Parsons Leverages Technical Expertise to Transform Construction Supervision with AI and 360-degree Imagery
26 Outubro 2023 - 7:45AM
Parsons Corporation (NYSE:PSN) announced today that it has
successfully integrated, streamlined, and scaled artificial
intelligence (AI) and 360-degree imagery on multiple mega- and
giga-projects across the Middle East.
Working with SEKTOR.build, the company is leveraging the
OpenSpace.ai platform for this initiative, combining the latest in
technology with advanced construction supervision technologies to
improve efficiency throughout the project lifecycle. With more than
30 deployments throughout the Middle East, Parsons continues to
lead in the implementation of AI technology in the region.
“Artificial intelligence is leading a transformative revolution
in the engineering sector,” said Pierre Santoni, president, Europe,
Middle East, and Africa, for Parsons. “What sets Parsons’ projects
apart is our expertise in deploying the latest technologies, which
has enabled a seamless integration of AI and ushered in an era of
unprecedented efficiencies and capabilities.”
Parsons' integration of OpenSpace.ai with Building Information
Modeling (BIM) provides a value-driven approach that empowers
stakeholders with near real-time site imagery. This results in
tangible benefits and enhancements such as improved project
visibility amongst stakeholders, commercial advancements, quality
improvements, stakeholder coordination, and accelerated
reporting.
Parsons’ approach to automation frees up human resources to
focus on critical project management activities, significantly
reducing project timelines and mitigates risk. Additionally, this
digital transformation drastically reduces the need for physical
travel, lowering the project’s carbon footprint.
These OpenSpace.ai deployments amount to approximately 2.3
square meters or 24 million square feet – more than 400 American
football fields of space. Parsons is continuing to evaluate and
apply AI technologies across all projects, to usher in a new future
for construction management.
To learn more about Parsons’ artificial intelligence
capabilities, visit www.parsons.com/ai/.
About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider
in the national security and global infrastructure markets, with
capabilities across cyber and intelligence, space and missile
defense, transportation, environmental remediation, urban
development, and critical infrastructure protection. Please visit
parsons.com and follow us on LinkedIn and Facebook to learn how
we’re making an impact.
Forward-Looking Statements
This document contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements are based on our current expectations,
beliefs and assumptions, and are not guarantees of future
performance. Forward-looking statements are inherently subject to
uncertainties, risks, changes in circumstances, trends, and factors
that are difficult to predict, many of which are outside of our
control. Accordingly, actual performance, results, and events may
vary materially from those indicated in the forward-looking
statements, and you should not rely on the forward-looking
statements as predictions of future performance, results, or
events. Numerous factors could cause actual future performance,
results and events to differ materially from those indicated in the
forward-looking statements, including, among others: any issue that
compromises our relationships with the U.S. federal government or
its agencies or other state, local, or foreign governments or
agencies; any issues that damage our professional reputation;
changes in governmental priorities that shift expenditures away
from agencies or programs that we support; our dependence on
long-term government contracts, which are subject to the
government’s budgetary approval process; the size of our
addressable markets and the amount of government spending on
private contractors; failure by us or our employees to obtain and
maintain necessary security clearances or certifications; failure
to comply with numerous laws and regulations; changes in government
procurement, contract or other practices or the adoption by
governments of new laws, rules, regulations, and programs in a
manner adverse to us; the termination or nonrenewal of our
government contracts, particularly our contracts with the U.S.
federal government; our ability to compete effectively in the
competitive bidding process and delays, contract terminations, or
cancellations caused by competitors’ protests of major contract
awards received by us; our ability to generate revenue under
certain of our contracts; any inability to attract, train, or
retain employees with the requisite skills, experience, and
security clearances; the loss of members of senior management or
failure to develop new leaders; misconduct or other improper
activities from our employees or subcontractors; our ability to
realize the full value of our backlog and the timing of our receipt
of revenue under contracts included in backlog; changes in the mix
of our contracts and our ability to accurately estimate or
otherwise recover expenses, time and resources for our contracts;
changes in estimates used in recognizing revenue; internal system
or service failures and security breaches; and inherent
uncertainties and potential adverse developments in legal
proceedings, including litigation, audits, reviews, and
investigations, which may result in materially adverse judgments,
settlements, or other unfavorable outcomes. These factors are not
exhaustive and additional factors could adversely affect our
business and financial performance. For a discussion of additional
factors that could materially adversely affect our business and
financial performance, see the factors included under the caption
“Risk Factors” in our Registration Statement on Form S-1 and our
other filings with the Securities and Exchange Commission. All
forward-looking statements are based on currently available
information and speak only as of the date on which they are made.
We assume no obligation to update any forward-looking statement
made in this presentation that becomes untrue because of subsequent
events, new information or otherwise, except to the extent we are
required to do so in connection with our ongoing requirements under
federal securities laws.
Media Contact:Chelsie McKittrick+1
512.719.6877chelsie.mckittrick@parsons.com
Investor Relations Contact:Dave Spille+
1.571.655.8264Dave.Spille@parsons.com
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