Technology firm Findable, which automates building documentation using artificial intelligence (AI), has launched in the UK.
Findable digitises building documentation, using AI to automatically categorise documents and provide compliance status. It also allows users to locate specific information via a search function.
The company says its platform has already been used by customers to read and automatically sort more than one million documents
Fredrik H Wisløff, CEO and co-founder of Findable, said: “To reach the climate goals, we have to reuse as much of the world’s materials as possible, but we need documentation in place to make it happen. Then there is also an associated key safety challenge which the recent RAAC issue highlighted. Our system works for schools but also offices, shopping malls, warehouses so can be used by a mixture of public sector, banks and private commercial companies from large-scale problems to more day-to-day maintenance issues.”
Wisløff continued: “The UK is the obvious next step in Europe for Findable with London rightly perceived as the real estate capital of Europe. And yet, our research shows that digitisation here is behind the curve. Documentation may be the boring, but essential part, of this highly regulated industry. But we also play an important role in helping building owners in the green premium/brown discount issue as it has never been more important for banks to show a green portfolio among their CRE customers. To put it simply, if you don’t have your documents in order, you won’t get good financial deals either.”
