The construction industry inherently generates colossal amounts of data. However, a significant portion of this data often remains underutilized or locked within siloed formats, such as spreadsheets.
Now, artificial intelligence (AI) is emerging as a game-changer, revolutionizing how the industry manages and leverages information. The adoption of AI empowers construction teams to:
- Accelerate Decision-Making: Rapid and accurate data analysis supports more timely decisions.
- Enhance Profit Margins: Process and resource optimization contribute to cost efficiency.
- Improve Project Outcomes: Better risk prediction and resource management lead to successful project completion.
New research from Dodge Construction Network (Dodge) and CMiC highlights this transformative impact of AI. The study reveals a strong belief among contractors regarding AI's capability to drive comprehensive change across the entire construction sector.
