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FORO Founder Brett Boston: ‘Time to Talk About How Good A.I. is Getting for...
Artificial Intelligence is a proven technology for identifying hidden data relationships and patterns in massive amounts of data. While its use in banking, retail and healthcare has been widespread it is underutilized for transportation decision making. FORO is proving it's time to start taking its potential seriously for meeting transportation challenges.
FORO pioneered AI solutions in Indiana over three years ago, when they built customized algorithms to process INDOT asset management data. Using a real-time process with INDOT stakeholders, FORO developed an AI engine to process and refine project decisions and financials. This approach identified an additional $106 million in savings for project bundling and reduced the time required to select them from months to minutes.
Since then, FORO has expanded its AI process into:
- Automating estimate and bid process analysis
- Prioritizing and sequencing IIJA projects
- Projecting IIJA impacts on contract letting and pricing
- Calculating and identifying equity across projects
FORO and AI for DOTs has been growing ever since. Why? The answer is simple. Visionary DOT clients need new ways to maximize their mission given their limited resources and staff. Especially now with the influx of new funds from the Federal Infrastructure Investment & Job Acts.
Applying AI to specific agency challenges is where FORO's tailored approach for has blossomed. It is FORO and DOT staffs working together to build custom AI engines that actually work to save staff time, money, and to make better strategic decisions.
"Technology is part of the solution, but it isn't the whole answer," says Vern Herr, Chief AI Evangelist of FORO. "Our process is human-centric. People aren't going away. They're just going to be able to move faster, make fewer mistakes and understand what data is really useful for making decisions. AI helps people and processes get smarter quickly."
FORO's AI philosophy is prudent: Take a one-step-at-a-time approach. They work hand-in-hand with their DOT clients to identify the places where AI can add value, gather relevant client data, and define vital business rules.
FORO founder Brett Boston says, "Working with DOT partners we are creating the next generation of AI applications for DOTs across the country. Now with the huge influx of IIJA funding, our DOT expertise has never been more relevant or in demand. Since staffs are not increasing and there are no in-house data AI gurus, FORO helps DOTs make the most of what they have, fulfill their mission and maximize stewardship/the value of taxpayer dollars.
"The American infrastructure needs work. Our roads and bridges are outdated in many areas and it's the roads that keep the economy rolling. And it is the job and responsibility of each DOT to get that done. And we love to help these dedicated professionals maintain the best transportation system on the planet running as efficiently as possible.
"Their challenges are many and FORO AI is a small part in meeting those challenges. Our customers have always been our best advertising. No moon-shot promises, just grounded and demonstrable results using our FORO process and AI."
Every AI journey starts with a first step, and that step for transportation is getting better every day with FORO.
About FORO
Founded in 2017, FORO is a facilitator in the improvement of organization, collaboration, and decision-making using artificial intelligence. FORO is based in Atlanta, GA with offices in St. Louis, MO.
Contact Information:
Tim O'Neil
Director
[email protected]
1-850-212-5454
Press Release Service by Newswire.com
Original Source: FORO Founder Brett Boston: 'Time to Talk About How Good A.I. is Getting for Meeting IIJA Challenges'
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NBA Legend & Former Villanova Assistant Coach Launch ‘Friends of Nova’ Name, Image, and...
PHILADELPHIA - October 11, 2022 - (Newswire.com)
Former members of the Villanova Wildcats family and community leaders in the Philadelphia area have partnered with Blueprint Sports, the industry leader in full-service Name, Image, and Likeness (NIL) collectives, to unveil Friends of Nova — the first NIL collective supporting men's basketball student-athletes at Villanova University. As one of the nation's premier basketball programs, the Villanova Wildcats have won the NCAA D-1 National Championships three times, most recently in 2016 and 2018.
Friends of Nova is spearheaded by Randy Foye and Ashley Howard, two legacy members and well-known figures of the Villanova men's basketball family. Both having deep ties to Villanova University's athletics program, Howard and Foye will serve as co-executive directors of the Friends of Nova collective. Howard previously served as the assistant coach for Villanova University's men's basketball team from 2013 to 2018 under then-Head Coach Jay Wright. Foye played on Villanova University's men's basketball team from 2002 to 2006, before being drafted in the first round of the 2006 NBA Draft and beginning his professional basketball career.
"Playing basketball at Villanova University was the honor of a lifetime and this opportunity to kick off Friends of Nova really means a lot to me," said Foye. "We are thrilled to give back and work hand in hand with supporters, fans, community members and alumni to build something meaningful and open doors to new possibilities for future generations of student-athletes."
Local and national businesses, as well as community supporters, have multiple options to engage with Villanova student-athletes. Friends of Nova builds partnerships between businesses, brands, and student-athletes for marketing opportunities, including online influencer campaigns, local appearances, youth sports coaching, speaking engagements, and more. Additionally, tax-deductible contributions can also be made through the BPS Foundation, a 501(c)(3) partner organization formed to educate, encourage, and assist student-athletes in their efforts to engage with the local community through charitable causes.
"Friends of Nova will allow us to help provide opportunities for student-athletes to not only capitalize on their name, image and likeness, but connect with their community and learn about financial literacy," said Howard. "I look forward to spearheading this initiative alongside Randy to help support our Wildcat family and help the Villanova community be a part of something bigger."
For more information, visit friendsofnova.com and follow @FriendsofNova on Facebook, Twitter and Instagram.
Media Contact:
For "Friends of Nova" and Blueprint Sports
The Ferraro Group
Halley Metcalfe
(702) 969-9004 / [email protected]
Contact Information:
Halley Metcalfe
Account Executive
[email protected]
(702) 969-9004
Press Release Service by Newswire.com
Original Source: NBA Legend & Former Villanova Assistant Coach Launch 'Friends of Nova' Name, Image, and Likeness Collective Around Villanova University Student-Athletes