The immense potential of AI in construction industry

The infrastructure and construction industry is undergoing a lot of seismic transformations that will change its essential character and redefine the industry – which has conventionally traversed at a snail's pace in incorporating innovative technology – to maximize utility, boost productivity and streamline delivery. BIM is already playing a crucial role in this drastic transformation of the construction industry and making it more efficient, reliable, accurate and cost-effective as well as sustainable. The further digitalization and automation of the construction industry would involve synchronization of Artificial Intelligence (AI) and BIM. As per a recent study by McKinsey, there is both tremendous scope and an unparalleled demand for specific technology solutions based on AI-powered algorithms and analytic methods. AI would assist the construction industry in combatting some of the biggest recurring challenges that it has to face, including project schedule delay, accuracy margin, and safety considerations.