Imagine if you could predict which 20% of your projects are about to experience 80% of your incidents in the following week so you could head those problems off before they happen. That is the aim of Boston-based startup, Newmetrix. In this BuiltWorlds Sessions episode from our 2021 Summit, we had the opportunity to meet Josh Kanner, CEO and Co-Founder of Newmetrix and here is reflections on how artificial intelligence in construction has changed and is continuing to change the way we are able to monitor our projects at an enterprise level, as the industry moves through three waves of data analytics: IoT-enabled data collection, cloud-enabled object recognition, AI-fueled predictive analytics.
With a long history in the industry, Kanner was co-founder and COO of Vela Systems, a company that deserves significant credit for bringing Building Models from the office into the field, during a period when iPads were first debuting. By extension, Kanner and his team at Vela deserve significant credit for the current wave of cloud-based, mobile systems that are gaining dominance in project management in the industry. Having pioneered the use of modeling information in the field, Kanner then went on to become one of the very early leaders in the field of AI in construction, founding Newmetrix in 2014.