PRnewswire | June 07, 2023
Kojo, the construction industry's leading materials and inventory management platform, today announced it has expanded to serve mechanical contractors.
"At Kojo, our mission has always been to simplify processes for our customers so that they can have more time back to do what's really important – build," said Maria Davidson, Kojo's founder and CEO. "Our mechanical Beta launch has been our most successful to date. We're thrilled that our mechanical customers are already seeing so much value with Kojo and we're excited to continue to onboard many more all over the country."
Since the offering launched in Beta, mechanical contractors have sent over 6,000 field requests to the office and created 17,000 purchase orders worth $50 million in Kojo. "By our calculation that's almost 6,000 times the field and office didn't have to call and email back and forth to figure out what was being ordered," Davidson added.
Alex Eldridge at Tharco, a leading mechanical contractor in Maryland, said, "Kojo has been really smart in the way they've customized this build for mechanical contractors. For example, there are many nicknames for parts out there and this can create confusion for communication between the field and office. Kojo has a preset catalog field users can order from that even supports slang terms for easy field-to-office part name translation. It's details like this that convinced us Kojo was for us."
The mechanical contracting market in the U.S. is huge and rapidly growing. More than $123 billion of mechanical work is done in the U.S. annually. The sector employs nearly 400,000 workers and that number is expected to grow by 5% through 2031.
Kojo's expansion into mechanical follows the launch of its Automated Invoice Matching product, which streamlines the accounting process for commercial trade contractors. This builds on Kojo's purchase order and delivery functionality, making Kojo a true all-in-one platform that allows customers to manage the full end-to-end materials procurement process. Automated Invoice Matching launched in Q2 of 2023 and to date has processed $9.2 million in invoices, catching mistakes on 27% of invoices processed.
Kojo announced their Series C in September of 2022. Kojo has now powered more than 10,000 construction projects across 47 states, saving customers 75% of the manual entry they previously had to do and reducing materials waste on jobsites by up to 90%.
Kojo is the construction industry's leading materials and inventory management platform. Kojo enables trade and self-perform general contractors to streamline every step in the procurement and inventory management process from takeoff to closeout. By connecting field, office, warehouse, accounting, and vendors teams on one software platform, Kojo gives contractors visibility into real-time materials spending and usage, helps them source the best prices and availability across vendors, reduces material waste, and increases labor productivity. To learn more, visit www.usekojo.com.
Products, Mechanical and Motion Systems, Engineering Tech
Businesswire | May 31, 2023
Boomi™, the intelligent connectivity and automation leader, today announced that JGC Holdings Corporation (“JGC”), a global engineering company, has selected the Boomi platform to modernize its IT infrastructure and support the company’s digital transformation goals.
Based in Yokohama, Japan, JGC operates businesses across numerous regions worldwide, requiring a hub-and-spoke IT architecture to seamlessly connect its various applications and platforms. Given the complexity of developing a new system, JGC took a phased approach to combine its software as a service (SaaS) platforms, such as Coupa and ServiceNow. The scale of the project, which required connecting numerous interfaces, systems, and platforms, resulted in escalated costs. JGC approached Nomura Research Institute (NRI) to recommend a reputable vendor with a strong track record and experience in connecting multiple platforms and simplifying complex projects.
“Boomi was among four vendors in the selection process and has vast experience in solving customers’ challenges across their digital transformation journey,” said Mr. Atsuo Honiden, Group Manager, Procurement DX Group, Digital Project Delivery Department, JGC. “Boomi was the best fit, both in terms of technology and cost effectiveness. In addition, Boomi’s solution matched our vision to gradually integrate a number of systems to achieve a hub-and-spoke architecture.”
“Boomi has a proven track record in global deployments and provided a cost-effective solution for JGC Corporation’s procurement project,” said Mr. Akira Matsumoto, Senior Corporate Managing Director, Division Manager, DX Platform Division, Nomura Research Institute, Ltd. “Boomi's various connectors have enabled us to efficiently implement a hub-and-spoke architecture, connecting multiple systems in phases.”
“Boomi is the largest cloud-native independent integration company in the world with the largest customer base among integration platform vendors. We connect everyone to everything, and pride ourselves on connecting more than 200,000 unique endpoints, helping our customers, like JGC, to innovate their business quickly and efficiently,” said Kazunori Hori, Director, Japan at Boomi.
Boomi touts a growing community of more than 100,000 members and one of the largest arrays of global systems integrators (GSIs) in the iPaaS space. The company boasts a worldwide network of approximately 800 partners, including Accenture, Deloitte, SAP, and Snowflake; and works with the largest hyperscaler cloud service providers, including Amazon Web Services, Google, and Microsoft, among others.
Included on the Deloitte Technology Fast 500™ and Inc. 5000 lists as one of America’s fastest growing technology companies, Boomi has won three International Stevie® Awards, for Company of the Year (two years in a row) and Product Innovation; the Gold Globee® Award in the Platform as a Service (PaaS) category; the Merit Award for Technology in the Cloud Services category; the Stratus Award as a Global Leader in Cloud Computing 2022, and received the prestigious 5-star rating in the CRN Partner Program Guide for two consecutive years.
Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, Deloitte, SAP, and Snowflake. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit http://www.boomi.com.
Products,Mechanical and Motion Systems,Construction
Komatsu | December 21, 2022
Komatsu today announced that it has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Gelsenkirchen, Germany.
Founded in the 1960s and currently part of the German-owned Schmidt Kranz Group, GHH offers a wide range of equipment focused on loaders (LHDs) and articulated dump trucks in the mid-seam mass mining, narrow vein and low-profile market segments The company also supports customers with aftermarket parts and service support through the entire life of each machine. With this acquisition, Komatsu will add GHH’s factories and rebuild facilities in key markets, in addition to its robust product offerings and talented staff.
“We are very excited about this acquisition as it represents a great opportunity for Komatsu to expand its offerings for underground mining equipment and accelerate new product development through synergies with Komatsu’s existing team and product offerings, By adding GHH’s factories and rebuild facilities in key markets in Europe, South Africa, India and Chile, we also aim to strengthen production and service capabilities for our customers.”
Peter Salditt, president and CEO, Komatsu Mining Corp
Komatsu intends to continue the excellent service GHH provides and plans to support business as usual post-acquisition. The combined team will then work together to expand Komatsu’s offering for underground mining equipment and increase customer access to products in new territories.
“GHH is excited to be able to start a new journey with a strong player in the mining world. This opens huge doors for our people and our products to develop further and grow beyond what we could have hoped for, This is the next logical step in becoming a true global player and we look forward to becoming part of the Komatsu family.”
Dr. Jan Petzold, CEO GHH Group
Per the company’s ongoing mid-term management plan “DANTOTSU Value - Together, to ‘The Next’ for sustainable growth,” Komatsu is working to expand offerings for underground hard rock mining, creating new value for customers with the development of new equipment, processes and technologies that will help operations step forward to the next stage for the workplace of the future and provide a more sustainable environment for the next generation.
Komatsu develops and supplies technologies, equipment and services for the construction, mining, forklift, industrial and forestry markets. For a century, the company has been creating value for its customers through manufacturing and technology innovation, partnering with others to empower a sustainable future where people, business and the planet thrive together. Front-line industries worldwide use Komatsu solutions to develop modern infrastructure, extract fundamental minerals, maintain forests and create consumer products. The company's global service and distributor networks support customer operations to enhance safety and productivity while optimizing performance.