Many organisations are reaping the benefits of cloud-based solutions; however, in the construction sector adoption remains relatively slow. Eque2 explores why this is the case and looks at ways in which the construction sector can boost adoption internally.
Benefits of Cloud-Based Technology
In essence, cloud computing is based on the Internet, removing the need for running programmes via downloaded software. Easily available on mobile phones and tablets, cloud-based systems can be accessed anywhere, anytime, right at people’s fingertips. This combination – flexibility and accessibility – is crucial for the types of jobs in which no day is the same, especially in occupations where employees are not solely office-based. They also make a vital difference to personal workloads, streamlining even the most arduous administrative tasks.
This kind of model is at the core of many construction businesses, particularly contractors and subcontractors often juggling multiple projects each at different stages of development. Cloud-based applications, therefore, put contractors and subcontractors at an advantage, enabling them complete freedom to access information without having to wait until they are back in the office.
Even though cloud-based technology ensures construction businesses can operate more flexibly, the industry is historically slower than others in adopting technology overall. With this in mind, what will make the implementation of cloud systems different?
There are many contributors to this delayed uptake. Arguably, one of the most misleading myths is that this level of technology is simply beyond the financial scope and remit of smaller construction companies. However, with cloud solutions, this couldn’t be further from the truth.
Cloud-based technology removes the need to purchase expensive hardware and incur costs for maintaining servers in the future. Instead, cloud solutions work from secure web browsers. A solution such as Eque2’s Construct Express Cloud is available from just £79 per month and is fully integrated into Sage Accounts to avoid duplication of work.
In addition to removing the cost barrier, Construct Express Cloud ensures smaller construction companies can benefit from the same software and functionality used by far larger organisations. And this equal footing is crucial to assuring a transparent, fair and ‘united rather than divided’ construction industry.
Improve Project Margins
But cost isn’t the sole reason why cloud technology can let companies reach new heights. Cloud-based job costing technology safeguards project margins, to reduce over-expenditure and assure stability. For an industry which, due to the complex nature of projects, struggles to keep builds on budget, cloud-based technology is the solution. Not only does a system such as Construct Express Cloud offer complete visibility of all contract information and flags costs spiralling out of control, it records, verifies and reports all CIS payments automatically to make sure tax demands are met accordingly.
With a plethora of benefits including cost saving and the protection of project margins, cloud job costing software is the best solution to ensuring greater efficiency and transparency across the construction industry. With businesses around the world adopting cloud technology to maximise productivity and output, it is high time the construction industry followed suit. Thankfully, with cost-effective, secure and accessible solutions such as Construct Express Cloud on the market, it won’t be long before the entire industry is in the cloud.