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Coforge's Smart Glass Solution for Real-Time Inspection and Seamless Reporting (Property Damage Assessment)

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Overview.

Property inspectors specializes in property inspection and generating comprehensive inspection reports that are sent to Underwriters for evaluation. Professionally trained and certified Inspectors typically conduct these inspections. Thorough and accurate property inspections play a crucial role in safeguarding investments, ensuring compliance, and maintaining property values. 

Challenges.

  • The key business challenges were,
    The traditional property inspection process is often time-consuming, prone to human error, and lacks real-time data analysis capabilities. It takes about 3 days per inspection.
  • Inspectors face challenges such as navigating complex property layouts, documenting intricate details, and compiling comprehensive reports in a timely manner.
  • Additionally, the manual nature of the process can lead to inconsistencies and missed defects, potentially exposing clients to legal and financial risks.
  • The underwriters have to read usually large and complex reports, consolidate and then calculate premium. – a time consuming process with delays and subjectivity attached.

Solution.

  • Our solution leverages the power of Smart Glass technology, seamlessly integrated with an AI-driven platform, to modernize property inspection process. This innovative approach enables real-time, hands-free inspections, streamlining the entire workflow and delivering unparalleled efficiency.

  • Through the Smart Glass interface, our AI solution automatically detects and captures any issues or defects within the property, ensuring comprehensive and accurate assessments.

  • Leveraging advanced speech-to-text conversion capabilities, the system seamlessly transcribes the inspector's observations, eliminating the need for manual notes taking.

  • The true power of our solution lies in its ability to generate comprehensive Property Inspection Reports in a matter of seconds. These reports are organized into distinct segments, providing a clear and concise overview of the inspection findings.

  • Detailed item-wise descriptions, coupled with high-resolution images of identified defects or damages, offer a comprehensive visual representation of the property's condition. 

  • Moreover, our AI-driven analytics engine automatically analyzes the inspector's observations, generating an automated summary, severity rating, and risk score. This invaluable information empowers property inspectors and underwriters to make informed decisions, mitigate risks, and prioritize necessary actions with confidence. 

     

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Technology Stack:
Vuzix M300 Smart Glass, React Native + TFJS, Tensorflow - Object Detection Model, Deep Learning Model for Vocal extraction, Google cloud Speech-To-Text and Translate, NLP, Python, OpenCV

THe Impact.

  • Here is a summary of the achieved results and improvements resulting from our Smart Glass Property Inspection solution.
  • Completely digitized process
    • Hands free Smart Glass
    • Voice enabled camera for taking pictures
  • Strong embedded AI to auto detect issues within property
  • Rules Engine to calculate severity, count of damaged items
  • Automatic report generation
  • 3 days inspection process reduced to few hours, which is about 200% efficient
  • AI generated report with crisp, summarized information
  • Underwriter saves time by not reading the enormous report in entirety

Bring us your challenge.

Let’s Coforge your next success story.

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