Building a Better Future: Larry Clay on the Advancements in Construction Technology

Despite historically not being at the forefront of technological innovation, the construction industry has made notable strides in recent years.

These advancements have led to increased efficiency for construction companies, from improved safety training and accident prevention measures to the use of augmented reality for building assistance.

Furthermore, technology has helped mitigate the effects of labor shortages and improve overall operational efficiency.

To gain further insight on this topic, we interacted with Larry Clay, an expert in the construction industry.

Let Us Quickly Get To Our Expert’s Point Of View.

Question 1: How do you see the construction industry in the year 2023? Do you think this year will be a “digital year” for construction professionals?

It depends on your location and niche. I think spec builders are nervous with the talk of a recession.

Custom builders and renovators are busy depending on our area but know that other parts of Canada/US are experiencing a challenging market. Clay Construction will be busy as we have many homes in the pipeline.

We are online and offer a portal for clients on BuilderTrend. They have access to quotes, invoices, budgets, schedules, and daily logs.

QR codes have been implemented on-site for trades to access plans, interior design drawings, structural, wall/ceiling photos before drywall, etc. I see a slow transition to digital in our industry.

Question 2: The construction industry has undergone dynamic changes over the years. What do you consider as the biggest challenge for this industry now?

Over the next 10 years, we need to double our current production to build 3.5 million homes in Canada. We don’t have the people to do this. We will need to start building more efficiently, and this may require offsite construction, including prefab and panelized homes.

The industry has been focused on operational carbon, but the next focus will be embodied carbon, and we need to do this affordably.

We need also to be focused on retrofitting existing homes because 75 percent of the building stock in 2030 will be composed of buildings already standing today.

Question 3: What potential do you see in the latest construction technology trends? Are they capable of boosting the productivity of construction professionals?

Prefab and panelized construction mentioned above.

Question 4: Where do you see the construction industry in the next five years? Please share your valuable insights with our readers.

We are continuing to build more efficiently.

1. Different materials. Wall assemblies that will dry and homes will be more airtight, making an HRV/ERV necessary for every home.

2. Better windows.

3. Move towards more insulation.

4. Move towards using materials with less embodied carbon.

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Question 5: In four words or less, what’s your prediction about the transforming construction industry?

I have never done anything in 4 words or less. Essential, polarizing, innovative, and prosperous.

Question 6: What's your success mantra?

Educate, innovate, and empower.

More Details

Larry has generously shared his knowledge and experience through appearances on several podcasts, providing valuable insights to assist startups in building their brands and companies effectively.

With his exceptional project management skills, structural design expertise, and exceptional leadership abilities, Larry has been instrumental in propelling his brand to success in the market.