Inclus at the Forefront of AI-Driven Risk Management in Construction
The World of Digital Built Environment (WDBE) Summit 2024 brought together industry experts to explore the future of digital transformation in construction. Spanning two days across Helsinki and Tallinn, the event offered a rich program, featuring keynote speakers, community sessions, networking opportunities, and a prestigious award ceremony. The summit recognized outstanding digital initiatives in the built environment from the past year, celebrating the innovative advancements shaping the industry.
Enabling an AI supported risk process
Inclus had a presence at the event, with Sami Kärnä delivering a presentation on AI-driven risk management in construction, showcasing how AI can transform project safety, efficiency and collaboration.
The AI-powered solutions from Inclus assist organizations throughout the entire risk management process. In the risk identification phase, the AI generates valuable risk suggestions by for example analyzing data from past projects, enabling early detection of potential challenges. It also allows integrating qualitative insights with hard data, helping uncover blind spots in human decision-making, which is essential for improving risk assessments.
During the risk analysis phase, Inclus AI offers advanced analytics that provide deeper insights, empowering organizations to make more informed decisions. Furthermore, it streamlines the action planning process by generating actionable mitigation measures, saving time and effort while enhancing the effectiveness of risk management strategies.
Managing risks in complex projects
Inclus AI is especially beneficial for the complex and multi-stakeholder nature of construction projects. Given the financial risks associated with delays or unmet objectives, proactive and inclusive risk management is crucial. Inclus ensures that all parties – internal teams, external stakeholders, and subcontractors – can collaborate effectively to identify and mitigate risks that could jeopardize project success.
Among the standout features of Inclus’ risk management process are Inclus Dashboards and Benchmarking, which allow comparing risk data across multiple projects. This facilitates shared learning and continuous improvement across different teams and initiatives, fostering a culture of transparency and best practices in construction.
Driving innovation with AI-driven risk management
We are excited to share that Inclus received the coveted "Best Use of AI" award, a recognition of our innovative approach to risk management. Our AI tools not only analyze internal data but also leverage external sources to detect risks, uncover blind spots, and engage all stakeholders in the process. This award highlights our dedication to driving AI advancements in the construction industry.
The WDBE Summit 2024 provided us with the opportunity to make new connections and share insights, and we are excited to continue these conversations about the future of AI and risk management. We look forward to exploring new partnerships and continue developing our AI capabilities.
Read more about collaborative risk management for complex projects.