For a while now, construction and building management are stepping up to leverage cutting edge technologies to their advantage. The possibilities that AI and ML can enable for real estate industries are multifold
Fremont, CA: The advent of Artificial Intelligence (AI) and Machine Learning (ML) has revolutionized the role of digital technology in business operations. These cognitive technologies have enhanced the value addition of digital processing power and computing- from pre-programmed process automation to turning data into actionable insights. AI is enabling businesses to be more responsive and transparent and to obtain valuable insights into customers, markets and processes.
For a while now, construction and building management are stepping up to leverage cutting edge technologies to their advantage. The possibilities that AI and ML can enable for real estate industries are multifold. Visual AI can enhance the efficiency and safety of construction sites by giving developers a clear overview of their projects. Cognitive technologies and Visual AI-empowered deep learning can initiate data-driven decision making, resolve claims, and maintain coordination among diverse teams, etc.
However, let us look at the significant applications of Visual AI in real estate:
Project Assessing and Monitoring: Construction businesses can better assess and monitor a project provided the ability to learn from each stage and every aspect of the project. Visual AI is able find out variations from plans and verifies outcomes more accurately. It also helps in forming the diverse teams and processes involved in projects.
Design and Planning: Deep learning insights, delivered at the initial stage of project design and planning, can help in preventing the occurrence of any major errors or inefficiencies. Visual AI has the power to empower and transform the process of construction project design and BIM modeling.
Safety Concerns: It is a constant concern as construction sites involve a lot of heavy equipment and large workforces to be in close proximity. Though safety procedures have been polished to exacting standards in the industry, human errors and equipment failures can lead to major accidents. Constant monitoring with help of Visual AI can enhance safety, reducing the possibilities of such mishaps.
Robotics and Automated Equipment: Automated mechanized elements are an essential part of any modern construction project. Machine learning empowered by Visual AI can enable these automated mechanized elements to operate at supreme efficiency and capabilities.
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