Gamechanger AI? How artificial intelligence is revolutionizing project management in construction
In an interview, Michael Bucko, Head of IT AI at PROBIS, discusses current developments, future AI features, and the opportunities that intelligent technologies open up for our clients.
1. Mike, you're new to PROBIS. What specifically attracts you to the challenge of advancing the IT infrastructure for a leading controlling software in the real estate sector, an industry traditionally perceived as less digitized?
What excites me most is the opportunity to drive digital transformation in a sector ripe for innovation. By modernizing IT infrastructure and integrating advanced technologies, we can significantly enhance efficiency, transparency, and decision-making for our clients, thereby setting a new industry standard.
2. Artificial Intelligence is currently one of the dominant topics in IT. While many companies are still seeking concrete applications, others are already strategically implementing AI-driven processes. What is your strategic vision for the deployment of AI at PROBIS, and where do you identify the greatest potential for our clients?
My vision is to integrate AI into our end-to-end financial command center for real estate, to deliver predictive analytics, automate repetitive tasks, and provide actionable insights. I see the greatest potential in construction monitoring, contract management, budget and invoice tracking, and risk planning.
3. Many companies in the construction and real estate industry are still hesitant when it comes to adopting AI. In your opinion, what are the biggest misconceptions about AI in our industry, and how can PROBIS help bridge the gap between innovation and practical application?
One of the biggest misconceptions is that AI is a distant, futuristic concept rather than a practical tool that can deliver value today. In reality, AI is already transforming industries, and the real estate sector is no exception. PROBIS can bridge this gap by demonstrating concrete use cases, educating stakeholders, and offering AI-powered solutions that address real industry challenges.
4. Looking Ahead: How will AI Transform Cost Controlling and Financial Management in the Construction and Real Estate Sectors Over the Next Five Years?
AI will revolutionize cost controlling and financial management by enabling real-time monitoring, predictive cost analyses, and proactive risk management. Over the next five years, AI-powered tools, including AI agents, will be indispensable for optimizing budgets, improving project schedules, and ensuring financial transparency across the industry.
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