Ingenieur Vol 73 ingenieur Jan-March 2018 | Page 41

The New Age of Engineering and Construction Technology – Jose Luis Balnco, Andrew Mullin, Kaustubh Pandya, Mukund The engineering and construction (E&C) industry is at the cusp of a new era, with technology start- ups creating new applications and tools that are changing how companies design, plan, and execute projects. By providing advanced software, construction-focused hardware, and analytics capabilities, these innovative start-ups are eliminating many of the problems that have dogged the E&C sector for decades, including difficulties compiling and sharing project information. Such improvements could not come at a better time, since construction projects are becoming increasingly complex and expensive, putting managers under greater pressure to improve costs, timelines, and efficiency. Many E&C companies have begun incorporating new constr