Artificial Intelligence: The Game-Changer for Construction Site Selection
Construction, one of humanity's oldest professions, is experiencing a paradigm shift. The catalyst for this transformation is Artificial Intelligence (AI). Today, more than ever, construction companies are harnessing the power of AI to foster efficiency and innovation.
AI in Construction Management
AI and cognitive technologies are now automating many essential tasks in construction project management. Scheduling tasks is one area where AI is proving to be instrumental. For large-scale, multi-year projects with many moving parts, AI systems manage schedules more effectively through pattern recognition and historical data than humans, preventing costly delays and conflicts.
AI in Contingency Planning
AI doesn't stop at scheduling. It also assists in contingency planning. By identifying patterns and trends in project data, AI systems can predict potential issues and run through multiple what-if scenarios quickly, preparing teams for unexpected situations.
AI in Site Selection
AI's capabilities extend to site selection as well. The AI platform ALICE, for example, allows construction firms to model various scenarios and devise a plan that reduces uncertainty, a technique known as optioneering. With ALICE, companies can bring high-value projects to market faster, reduce risks, and increase profitability.
Case Study: ALICE in Action
One case study revealed that pioneering with ALICE brought a new fab to market three weeks early, providing labor cost savings of 14% and equipment cost savings of 12%.
The Future of AI in Construction
Looking to the future, companies like Buildots are providing AI solutions that use wearable cameras to track the status of construction projects and ensure that buildings are completed on time.
Conclusion
In conclusion, AI is revolutionizing construction project management and shaping the industry's future. As construction companies continue to embrace AI technologies, we can expect further efficiency, safety, and innovation advancements.
References
ALICE Technologies: ALICE for General Contractors
BuiltWorlds: Top AI Companies in Construction
