Page 15 - FUGRO PR REPORT MAY 2024

5/16/24, 12:55 PM Fugro showcases its early screening solutions at a key Conference in Saudi Arabia - LogisticsGulf
Fugro [Supplied image] As a recognised leader in Geo-
data solutions, Fugro’s
technology targets the challenges that slow down infrastructure

development, often leading to extended schedules and cost overruns.

KPMG’s 2023 Global Construction Survey revealed that 50% of

construction projects exceed their scheduled completion times, and

37% surpass budget forecasts, often due to an inadequate
understanding of subsurface conditions.

Critical data

Fugro addressed this challenge by providing critical data during the

initial planning and design phases empowering its clients to make
informed decisions.

At the IGIC event, Dr. Rod Eddies, Solution Director Land Site
Characterisation, Fugro, opened the session titled, ‘Early Screening

for Improved Management of Geo-risks’ as a keynote speaker. He
discussed the shift from traditional investigation methods to advanced

techniques resulting in improved decision-making, reduced biases,
and enhanced project outcomes.

Machine Learning

Additionally, Dr Alexandre Boleve, Innovation Engineer, Fugro,

participated in a session titled: ‘Machine Learning and Geo-statistics
in Geo-Risk Management,’ exploring how AI and Machine Learning

can mitigate risks and improve efficiencies in construction projects.

Fugro also participated in the International Port & Marine

Development Conference (IPMDC) held in synchrony with IGIC,
highlighting its specialised solutions and technologies crucial for the

sustainable development of marine and coastal projects.

https://logisticsgulf.com/2024/05/fugro-to-showcases-its-early-screening-solutions-at-a-key-conference-in-saudi-arabia/ 2/3