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The $12 trillion global construction industry is primed for disruption, analysts note. And Saurabh Ladha's company Doxel, is providing it. Doxel monitors construction sites using autonomous robots, quantifies progress using deep learning-based computer vision, and provides managers with actionable insights to eliminate overruns and costly delays.
The $12 Trillion construction industry accounts for close to 10% of Global GDP. Yet, over 90% of big construction projects experience cost overruns that average 80% of original estimates and schedule delays that average 20 months.
They use artificial intelligence based computer vision to identify problems in real time so that their customers can take proactive steps to keep their projects on schedule and on budget.
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