Bentley Systems has established a US$100M business to invest in digital twin technologies, while Autodesk has launched a new product, Tandem, supporting digital twins. Bentley iTwin Ventures For some years a champion of ‘digital twin’ thinking (see EE August 2019 post: Bentley pushes ‘Digital Twin’ into AEC mainstream), Bentley Systems has committed US$100M of venture …
Category: AEC
Permanent link to this article: http://extranetevolution.com/2020/11/bentley-autodesk-digital-twin/
Nov 16 2020
EQT takes majority stake in thinkproject
European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …
Permanent link to this article: http://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/
Nov 04 2020
Procore acquires estimating vendor Esticom, expands platform
Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …
Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/
Nov 03 2020
Bentley growing its construction collaboration toolset
Bentley Systems’ collaboration portfolio continues to grow, with NoteVault integrated into the SYNCHRO Field mobile app, new ProjectWise Insights, much “iTwin-enabling”, an entirely new SYNCHRO Cost application coming soon, and GroupBC being positioned as a capital project management platform for owners. Bentley Systems‘ Year In Infrastructure provides an annual opportunity to hear about updates to …
Permanent link to this article: http://extranetevolution.com/2020/11/bentley-growing-its-construction-collaboration-toolset/
Oct 26 2020
Lessons from the NBS summit – BIM: the client is key
The NBS Construction Leaders Summit suggested that new impetus is needed to drive digital adoption forward, with clients identified as key agents to push industry change. Recently (14 October 2020), I supported the second day of the NBS Construction Leadership Summit (post).* This online event was organised by the Newcastle, UK-based provider of specification information …
Permanent link to this article: http://extranetevolution.com/2020/10/bim-client-key-culture-technology/
Oct 20 2020
Visio Impulse: computer vision for construction
London-based Visio Impulse is applying computer vision techniques to help clients and project teams rapidly get insights from site imagery. Incorporated by Farhad Bazyari in London in June 2017 and launched in February 2018, Visio Impulse applies computer vision techniques to monitor construction and engineering projects. A graduate of Sheffield University, Bazyari completed a PhD …
Permanent link to this article: http://extranetevolution.com/2020/10/visio-impulse-ai-visualisation-monitor-site-progress/
Oct 19 2020
Bentley Systems acquires PCSG
Bentley Systems’ Year In Infrastructure 2020 has started with news of an acquisition: PCSG, the UK-based consultancy chaired by former UK BIM Task Group head Mark Bew, has been bought by Bentley Systems. The Cohesive Companies, a digital integrator investment of the Acceleration Fund of Bentley Systems has acquired UK-based Professional Construction Strategies Group (PCSG) …
Permanent link to this article: http://extranetevolution.com/2020/10/bentley-systems-acquires-pcsg/
Oct 09 2020
Prin-D: a CDE for CDM
Prin-D targets firms acting as Principal Designer under the UK’s Construction Design and Management (CDM) health and safety regulations. Via a blog post by Imanuel Steele on the IET website (Tackling record-keeping challenges in the construction industry with technology), I learned about Prin-D, a Manchester, UK-based startup established in 2017 that has developed a ‘CDM2015 …
Permanent link to this article: http://extranetevolution.com/2020/10/prin-d-cde-cdm/
Oct 08 2020
Plan early with Plannerly
The California-based Plannerly SaaS platform provides a ‘virtual BIM expert’ to help teams create and deliver leaner, smarter BIM processes and outcomes. While based in California, BIM management SaaS software provider Plannerly has some strong UK connections, having been started by some of the ex-Graphisoft people who founded Vico Software in Woking, Surrey in the …
Permanent link to this article: http://extranetevolution.com/2020/10/plan-early-plannerly/
Oct 05 2020
AECTechTV reaches milestone
AECTech TV, the video contech news magazine launched by “Extranet Evolution” and “AEC Business” on 4 September 2020, now has over 100 YouTube subscribers. They are modest milestones and it’s very early days, but AECTech TV, the video contech news magazine announced in late August (Covering the contech space: AECTech.TV) and launched on 4 September …
Permanent link to this article: http://extranetevolution.com/2020/10/aectechtv-reaches-milestone/





