Periodic Reporting for period 1 - ARCHITECHTURES (Empowering building design professionals through Artificial Intelligence on the cloud)
Reporting period: 2019-03-01 to 2019-07-31
In this conductive context, ARCHITEChTURES aims to launch into the market the first cloud-based platform for sustainable architecture design, powered by Artificial Intelligence (AI). Our end goal is to make environmentally responsible housing widely affordable whilst drastically increasing architects’ productivity: creating faster and better building designs.
√ The business idea is solid
√ The market is ready to adopt our solution and has unmet demands.
√ There are not competitive offerings in the market with similar technical offering and commercial approach as ours.
√ Our firm has the technical/business capacity to scale up the project: Previous experiences in the market, diverse team capabilities, solid partnership agreements.
Customer pain points and progress beyond the state of the art include:
- Time efficiency, shortening >40% the project development lifespan enabling faster urban construction.
- Labour efficiency, freeing up resources (architects’ time) from repetitive and low value tasks, to high value ones such as value-added design decisions, personalisation, creative solutions….
- Boosting green housing: making projects affordable, compliant with certifications and not requiring a great deal of specialised knowledge (not always available, especially in emerging countries).
- Improving project management: budgetary simulations, viability studies and reports are automatically generated at an early stage and alongside every design iteration.