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Trendspek’s partnership with RealAssetX will develop autonomous artificial intelligence for 3D software property condition assessments, including:

Defect Detection: Use AI to automatically identify common defects on a single asset, including cracking/spalling in concrete, corrosion in steel, and common defects across industrial roof and facades.

Asset Analysis: Based on identified defects, accurately plan what capital expenditure may be required and what risk rating would be applied.

Change Detection: Automatically identify changes to the previous inspection.

Predictive Failure: Of those defects identified and tracked, perform advanced AI analysis to determine the probability and time of component or asset failure.

Portfolio Analysis: Determine defect type and risk rating across a portfolio, and what can be done to maintain the asset, e.g. roof pitch analysis.

Ratings Benchmark: Benchmark all properties within a class (filtered between macro and micro environments) to generate a benchmark rating with the ability to analyze a single portfolio against those benchmarks.