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Improving construction data practices and finding new ways to use machine-learning and other advanced algorithms in projects has been a hot topic in the industry, but some firms are already seeing real benefits. That was the consensus of a panel of experts convened for ENR’s 2021 Top Young Professionals conference, held Feb. 24-26.
Parking structures can often be an afterthought in larger projects, but the hidden costs of delays and design changes can upend an otherwise simple structure.
As more firms store their project data in the cloud, it offers the chance to dig through that data for new insights. Oracle has already offered some limited business intelligence dashboards for its cloud service, but the technology giant is now bringing machine-learning advice to company's scheduling and project data.
Applying AI to planning requires a trove of data, and many power utilities have the operational data necessary to begin the kind of advanced analytics machine learning can provide.