See an introduction to how Southern ICF Builders is working to utilize the latest advancements in technology to innovate. Follow our progress to learn how this evolution will transform our business and the construction industry.
We are a technology-enabled innovator in our field of Construction Services. Other businesses and competitors focus primarily on the creation of complex software to enhance productivity. In reality, most of these technologies require more work to implement than they save in cost, thus having the reverse effect as intended. Southern ICF Builders is an operator focused on harvesting our own data to provide inputs to our proprietary AI system to grow our revolutionary cooperative business model. This enables cost reduction by economies of scale and eliminates redundancies that occur within traditional construction project execution as illustrated below. We are creating an end-to-end solution that connects the buyers and sellers of services through technology and with greater efficiency than available within the current market.
Through our Technology, we are improving the efficiency of human capital in construction.
We utilize data collected each day through our various trades with the power of AI to provide instant feedback to employees and customers for real time cost, schedule, and productivity analysis. This solves industry problems of low production, inefficient work, and cost overruns. Our employee owners know where to focus continuous improvement efforts to enhance profitability for themselves and our investors. Manual assumptions and guesswork, typical in cost estimates, are removed from the equation to provide greater customer confidence. Inefficiencies in pricing exercises and schedules are eliminated. This data is provided in real time with AI-recommended allowances for raw material cost and lead times, which customers can override if necessary.
Our B2B customers (General Contractors and Developers) subscribe to a membership in our cooperative to utilize our software in order to achieve these cost and schedule efficiencies to pass along to their customers. Through our membership network connecting buyers and sellers, our proprietary software 1) gives buyers (customers and their clients) piece of mind their pricing is competitive and work will be completed by a qualified company, and 2) gives sellers (employee owners and partners) confidence that they will be paid a fair rate without hassle plus the benefits of increased purchasing power and an ongoing supply of work with steady cash flow.