HoloBuilder releases SiteAI for automation of construction processes with Artificial Intelligence in 360° imagery data at Autodesk University 2018

LAS VEGAS - Nov. 29, 2018 - PrZen -- HoloBuilder Inc., the leading solution provider for 360° reality capture for construction sites, is adding an Artificial Intelligence solution "SiteAI" for automation of progress control to their construction documentation software portfolio. The solution released at Autodesk University 2018, utilizes Computer Vision and Deep Learning to analyze materials, objects and structures captured in 360° imagery data on the HoloBuilder platform. SiteAI allows for automation of construction processes, especially focused on progress tracking.

The Artificial Intelligence behind SiteAI supports construction professionals in day-to-day mission-critical tasks. Automated progress control calculates progress reports without additional effort from capturing weekly 360° progress photos. The progress can be automatically tracked, analyzed and compared to the planned schedule to detect discrepancies as fast as possible. When SiteAI is implemented across projects, it allows processing progress payments faster, knowing the quantity for specific materials, comparing construction progress to schedules and much more.

SiteAI has been developed in close collaboration with Hensel Phelps. Working with construction leaders to adopt innovative construction technologies including reality capture has allowed HoloBuilder to develop the technology with the expert's feedback that's aligned with industry needs. With tens of thousands of 360° images captured, Hensel Phelps has been actively piloting HoloBuilder's Computer Vision algorithm to automatically analyze the work put in place by location.

"The partnership that Hensel Phelps has created with Holobuilder is built around their understanding of our jobsite photo documentation process and how their solution brought immediate improvements and efficiencies to our people. Their capability to do more with data through the development of SiteAI brings additional value and analytics to our construction scheduling and execution. I am excited about the future as the possibility of bringing data silos to an end is truly going to be obtainable.  They are letting us document the landmarks of today so that we can construct the reality of tomorrow." said Will Plato, VDC Manager of the Southwest District at Hensel Phelps.

SiteAI is currently in an early-access program stage for selected customers with the company asking
more customers to join the waitlist and will be accessible to HoloBuilder users in early 2019.

About HoloBuilder
HoloBuilder, Inc. is a San Francisco-based construction technology company that designs, develops, and sells enterprise SaaS software. HoloBuilder offers reality capturing solutions for progress documentation and construction project management. Making use of 360° imagery data, computer vision, and Artificial Intelligence, HoloBuilder is the fastest and most insightful solution to document construction projects. HoloBuilder's customers include 54 of the Top 100 General Contractors in the United States. Its investors include Brick and Mortar Ventures as well as Tandem Capital.

For more information, please visit www.holobuilder.com

About Hensel Phelps
Founded in 1937, Hensel Phelps is a nationwide leader in the development, construction and management of landmark buildings. Our disciplined approach to construction incorporates the latest technology to strengthen our processes and deliver dependable results for both public and private clients, in a variety of technical core markets. Hensel Phelps office locations include Phoenix, Arizona; San Jose, California; Irvine, California; Greeley, Colorado; Orlando, Florida; Honolulu, Hawaii; Austin, Texas; and Tysons Corner, Virginia.
For more information, please visit www.henselphelps.com