Almost every construction project comes with two unavoidable truths: unexpected delays and extra costs. “Identifying the right products and materials for the particular needs of a construction project is a pretty cumbersome process,” said Forest Flager, CEO and co-founder at Parspec. About the impact of AI on the construction industry, Flager highlighted the opportunity for AI to bring efficiency and transparency to the field. With advancements in AI, new solutions are well positioned to make data more accessible and useful to the construction community. As the industry moves forward, AI-driven tools will bring better information exchange, collaboration, and real-time data around pricing and lead time. Despite the need for improved access to information, the construction sector remains fragmented and lacks large companies capable of enacting top-down change.