Colliers leads AI revolution in construction with remote monitoring tool CoGence

Real estate advisor, Colliers, has been carving a niche in the tech space with its AI-enabled platform CoGence. Designed to detect anomalies at construction sites and generate a high precision quality report, the tool is widely being applied at several of the firm’s projects. The latest evaluation of the platform recorded 79% reduced project delays, 91% early defect detection, and 91% savings on on-site visits and monitoring.

With 99.9% accuracy, the AI tool is a game changer for the construction industry. Users can download as-builts in 2D and 3D and manage them on Autodesk products like AutoCAD and Revit. CoGence has the ability to scan 50,000 sq.ft. base built or 20,000 sq.ft. fitted out space of floor plate in 30 minutes.

📅 Published on: 08 November 2023
📖 Published in: NBM&CW November 2023
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NBM Media

30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.