(via TheNewswire)
AI model will revolutionize facility management
The science of ML is advancing at an unprecedented pace. Amii, a global leader in machine intelligence, brings unparalleled expertise to the table. The working relationship will embark on a involve a project validation and product development process which will solidify Visionstate’s on going leadership in providing cutting-edge software to the facility management sector.
“We are very excited about working with Amii,” explained Visionstate IoT President
The project validation process will dive deeply into the specifics of the ML project. It will ensure Visionstate’s initiative is well-defined, validated and ready for model development.
“Project validation de-risks our journey and lays the groundwork for a successful implementation,” Moore explained.
Market Size and Wide Applicability of AI in Facility Management
The adoption of AI in facility management is not only a strategic move but also a necessity in today’s dynamic business landscape. The global market for AI-driven facility management solutions is poised for substantial growth. As businesses recognize the value of AI in optimizing schedules, resources, and operations, the market size continues to expand.
AI models for schedule and resource optimization enable businesses to deploy the right resources at the right time. Whether managing staff shifts, allocating machinery, or optimizing supply chains, AI brings speed, flexibility, and intelligence to bear on complex problems.
The impact of AI in facility management also spans many industries, including healthcare, transportation, finance, retail, manufacturing, education, entertainment, agriculture, and more. By optimizing schedules, resource allocation, and operations, AI unlocks new levels of efficiency. In termsof business value, AI adoption translates into cost savings, improved service delivery, and enhanced competitiveness. The global market potential for AI-driven facility management solutions is substantial, with estimates reaching billions of dollars.
“Visionstate has a very clear path forward when it comes to AI and ML technology,” Moore explained. “This project meets all of our requirements, including, IP ownership, the fact we are working with one of the leading ML institutes in the world, and the significant revenue potential this product will provide for our WANDA platform.”
As part of the Pan-Canadian
Advancing Research: Amii pushes the frontiers of machine-intelligence research, exploring novel algorithms, techniques, and applications.
Applied Solutions: Their ability to translate scientific breakthroughs into practical business solutions is unmatched.
Talent Incubation: Amii accelerates the development of skilled professionals, bridging the gap between academia and industry.
The validation process is expected to take approximately six weeks and will be followed by development of the ML model to be integrated with Visionstate’s facility management software.
About
Issued on behalf of the Board of Directors,
“John A. Putters”
To learn more, please contact:
Email:shannon@visionstate.com
Tel:780-425-9460
Email:kc@chfir.com
Tel:416-868-1079 x 234
Twitter:@visionstate
Facebook:@visionstate
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