Indus.ai provides the first Artificial Intelligence system for the construction industry that uses intelligent computer vision algorithms to process real time video feeds provided by cameras pointing directly at construction sites. Indus.ai trains its software to look, analyze, and understand important onsite construction events (such as counting how many excavators are filling trucks, who entered which construction site gates and at what time, tracking arrivals and departures from the site, identifying the types of truck that are arriving at the site, etc.) Builders and Construction Project Managers can now have a more comprehensive, transparent, and real time awareness of the construction project status, understand important on site events and reduce overbilling, as well as avoid cost overruns.
Acquired by Procore Technologies Inc (NASDAQ: PCOR)