Video

Building the possible with IoT

Latium Technologies discusses Internet of Things (IoT) solutions — devices with sensors and other technologies that collect and exchange data for efficient building process while mitigating risk.

By Avi Khanna ,

Construction Innovation and Operational Excellence Leader, Marsh U.S

10/26/2023 · 2 minute read

The construction industry has not typically been known for its embrace of technological innovation. However, as discussed in the future of construction article, companies are increasingly looking to overcome several challenges — from a shortage of skilled labor to the rising costs of materials — with the adoption of new technologies. Wearables, telematics, sensing technology, and autonomous vehicles are some of the leading innovations that can help promote sustainable growth and create efficiencies in how companies operate.

One challenge facing companies is sourcing the most appropriate solutions for their particular needs and selecting the providers that can best bring about new operational, process, and revenue possibilities.

In the videos below hear from specialists on how companies can select the technology providers and partners that best suit their needs.

Latium Technologies discusses Internet of Things (IoT) solutions — devices with sensors and other technologies that collect and exchange data to allow for a more efficient building process while mitigating risk.

Topics covered in the conversation include:

An overview of current IoT products and capabilities
The importance of project appropriate and timely product specification
Examples of “losses” avoided thanks to IoT technologies
Misconceptions of IoT solutions
Common IoT considerations for contractors
The future of IoT

Embracing new technologies

The solutions and respective benefits available to construction industry companies

Following this discussion, we join Latium Technologies on a site visit to gain a first-hand look at IoT in action.

IoT in Action

Latium Technologies and Marsh discuss sensors on site

Article

Building the possible with IoT

Following this discussion, we join Latium Technologies on a site visit to gain a first-hand look at IoT in action.

Related insights

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Building the possible with IoT

Following this discussion, we join Latium Technologies on a site visit to gain a first-hand look at IoT in action.

Related insights

Surety bonds for the BEAD Program

Sifting through Ontario’s excess soil regulation

Resilience in construction: How a positive safety culture can reduce risk

Strengthening accountable care: The strategic advantage of surety