Cybrik

cybrik.ai

Engineering and construction (E&C) is a $14 Trillion dollar industry growing at around 5% per year. However, it currently wastes over $1.6 trillion a year as a result of inefficiencies. The industry has failed to modernise and 2/3 of projects are over budget and 3/4 are delivered late and productivity has been flat for the past 30 years. We believe better projects are possible and are applying process automation, artificial intelligence and graph theory to put information at the heart of the process, help project teams make better decisions and radically improve project outcomes and productivity. Our Project Intelligence system is a cloud-based AI platform purpose-built to support engineering and construction project management teams. The platform manages project information and provides a series of modules that automate workflows and provide insights to the project team. The result is huge time savings to the project team, reduction in costly rework and improvements in project outcomes and client satisfaction. Having incorporated in July 2020 we generated $76,000 in revenue in 2021 through paid pilot projects. We then released our platform in January 2022 and already have signed SaaS contracts with leading engineering firms.

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