New technological solutions to support the competitive advantage of construction companies in Bosnia and Herzegovina

Davor Radivojevic, Muharem Kozić

Abstract


In order for construction companies to gain a competitive advantage, they need to monitor real-time operating costs, using the latest IT tools. This paper will propose only a part of new technological solutions such as: internet of things and drones that can provide the construction company with more real-time data. This data, if processed, can provide knowledge and competitive advantage to construction companies. In this paper we will present some of the results of the research we conducted in construction companies in 2019 in Bosnia and Herzegovina. In order to look at at least part of the situation in the country, we will list some of the indicators related to the competitiveness of Bosnia and Herzegovina. If construction companies want to provide a more competitive business, they must use intelligent real-time information systems in their operations.


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ISSN : 2251-1555