The best construction companies rely nowadays on digital technologies to make better choices when it comes to the decision making process. Digital technologies are enabling construction companies to operate with better safety and to deliver projects on time while providing higher quality in regard to design and engineering.

Software companies have realized that they can contribute to the development of construction companies by providing advanced software that can offer solutions for many construction processes. Those solutions utilize drones, cameras, and sensors to monitor the progress of each building and construction project.

Enhanced planning and delivery are considered among the results of a smarter construction technology that relies on automation, artificial intelligence (AI), robotics, and the internet of things (IoT) to make the construction process better and easier.

Simulation is also used nowadays in the building and construction process between a physical and virtual world to better predict and analyze the results. Augmented reality (AR) and virtual reality (VR) have allowed construction companies to better visualize the expected outcome.

Blockchain contributes to improving the construction supply chain by allowing the creation of a complete history of all made transactions that took place in a particular network. It also helps in protecting key elements related to the supply chain and to the construction operations by encrypting those elements.

Finally, with the emergence of new construction technology, construction companies have to rethink their strategy to remain competitive.