Artificial Intelligence is going to transform the construction business in every possible way. Period!
Artificial Intelligence in the construction business, taking into account the industry’s entire landscape, is estimated to swell at a rate of 35% a year for the next ten years. Let me break down a simple key stat for you to help you get a comprehensive picture. According to a new report by Reports and Data:
Global Artificial Intelligence in the construction market back in 2018 was USD 429 million.
Global Artificial Intelligence in the construction market will reach approximately USD 4.5 billion in 2026.
The easy risk mitigation of quality and safety, coupled with the time and cost consumption requirements of the construction business, will stimulate the growth of the market.
Various diverse fields have benefitted hugely by acknowledging and embracing the power of technology. The construction business will also see a rapid rate of change from all perspectives. Dominant industry trends and technologies will continue to empower working dynamics and processes involved in the construction business, helping the industry reach its full potential.
So how does Artificial Intelligence fit into the world of the construction business?
The Three Musketeers – Cloud. Web & Mobile App. Jobsite Cameras.
With easy access to cloud services, construction companies can manage their projects in a streamlined manner. The key to successful project management is accumulating accurate data. Then, executing the tasks based on that captured data. The cloud here acts as a single source of truth repository.
Subsequently, construction companies accumulate an immense amount of data via cloud-connected cameras. This helps them to elevate the site’s safety, quality, and productivity activities. With the help of a mobile connection, the surveillance cameras send the video footage back to the cloud near real-time.
It is then that all the data can be viewed and managed in the desktop and/or mobile web app. The user can view the complete operational data in a single dashboard. It can even be used to supervise objection detection and control camera angles. Furthermore, export the data for other purposes. This centralized and organized process helps the construction management to have a clear understanding of the current state of affairs on the site.
The aforementioned mechanism boosted by the power of Artificial Intelligence propels the business within the construction industry in three crucial aspects – SAFETY, PRODUCTIVITY, QUALITY.
Cloud-connected cameras capture every detail and movement occurring daily at a construction site, even at the worker level. Now live monitoring of the activities is the best bet for maintaining a safe environment. However, continuous live monitoring on a human level is not possible. Monitoring at a cent percent attention level 24/7 is impossible from an employee(s) perspective.
However, AI can assist in monitoring construction feeds without the requirement of a human operator. This opens a variety of safety norms, previously deemed to be impossible to achieve.
Personal Protective Equipment (PPE) – The AI can analyze the video footage and detect and identify the workers violating PPE rules on the site, e.g., not wearing hard hats, high visibility vests.
Social Distancing – Just like the PPE detection, identification of workers not complying with social distancing gets managed with 100% compliance.
Danger Zones – Open pits and standing water gets recognized in the AI-empowered camera footages. Fall hazards get detected thoroughly, and alerts get sent out as warnings immediately to the workers in the vicinity.
With data like job reports, cost evaluations, project designs, and camera footages, all accessible via the cloud, it’s conceivable to analyze this data and take actions that increase productivity. However, many construction organizations do not have enough in-house expertise to parse through all their data. Artificial Intelligence here helps by ingesting these diverse datasets, providing suggestions that reduce cost and increase efficiency.
Revenue Projections – Artificial Intelligence inspects historical accounting records, industry trends, and economic data points to predict future revenues for a specific company.
Cost Estimates - Artificial Intelligence analyzes historical bids for projects and determines trends.
Examining Documents – Artificial Intelligence can expedite document search and examination within mobile applications and websites that construction firms use daily. AI can analyze and interpret each image and video within a document repository and mark it with tags that make search more convenient.
Resource Tracking – With enough cloud-connected cameras on-site, tracking of the movement and operation of workers and equipment can be surveyed, managed, and checked upon competently. Traditionally, construction companies would place a GPS tracker on their critical equipment. However, these trackers are costly, so their ROI is only befitting for high-risk or expensive equipment. Artificial Intelligence can power cameras to count workers, identify vehicles, distinguish work activities, etc.
All these Artificial Intelligence rendered data points give construction companies a superior synchronous picture of their site.
With construction workers bringing mobile phones to the site, inspections, training, and documentation can be processed smoothly in the field. AI helps with this transformation to mobile by making inspections less subjective, making training more tailored to each worker, and documentation more regular.
Job Execution – Many construction companies employ mobile applications to track the assigned jobs. The practiced documentation process grants transparency to the customer and protection to the construction company. Artificial Intelligence can also help address the workers with real-time feedback too, which in totality raises quality and reduces costs associated with needing to revisit a job site to fix previous work.
Training – Some construction companies use e-learning to train workers on new equipment. Artificial Intelligence can help with this process by tailoring learning content to each worker.
Fraud Detection – Job records like invoices, field records, and work orders often contain crucial accounting data like costs and quantities. With Artificial Intelligence exceeding outdated fraud detection models, companies can now learn when employees or vendors manipulate financial information.
All in all, Artificial Intelligence can empower designers and builders to take action on the enormous amount of data collected on modern construction sites. Ultimately AI will allow companies to have a systematic and streamlined process by taking action on serious safety, quality, and productivity initiatives previously unfeasible.
Hong Kong-based viAct makes Artificial Intelligence for Construction Safety simple and effortlessly applicable. It helps construction sites perform 24/7 monitoring with an AI-based cloud platform that combines computer vision and a mobile app.
viAct uses AI + IoT + 5G with vision technology to optimize construction safety, productivity, and quality with 100% compliance.
You can now avail of the free trial to know more - https://app.viact.ai/signup
We focus on deploying computer vision technology for cost-saving, workers’ safety, and productivity enhancement in the construction and manufacturing industry. Get updated with the latest technology news and their on-going efforts to the community in the construction and manufacturing field on https://www.viact.ai/blog-1