Tech & Software
AI Technology Transforms Public Agency’s Asset Management Project Timeline
By Nicholas Russo, Enterprise Asset Management Consultant, and Dr. Jeff Chen, Director of Digital Transformation, Symetri
transformative potential. It is important to note, however, that the value of such innovation lies in its real-world application and the tangible benefits it brings to stakeholders. One example that demonstrates the real-world potential of OpenAI GPT is its application by a leading East Coast public agency in a metropolitan area. By optimizing a workflow with the help of OpenAI GPT, the agency was able to reduce its project delivery timeline from a staggering 18 months to a mere eight weeks. This is a testament to how AI can be harnessed to drive efficiency and productivity in asset management. In the complex world of asset management, effective strategies are often predicated on structured frameworks for task management and risk mitigation. This structured framework typically involves the creation of Job Plans and Safety Plans.
Artificial Intelligence (AI) continues to transform various industries and sectors, offering innovative solutions to age-old problems. In the realm of asset management, an area riddled with complexities, AI's potential is increasingly being realized. The intricacies of asset management often require careful strategizing, and keeping up with the pace of business advancements can be a daunting task. But, with the entry of AI, companies and government agencies are finding novel ways to overcome such challenges. Among the many AI platforms available, OpenAI's GPT has emerged as a front-runner in the Large Language Model space, impressing the tech world with its capabilities in natural language processing and code generation. The significance of this technology is underscored by its extensive coverage in technical news and the excitement around its
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csengineermag.com
September 2023
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