CIOB reported that project delays in the UK cost ￡21 billion a year, of which 66% were caused by poor management practices [3]. Digital construction solutions can provide real-time data insights for construction companies, helping them to make data-driven decisions to avoid costly mistakes. AI-powered analytics can provide foresight and help project managers navigate potential problems before they occur, saving time, money, and reputational damage. Furthermore, digital solutions can streamline supply chain management, reducing the risk of material shortages or delays.

The benefits of real-time data for business

As a business leader, you know project management is critical for your organisation. You want to ensure your teams work efficiently and effectively to achieve their goals. But how do you make sure that happens?

Innovation and adoption of digital solutions are needed for streamlining and automating processes and providing real-time insights into every aspect of your projects and business: from resource allocation and workload distribution to budgeting and forecasting. Executives rely on this information when making decisions about future investments and always require up-to-date data. FMI reports that the construction industry's cost of bad data strategies was over ￡1.3 trillion globally in 2020 [4].

As a project manager, you can use automation, analytics, and AI to make better decisions and improve your team's efficiency. The first step is understanding how data can be better used in planning. The second step is determining how best to collaborate with stakeholders so everyone can access the correct information when needed.

As a construction site worker, you strive to find ways to improve safety and productivity. You also want to ensure you get the most out of your tools and equipment. The use of digital project management solutions can help accomplish these goals by providing insights into what's happening on the job site, so you can make adjustments as needed.

The power of Automation,?Analytics,?and?AI

When implemented correctly, systems integrations and AI can automate routine tasks like data entry or reporting, giving workers valuable time to focus on value-add activities and strategic decision-making. Companies implementing such technologies and processes early in the project see significant cost savings over time due to the reduction in double handling of data and human error, coupled with the speed of access and the standardisation and accuracy of the data.

Digital project management solutions like Gsite help organisations save time and resources and automate various project management processes, providing powerful analytics capabilities that focus the team’s attention on mission-critical tasks. Organisations can use these capabilities to identify and rectify issues before they become significant problems, providing valuable insight into project performance and unlocking value from the data.