SEERai Revolutionizes Estimation with
Unmatched Adaptability, Leveraging Artificial Intelligence, Machine
Learning, and Proprietary Data Sets for Strategic
Decision-Making
LONG
BEACH, Calif., May 14, 2024
/PRNewswire/ -- Galorath, the premier provider of digital
engineering solutions and consulting services, today announced the
availability of SEERai, an advanced chat-based generative
artificial intelligence (AI) built specifically to assist digital
engineers and engineering professionals as they plan and estimate
projects in various sectors, including information technology (IT),
software, hardware, manufacturing, aerospace, military, space, and
more. SEERai is the first of many innovations in artificial
intelligence under the Galorath AI Strategic Initiative – a
transformative, strategic development effort in digital engineering
and estimation designed to provide real-time, data-driven insights
that empower organizations to make better decisions in analysis and
planning.
Galorath launches SEERai generative AI
solution to assist digital engineers in estimating projects.
At the forefront of cost estimation technology, SEER®,
Galorath's flagship cost, schedule, and risk estimation platform,
enables businesses to streamline cost and should-cost estimation
and project planning with real-time insights into cost drivers,
risk factors, and the potential impact of hundreds of project
variables. With SEER, digital engineers are empowered with
industry-leading methodologies in digital engineering and keen,
unprecedented insight into actionable data. With the availability
of SEERai, cost estimation professionals have easy, generative
access to Galorath's proprietary knowledge base assembled and
validated over its forty-year legacy, allowing users to engage in
chat-based strategic conversations with SEERai and gain
action-oriented insights for their projects and initiatives.
"In an era where the fusion of technology and artificial
intelligence is essential to supporting workflows and meeting
today's evolving market timelines and variables, the Galorath AI
Strategic Initiative marks a significant leap forward in data
analysis and optimizing cost, schedule, and risk estimation," said
Dan Galorath, founder and chief
executive officer, Galorath Incorporated. "Since its inception,
SEER has continually embraced AI and machine learning. With the
availability of SEERai, artificial intelligence can add tremendous
value to the SEER platform, and digital engineering professionals
will reap the benefits."
SEERai is built upon the existing industry-leading capabilities
of the SEER Cost Estimation Platform. SEER's features include:
- Predictive Analytics: Accurately forecast project costs,
schedules, and potential risks.
- Machine Learning Algorithms: Improves predictions over
time as project data is shared and easily adapts to new information
and changing conditions.
- Data-Driven Decision Making: Provides insights into cost
drivers, risk factors, and the impact of different variables on
project outcomes to make informed decisions.
- Risk Analysis and Mitigation: Evaluates the
probability/impact of various risk factors on a project,
identifying potential issues before they occur and developing
mitigation strategies, and planning for program uncertainty.
- Customization and Scalability: Adapts to projects of
different sizes and complexities across various industries with a
high degree of AI algorithm customization and scalability.
- Integration with Existing Systems: Integrates seamlessly
with other project management and engineering software tools to
facilitate the exchange of data and enhance analysis.
Galorath will demonstrate SEERai at the International Cost
Estimating and Analysis Association (ICEAA) Workshop, a leading
professional development and training workshop for data-driven cost
estimating and analysis, in Minneapolis from May
14-16, 2024 (Booth #18). Expanding on SEERai, the Galorath
AI Strategic Initiative will introduce future AI solutions designed
to enhance user experience, reduce manual labor, and dramatically
improve data accuracy. Visit galorath.com/ai for current
information or to schedule a personal demonstration.
About Galorath Incorporated
Leveraging four decades of
in-market experience and success, Galorath transforms cost,
scheduling, should-cost analysis, and project estimation,
optimizing outcomes and achieving unparalleled cost efficiencies
for public and private sector organizations worldwide. SEER®,
Galorath's flagship digital engineering platform, is trusted by
industry giants like Accenture, NASA, Boeing, the U.S. Department
of Defense, and BAE Systems. SEER accelerates time to market,
dramatically enhances project predictability and visibility, and
ensures project should-costs are on track and on budget. For more
information, visit https://galorath.com/.
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SOURCE Galorath