Here is a clear example on how technological advancements can boost the profitability of construction companies: ex. If it happens that construction employees are facing with an issue on the field, thanks to the technological gadgets, they can inform the managers about it immediately, which leaves space for re-planning the overall construction operation.
There is no doubt that the general construction industry is transforming into a truly digital industry.
In addition, when speaking about the impacts of the technological innovations and the construction industry profitability, I must not forget to mention yet one more aspect of its impact.
To continue with, the materials and the building components that construction companies are using nowadays have changed too due to the technological improvements.