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Construction Tech Review | Wednesday, July 08, 2020
The construction industry is responding to challenges with the help of AI-driven solutions and finding the best-suited applications.
FREMONT, CA: Extensive development in technologies like Artificial Intelligence (AI) has paved the way for its widespread adoption. The construction industry also has been undergoing a slow transformation and finding relevant application for AI. The companies involved in construction can use artificial intelligence in a range of areas like design, construction, as well as asset management. The technology is already enabling the industry to overcome many recurrent challenges.
One can notice a shift by considering the way the industry is currently applying AI. Construction startups have started using smart project management solutions that allow companies to schedule and optimize projects. Another common usage of AI involves evaluation of video footage from worksites to identify areas of concern and improve safety. Real-time analytics solutions that use AI have also found their way into the construction industry. These help companies to improve decision-making, cut costs, and carry out preventive maintenance.
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Data is critical for the deployment of AI. Currently, this is also one of the limitations that construction companies face since newer and smaller firms have a limited amount of data. A probable solution for this could be the entry of third-party service providers who can help companies source external data and train their AI systems.
Artificial intelligence-based solutions have a significant advantage of being versatile. The construction industry can use the solutions that other industries are currently using. The transportation industry uses route optimization algorithms for optimizing routes. Construction companies can apply these to plan and schedule the transport of raw materials. Predictive applications of AI that many industries already use can help the construction sector predict and test materials and stability of structures.
The manufacturing industry has been using AI to enable smarter supply chain and inventory management, and the results have been impressive. The construction industry can also use these solutions to optimize their supply chains and control costs. As the trend of prefabrication and 3D printing become mainstream, automation, and robotics driven by AI will also make an appearance.
The technology of AI is ideal for bridging many gaps in the construction industry. It will be safe to say that firms in the industry will have to leverage AI to stay relevant and financially feasible.
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