Welcome to another enlightening episode of "Innovation Deciphered" with your host, Tim Fitch, Director at Invvent.
On this episode Tim has a captivating conversation with distinguished guest, James Garner, the Global Head of Data and Insights & Analytics at GLEEDS, a Senior Director based in the London Office. James is a distinguished Fellow of the RICS, serving as the Chairman for the RICS Assessment of Professional Competence - contributing as the technical author for RICS, focusing on crucial guidance for cashflow forecasting in the construction industry.
In this episode, they dive into the fascinating realm of artificial intelligence (AI) and its adoption in the construction industry. James shares insights into the barriers and cultural challenges surrounding AI adoption, drawing parallels with the music industry. They explore the evolving landscape of technology, from ChatGPT to Power BI, and how these tools transform workflows in the construction sector.
The conversation delves into the critical topic of data sharing within the construction industry. They discuss the importance of breaking down cultural barriers and highlight initiatives like the Construction Data Trust and benchmarking services by the Infrastructure Projects Authority.
Switching gears, they explore the realm of predictive analytics and its application in construction, particularly in cash flow forecasting. James sheds light on the historical shortcomings in utilising project data effectively and emphasises the need for a shift toward predictive analytics. The conversation reflects on the tools available, such as Power BI, and the transformative impact they can have on project progress meetings.
As they navigate the intricacies of technology adoption, data sharing, and predictive analytics, James Garner provides valuable insights and encourages industry professionals to embrace these innovations for positive change.
Tune in to gain a deeper understanding of the evolving landscape of technology in the construction industry on this episode of "Innovation Deciphered."
#InnovationDeciphered #BuildingTheFuture #BuildingTheFuture
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