Track3D co-founder Vineeth Kumar on construction’s biggest problem: data insights

Date:

The construction industry is currently at a pivotal moment. With the demand for construction services being higher than ever, the industry is still grappling with its outdated project management practices. Now, more than ever, the need for digital transformation to streamline projects and maximize efficiency is critical. This is especially true as the industry struggles to modernize while dealing with a talent shortage and an overabundance of project data. One company rising to this challenge is Track3D, a Reality Intelligence Platform that is revolutionizing the way construction teams capture and act on project data. Vineeth Kumar, CTO and co-founder of Track3D, explains how the platform is paving the way for a smarter and more efficient construction industry.

Track3D: Transforming Construction Project Management

The initial inspiration for Track3D came from observing real-world construction sites. Kumar and his team noticed that while there was an abundance of data being captured, very little of it was being utilized to improve project execution. They recognized this as a problem that needed solving. Drawing on their backgrounds in AI/ML, computer vision, and ed-tech, they set out to develop a system that could convert messy, unstructured data into meaningful outputs, thus giving birth to Track3D.

According to Kumar, one of the biggest pain points in the construction industry that has been historically overlooked is the lack of objective progress data. Despite advances in technology, the input of progress has always been manual, leading to subjective and incomplete data. Additionally, the underutilization of technology means that much of the data collected on-site is rarely converted into actionable insights, resulting in missed opportunities for maximizing project outcomes and efficiency. Track3D addresses these issues by utilizing AI, automation, and simple field tools to give teams instant visibility without the need for additional effort.

Debunking Misconceptions About Construction Industry

Contrary to popular belief, the construction industry is not “low-tech” or resistant to innovation. The real issue lies in the fact that construction teams often don’t have the time for complex, hard-to-use systems. They are open to adopting technology, but it needs to be straightforward, fast, and beneficial on-site. Furthermore, construction sites are dynamic environments that change daily, rendering rigid, one-size-fits-all tools ineffective. This is why Track3D focuses on creating flexible, easy-to-use tools that deliver immediate value and fit seamlessly into real site workflows.

Track3D: A Reality Intelligence Platform

Track3D is designed to make construction project data actionable. The platform unifies data, automatically tracks project progress, and proactively detects anomalies and deviations. By adding an intelligence layer over reality data, Track3D empowers construction teams to execute projects more efficiently and effectively.

Since its launch, Track3D’s technology and vision have evolved significantly. Kumar and his team have worked closely with their partners to shape their product and ensure that it fits seamlessly into existing workflows. They’ve also made the platform easy to use, reducing the onboarding time from several weeks to just a couple of days.

Data Ownership, Privacy, and Security

One of the major concerns when it comes to integrating large amounts of reality capture data is data ownership, privacy, and security. Track3D ensures that data ownership always stays with the customer while providing a secure platform for capturing, processing, and analyzing site data. The company also complies with key industry standards like ISO/IEC 27001, SOC 2 Type II, and GDPR to ensure maximum data security.

The Future of Construction

The future of the construction industry is moving towards a data-centric approach where actionable insights, automation, and AI-driven planning are key. Track3D is positioned to support this transformation by helping teams move beyond passive documentation to active visibility and execution support.

In conclusion, the work being done by Track3D is incredibly fulfilling, especially at a time when the construction industry is undergoing significant digital transformations. The platform is continuously being refined and expanded to cater to a host of use cases related to quality, reducing reworks, safety, and more.

Source: Here

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Giving Nigerian Pidgin a Modern Digital Identity: Meet Raymond Okoro, Founder Of Pidginary

Nigerian Pidgin, a vibrant language spoken by hundreds of...

Italian startup Liffo expands to US, launches AI-powered kitchen Robot on Kickstarter

Italian Startup, Robomagister, Announces U.S. Debut with Liffo, an...

UK Firms Face Compliance Crunch Ahead of ECCTA Deadline, Vistra Warns

As the UK's Economic Crime and Corporate Transparency Act...