Smartvid io

About Smartvid io

Newmetrix operates in the construction industry, focusing on risk management and safety enhancement through artificial intelligence (AI). The company serves construction firms and contractors by providing a suite of AI-powered products designed to predict and prevent safety incidents. Newmetrix's core offering includes predictive analytics that analyze existing data to identify potential risks and suggest proactive measures. This approach not only helps in preventing accidents but also fosters better engagement among team members, leading to a safer work environment. The business model is primarily SaaS (Software as a Service), generating revenue through subscription fees for its software solutions. By leveraging AI, Newmetrix transforms raw data into actionable insights, enabling clients to make informed decisions and improve safety protocols. The market for Newmetrix includes construction companies looking to enhance safety measures and reduce operational risks through advanced technology.