AI Takeoff Saves Construction Firm $1M Annually

A I • Apr 26,2024

A construction company faced the challenge of time-consuming manual takeoff processes, requiring estimators to dedicate 50% of their time to tedious tasks. They implemented an AI-powered takeoff solution to address this issue, significantly reducing estimation time from 50% to 10%, saving 14.5 hours per plan set. This led to 13,920 hours saved in the first year and over $1 million in cost savings due to increased efficiency. Moreover, by enhancing the takeoff accuracy to an impressive 98%, the company effectively minimized errors and potential costs.

Client:

With over 30 years of experience, Coastal Construction Group is a reputable full-service general contracting firm catering to clients in the Mid-Atlantic region. The company focuses on construction projects for both commercial and residential properties. Their team of experienced professionals possesses the requisite skills to manage all project aspects, from design inception to final handover. Notably, Coastal Construction Group champions sustainable construction practices and is LEED-certified.

Problem Statement:

Manual takeoff processes plagued the construction industry, forcing estimators like Coastal Construction’s team to dedicate a staggering 50% of their time – roughly 20 hours a week – to tedious tasks like tracing, clicking, and dragging lines on blueprints. Efficiency was not the only thing affected by this industry-wide challenge; the risk of errors in essential quantity calculations also increased.

Results:

Time Savings: Reduced estimation time from 50% to 10%, saving 14.5 hours per plan set. Saved a total of 13,920 hours in the first year.
Cost Savings: Achieved over $1 million in first-year savings due to increased efficiency.
Enhanced Accuracy: Boosted takeoff accuracy to 98%, minimizing errors and reducing potential costs.
Increased Bids: Gained the ability to bid on and win more projects due to improved efficiency and accuracy.

AI Solution:

In response to the challenges associated with the time-intensive manual estimation process, Coastal Construction adopted Togal.AI, an artificial intelligence (AI)-powered solution tailored explicitly for takeoff tasks within the construction industry.

This AI-powered software analyzes blueprints automatically, identifying, labeling, and measuring elements like walls, spaces, and objects in a flash. Thanks to Togal.AI’s innovative deep-learning technology, estimators could ditch time-consuming manual tasks.

Following the implementation of Togal.AI, Coastal Construction’s estimation team experienced a significant reduction in processing times, allowing them to focus on more strategic project planning activities.

Additionally, the automated and accurate measurements offered by Togal.AI reduce the likelihood of errors often found in manual estimation techniques, resulting in enhanced project cost precision.