The KPMG Global Construction Survey 2017 shows that only one in four companies in the construction industry are currently reliant on their ability to deliver projects within the agreed schedule. The survey is conducted worldwide with two hundred leading construction companies.
Integrated information system is the missing link
It appears that almost half of the companies use separate systems to report on the progress of projects. Less than 8% has an integrally working Project Management System, which aims to improve the project planning, the control of execution in each stage and the predictability of project results.
The research shows that the construction industry remains behind in the application of innovative technologies, while this sector shows massive potential to benefit from these innovations. Think of Internet of Things (IoT) applications, for example to monitor the temperature in spaces and to intervene in a timely manner if temperature is exceeding acceptable limits. Or the connection of the BIM model with the Project Management System which enables the BIM model to present actual costs, serial numbers, warranty terms in the BIM model. Less than half of the companies have a strategy for using these kind of innovative technologies. A missed opportunity, because construction is a sector in which many of the innovative technologies fit excellently to enable more efficient and faster work and being better informed, and thereby gaining more control of their projects.
The role of 4PS
4PS offers an integral Project Management System for companies in construction, linked to these relevant new technologies. For example, 4PS has developed the BIM Bridge, which seamlessly connects the BIM model with data from your operations. As an example, the data collected via Internet of Things devices is used in 4PS to automatically create a service call when the temperature exceeds a certain threshold. This way, the Service Engineer is already on his way to your customer, even before they find out that there is a problem. The 4PS Construct solution provides 1 complete system for implementation, with its own 4PS Portals, 4PS Apps, Internet of Things applications and the BIM Bridge, ensuring that the benefits you expect from innovative technologies are already applicable in your daily practice. Feel free to contact us, we will be pleased to inform you about the possibilities that 4PS offers you, enabling you to take a big step forward.