Market Insight: New And Emerging Applications Of AI In The Built Environment
Harry Wilson
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Executive Summary
Artificial intelligence (AI) has been deployed successfully across all aspects of the built environment to unlock efficiency and productivity improvements within both existing and new workflows.
Verdantix has taken a holistic view of the market and identified the key applications of AI in building operations, alongside exciting new applications of the technology developed through advancements such as large language models (LLMs) and generative AI (GenAI). We have drawn upon vendor responses to questionnaires for other research reports, and previously provided information, alongside conducting extensive desk research, to consolidate our view of offerings in the market that harness AI technologies.
GenAI and LLMs present significant opportunity in the operations, and design and construction phases of buildings; although the technology is nascent, some solutions have already come to market that showcase their application. This report should be leveraged by corporate readers to better understand the solutions currently available to improve operational efficiency, and to gain insights into those that are emerging both in operations and in other parts of the building life cycle.
Why does AI matter to real estate executives?
Established and identified applications of AI across built environment operations
2023: the year of the LLM
Current uses of LLMs span three main areas
LLMs present significant opportunities for the AEC industry
AI will continue to shape the built environment for years to come
GenAI will take centre-stage
AI offerings may not be revolutionized, but the implementation and background processes will be
Figure 2. Core offerings of AI in building operations
Figure 3. Building equipment control AI applications
Figure 4. Health and safety AI applications
Figure 5. Space and workplace AI applications
Figure 6. Investment and facilities management AI applications
About the Authors
Harry Wilson
Senior Analyst
Harry is a Senior Analyst in the Verdantix Real Estate & Built Environment practice. Harry's research and advisory expertise centres on energy management; he leads Verdant...
Claire Stephens
Research Director
Claire Stephens is a Research Director at Verdantix, leading research into technologies and services shaping the real estate and the built environment, encompassing ...
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