nPlan in the news

GV, formerly known as Google Ventures, has invested in construction tech startup nPlan. A total of $18.5 million was secured during a recent funding round, led by GV, Local Globe, Pentech and Entrepreneur First. Headquartered in London, nPlan uses machine learning to forecast various aspects of a construction project, including duration, risks and more.

Kier, nPlan and Keltbray have received a government grant for research and innovation projects.

A British start-up which helped Network Rail save tens of millions of pounds by identifying potential bottlenecks in infrastructure upgrades has secured more than £10m in new funding from the venture arm of Google's owner, Alphabet.

London-based nPlan is a revolutionary system, which utilises machine learning and AI analytics to predict outcomes of construction projects and mitigate risk. In a recent development, the company pocketed $18.5 million (nearly £13.5 million) in a funding round.

Dev Amratia began to appreciate the scale of the construction industry’s failings, from over-running jobs to quality issues, while working as a project manager at Shell. On one scheme he worked on, it was vital that it was completed by a certain date “almost regardless of how much it cost”. And how did that go? “We still missed the date. We took losses of millions of dollars a day.”

Kier has started using artificial intelligence to support its bids for new work, Construction News can exclusively reveal. The contractor has been using technology from start-up company nPlan, which analyses programmes to identify where potential delays and problems are most likely to occur and where…

Nearly 9 in 10 large construction projects are behind schedule following pandemic disruption, new data suggests. Of those projects, each of which cost more than £100m, almost a quarter were delayed by more than 250 days.

Bam and nPlan have teamed up to launch a new approach to risk management that utilises artificial intelligence (AI) to tackle potential issues within a portfolio of projects more efficiently than ever.

Artificial intelligence is better at de-risking program schedules than the lived experience of seasoned project teams, according to a London-based start-up that recently secured work on an $11 billion-UK railroad program. The company is not alone in harnessing AI in the quest for predictable project outcomes.

Businesses can benefit from artificial intelligence (AI) regulation creating “trusted brands”, the man using the technology to power the restoration of parliament – among other major infrastructure projects – has said.