The Internet of Things (IoT) is shaping the future of the construction industry. IoT broadly refers to a network of assets, devices, and people connected to the Internet to send and receive data. The benefits of implementing IoT far outweigh the risks of delaying its adoption in the construction industry that requires on-time and on-budget completion of project deliverables.
https://www.blackridgeresearch.com/blog/how-the-internet-of-things-iot-in-construction-is-changing-the-status-quo
Global IoT has transitioned from being an emerging technology to an essential technology. So why is IoT usage increasing in the construction business? Low IT costs, cloud computing, extensive low-power wide-area networks, industrial technology training programs, and other success factors have had a major impact on IoT availability and adoption.
