Could your jobsite be connected in 2014? A construction site is home to hundreds of pieces of equipment, from the smallest hammer to the largest earth-mover. More often these days, contractors are beginning to connect these assets at the jobsite—and the analysts are even predicting M2M and IoT (Internet of Things) will see significant growth in the years ahead.
Machina Research, www.machinaresearch.com, Reading, U.K., for example, reports the global market for M2M connections will increase from 2 billion at the end of 2011 to 18 billion at the end of 2022, with the global M2M revenue rising to $1.2 trillion in 2022.
IT leaders in the construction industry are beginning to discover there are many benefits to be gained by connecting devices at the jobsite. While each industry uses M2M and IoT in different ways, the value comes in the fact that connectivity provides realtime data for workers. The question remains: How can construction companies harness this data at the jobsite?
A new whitepaper on M2M communications breaks down several of the conflicts that have to be overcome to implement M2M. For construction companies working in differing regions and individual countries, there are a number of challenges associated with deploying M2M because of the varied cultures, languages, regulations, technologies adoption rates, and pricing.
While this is hardly new nor exclusive to the M2M market, companies that seek to play on the global stage need to spend a good deal of time and effort to make their investments secure.
Before going global, M2M service providers and enterprise customers should first devote time to a set of considerations which can make the difference between success and failure. The new whitepaper explores many of those conditions.
The analyst forecasts and predictions point to continued enterprise growth for connected devices, M2M, and the Internet of Things in the year ahead. As this growth occurs, construction companies will need to determine how connectivity will impact construction jobsites, as well as how to harness all the data that is gathered.