Buildots, an AI construction technology company, has unveiled its new Portfolio Dashboard.
This AI dashboard is designed to provide construction companies with a unified and objective view across active projects, facilitating better collaboration and data-driven decision-making.
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Portfolio Dashboard is stated to address a significant challenge within the construction sector: the difficulty in obtaining a clear understanding of project status due to subjective and disjointed information sources.
This often hinders the ability of construction leaders to identify and mitigate risks before they escalate, and complicates collaboration with site teams and other stakeholders.
Buildots’ new tool is said to offer three core benefits to construction teams: early warning signals that provide objective alerts before problems worsen; standardised reporting across all projects for performance comparison and resource allocation; and objective oversight with context due to AI-driven progress tracking that includes team commentary and mitigation plans.
The dashboard offers a transparent view of project status, progress trends, and concise updates from project leaders, allowing for in-depth analysis and collaborative planning to address delays and implement effective mitigation strategies.
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By GlobalDataThis tool is claimed to be the industry’s first capability to support a Performance-Driven Construction Management approach across project portfolios.
Buildots co-founder and CEO Roy Danon said: “At Buildots, our mission has always been to transform construction management through data-driven insights.
“With Portfolio Dashboard, we’re enabling construction executives and their teams to shift from firefighting to foresight, allowing them to work together to more expediently and effectively assess the health of their projects and address issues before they cascade into major problems.”
Currently, Portfolio Dashboard is available to select enterprise clients.
This launch follows Buildots’ recent completion of a $45m funding round, which will further the expansion of its platform capabilities.
