Building information modeling

The AI Revolution For Facility Management Is Here

Retrieved on: 
Mittwoch, Mai 1, 2024

NAPLES, Fla., May 1, 2024 /PRNewswire/ -- By integrating Building Information Modeling (BIM) and digital twins with existing AEC data, indoor GIS, and AI, facility owners and operators are actively unlocking immense value. Facility owners are leveraging often underutilized current data to forge a cohesive, AI-ready infrastructure. This process not only enhances immediate operations but also strategically positions facilities for future technological advancements.

Key Points: 
  • CDV Systems, Inc. and 26 Degrees Software, LLC., leaders in Building Information Modeling (BIM) and makers of Collectus, and ONUMA, Inc., renowned for ONUMA System digital twin technology, are redefining the landscape of facility management.
  • In the realm of BIM for facility management, it's essential to delineate the roles and leverage expertise efficiently.
  • AI algorithms optimize maintenance schedules and predict potential system failures, ensuring robust facility management.
  • This approach not only streamlines management processes but also fosters more effective decision-making through a well-defined data structure and practices, establishing a new benchmark in intelligent building management.

Malaysia Elevators and Escalators Market Growth Forecast 2024-2029: Sustainable Construction Practices and Regulatory Maintenance to Drive Expansion - ResearchAndMarkets.com

Retrieved on: 
Montag, April 29, 2024

The "Malaysia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Malaysia elevator and escalator market size is expected to grow at a CAGR of 3.82% from 2023-2029.
  • The top 4 prominent vendors, including Schindler, TKE KONE, and Mitsubishi, account for 35% of the Malaysia elevator and escalator market share.
  • These projects are projected to support the growth of the Malaysia elevator and escalator market.

Autodesk and the Nemetschek Group Agree to Advance Open, Interoperable Workflows for Design and Make Industries

Retrieved on: 
Mittwoch, April 24, 2024

But too often, people, processes, and data are siloed due to software and file incompatibility, resulting in inefficient workflows.

Key Points: 
  • But too often, people, processes, and data are siloed due to software and file incompatibility, resulting in inefficient workflows.
  • "Extending Autodesk's cloud and desktop solutions with Nemetschek interoperability is a huge step towards optimizing our customers' workflows and helping them generate better project outcomes."
  • "Supporting openBIM, interoperability, and open industry standards is deeply rooted in the Nemetschek Group's DNA," said Marc Nézet, Chief Strategy Officer of the Nemetschek Group.
  • This will enable the two companies to improve upon existing data exchanges and open new data-centric workflows that span disciplines and industries.

Analogue Records Net Profit of HK$251.5 Million in FY2023

Retrieved on: 
Montag, März 25, 2024

-- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%

Key Points: 
  • -- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%
    The Group's revenue for the Year was HK$6,132.9 million and gross profit was HK$833.3 million.
  • Profit attributable to owners of the Company was HK$251.5 million, representing a year-on-year increase of 119.5%.
  • The Group's contracts-in-hand remained at a high level of HK$11,459.6 million, providing a solid foundation for the business going forward.
  • Revenue of the Environmental Engineering segment grew by 9.9% to HK$1,356 million year-on-year, with contracts-in-hand amounting to HK$4,165 million as at 31 December 2023.

Michigan State University Launches Groundbreaking BIM-Ready Complete Program in Partnership with TechnoStruct Academy

Retrieved on: 
Mittwoch, April 3, 2024

To address the ever-widening gap between academia and the reality of construction practices, Michigan State University (MSU) is partnering with TechnoStruct LLC, the leading institute for BIM implementation in the US.

Key Points: 
  • To address the ever-widening gap between academia and the reality of construction practices, Michigan State University (MSU) is partnering with TechnoStruct LLC, the leading institute for BIM implementation in the US.
  • To boost its global presence, TechnoStruct Academy (TSA), the educational arm of TechnoStruct LLC, has joined as the educational partner in this collaborative effort.
  • "We are thrilled to partner with Michigan State University in launching the BIM-Ready Complete program, representing a significant milestone in our mission to provide comprehensive BIM training and empower professionals to excel in the AEC industry," says Aniruddha Roy, TechnoStruct Academy.
  • "At TechnoStruct Academy, our BIM-Ready Complete program is a hands-on, practical training that sets you up for success in the fast-paced world of Building Information Modeling.

Pixie Dust Technologies Announces the Joint Development of Rebar Inspection System

Retrieved on: 
Dienstag, Februar 20, 2024

NEW YORK and TOKYO, Feb. 20, 2024 /PRNewswire/ - Pixie Dust Technologies, Inc. (Nasdaq: PXDT) (the "Company"), a Japanese technology company focused on commercializing innovative products and materials utilizing proprietary wave control technology, announced the joint development of the Rebar Inspection System, a technology that captures still images of objects measured from a distance, with MAEDA Corporation and Accenture Japan Ltd.

