FYLD News & Analysis

FYLD AI Software Cuts Injuries by 48% in Construction Sites

FYLD, a London-based software company led by CEO Shelley Copsey, uses artificial intelligence to support workers in construction, utilities, and infrastructure sectors. The AI predicts necessary permits, helps schedule work around weather, and reduces paperwork by generating reports from photos and videos. This technology aims to improve safety and efficiency on job sites. FYLD's system reportedly cuts paperwork time from around 30 minutes to 2-3 minutes and field workers spend 20% to 25% of their site time on administrative tasks. Infrastructure provider Amey will deploy FYLD to 2,500 field workers to enhance safety and real-time supervision. Case studies show FYLD has helped reduce incidents and injuries by up to 48%. AI in the infrastructure sector also includes Bentley Systems’ Blyncsy platform, which uses AI to analyze images for road maintenance issues, potentially reducing physical inspections. These AI tools help anticipate problems and improve safety, which can reduce delays and lower costs from accidents for companies in construction and infrastructure industries. The use of FYLD's AI software matters to investors because it demonstrates increasing adoption of technology to improve operational safety and efficiency in an industry with high physical risks and administrative burdens. These improvements can translate into cost savings and fewer work disruptions.