Canadian Manufacturing

Crane mounted AI arrives to Quebec’s construction sites

Once analyzed, this information will streamline decision-making on sites, optimize processes, improve team productivity and construction site safety, prevent delays, and check the condition of materials.

February 15, 2022   by CM Staff

Deploying artificial intelligence on construction sites takes less than a minute with CREO Solutions and Versatile’s CraneView solution. (CNW Group/CREO Solutions)

MONTREAL — It is now possible to deploy artificial intelligence (AI) and the Internet of Things (loT) on cranes to improve the management of construction sites through a partnership between the Montréal-based firm CREO Solutions, a company involved in project management, and Versatile, an Israeli company, which specializes in collection of metadata to help the decision-making process on construction sites.

A total of $80 million in funding has just been raised to develop the technology behind CraneView, designed by Versatile, which, when mounted under a crane hook, collects continuously thousands of data points using high performance sensors. Once analyzed, this information will streamline decision-making on sites, optimize processes, improve team productivity and construction site safety, prevent delays, and check the condition of materials.

“We believe that facts do not lie, and that using measurable data will make the construction industry’s processes more transparent and efficient,” says Enzo Conte, CEO and co-founder of CREO Solutions.

“Deploying artificial intelligence on construction sites is a logical next step for the improvement of CREO Solutions’ project management services,” Enzo Conte says.

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The $80 million investment is part of the second phase of funding, which comes mainly from technology companies such as Insight Partners and Tiger Global Management. The first part had an initial amount of $20 million.