Pype, a software-as-a-service (SaaS) construction tech company, has introduced SmartPlans, a platform that employs artificial intelligence (AI) and machine learning to analyze project drawings and extract contract compliance items.
Compiling critical project compliance data found on drawings is a vital step in the planning process. If requirements are missed, projects incur unforeseen costs and completion is often delayed, exposing contractors to risk.
SmartPlans’ computer vision and machine learning technology reads and analyzes PDF drawings that have been uploaded to identify and extract submittals. The system also allows users to easily export product, equipment, and finish schedules to expedite their procurement log and precon planning. This automation serves a second purpose, one at the heart of a contractor’s bottom line: project risk mitigation. Built on an advanced AI engine, SmartPlans compares these captured requirements to those from millions of data points in its cloud, identifying and alerting users of potentially missing critical requirements.
“It's quite common that not all submittal requirements are called out on construction drawings,” said Sunil Dorairajan, Pype’s CEO and co-founder. "By identifying all requirements and deliverables up front, we’re helping to eliminate a major source of project delays. We use AI to identify traditionally required items for specific scopes of work based on years of project data Pype has analyzed. SmartPlans’ is taking potential litigation issues out of the courtroom and resolving them in the meeting room."
“Tackling unstructured data in construction drawings was a major challenge for our engineering and data science teams,” said Karuna Ammireddy, Pype’s CTO and co-founder. “The SmartPlans platform is an evolutionary jump for our technology and represents the use of cutting-edge engineering to solve a real-world problem. We used five years of project data to build and train our AI engine to surface actionable project insights.”
“Artificial intelligence and automation are transforming industries like construction,” Ammireddy continues. “By being at the forefront of this technological breakthrough for construction documents and data analysis, we’re seeing a more proactive approach to project planning that tremendously benefits contractors.”
Pype currently works with over 40% of the ENR Top 400 companies and has been helping contractors dig deeper into project requirements since 2014. Its enterprise-grade software solutions have become a staple in contract compliance and risk management.