Riyadh, Saudi Arabia: Leading construction technology company, WakeCap, will highlight its commitment to smarter and safer construction at the Construction Technology Forum (CTF) KSA 2024, scheduled for October 23, 2024, at the Crowne Plaza Riyadh RDC Hotel & Convention.
Dr. Hassan Albalawi, CEO and founder of WakeCap, will present a briefing titled 'Building Smarter,' focusing on how technologies such as real-time data analytics, wearables, IoT devices, and AI-driven platforms are enhancing productivity, transparency, and safety in the construction sector. He emphasized that technology is no longer an accessory but an essential tool transforming project management.
WakeCap's platform enables construction owners to integrate systems and utilize real-time data, leading to improved decision-making and operational efficiency. The integration of various systems allows for better coordination among teams, ensuring all project stakeholders have access to real-time updates, which enhances communication and reduces errors.
Dr. Albalawi illustrated this with a case study from the Middle East, where a client improved workforce tracking and resource allocation, reducing idle time by 15% through WakeCap's integrated systems. He noted that real-time data visibility is invaluable for assessing project progress and enabling proactive decision-making to avoid delays.
Recent findings from the 2024 Global Construction Safety Report indicate that companies utilizing real-time safety monitoring experienced a 35% drop in workplace accidents, significantly boosting productivity by minimizing project downtime. Additionally, WakeCap's system has shown an 18% increase in site productivity on a major European infrastructure project.
As a lead sponsor of CTF KSA 2024, WakeCap is set to contribute to discussions on the future of construction, advocating for the adoption of technology to unlock new levels of efficiency and safety in the industry.