In a sign of continued interest in technologies for tracking work progress and keeping on schedule, Israel-based startup Buildots announced that it has raised $60 million in a Series C funding round.
The pandemic has forced many asset owners to demand better models and maintenance of their infrastructure assets, giving engineering firms an opportunity to be data curators and analysts for everything from water systems to energy grids, executive says.
Recent advancements in machine learning provide advice on bidding, scheduling and labor allocation, pointing the way to a more data-driven project life cycle
Getting the most out of a gas turbine is key to managing power grids around the world, where shaving seconds off start-up and shut-down times keeps utilities afloat.
Much of the research for AI in design and construction targets the project itself, making the most of the large volume of data collected during project life cycles.