There has been talk about artificial intelligence (AI) making a difference on jobsites for many years but the reality has been far from the stories told. However, in recent months we have seen some interesting developments that may mean that we are one step closer to actually harnessing interesting AI technologies for the jobsite.

Keep reading to learn about three of the ways that AI may change construction sites for lenders, workers, and everyone in between. If you have questions about the latest in fund control options, contact Fund Control at 800-625-5972 for a free demo of our products.

1. Making Job Sites Safer

First and foremost, it is important to realize that AI can make jobsites much safer. Safe jobs are essential for everyone involved in a construction project, from the funder to the workers. Construction does not take place in a controlled environment and it is difficult to deal with constantly changing situations. Having workers who may not be as experienced as they should be can cause even more issues.

There are many types of technology that can help make these jobsites safer. From wearables to drones, from site sensors to exoskeletons, there are many things already being done. New items are being added to jobsites too, such as image recognition software that can scan workers to ensure they are wearing the property equipment.

2. It Includes Autonomous Construction Equipment

As is true of self-driving cars, construction equipment can run itself when it is autonomous. This can help to boost safety, boost efficiency, and is a reasonable response to the ongoing lack of skilled labor in the construction industry. You will find that all of the major heavy equipment manufacturers are making major investments into creating self-operating machines that can handle everything form sitework to paving.

3. AI Can Help with Planning and Scheduling

As a leader in the fund control and construction management industry, at Fund Control we have long been encouraging businesses to focus on planning and scheduling if they want to increase their bottom line. A simple issue with a lack of planning can have a serious impact on the deliverable of a job.

Today, scheduling assistants (AI products) can help run data through millions of schedules to find the right criteria and parameters to use for a particular project. It is then up to the companies involved to make adjustments as needed.

At Fund Control we are keeping an eye on the newest advancements in AI. We are committed to helping our clients find the right solutions to the unique issues they face. If you are wondering about fund control and other services we offer, we welcome you to contact Fund Control at 800-625-5972 to learn more.