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Unexpected equipment failure can sink budgets – but innovative AI technology can predict costly disasters before they occur.
In the world of construction, the most visible threats to a project’s budget are often the ones that get the most attention: supply chain snags, labour shortages and unforeseen site conditions.
But an unseen saboteur silently drains budgets and derails timelines with alarming frequency: unexpected equipment failure. A single downed excavator or a malfunctioning crane doesn’t just halt one task; it triggers a cascade of costly delays that can turn a profitable project into a financial quagmire.
Across landscapes the world over, the forest of cranes reshaping skylines is a familiar sight. Each represents a huge investment and a tightly co-ordinated schedule.
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