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According to a study by Autodesk & FMI Consulting on the “prevalence of construction data usage & losses resulting from data errors” it was found that bad data may have contributed towards worldwide losses in USD1.8 trillion. Ensuring the right data is collected & utilised, is key for companies to avoid unnecessary costs and delays. Here we’ll highlight some of the key challenges that are currently facing the construction industry in managing project data.

There are many moving parts in construction projects, with multiple stakeholders using a variety of tools and softwares. This may lead to data fragmentation, whereby mission critical information & data is spread across numerous systems with differing protocols. The main challenge is the integration of these softwares and systems in order to consolidate data.

Maxwell GeoSystems’ MissionOS, is a powerful & flexible data management system, for the acquisition, monitoring & analysis of investigation, design, production & monitoring related data. The platform is able to hold vast amounts of project management data alongside structured technical data, gathered in real-time, & ensuring high levels of accuracy & security. Through the system, project stakeholders are able to effectively communicate and share consolidated data in the form of project statistics & reports, breaking down traditional siloed working practices.

Companies today are still facing numerous challenges. Despite the rise in technological advancements and adoption of world-class systems the ‘near exponential’ increase in the volume of data collected has resulted in an inability to process and evaluate in a timely manner. Hundreds of machines and instruments utilised in every construction project, are now generating vast amounts of data. These are generally proprietary and in multiple formats, making it difficult to consolidate and ensure readability, especially if the right software and tools aren’t implemented. Inaccuracy of data can lead to high costs & lost opportunity, particularly if they are not processed & evaluated in real-time.

Another challenging area for construction projects is the important aspect of security and integrity of data. Often, projects contain highly sensitive and confidential information, such as financial data, project plans, data from machines & instruments, etc. The risk of unauthorised access into project data is highly prevalent in today’s digital age. Thus ensuring the right security tools and preventive actions are in place is of the upmost importance many projects. Through our close working partnership with AWS, we ensure highly secure data hosting & system integrity.

With MissionOS, companies are able to combat the challenges that exists when managing data, which can assist stakeholders throughout the project lifecycle.

Read more about the Impact of MissionOS in ConTech, InfraTech, and AEC Fields