Asset Management with AI

AI Asset Management

EagleView has announced the launch of its next-generation asset management solutions for solving a variety of asset management challenges for local governments and commercial organizations.

AI Solution for Asset Management

Managing assets has become an increasingly complex task in today’s ever changing world. From monitoring infrastructure to assessing property damage, traditional methods of asset management has become time-consuming and expensive. A recent example is the widespread property damage and destruction due to a series of earthquakes in Turkey-Syria.

However, with the advent of Artificial Intelligence (AI), organizations can now streamline their asset management processes and minimize costs by integrating high resolution oblique aerial imagery and machine learning.

EagleView is a geospatial technology company that provides AI-based solutions for property and infrastructure management. The company’s technology leverages advanced algorithms to analyze high-resolution images, extracting detailed information about buildings, roofs, and other assets.

The solutions provided by EagleView have modernized asset management by providing accurate, real-time data that can be used to streamline operations and reduce costs.

This advanced technology offers a comprehensive view of geographically dispersed stationary assets that includes natural resources.

This enables organizations to make data-driven decisions and allocate resources and budgets more efficiently. This integration of aerial imagery and machine learning can assist organizations in solving a variety of asset management .

Some of the challenges include

  • Provision of high resolution oblique imagery of roads, bridges, buildings, infrastructure, and vegetation which are assets used for accurate inventory and monitoring.
  • Automation of data collection reducing time & resources required for manual inspections.
  • Identification of trends, patterns, and anomalies in asset performance over time, helping in prioritization of maintenance and repair work.

Eagleview’s AI Solutions

According to Chris Jurasek, CEO of EagleView, effective asset management requires insight-ready data that asset managers can use to transform their workflows and solve an unlimited number of real-world problems.

One of the key benefits of EagleView Assess is the ability to assess damage to properties and infrastructure. EagleView Assess uses simple-to-fly, fully autonomous drones to deliver clear and consistent property imagery that is then analyzed, identifying any signs of damage or wear and tear. This information can then be used to make informed decisions about maintenance and repairs, reducing the risk of costly damage and improving the longevity of assets.

In addition to damage assessment, EagleView’s Bid Perfect can also be used for planning and construction. The company’s software can create detailed 3D models of buildings, allowing architects and engineers to design and plan construction projects more efficiently. This can significantly reduce the time and cost associated with construction projects, while also ensuring that they are built to the highest standards.

Another area where EagleView Assess solutions have had an impact is in the insurance industry. Insurance companies use EagleView’s technology to assess claims and determine the extent of damage to properties.

EagleView Assess uses fully autonomous drones to deliver precise measurements, AI-powered damage detection, and automated workflows to streamline insurance claims and storm repairs. It can be used along with EagleView’s Walls, Windows & Doors to provide accurate repair estimates also be used to predict the likelihood of future damage, allowing insurance companies to better assess risk and set appropriate premium.

 

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Jeffy Jacob

Senior Sub Editor-Geospatial World. Jeffy Jacob believes in the synergy of technology with nature. An avid reader, he affirms to the responsibility of every individual for sustainable actions in everyday life.

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