Procore Acquires Construction Artificial Intelligence Company, INDUS.AI

WIRE)--Procore Technologies, Inc., a leading provider of construction management software, today announced it has acquired INDUS.AI, makers of an artificial intelligence-powered analytics platform for the construction industry. This acquisition adds computer vision capabilities to the Procore platform, helping owners, general contractors, and specialty contractors realize greater efficiencies, safety, and profitability. Terms of the transaction are not being disclosed. The construction industry is undergoing a digital transformation. While this transformation is producing mountains of previously inaccessible data, up to 96% of construction data goes unused.