- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 23 Jun 2020
5G is Paving the Way for AI and Big Data Technologies in Construction
Covid-19 has caused undeniable economic damage to the manufacturing sector, though construction’s essential nature has shielded it from immediate recession, the global impact of manufacturing cannot be forgotten. According to S&P Global Ratings, global economy growth is down by 1-1.5%. With a shortage of contactors and raw materials, supply chains have begun to lull in production, hitting construction hard and accruing a 20% revenue reduction.
The Status Quo:
The construction industry is the least digitized sector in the world. And, according to MGI’s digitization index, construction remains one of the least advanced sectors in the world.
Work on restructuring to weather the storm.
Adjust your strategy to the new normal of much smaller markets in some countries.
A more granular approach will now be taken with respect to the last of Parada’s steps the acceleration of adoption of digital capabilities. Covid-19 may be a catalyst for expanded 5G adoption and integration.
New technological Developments:
A total of 40 contractors located in Beijing have begun utilizing 5G base stations for construction. The Ministry of Industry and Information Technology expects more than 600,000 5G base stations nationwide by the end of the year. With the new technology of 5G comes increased speed and digitization. 5G boasts possible speeds of 10 gigabytes per second and nearly absent latency. With faster data speeds come a safer, more reliable connection.
The integration of 5G has already begun to cultivate results, as construction operations have been employing AI Glasses that allow stream-lined communication between overseers and workers. AI could see further development in the construction sector. The new technology opens the door to upcoming innovation, including robotics, real-time monitoring, and blockchain. According to Zheng Yu, chief data scientist of Jingdong Digital Technology Group,
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