Artificial Intelligence (AI) has significantly transformed the workplace by enhancing efficiency, safety, and decision-making. Through advanced technologies such as real-time video analytics, AI helps monitor job sites, identify potential hazards, and optimise resource allocation.
In Southeast Asia (SEA), Ailytics is one company that uses AI to enhance safety and productivity in industrial workplaces. As a video analytics provider, their technology continuously analyses video feeds, delivering real-time insights to optimise operations and reduce the risk of accidents.
By harnessing the power of AI, the company aims to surpass industry standards, creating safer and more efficient work environments. Their solutions enable businesses to improve operational performance while prioritising worker safety.
“Current methods for monitoring of operations, especially safety, are manual, tedious, costly and ineffective,” explains Wei Zhuang (Lenard) Tan, Founder & CEO at Ailytics, to e27 in an email.
“Our solution augments the site team to help them automate monitoring of high-risk works over a much longer duration and area.”
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Ailytics began as a two-year R&D project in collaboration with HDB and AISG during the founders’ time at NUS.
Through extensive research, product feedback, and testing, the team gained a deep understanding of the challenges faced by the construction and heavy industries. This led to the decision to spin off the project as a startup, recognising the significant impact their solution could have across multiple sectors.
Early support from governmental organisations in Singapore, such as JTC Corporation, the Housing Development Board (HDB), and the Land Transport Authority (LTA), was instrumental. They encouraged contractors working on major projects, such as the Jurong Innovation District, Tengah, and Punggol Digital District, to adopt the technology early, providing invaluable feedback that shaped many of the solution’s critical features.
In addition, Ailytics participated in industry-focused programmes such as BEAMP by BCA, which connects industry challenges with innovative solution providers. This platform enabled them to collaborate with key players and further refine their offerings. A notable example is their recent partnership with Tiong Seng, developing a productivity-tracking solution for the ongoing construction of One Pearl Bank.
The company also recently participated in the International Built Environment Week (IBEW) in Singapore from September 4 to 6.
“This greatly helps to promote sustainable innovation in the industry and opportunities for startups,” says Tan.
Ailytics serves users primarily from project and management teams, including safety officers and project managers, while its customers consist of general contractors, developers, governments, and building owners. The company focuses on heavy industries such as construction, manufacturing, maritime, defence, and oil & gas, with deployments across seven countries.
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Deeper into GenAI
Ailytics, co-founded by Tan and CTO Prateek Manocha, is headquartered in Singapore with a second office in Hong Kong. Its team of 15 members runs the company.
With two funding rounds raising a total of US$3.2 million, Ailytics has attracted investors, including Tin Men Capital, Aurum Investments, and AngelCentral, to support its mission of enhancing safety and efficiency in heavy industries.
Looking ahead, Ailytics aims to expand its solutions across more Asian markets, targeting a wider range of heavy industries.
The company also invests in developing Generative AI (GenAI) capabilities to improve real-time video analytics, tackling complex challenges with innovative, cutting-edge technology.
Ailytics envisions creating a comprehensive platform to support industries that rely on video data for monitoring, risk management, and operational efficiency, positioning itself at the forefront of AI innovation in Asia.
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Image Credit: Ailytics
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