Construction companies must control and standardize their data to make AI tools work
Construction firms looking to leverage the power of AI need to get their data houses in order, according to a recent report. Buildots' VP of Industry Transformation, Amir Berman, emphasizes that simply throwing money at technology isn't the solution. The real key to success lies in actively managing and standardizing data, turning it into a strategic asset rather than a chaotic byproduct. This shift requires construction professionals to take ownership of their data strategy, demanding structured information as a final deliverable.
The challenge highlighted stems from incompatible data formats, like cost codes in accounting software not aligning with BIM models. This disconnect prevents AI from delivering valuable insights that could optimize project management, reduce costs, and improve efficiency. Berman argues that the construction companies that will thrive in the future will be those that prioritize data standardization and management, enabling AI to unlock its full potential. This means embracing a proactive approach to data governance, rather than relying on technology vendors to solve the problem.