Challenges and Opportunity in Digital Transformation of Construction industry: A Role of Industry 4.0.
Keywords:
Construction industry, Industrial revolution, IR4.0, Digital ConstructionAbstract
The terminology of 4th industrial revolution was incepted by the government of Germany which illustrates and encompasses the rapid technological advancement in manufacturing sector and outline the coherent policy framework to compete with global digital transformation. Initially the concept was introduced for manufacturing industry but later it has been adopted by various organizations and construction industry remain no exception. In addition to the third industrial revolution, industry 4.0 incorporates the adoption of IoT (internet of things), cyber security, augmented reality, big data, autonomous robot, additive manufacturing, simulations, system integration and cloud computing. The construction industry is considered as the third largest industrial sector and still adoption of industry 4.0 is awaited. There are numerous factors which obstruct the adoption of the fourth revolution. This study set the objective to identify the opportunity and challenges that lie within the adoption of industry 4.0 in the construction sector. Industry professionals are approached and their opinions and understandings of the IR4.0 are evaluated. The implementation of fourth industrial revolution will not only reduce the cost of construction processes but the efficiency and productivity will also be enhanced.
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