AI future for construction

By: Bank Of Baroda
Wed Nov 4, 2020
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Artificial intelligence (AI) has become all but an inevitability for the vast majority of industries and construction is no different. From optimizing work schedules to improving workplace safety to keeping a secure watch on construction facilities, AI in the construction industry is already proving its value.

The global AI in the Construction market is forecast to reach USD 4.51 Billion by 2026, according to a report by Reports and Data. The easy risk mitigation of quality and safety, coupled with the time and cost consumption requirements of the construction industry, will drive growth of the market.

The single most important application for AI in construction lies in streamlining project management, the Achilles heel of nearly all players regardless of their size. Start-ups such as nPlan use ML to analyse construction schedules, determine where the biggest risks lie and then suggest improvements to clients. By utilising all available data in construction schedules, this young construction tech company aims to optimise planning schedules in construction.

Indus.ai Inc. develops and licenses its AI construction analytics platform that counts trucks, material arrivals and measures equipment productivity. The platform provides real-time project controls for reconciling over-billed charges and correcting schedules. Clients have used the platform to reduce delays, increase billing accuracy and optimize resources.

Another start-up Qualis Flow uses IoT and machine learning to track and monitor environmental data on construction sites. Their cloud-based environmental risk management platform allows projects to remain environmentally compliant and make significant monetary savings in the process.

Native to Sweden, Buildsafe provides a digital tool that makes it easy for contractors to report, analyse and resolve risks and disturbances on construction sites. By bringing data into a centralised platform, sorting it and visualising it through graphs and metrics, the company makes it easy to identify trends, track compliance and evaluate suppliers.

Using Augmented Reality (AR) technology to bridge the gap between BIM models and real-life construction fieldwork, Astralink has developed a Quality Assurance platform for the construction industry, Whereas, Dusty Robotics automates the construction site layout process with a mobile robot. It autonomously drives around on a construction site, marking layout as it goes. It produces consistent, reliable results and ensures that crews are always building off of the latest construction documents.

Currently, the benefits that AI can provide are still relatively nascent. In the coming years, we believe AI will continue to drive savings in time, cost and improve efficiency in the construction industry.

Credits : Akhil Handa

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