Company Background:
Trave provides a digitalisation service for the construction industry, providing main contractors with greater insight to how projects are progressing and ability to manage the costs involved.
Problem Statement:
Processing and sorting material documentation adds a significant overhead to construction firms.
Project Objective:
Develop a solution that can automatically extract the relevant information from vendor purchase quotes and sort them in a manner that makes it easier for a quantity surveyor to make fast decisions.
Solution:
Using Microsoft OCR platform, Trave plan to build a cloud based solution that can read and extract the important information on material documentation, and present that to the quantity surveyor.
Project Stage:
The concept and workflow has been developed. Now Trave is working to develop out a Proof-Of-Concept which will allow them to test and demonstrated the solution.
Next Steps
Pilot to Production by Q2
ROI/Impact
Service to SaaS Platform, IP, Competitive Differentiation, Employment