The amount of technology available geared specifically toward the construction industry is mind-boggling. There’s drones, robots, smart hard hats, wearables, ruggedized smartphones and tablets, and 3D printers. Soon we’ll have autonomous (self-driving) heavy equipment hitting construction sites. Not to mention the hundreds of software and mobile applications available for nearly every aspect of running a construction business from the office to the field.
In 2018 U.S.-based construction technology (ConTech) startups raised almost $3.1 billion in funding, a 324% increase over 2017, based on data from Crunchbase.