Galorath, a firm focused on digital engineering solutions and consulting, has launched SEERai. This innovative chat-based generative AI is designed to empower digital engineers and project professionals across diverse sectors like IT, software, hardware, manufacturing, and aerospace.
SEERai marks the first step in Galorath’s AI Strategic Initiative, a transformative program focused on leveraging artificial intelligence to enhance digital engineering and estimation. This initiative aims to provide real-time data-driven insights for improved decision-making during project analysis and planning.
Building on a Legacy of Cost Estimation Excellence
Galorath’s flagship product, SEER®, is already recognized as a leader in cost, schedule, and risk estimation. SEER empowers businesses with real-time insights into cost drivers, risk factors, and the impact of various project variables, allowing for streamlined cost and schedule estimations and planning. SEERai builds upon this foundation by offering cost estimation professionals easy access to Galorath’s extensive knowledge base, accumulated and validated over four decades of experience. This enables users to have strategic, chat-based conversations with SEERai, gaining actionable insights specific to their projects and initiatives.
“In today’s dynamic market environment, the fusion of technology and AI is crucial to support workflows and meet ever-evolving timelines,” says Dan Galorath, founder and CEO of Galorath Incorporated. “The Galorath AI Strategic Initiative signifies a major leap forward in data analysis and cost, schedule, and risk estimation optimization. SEER has always embraced AI and machine learning, and SEERai takes this a step further, unlocking tremendous value for digital engineering professionals.”
SEERai: Leveraging the Power of SEER with Added AI Benefits
SEERai is built upon the established strengths of the SEER Cost Estimation Platform, including:
- Predictive Analytics: Accurately forecast project costs, schedules, and potential risks.
- Machine Learning Algorithms: Continuously improve predictions by learning from project data, adapting to new information and changing circumstances.
- Data-Driven Decision Making: Offer valuable insights into cost drivers, risk factors, and the impact of variables on project outcomes to facilitate informed decision-making.
- Risk Analysis and Mitigation: Evaluate the likelihood and impact of potential risks, allowing for proactive identification and mitigation strategies, and improved planning for program uncertainties.
- Customization and Scalability: Adapt to projects of varying sizes and complexities across diverse industries through highly customizable AI algorithms.
- Integration with Existing Systems: Seamless integration with existing project management and engineering software for data exchange and enhanced analysis.
Galorath will be showcasing SEERai at Booth #18 during the International Cost Estimating and Analysis Association (ICEAA) Workshop, a leading event for professional development and training in data-driven cost estimating and analysis, taking place from May 14-16, 2024, in Minneapolis. SEERai is just the first step in the Galorath AI Strategic Initiative, with future AI solutions planned to enhance user experience, reduce manual efforts, and significantly improve data accuracy.
Visit galorath.com/ai for updates or to schedule a personal demonstration.