the construction industry with future developments and
use of resources well and sustained way.