Recently, industry experts Bryan Baum from Icertis and Fred Vitale from Accenture sat down to discuss the impact generative AI is having on capital project management, particularly in the realm of contract management.
Watch the video above to learn how AI is helping companies in industries like oil and gas, infrastructure manage the immense volume of contracts associated with capital projects. By automating the extraction and analysis of contractual data, AI aids in maintaining project schedules, ensuring compliance, and optimizing resource allocation.
Bryan and Fred provide insights on how companies can be proactive approach to using AI, not just for data retrieval but for simulating potential outcomes and making informed decisions.
The integration of AI into contract management and capital project planning is not just a future trend but a current necessity. Organizations that embrace these technologies are better positioned to handle the complexities of modern capital projects, driving efficiency, reducing costs, and ensuring successful project delivery.
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