People category powered by

Nodes & Links launches the world’s first AI Project Controls Consultancy

In a move that was celebrated by the industry, Nodes & Links has unveiled the world's first generative AI tool designed for project reports. Dr. Christos Ellinas, the startup's co-founder and CTO, shared insights on this remarkable innovation with CBN.

Last week, Cyprus-based startup Nodes & Links introduced into its toolbox a private, GPT-like tool that marks a significant leap forward in project reporting, providing the capability to create comprehensive project report narratives – essentially conveying the project's purpose, execution, desire outcomes and progress.

"As their projects evolve, clients and general contractors are in dire need of communicating progress, risks, and all sorts of challenges," explains Dr. Christos Ellinas, the startup’s co-founding CTO. "What we have developed essentially shortcuts all of this with two clicks: one to add the widget you care about (say, the report’s progress), and another to generate the narrative of that widget. You can then share it with a link, just like Google Docs."

Established in 2019, Nodes & Links has established itself as a leader in AI-powered project management solutions, effectively streamlining the complexities that come with managing intricate projects. The platform equips project managers and planners with a robust toolkit, integrating advanced analytics and artificial intelligence techniques, which, in turn, results in accelerated project delivery and reduced costs. This multifaceted approach empowers professionals to model a project's structure and dynamics while offering an in-depth analysis of its performance and associated risks. The startup platform caters to a diverse range of industries, from energy and construction to defense.

According to Dr. Ellinas, the startup’s new tool is set to reduce a traditionally time-consuming process, often taking several hours, to a mere five minutes. He says, "This is critical for companies that are running hundreds of projects at the same time. As an example, we have also announced a partnership with AECOM, the largest project consultants in the world, where a team of 3 handles 150 projects live. At scales of this sort, reporting is just impossible to be done properly with conventional methods.”

Read More

Niki Ioannou-Chandriotou: Why Cyta Business supports the CBN Young Dragon Awards (video)
Xenios Konomis: While the path to net zero is challenging, it also offers significant benefits for business leaders who embrace sustainability
Philippe Bone discusses Accor's plans for at least 40 hotels in Cyprus, with 10 projects already underway
Noam Weiman: The Cypriot market is modern, developed, with very good infrastructure
Andreas Livadiotis: Cyprus has truly become the fintech capital of the area
Johny Abuaitah: I believe that AI will be the true game-changer for brokers in the coming years
Harris Tsangarides: Concerns about casinos have been dispelled
Natasa Pilides appointed member of AstroBank’s Board of Directors
Panicos Nicolaou agrees to stay on as Bank of Cyprus CEO
Christoforos Soutzis appointed CEO of Capital.com SV Investments Ltd