A review of the 'smart technology' currently being explored globally and its potential impact upon the construction industry on a micro level

The following paper will review literature that covers the use of ‘Smart Technology’ and ‘Big Data’ in the context of Smart Cities currently being explored globally. By investigating into the perceived benefits of implementing the digital economy in to essential infrastructure the paper will look at how the construction industry can benefit. The literature covered found that through the adoption of Smart Technology within a Smart City framework there are benefits available for all industries; such as greater efficiencies and forecasting ability, resulting in savings. However the integration of real time data on-site could possess great potential for construction managers as they look to make more informed and accurate decisions. However the extents of the benefits are unclear as many pieces of literature state that the potential use of Big Data is almost unimaginable currently. Urbanisation is forcing city authorities to adopt more strategic approaches to their decision making processes which has resulted in the emergence of ‘Smart Cities’. Case studies around the globe have shown promising and innovative potential for a range of stakeholders. These are promising signs for the industry as it still seeks considerable investment and testing before it can be scaled up. However further work should look to investigate first-hand how construction managers could benefit from open source ‘Big Data’ collected by city authorities. This would add evidence to the many theoretical benefits that are possible.