AI in the Construction Sector: From Global Risks to Raw Material Price Prognosis Thanks to Real-Time
Physically Computer Science / Digital

AI in the Construction Sector: From Global Risks to Raw Material Price Prognosis Thanks to Real-Time

Come and listen to our researchers as they give exciting insights into the future of the construction industry. In the iECO project, Fraunhofer IVI is actively supporting this sector in tackling its current challenges. Our idea? Using risk data from many years to predict the development of iron ore and steel prices – with the help of AI technology!
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Start 18:00 o'clock
End 18:15 o'clock

At a glance

Fraunhofer-Institut für Verkehrs- und Infrastruktursysteme IVI
Digitale Geschäftsprozesse
Fraunhofer-Institut für Verkehrs- und Infrastruktursysteme IVI
Zeunerstraße 38
01069 Dresden (Dresdner Süden)
Tim Holzhäuser ,
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description

How can factors such as political instability, natural disasters, global threats, crime, and health risks ultimately lead to price forecasts for the construction industry? Come and find out about the power of this data in our presentation!

Due to its global procurement and supply chains, the construction industry is highly susceptible to price fluctuations in the global market. However, this sector can greatly benefit from digitalization. That is why the Federal Ministry for Economic Affairs and Climate Action (BMWK) has launched the iECO project, which focuses on digital support for various processes and applications in the construction industry.

Fraunhofer IVI is developing big data technologies for real-time monitoring of commodity and material prices to help tackle these current challenges. The goal is to provide reliable predictions about future developments with the help of artificial intelligence.

Information on the event format

Presentation

stations

Mommsenstraße

  • 66 (bus)

Staats- und Universitätsbibliothek

  • 61 (bus)