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New Construction Technologies are Trending in Homebuilding

Companies in the residential home building industry have been embracing and integrating new technologies as they become more advanced and affordable. These technologies are designed to boost efficiency, lower costs, enhance safety, and improve overall project management.

According to Construction Review, a Construction Enterprise Resource Planning system is cloud-based CMS that gathers project information for homebuilders and contractors all in one place. This Information Technology process provides everything from project delivery to resource allocation, to finances, to document management. The trend for home and condo builders to implement ERP software solutions now or in the near future is gaining traction. An Associated General Contractors of America survey found that 85 percent of construction companies are investing in this technology.