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How IoT Can Elevate Your Company with CoRe

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2/22/2022—When COVID-19 appeared in late 2019, industries could not have foreseen the challenges it would bring. Construction continues to face an onslaught of issues, from supply chain disruptions to labor shortages to companies and projects being shelved all together. As the pandemic evolves, construction may continue to face hurdles. Thankfully these challenges can be met with the implementation of advanced IoT technology from CoRe, providing streamlined management and job site monitoring, simplifying projects, and eliminating time and labor waste.

Stay Ahead Of The Competition

The latest IoT devices deliver measurable benefits in the construction industry, which can be seen expressly with COVID-19 issues companies are facing. As labor and supply shortages continue IoT tech, like CoRe Connected Resources, provides reliable data and critical oversight to prevent further job site loss. With the data collected via CoRe’s IoT smart badges, companies are afforded more accurate job forecasts, including budget, supply, and labor needs. CoRe also helps prevent loss of precious supplies and machinery thorough employee training and protection protocols, enhancing job site safety and employee skillset. “As companies prepare for accelerating technological trends, using technology to lower costs and increase efficiency will help them remain competitive,” according to a recent report by the National Association for Industrial and Office Parks (NAIOP) Research Foundation.1

Increase Recruitment & Prevent Labor Loss

Labor shortages in construction have been on a downward trend since before the pandemic. With the 2008 Recession kicking off losses, the arrival of the pandemic served to accelerate those losses. Shortages are caused by several factors, including fear of illness from COVID, fear of injury on the jobsite, lack of monetary incentivization, and lack of skillset growth in the field. All these issues can be assuaged with the help of CoRe’s advanced IoT platform. CoRe provides employees with increased safety via wearables equipped with everything from panic buttons to fall detection, which alerts personnel of onsite injuries and helps to get immediate help. Each CoRe smart badge has a unique worker profile that logs training and certifications to confirm workers are equipped to perform specific tasks and to enhance their skillset as needed. With increased skillsets, an employee’s value goes up in the overall field. Through production management, employees can also be incentivized to complete jobs faster, which reflects in the data captured by CoRe wearables. It’s also worth noting that CoRe can also contact trace, a system which allows admins to identify close contacts of positive cases of COVID onsite. Contacts can be notified and quarantined quickly to limit spread. 

Productivity Optimization & Better Forecasting

Construction productivity has remained flat for decades, according to research by McKinsey & Company, which shows that traditional methods have made construction disjointed and siloed.CoRe’s newest IoT tech is revolutionizing site productivity, capturing essential site information including supplies used, project completion time, machine and worker downtime, and employee safety. All these factor into the productivity and budgetary needs of a job. Supply monitoring allows admins to identify where waste is occurring and eliminate it, while ensuring valuable supplies are being handled with care. Through productivity monitoring, admins get visible insight into how long specific tasks take. Not only that, but management can view where machine and employee downtime is occurring and eliminate it, to increase job productivity and meet deadlines. With the data provided by CoRe IoT, admins can provide more accurate forecasts for projects including supplies needed, timelines and budgets, and in turn provide investors with increased transparency and assurance.

The many benefits of IoT in construction are being seen every day, and as this field continues through COVID and beyond, CoRe is proud to offer an easy-to-implement and reliable system for capturing precious data. CoRe can move your company into the future, assuring that your workforce is protected and helping to eliminate unnecessary waste on your job sites.

Contact us today for a 15-minute demo to learn more about how you can profit from CoRe!

1 News. NAIOP Commercial Real Estate Development Association. (n.d.). Retrieved February 3, 2022, from https://www.naiop.org/en/Research-and-Publications/News/NAIOP-News/2021/Technology-That-Promises-to-Revolutionize-Construction-Industry

2 Jones, K. (2020, April 16). Construction Technology is reshaping the industry. ConstructConnect, Construction Project Management Software. Retrieved February 3, 2022, from https://www.constructconnect.com/blog/technology-reshaping-construction-industry#:~:text=Mobile%20technology%20allows%20for%20real,records%2C%20and%20other%20verified%20documentation.