Key Points: 
  • NEW YORK and TOKYO, Feb. 20, 2024 /PRNewswire/ - Pixie Dust Technologies, Inc. (Nasdaq: PXDT) (the "Company"), a Japanese technology company focused on commercializing innovative products and materials utilizing proprietary wave control technology, announced the joint development of the Rebar Inspection System, a technology that captures still images of objects measured from a distance, with MAEDA Corporation and Accenture Japan Ltd.
  • The Rebar Inspection System utilizes Pixie Dust's spatial data platform "KOTOWARI™," an advanced application designed to acquire, store, and utilize special data, comprehensively analyzing various phenomena in space, including digital data.
  • The Rebar Inspection System on-site construction management testing for reinforcing bar arrangement inspections revealed an 80% reduction in shooting time compared to conventional imaging methods.
  • "With rising social demands, including adherence to regulations limiting overtime work and calls for work style reform, we anticipate the Rebar Inspection System to transform the process of capturing documentary photographs.

7.93% CAGR Growth in Construction Estimation Software Market by End-user (Architects and builders, Construction managers, Contractors, and Others), Deployment (Cloud-based and On-premise) and Region - Forecast to 2027 - Technavio

Retrieved on: 
Dienstag, Januar 30, 2024

North America held the largest share of the global market in 2022, and the region is estimated to witness an incremental growth of 32%.

Key Points: 
  • North America held the largest share of the global market in 2022, and the region is estimated to witness an incremental growth of 32%.
  • With the increasing need for precise project cost estimation and efficient management, architects and builders are key end users.
  • Construction Estimation Software revolutionizes the industry by providing Cost Estimation Tools and Quantity Takeoff Software integrated with Building Information Modeling (BIM).
  • The procurement software market size is estimated to grow at a CAGR of 10.2% between 2022 and 2027.

United States Geospatial Imagery Analytics Market Report 2023-2028: A Multi-Billion Industry Characterized by Intense Competition Between Bentley Systems, BlackSky Technology, Esri, Maxar Technologies - ResearchAndMarkets.com

Retrieved on: 
Dienstag, November 28, 2023

The U.S. geospatial imagery analytics market is estimated to reach $8.38 billion in 2033, reveals the premium market intelligence study.

Key Points: 
  • The U.S. geospatial imagery analytics market is estimated to reach $8.38 billion in 2033, reveals the premium market intelligence study.
  • The widespread adoption of artificial intelligence (AI), machine learning (ML), and cloud computing geospatial technologies led to the growth of geospatial imagery analytics in the U.S.
  • The U.S. geospatial imagery analytics market is characterized by intense competition, with several key players operating in the industry.
  • Key players in the U.S. geospatial imagery analytics market analyzed and profiled in the study involve major U.S. geospatial imagery analytics companies providing solutions, respectively.

Arcadis Strengthens Foothold in Architecture & Design World with Six New Principals

Retrieved on: 
Donnerstag, Dezember 14, 2023

The appointments mark a significant milestone in Arcadis' commitment to expanding its architecture and urbanism expertise and cross sector capabilities.

Key Points: 
  • The appointments mark a significant milestone in Arcadis' commitment to expanding its architecture and urbanism expertise and cross sector capabilities.
  • The six principals bring a wealth of experience to the team, with specialties ranging from retail to residential, commercial, healthcare, and industrial.
  • Elina Cardet will grow the design team from Arcadis' new Miami office.
  • Mansoor Kazerouni, global director of architecture and urbanism at Arcadis, said: "Arcadis has formed one of the largest, most dynamic, and diverse design firms in the world.

Arcadis Strengthens Foothold in Architecture & Design World with Six New Principals

Retrieved on: 
Donnerstag, Dezember 14, 2023

The appointments mark a significant milestone in Arcadis' commitment to expanding its architecture and urbanism expertise and cross sector capabilities.

Key Points: 
  • The appointments mark a significant milestone in Arcadis' commitment to expanding its architecture and urbanism expertise and cross sector capabilities.
  • The six principals bring a wealth of experience to the team, with specialties ranging from retail to residential, commercial, healthcare, and industrial.
  • Elina Cardet will grow the design team from Arcadis' new Miami office.
  • Mansoor Kazerouni, global director of architecture and urbanism at Arcadis, said: "Arcadis has formed one of the largest, most dynamic, and diverse design firms in the world.