Artificial intelligence is enhancing construction industry infrastructure deliverables by providing valuable – and possibly life-saving – insights. The American Society of Civil Engineers recently learned more than 56,000 bridges in the United States are structurally deficient.
One technology firm is using AI to watchdog bridge issues before they can take hold. It provides “actionable intelligence” for construction industry personnel by providing instant alerts if there are irregularities.
Risk Mitigation for Your Construction Industry Organization
Optimizing work schedules is one of the most common ways construction industry managers utilize artificial intelligence. But risk mitigation is perhaps more valuable.
Using machine learning, organizations are able to spot and catch potential issues faster than humans. When it comes to scheduling, the use of advanced AI can help to prevent costly delays on sites or amongst suppliers, vendors, and others involved in the process. –Forbes
One way jobsite supervisors use AI is for what-if scenarios. It can forecast potentials for problems and then devise strategies to manage them.
AI-enabled systems can provide jobsite security for equipment and employees. Facial recognition can spot unsafe behavior among workers and monitor tool theft.
Traditional analytics are entering a new realm of possibilities. Artificial intelligence will drive the next generation of construction industry management.
Can AI Help Our Dwindling Workforce?
The construction industry is facing a workforce shortage and talent crisis. AI can “identify potential leaders, predict attrition rates, or identify employees in danger of leaving,” says a recent McKinsey study. You can make data-driven decisions to drive better human resources management.
Data-Driven Decisions for Construction Industry Successes
Construction Monitor is the leading resource for construction industry leads. But if you don’t use it, you’ll lose it. Opportunities, that is.
Make this year the year you tighten your business operations and chase every opportunity. Forge new relationships. Mentor startups and seek guidance from larger, successful organizations.
Use Construction Monitor data for:
- Current jobs
- Future projects
- Historical trends
- Your competitors’ market shares
Don’t let another week pass without making data-driven decisions to increase profits. Contact Construction Monitor.