Autodesk Invests in Smartvid.io

Boston – Autodesk, Inc. has announced an investment in Boston-based startup Smartvid.io. This is construction-focused technology rooted in machine learning and helps reduce risk in a high-risk, low-margin industry.

Autodesk also introduced a number of customer-driven new features and services for Autodesk Revit users designed to improve the work of professionals across the architecture, engineering, and construction (AEC) industry.

Smartvid.io embraces machine learning to automate speech and image recognition, make photos and videos searchable using system-generated (automated) SmartTags, and provide metrics on project safety, productivity, and quality. The investment is expected to accelerate the delivery of AI to the AEC industry and the built environment as a whole.

Autodesk continues to deploy its own machine learning service — Autodesk BIM 360 Project IQ — which identifies and prioritizes risk on a project site before those risks turn into costly problems.