ALICE Technologies Gains Recognition as the World Future Awards Winner for Innovative Construction Solutions
Since time immemorial, people have sought to maximize the profitability of any activity through clear planning and taking into account all possible scenarios. The development of information technology has opened up new opportunities in this direction, and enthusiasts are finding effective ways to apply them to specific sectors. One such significant sector is the construction industry, where the issues of adhering to and promptly updating work schedules and financing are particularly acute. This year, ALICE Technologies was recognized as a winner of World Future Awards in the category of Best Construction-Engineering Software for its successful implementation of artificial intelligence in complex construction projects.
World Future Awards is a global award selecting, recognizing, celebrating, and promoting the best products, software, and services that will transform the global economy and define the landscape of the future. The organization researches inventions across all categories, including technology, beauty, health care, food, home, and entertainment, that are making the world better, smarter or even a bit more fun.
Using advanced technology solutions based on artificial intelligence, ALICE Technologies develops software that allows construction companies to implement large-scale projects more efficiently, cost-effectively, and in the shortest possible time. This, in turn, benefits society by providing a more comfortable living and working environment.
Founded in 2015, tech firm ALICE Technologies is now known as the world’s first construction optioneering platform that uses AI to create and update construction schedules. ALICE products and services help general contractors reduce risk on large projects and reduce financial and time costs for construction. The company has an ambitious goal of reducing construction costs by 25% worldwide.
By working closely with the world’s leading contractors, the ALICE team knows exactly what challenges and unforeseen circumstances can arise during construction and how to solve such pressing problems. ALICE Technologies uses data from the pre-construction phase, even before the foundation is laid. On this basis, the feasibility study and production planning are prepared, and detailed schedules are drawn up, providing a basis for making informed decisions and selecting the best course of action.
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