64% of complex projects face cost overruns, and 73% report delays, with completion costs averaging 59% higher than initial estimates. Notable example: Stuttgart 21 Railway Project (Germany) with over a 200% budget increase.
64% of complex projects face cost overruns, and 73% report delays, with completion costs averaging 59% higher than initial estimates. Notable example: Stuttgart 21 Railway Project (Germany) with over a 200% budget increase.
Poor planning & unrealistic schedules remain a top cause, cited by 31.4% of respondents in a 2022 European survey. Design changes contribute to 56.5% of cost overruns and 40% of project delays across EU construction projects.
The EU has implemented increasingly stringent environmental requirements for construction. In Norway, TEK17 introduces ambitious greenhouse gas requirements with clear emission reduction targets and reporting standards, mirroring similar trends across European building regulations.
Statistics Norway (SSB) will update the reference period for construction cost indices from Q1 2025, with Q4 2024 as the new index base. This will provide a more accurate picture of the cost structure in construction, aligning with broader European initiatives to standardize construction metrics.
45% of European architects used BIM by 2023, up from 10% in 2009. The European BIM market is expected to grow at 11.7% CAGR from 2025 to 2030, with Norway having one of Europe's highest BIM penetration rates.
The EU has committed over €1 billion yearly to generative AI research through GenAI4EU, with AI startups supported by Digital Europe and Horizon Europe programmes accelerating adoption in the construction sector across member states.
80%
73%
35%
56%
Harness LLMs to automate design tasks and flag risk areas early. Use vector databases for rapid retrieval of project documentation and analytics across multiple European languages and standards.
A universal format bridging Revit, CAD, and AI systems. Eliminates vendor lock-in and smooths data exchange across multiple teams, compatible with standards across the European Union.
Converts PDFs, Word files, etc. into annotated JSON. Achieves up to 97% accuracy in cost estimations, dramatically cutting budget overshoots according to recent European research.
Translates all data into Revit via API or IFC format for seamless interoperability, meeting European standards for digital construction documentation.
Decomposes project specs into hierarchical structures mapped to Eurocodes, building codes, and resource planning. Reduces the risk of design errors and ensures consistent compliance with EU regulations.
AI-based forecasting helps identify issues early, cutting budget surprises by up to 50% across European projects.
Automation can shave 30% off planning time for projects across the EU, according to industry research.
Aligns with Eurocodes, TEK17 (Norway), and new EU carbon mandates (e.g., Denmark's 12 kg CO2e threshold).
Supports cradle-to-cradle strategies and advanced LCAs, meeting EU climate targets and aligning with the European Green Deal requirements.
Open meta-format adapts to any project scale, from homes to major infrastructure, compatible with construction standards across all EU member states.
AI Factory AS has received the European Digital Innovation Award for its pioneering use of AI in the construction industry and collaborates with leading research institutions across Europe.
AI-based forecasting helps identify issues early, cutting budget surprises by up to 50% across European projects.
• Backend & Frontend Frameworks: Secure, high-performance architecture • Vector Databases: Advanced data retrieval for large, multi-faceted projects • AI & LLMs: Deploy generative and predictive models for cost estimation, design insights, and scheduling
We strictly follow EU data protection standards (GDPR). All customer data is encrypted and processed under Norwegian privacy regulations, ensuring high levels of confidentiality across all European operations.
The European construction technology market is expanding rapidly, with AI adoption accelerating across all EU member states.
45% of European architects used BIM by 2023, up from 10% in 2009
The European BIM market is expected to grow at 11.7% CAGR from 2025 to 2030
The ECB is projected to continue rate cuts in 2025, potentially boosting residential and infrastructure lending across the EU
EU Recovery and Resilience Facility (RRF) invests €750 billion in green/digital projects, spurring AI and BIM adoption throughout member states
GenAI4EU funnels over €1 billion yearly into generative AI research, including construction applications
EU startups supported by the Digital Europe and Horizon Europe programmes are set to further accelerate adoption in the construction sector
Stricter EU climate mandates demand greener, more efficient building methods.
AI Factory AS provides ready-to-deploy solutions for cost control, compliance, and risk management across European markets.
With rising digitalization and EU funding opportunities, investing in AI-driven BIM technology offers a competitive edge.
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