Industrialization and Digitalization Abstract †Free Samples

Question: Discuss about the Industrialization and Digitalization Abstract. Answer: Industrialization The world has experienced a revolution and has seen growth and development in different sectors of an economy due to industrialization and globalization. Among the many industries which have been shaped by industrialization is the manufacturing industry where technology has been developed to improve the production activities and processes of different companies. Due to the success of industrialization activities in the manufacturing industries, the lessons learned by the manufacturing industries have been found to be vital and have found great applicability in the construction industry. The building and construction industry plays a very important role in the development of a nations economy. It is continued and an increasing demand for better and quality housing facilities. The importance of the industry, for example, can be referenced from the case of United States where the industry accounts for 4 to 7 percent of the annual GDP and has been found to employ 3 to 6 percent of the to tal US workforce. The industry is therefore under the pressure to improve its productivity and reduce costs associated with the use of traditional mechanisms and techniques in construction. With the advancement in technology in the building and construction industry industrialization has b paved its way into the industry, however, the success of the process relies on the management of labor, the lean operations, application of new modeling and simulation techniques which offer a great 3D experience in the construction industry and relying on the feedback from the source. New technology through industrialization has enabled prefabrication, job productivity tracking, effective lean processes and application of 3D modeling and simulation experience in the building and construction industry. It is important to note that, lessons learned from the manufacturing industry and even in other industries on the improvement of productivity have been found important in accelerating the process of industrialization in the building and construction industries. The rapid and increasing need for better living and the increased globalization has been found to force construction into industrialization with higher quality and reduced costs. The use of traditional building technology in most cases led to increased construction cost which was due to slow productivity and hence the construction of the project would take more time than its the case of the new technology which is taking up the industry. The 3D modeling and simulation experience has greatly supported the industrialization of the construction industry and has resulted in improved productivity in the quality and standards of building materials and facilities to facilitate better living conditions and environments. However it is important to for the industry to increase its usage of the various lessons learned from the manufacturing industry such as the lessons on applicability of industrialization technology in statistical process control or what we referred earlier to as job productivity tracking which will greatly help the construction industry reduce its costs since many of the increased costs are associated with lack of an effective job productivity tracking mechanisms that controls the production activities of the industry as well as the lean processes to aid in quality and better living facilities. Digitalization The modern corporate world has embraced the use of digital technology in improving its productivity in different departments and areas of concern in their businesses and industries or in other terms they have embraced the concept of digitalization. This concept of digitalization involves the use of digital technology to change most business models by providing increased revenue and value productivity opportunities. Digitalization in the construction industry, however, has not picked up well as compared to other industries and especially the manufacturing and processing industries and in this case, it involves encountering connected systems at every line of the construction companys value chain. This is achieved through working with the relevant tools and practices which are based on information and communication technology. Many construction companies have been found to concentrate primarily on the digitalization of planning activities, construction and in the company logistics. The industry has therefore identified a great need of megatrend towards digitalization however it has faced a great challenge in the implementation of digitalization processes in the companies. The challenges, in this case, arise from deciding which approaches suits the companys best and how they can be implemented. However, there is a call from digital specialists in the Information, communication and technology industry who have challenged the construction companies by in that the companies which will develop and implement their own digitalization strategy will surely be winners as the construction industry goes digital. Most companies in construction industries can use digitalization tools to have material supplied just in time which will help in reducing costs and increasing efficiency. In marketing and sales, the companies will be able to win over the dealers and customers using the digital sales application and even provide their customers with new services and support a form of a fter sales which will increase customer retention. Conclusion The increasing demand for quality services in the construction industry and the need for increased productivity as well as competition in the industry have forced many construction companies to use digital technologies in most of their operations. Great improvement in terms of productivity and returns have been realized especially from suppliers of building materials, from the marketing and sales departments which have been reported from increased customer retention, increased company dealers among others. There is, however, a great need of the construction companies to implement digitalization processes in their companies as the world is revolving around the use of digital technologies in every aspect of production as this industry has been reported to lag behind when most, manufacturing industries were adopting and implementing digital technologies in their industries. There is a greater need for the construction companies to decide which approaches the best suit the operations of the companies and implement a digitalization strategy that will help the companies improve their productivity and increase their efficiency in the industry. The success of the construction companies in the future as the industry goes digital will depend on the ability of the companies to develop and implement their own digitalization tools and strategies.