The company raises guidance on the strength of the first half performance. As companies in design and engineering are turning in their second and third quarters for the year, it’s been fascinating to see how fortunes have changed. Nemetschek, like many companies in AEC, took an early hit when coronavirus came to Europe and the US, the primary markets for Nemetschek. But as we … [Read more...] about Nemetschek is optimistic about 2021
construction
Katerra Kaput
Pioneer in digitalized design and construction goes down with arrows in its back. Katerra, founded in 2015 by former Flextronics CEO Michael Marks and Fritz Wolff of the Wolff Co. in Menlo Park, recently notified its employees that it did not have sufficient funds for payroll. News site The Information broke the news on June 1. The company blamed Covid-19, the rising cost … [Read more...] about Katerra Kaput
Trimble reports Q1 results and raises full year guidance
The company navigates its way through several transitions. Trimble reported their first-quarter results this week and said they’re pleased with the results and looking forward to new growth. Compared to its peers in the market, Trimble has been a little late in the process of moving to subscriptions, and that really hasn’t been a bad idea since they’ve seen the consequent hit … [Read more...] about Trimble reports Q1 results and raises full year guidance
Nemetschek sees a bright future ahead
The last 12 months have confirmed the company’s commitment to integration. Nemetschek closed out its fiscal year at the end of March, meeting its targets after raising them before the year’s end, and predicts at least high single-digit growth with EBITA margin between 27% and 29%. Nemetschek reported revenues of EUR 596.9 million for 2020, a 7% increase over the year … [Read more...] about Nemetschek sees a bright future ahead
Autodesk empowers construction teams with Autodesk Build
At AU 2020, Autodesk CEO Andrew Anagnost talked about how pandemic changed the way we worked and collaborated. Autodesk’s cloud offerings were being developed at an accelerated rate in 2020. At AU, Autodesk announced three new products for Autodesk’s Construction Cloud platform: Build, Quantify, and BIM Collaborate. The platform provides data and information in one central … [Read more...] about Autodesk empowers construction teams with Autodesk Build
AU 2020: Autodesk’s continued focus on AEC
Autodesk continues building out its construction and cloud options; updates Revit. The motto for AU this year was Reimagine Possible and we’ve been doing plenty of that. We’re reimagining everything from going to the grocery store to visiting with friends using a computer. Why should work be any different? Autodesk CEO Andrew Anagnost talked about how the pandemic has … [Read more...] about AU 2020: Autodesk’s continued focus on AEC
Autodesk’s digital twin initiative for AEC: Autodesk Tandem
One of the announcements Autodesk made at AU last week is the future availability of Autodesk Tandem, a platform for packaging digital twin BIM for handoff to owner/operators. During the general keynote session at AU, President and CEO of Autodesk, Andrew Anagnost said, “Construction will be permanently digitized. There’s more need to coordinate workflows between teams and … [Read more...] about Autodesk’s digital twin initiative for AEC: Autodesk Tandem
Autodesk acquires Spacemaker: cloud-based AI to empower architects
Autodesk University 2020 concluded last week as a virtual event. There was no hustle-bustle of crowd that would usually gather at Las Vegas during this time of the year. Although AU took place virtually, the event was equally incredible. A global AU community attended the general session and industry keynotes, live leadership panels, more than 750 on-demand classes, and 350+ … [Read more...] about Autodesk acquires Spacemaker: cloud-based AI to empower architects
Aidea is building together with Graphisoft
Founded in 1995, Aidea is an integrated design and technology firm based in Philippines. The company transitioned to BIM completely in 2005. It’s been 15 years of partnership with Graphisoft, since Aidea started using ArchiCAD. Aidea has completed 800 projects in 90 cities worldwide. Some of the projects of Aidea include Mandani Bay, Bonifacio High Street Central, Crimson … [Read more...] about Aidea is building together with Graphisoft
Trimble chalks up good quarter; holds its cards close
Making big machines roll: Trimble connects the real world to the digital world and makes the wheels go round. Trimble’s fiscal third-quarter report for 2020 reveals a company that’s managing a transition to subscription and building new business in several segments. The pandemic did not come at an ideal time for the company and the company has responded by taking a pass on … [Read more...] about Trimble chalks up good quarter; holds its cards close