Monday, August 14, 2023
Strabag SE builds a risk management solution to improve efficiency using Microsoft Intelligent Data Platform
Strabag SE, a global construction company, has partnered with Microsoft to drive digitalization and innovation in the construction industry. Recognizing the need for operational efficiencies through data, Strabag built a Data Science Hub in collaboration with Microsoft. This central entity enabled them to collect and leverage decentralized data for valuable insights.
One notable success is their AI-based risk management solution, which uses algorithms to identify at-risk construction projects. By predicting potential failures, Strabag saves time and reduces financial losses. The algorithm has achieved an impressive 80% accuracy in risk prediction with just three months of data.
Through Microsoft's Intelligent Data Platform, Strabag established a centralized system to connect and analyze data from various sources. This paved the way for developing use cases to improve operational efficiency and reduce costs globally.
Subscribe to:
Post Comments (Atom)
-
Up your storytelling with Microsoft Copilot and PowerPoint.
-
Being more productive starts with using the right tools. Knowing which prompts to use in Microsoft 365 Copilot is essential for maximizing e...
-
Your company's security posture includes everything you need to maintain a state of cyber readiness - from policy to tools to the traini...
No comments:
Post a Comment