Real estate is having its Big Data moment. There’s the new MIT lab experimenting with data-driven cities, Chicago’s rollout of sensors generating block-by-block data, and now one of the world’s biggest construction companies, Skanska, will begin leveraging data at construction sites.
Skanska USA is partnering with Smartvid.io, a data-analysis company that uses machine-learning to pull information out of photos, videos, and voice recordings. Skanska plans on deploying this technology in a pilot program across a number of construction sites. Smartvid’s applications will analyze images, video, and sounds captured by work site drones, smartphones, and equipment in order to identify safety, productivity, and quality issues before they become massive problems.