# Quantitative Data Analysis Can Help Avoid Water Risks in Construction Projects and Save Money

Published 2023-07-24 · Updated 2026-05-19 · Professional AV on MarketScale
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> The intersection of engineering, technology, and real-world challenges in the construction industry is often overlooked, yet it bears profound impact on project costs and overall efficiency. Advanced solutions such as predictive analytics, data visualization and remote sensing are no longer just industry jargon. In fact, they’re pivotal tools addressing critical issues such as water…

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The intersection of engineering, technology, and real-world challenges in the construction industry is often overlooked, yet it bears profound impact on project costs and overall efficiency. Advanced solutions such as predictive analytics, data visualization and remote sensing are no longer just industry jargon. In fact, they’re pivotal tools addressing critical issues such as water leakage detection in major construction projects. 

By utilizing such high-tech applications, companies can now monitor their construction projects and sites in real time, obtain a holistic view of their project, and take strategic steps to mitigate risk, thus saving millions of dollars. [David Simkins](https://www.linkedin.com/in/david-simkins) is the Director of Engineering and Technology at [Polygon.](https://marketscale.com/shows/polygon/) He is also an expert navigating the interface of technology and practical problem-solving and shared some of his thoughts on the subject.

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