Meet the Startup: 4M Analytics - The next generation of SUE data
4M Analytics - utilizing remote sensing capabilities & AI for mapping underground utilities
On the morning of September 17th 2020, the quiet town of Gypsum, Colorado woke up to the sound of an explosion. A gas pipe had exploded during Comcast’s fiber optic underground installation project, claiming the life of a town resident and causing an immediate halt to the critical project. After fifty days of waiting it is still unclear when this immense project will resume its operation, as its contractors have now missed a number of critical milestones they were supposed to complete before winter weather begins.
Unfortunately, incidents of this sort are not unique to Gypsum, Colorado but are common wherever there is subsurface utility work to be done. Project owners, contractors, and any other stakeholders in such projects are never aware of the full subsurface condition, as their work plans are based on often inaccurate or outdated blueprints. Regularly causing – budget overruns, construction delays, claims & changed orders, utility relocations, and safety issues.
To tackle this issue, a team of subsurface experts founded 4M Analytics – a subsurface-infrastructure geo-data company. Their core technology, a combination of remote sensing, AI, and computer vision, generates a mapping simulation engine that gives project stakeholders an accurate & up-to-date description of the subsurface terrain. Basically, a detailed map of the known and unknown utilities in the subsurface, thus preventing unexpected costs, budget overruns, infrastructure damages and schedule delays in such projects.
All prior existing solutions attempting to obtain such mappings are positively affected by 4M Analytics’ technology. As it makes manual records - redundant, field investigations - automated, geophysical locating – scalable, and the need for utility exposing - minimized. The company’s ability to optimize all phases of the subsurface mapping, positions itself as a prime contender to disrupt this manually intensive and highly expensive, $34bn Subsurface Utilities Engineering (SUE) market.
In the past year the company has worked closely with various organizations, private and government, saving them millions of dollars and countless man hours. After proving their ability and perfecting their product, the company has now set its eyes on other opportunities. The US market specifically is in their sights, as projections show that infrastructure market expenditure is going to grow by 46% between 2020 to 2025, and 4M Analytics wants to be there to take part of it.
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