IP Library Granted Patent US 11,557,009
Granted Patent B2
US 11,557,009 · App. 16/951,797 · Granted Jan 17, 2023

System and method for generating financial assessments based on construction site images

Inventors: Michael Sasson (Petah Tikva, IL); Ron Zass (Kiryat Tivon, IL); Shalom Bellaish (Tel Mond, IL); Moshe Nachman (Tel-Aviv, IL)
Assignee: CONSTRU LTD
G06Q50/08G06F16/2379G06F16/583G06K9/623G06K9/6215G06K9/6256G06N20/00G06Q10/06311G06Q40/025G06Q40/08G06Q40/12G06T7/001G06T7/0004G06T7/70G06V10/10G06V20/00G06V20/176G06V20/20G06T2200/24G06T2207/20092G06T2207/30132G06T2207/30242
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Quick Facts
Patent No.
US 11,557,009
App. No.
16/951,797
Granted
Jan 17, 2023
Kind
B2
Abstract

Systems and methods for generating assessments based on construction site images are provided. For example, image data captured from a construction site using at least one image sensor may be obtained. Further, at least one electronic record associated with the construction site may be obtained. The image data and the at least one electronic record may be analyzed to generate at least one assessment related to the construction site. For example, the image data may be analyzed to identify at least one discrepancy between the at least one electronic record and the construction site, and the identified at least one discrepancy may be used in the generation of the at least one assessment.

Claims (42)

1. A non-transitory computer readable medium storing data and computer implementable instructions for carrying out a method for generating assessments based on construction site images, the method comprising:

obtaining image data captured from a construction site using at least one image sensor, the image data comprises at least a first image corresponding to a first point in time and a second image corresponding to a second point in time, the elapsed time between the first point in time and the second point in time is at least one day;

obtaining at least one electronic record associated with the construction site;

analyzing the image data and the at least one electronic record to identify at least one discrepancy between the at least one electronic record and the construction site; and

using the identified at least one discrepancy to generate at least one assessment related to the construction site, the generated at least one assessment is based on a comparison of the first image and the second image.

2. The non-transitory computer readable medium of claim 1 , wherein the at least one electronic record comprises a project schedule associated with the construction site, and the method further comprises:

analyzing the image data and the project schedule to identify a delay with respect to a planned schedule; and

in response to the identified delay with respect to the planned schedule, updating a requirement related to the construction site.

3. The non-transitory computer readable medium of claim 1 , wherein the method further comprises:

accessing at least one previous assessment related to the construction site;

comparing the at least one previous assessment with the generated at least one assessment to determine a magnitude of change;

comparing the magnitude of change with a selected threshold;

in response a determination that the magnitude of change is above the selected threshold, providing a notification to a user; and

in response a determination that the magnitude of change is below the selected threshold, forgoing providing the notification to the user.

4. The non-transitory computer readable medium of claim 1 , wherein the method further comprises:

analyzing the image data to detect at least one object in the construction site;

analyzing the image data to identify at least one property of the at least one object; and

basing the generated at least one assessment on the at least one property.

5. The non-transitory computer readable medium of claim 1 , wherein the image data comprises one or more indoor images of the construction site, the at least one object comprises a plurality of tiles paving an indoor floor, the at least one property comprises a number of tiles, and the generated at least one assessment is based on the number of tiles.

6. The non-transitory computer readable medium of claim 1 , wherein the at least one electronic record comprises a construction plan associated with the construction site, and the method further comprises using the construction plan to generate the at least one assessment related to the construction site.

7. The non-transitory computer readable medium of claim 1 , wherein the at least one electronic record comprises a project schedule associated with the construction site, and the method further comprises using the project schedule to generate the at least one assessment related to the construction site.

8. The non-transitory computer readable medium of claim 1 , wherein the at least one electronic record comprises a financial record associated with the construction site, and the method further comprises using the financial record to generate the at least one assessment related to the construction site.

9. The non-transitory computer readable medium of claim 1 , wherein the at least one electronic record comprises a progress record associated with the construction site, and the method further comprises using the progress record to generate the at least one assessment related to the construction site.

10. The non-transitory computer readable medium of claim 1 , wherein the method further comprises using a position associated with at least part of the image data to generate the at least one assessment.

11. The non-transitory computer readable medium of claim 1 , wherein the method further comprises using a time associated with at least part of the image data to generate the at least one assessment.

12. The non-transitory computer readable medium of claim 1 , wherein the generated at least one assessment comprises a risk assessment related to a loan associated with the construction site.

13. The non-transitory computer readable medium of claim 1 , wherein the method further comprises analyzing the image data to update at least one parameter of a loan associated with the construction site.

14. The non-transitory computer readable medium of claim 1 , wherein the generated at least one assessment comprises a risk assessment related to an insurance policy associated with the construction site.

15. The non-transitory computer readable medium of claim 1 , wherein the method further comprises analyzing the image data to update at least one parameter of an insurance policy associated with the construction site.

16. The non-transitory computer readable medium of claim 1 , wherein the generated at least one assessment comprises a valuation associated with the construction site.

17. The non-transitory computer readable medium of claim 16 , wherein the valuation comprises a prospective valuation associated with at least part of a constructed building in the construction site after a completion of construction in the construction site.

18. A system for generating assessments based on construction site images, the system comprising:

at least one image sensor configured to capture image data from a construction site, the image data comprises at least a first image corresponding to a first point in time and a second image corresponding to a second point in time, the elapsed time between the first point in time and the second point in time is at least one day; and

at least one processor configured to:

obtain at least one electronic record associated with the construction site;

analyze the image data and the at least one electronic record to identify at least one discrepancy between the at least one electronic record and the construction site; and

use the identified at least one discrepancy to generate at least one assessment related to the construction site, the generated at least one assessment is based on a comparison of the first image and the second image.

19. A method for generating assessments based on construction site images, the method comprising:

obtaining image data captured from a construction site using at least one image sensor, the image data comprises at least a first image corresponding to a first point in time and a second image corresponding to a second point in time, the elapsed time between the first point in time and the second point in time is at least one day;

obtaining at least one electronic record associated with the construction site;

analyzing the image data and the at least one electronic record to identify at least one discrepancy between the at least one electronic record and the construction site; and

using the identified at least one discrepancy to generate at least one assessment related to the construction site, the generated at least one assessment is based on a comparison of the first image and the second image.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 6, 2022
From: SASSON, MICHAEL; ZASS, RON; BELLAISH, SHALOM; NACHMAN, MOSHE
To: CONSTRU LTD.
Reel/Frame 060988/0301 →
Continuity (5)
Continuation 16277083 · Feb 15, 2019
Provisional Application 62631757 · Feb 17, 2018
Provisional Application 62666152 · May 3, 2018
Provisional Application 62791841 · Jan 13, 2019
Related Publication 20210073928A1 · Mar 11, 2021