Real Estate Investor June 2022 | Page 54

TECHNOLOGY

Technological advances are reshaping the construction industry

How can we meet the challenge ?

By Puleng Roestoff

Digital construction has been on the horizon in South Africa for quite some time . The COVID-19 pandemic has produced a new way of working , and new possibilities have emerged offering opportunities to transform construction processes .

Digital technology trends are revolutionising the construction landscape . This technical revolution means we need to think about the future and the way in which we design , build and manage buildings .
We need a clear and wellcoordinated strategy to support digital transformation and adoption to increase revenue and reduce costs .
Given the importance of this sector to the economy of our country , there needs to be an overhaul of methods and ways of executing activities in the industry . Many stakeholders are advocating for this transformation but right now we ’ re working in silos .
54 JUNE 2022 SA Real Estate Investor Magazine