CONEXPO: A 9-step approach to investing in cost-reducing technologies

Jan. 22, 2020

ConExpo-Con/Agg will take place March 10-14, 2020, in Las Vegas, Nevada

Finding ways to lower costs remains a constant struggle within the construction industry. An effective way to accomplish this is through the application of new technologies, says Guido Perez Manfredini, Regional Manager, USA & LATAM, MICROMINE, a leading provider of innovative mining software solutions.

“Estimates are that worldwide, more than $300 billion could be saved per year if all construction sites were making the most of today’s technologies,” he observes. “That is because these technologies offer a more comprehensive understanding of what is occurring on a jobsite, and they can automate workflows and processes.

“A chief value of the new technologies is that they enable monitoring a project’s progress in real time so changes can be made on the fly, which saves time and money. What’s more, with today’s technologies, you can monitor productivity on a jobsite in real time from anywhere.”

Yet, notes Perez Manfredini, not only does the construction industry remain slow to innovate and take advantage of new technologies, it is not fully utilizing the features of the technology it is investing in.

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