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construction industry

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Application cases in construction industry

Artificial intelligence can be found in buildings throughout the project life cycle, including startup and design, bidding, financing, transportation management, and operation and asset management.

Through AI enhancement analysis, the productivity of construction companies can be increased by 50%. This is good news for construction companies, because they can't find enough workers to complete the work, which is the practice, not the exception, for these companies. According to CNN, the industry is facing a shortage of more than 1million workers in the United States, and it is difficult to retain them. According to the U.S. Bureau of labor statistics, the average monthly turnover rate in the construction industry is more than 5%, while the average monthly turnover rate in other industries is less than 4%.
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