Rakesh Bisht
Rakesh Bisht Rakesh Bisht is an Innovative Marketing Professional and Technology Whiz who closely follows the latest mobile app development technologies at Techugo. He explores new technologies, and shares his knowledge through writing.

Visual AI Set To Improve Safety & Efficiency In Real Estate

Jun 25, 2020 · 6 minutes
Visual AI Set To Improve Safety & Efficiency In Real Estate

This is how Visual AI is bringing in change in real estate. If you want to know more about the technicalities then feel free to reach out, but until then stay tuned for more updates.

When it comes to improving the processing of Real Estate, visual artificial intelligence can play a huge role in enhancing efficiency!”

The world is dwelling in the pool of advantages provided by artificial intelligence and machine learning. It has entirely changed the role of multiple business functions. In real estate, it is improving the safety of the construction sites, by providing the developers with a completely transparent overview of the project. AI and ML have together boosted the total value of computing and digital processing. The functions have come a long way from pre-programmed process automation to completely changing the information into actionable details.

AI technology is allowing businesses to;

  • Achieve system transparency
  • Gain valuable insights into customers, processes, and markets
  • Become ultra-responsive in real-time

The apps created on this tech expand their capabilities, and hence it can also be merged with the human users and the machines with the help of several interfaces. Let us consider one example of Audio AI. It permits humans to seamlessly interact with all the machines that are operating with the help of algorithms developed with natural language processing. When simple communication is established between the machines and humans with the help of speech, it develops an opportunity to create a spectacularly intuitive and accessible interface.

When it comes to establishing a strong foothold in the market of chatbots, Audio AI has played a crucial role. It has provided businesses with an immaculate, efficient and consistent customer service. In order to formulate intelligent responses and fetch actionable details, the combination of Audio AI and ML is structuring the latest generation of chatbots. Chatbots learn continuously with recursive learning. With this, we can observe continuous improvement, and even apply predictive analytics, in order to make accurate decisions. Cortana, Alexa, and Siri are a few of the popular digital assistants. These chatbots have transcended user service so that they can provide better applications. They also improve the flexibility of services more than traditional interfaces.

The advancement in technology has allowed the user base to indulge in productive and dynamic interactions, without the need to depend on any sort of specialized skill, knowledge. Now the upcoming generation of Audio AI can include elevated interfaces, quick transcription, and also the application that turn Big Data into natural language stories.

How Visual AI Is Bringing The Change In The Business World?

On one hand, where Audio AI provides power to the machines and the digital resources to communicate with humans, Visual AI delivers them the power of perception. It can be assumed as a means of the machine to make the most of the visual data and fetch out useful insights from the same. When we talk about the possibility of the applications for Visual AI, then it is endless.

It delivers the process with the ability to create customized deep learning tools. Though the customization of the tools it is easy for them to find predetermined results. The possibility of the apps is endless. Let us take a look at the few;

  • Customer assistance
  • Medical diagnosis
  • Crowd control
  • Visually enabled testing for industrial use
  • Virtually any automation that can be enabled further using images/ video as input

AI technology has the power to sort and go through the entire set of data present in visual information. All the analyses can be used to train an algorithm. With this, the processes can successfully evaluate and derive results in the real world, as the ultimate goal is to refine the learning.

 

Here Is How Visual AI Support Intelligent Builds In The Real Estate Industry

For a long period of time, companies engaged in construction and building management were not able to make the most of the cutting edge technologies that are leading the digital transformations. But now, the sudden wave of digitalization in this seems like they are making up for the lost time. Because of the nature of the organization of constructing spaces, and the rest of the methodical processes that are included in fabricating, the possibilities of integrating AI and ML are multiple.

There is no doubt in the fact that Visual AI can play a huge role in enhancing the advantages, safety, and efficiency of the major construction sites. By delivering the constructors with a clear and transparent overview of the project, a lot of positive changes can be experienced. Visual AI with other cognitive technologies can easily be empowered with the help of deep learning, can play a huge role in helping;

  • Push data-driven decision making
  • Improving project profitability
  • Coordinating diverse teams
  • Resolving claims in a quick and effective manner

What Do The Applications For Visual AI Contain Of?

1. Robotics and Autonomous Equipment

All the automated mechanized elements play a crucial role in any sort of the modern construction project of real estate. Machine Learning (ML) that is supported by Visual AI has a lot of power in-store to enable these assets. This allows them to seamlessly operate at a much greater efficiency and capacity.

2. Project Monitoring

The power to study and learn from every stage, and analyzing every aspect of a project has a huge ability to change the capacity of real estate to monitor, observe and assess carefully. All of us know that Visual AI can seamlessly identify any sort of deviations happening in the plan. It can hence verify all the possible outcomes with a great degree of accuracy. This permits the diverse teams and processes that are involved in projects to have better coordination amongst each other.

3. Design and Planning

Every bit of deep learning insights that are delivered during the project design and planning stage, can prove revolutionary in preventing some of the biggest errors or any other possible inefficiencies. Visual AI is a tool that provides design by empowering BIM modeling of the entire project.

4. Safety

Sites consist of heavy equipment and large workforces. Safety hence needs to be refined in order to meet the standards in the industry. Of course, there are always a few shortcomings present because of human error or equipment failure. Visual AI is an effective tool to deliver safety with the help of regular monitoring.

This is how Visual AI is bringing in change in real estate. If you want to know more about the technicalities then feel free to reach out, but until then stay tuned for more updates.

 

 

 

 

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