A Texas-based provider of capital planning and construction management software has launched what it claims is a first-of-its-kind artificial intelligence platform.
Aurigo Software, based in Austin, has launched its Lumina platform with two major applications – Lumina GPT and Lumina Analytics. The latter is said to provide “nuanced” insights, and “ensure predictability, and improve overall productivity”/
The company claims Lumina will enhance the way users retrieve, collate, and make decisions around critical capital programme data.
According to the company, the “natural complexity” of large infrastructure and facility projects, coupled with the proliferation of modern cloud and mobile tools geared toward capital owners, has led to an increase in siloed data, and the fragmentation of critical files and documents across multiple systems.
Despite the use of project management tools, the Aurigo says, locating and validating information remains “challenging”. Additionally, “insufficient monitoring” often results in inaccurate budget and schedule estimates that cause unexpected overruns.
Balaji Sreenivasan, chief executive and founder of Aurigo Software, said: “Lumina is a game-changer for infrastructure owners, transforming how they leverage data with advanced insights, analytics, and AI-driven searches.
“This launch of our AI copilot for Aurigo Masterworks is a key step in our mission to enable smarter planning, better building, and a brighter future.”
Lumina is said to drive scalable benefits to customers working with Aurigo’s existing products, including the company’s flagship capital program management suite, Masterworks.
Lumina GPT utilizes generative AI and natural language processing to streamline data and document searches, providing teams with quick and secure access to essential project resources, which enhances project execution.
Lumina Analytics, meanwhile, applies machine learning to analyse patterns in both real-time and historical findings, improving schedule and budget accuracy for each new project, while helping teams proactively address risks and ensure reliable project outcomes.
Aurigo plans to expand the Lumina platform with additional AI-powered products in 2025 and beyond.
Advanced risk management capabilities that focus on real-time risk scoring and trend analysis across an entire capital project portfolio will be available by mid-year, the company says.
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