How is IoT Transforming the Construction Industry?
The construction industry is one of the crucial contributors to the world’s growth and well-being. According to a research, Construction industry construction industry will account for 13.2% of the global GDP after few years. The idea of Internet of Things (IoT) has been existed for many decades. Since its creation, innovators have been waiting for the technology to move forward enough to be practically implemented in different industries. Recent research show that it’s only a matter of time before IoT in construction industry becomes a must-have technology. IoT will play an important part in waste management and employee safety improvement, construction costs reduction, and also helps in match properties against the requirements of prospective tenants. In near future, IoT is expected to be used in many construction and real estate sectors including facilities, infrastructure, homes and businesses. In the terms of IoT use, the construction industry is not the most advanced. P...