Major Contractors Boost Profits by Optioneering Their Schedules with ALICE Platform
Menlo Park, CA - January 30, 2024 – ALICE Technologies today announced that multiple European customers have substantially increased the profitability of their major construction projects by optioneering their schedules using the ALICE platform. The AI-powered construction optioneering solution helps general contractors and owners worldwide to leverage the power of generative scheduling to plan, bid and build their capital projects more efficiently.
Customers are currently using the ALICE platform on a variety of infrastructure projects across Europe. With ALICE, they are able to challenge their baseline schedules and explore alternative ways to build using ALICE’s powerful “what-if” analysis capabilities. Through this optioneering process, ALICE customers have developed schedule alternatives that are substantially more profitable than the originals.
As exemplified here, through their use of the ALICE platform, major European GCs have increased their profits by an average of 91%:
|
Project type
|
Original profit margin (est.)
|
Profit with ALICE optioneering
|
% increase
|
|
Railway bridge
|
2.0%
|
3.9%
|
95%
|
|
Prison complex
|
5.0%
|
5.8%
|
16%
|
|
Ventilation shafts
|
2.0%
|
6.8%
|
240%
|
|
Railway bridge
|
4.0%
|
9.0%
|
125%
|
|
Metro cavern
|
4.0%
|
10.6%
|
165%
|
|
Average
|
3.4%
|
6.5%
|
91%
|
“The construction industry is one that has historically had very low margins,” said ALICE CEO René Morkos. “With such little wiggle room, even a modest delay can transform a project from winner to loser. With ALICE, our customers are exploring alternatives to their baseline schedules and improving on them in ways that are decreasing risk and significantly increasing profits. These results represent the transformative power of construction optioneering, and we’re pleased to be helping our customers to revolutionize their results.”
ABOUT ALICE TECHNOLOGIES
ALICE Technologies is the creator of the world’s first construction optioneering platform. Founded in 2015 and spun out of research from Stanford University, ALICE helps large contractors and owners to reduce risk and plan, bid and build more efficiently. The company works with large customers in the infrastructure, industrial, and commercial construction segments, such as Bouygues, SCS JV and Implenia. Headquartered in the U.S. ALICE also has significant operations in the Czech Republic, the U.K., and India. Learn more at www.alicetechnologies.com.
Media contacts:
Phil Carpenter
ALICE Technologies
(650) 787-5444
phil@alicetechnologies.com
