A New Startup Claims to Have Created an AI Product that Can Catch Mistakes in Construction

A New Startup Claims to Have Created an AI Product that Can Catch Mistakes in Construction

A New Startup Claims to Have Created an AI Product that Can Catch Mistakes in Construction

Posted on March 23, 2021

A New Startup Claims to Have Created an AI Product that Can Catch Mistakes in Construction

How much would be saved if there were no more construction mistakes? How many lives could be saved if a machine or AI could determine where weaknesses and issues occur? Avvir, a startup that uses laser scans to and Artificial Intelligence to find construction mistakes, believes that they can make a huge difference. As supporter of private equity firms, mortgage companies, and fund disbursement companies, amongst others in the industry, Fund Control is keeping a close eye on this.

Mistakes Can Be Extremely Costly

There is no question that mistakes can be very costly in the construction industry. One study found that 5% of the average construction professional’s time is wasted on nonproductive activities. These include looking for project info, resolving conflict, and dealing with errors and rework that must be done. The study estimated that these issues cost the industry more than $175 billion in labor in 2018 alone.

Avvir Believes They Have a Partial Solution

Founded in 2017, Avvir has created a platform that can look at construction progress to find potential budget and schedule overruns. Customers can send their fabrication models to Avvir, who then deploy mobile lasers able to scan more than 30 square km in an hour – even with construction ongoing.

Custom computer vision algorithms are then used to compare photos and scans with the building plans to find and catch errors and potential delays. According to Avvir, this program can find construction issues such as unlevel floors to 1/8th inch of accuracy.

More About This Innovative Option

They are looking to refresh bills of materials with their laser scans and to then track real-world changes as they happen. The platform is even able to automatically push updates to models so that the percent complete of projects can be monitored. They then track the progress on systems using color renderings that clearly show what parts of the building are completed and which are not.

What Other Innovative Options Will See Us into the Future?

At Fund Control we are always on the lookout for the latest innovative option. In our years of experience, we have found unique construction advancements, interesting economics changes, and much more. Check out the many features of Fund Control to learn more about how our software is leading the charge in our own industry.

If you would like to receive a free demo so you know exactly how our product can help in your specific company, just give us a call at 800-625-5972 and we can get started right away.