AI Construction

Construction.

It is one of the largest markets in the world and looks ripe for disruption from advancing information technology and machine learning. Consider:

  • Only 3% of a construction site is active.
  • Construction productivity has declined for 30 years in many markets.
  • Large construction projects are 80% over budget and 20 months late
  • $10t spent per year and growing as a % of global GDP.

Until ALICE, a key component missing within the construction technology was the agility to create alternate execution plans quickly, which is arguably the most essential piece to improving project success factors

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