ENGINEERING TECH
Businesswire | March 23, 2023
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has entered into a non-exclusive commercial agreement to strategically accelerate the adoption of Infrastructure IoT, further unlocking value for infrastructure designers, constructors, and owner-operators in their use of infrastructure digital twins. To this end, Worldsensing is acquiring from Bentley sensemetrics’ Thread connectivity device business to expand its hardware portfolio offerings. Bentley also becomes the lead investor in Worldsensing’s Series D capital raise.
Worldsensing’s acquisition of the Thread connectivity device business will offer new options to its customers where adaptive sensor integrations or active sensor management are a key requirement. Thread offers broadband sensor connectivity to uniquely connect dynamic, high-power, or high-speed sensors and stream sensor data to the cloud for analysis. Thread is a fully autonomous sensor connectivity device with optional integrated 4G/LTE cellular modem, wireless mesh networking, and battery pack in a weather resistant enclosure. Each broadband device also serves as a gateway for wireless smart sensors. Combined with Worldsensing’s existing market-leading offerings, Thread will be a driver for new growth opportunities. Worldsensing will become a preferred sensor connectivity partner to Bentley and Bentley will become a preferred IoT software partner to Worldsensing offering mutual users a best-in-class fully integrated end-to-end sensor management solution.
“We are thrilled to enter into this agreement with Bentley Systems,” said Ignasi Vilajosana, CEO of Worldsensing. “The acquisition of sensemetrics’ Thread connectivity device business will expand our portfolio and allow us to provide more options to our customers. We are pleased to become a preferred sensor connectivity partner for Bentley’s iTwin IoT digital twin cloud services, confirming our position as the reference connectivity platform for mining, construction, rail, and infrastructure monitoring.”
“We are excited to partner with Worldsensing and believe that this strategic agreement will bring significant benefits to our respective user bases,” said Justin Schmidt, Vice President, corporate development with Bentley Systems. “We are confident that the combination of Worldsensing’s expertise in IoT solutions and our leadership in infrastructure digital twin software will create a powerful offering for the market.”
About Bentley Systems
Bentley Systems is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,000 colleagues generate annual revenues of more than $1 billion in 194 countries.
About Worldsensing
Worldsensing is a global IoT pioneer. Founded in 2008, the infrastructure monitoring expert serves customers in more than 70 countries, with a network of global partners to jointly drive safety in mining, construction, rail and structural health. Worldsensing is headquartered in Barcelona and has a local presence in the UK, North and South America, Singapore, Australia and Poland. Investors include Cisco Systems, Mitsui & Co, McRock Capital, ETF, Kibo Ventures, JME Ventures and Bentley Systems.
The solutions by Worldsensing are the market reference for automated monitoring of large-scale civil infrastructure. They enable near real-time data acquisition of geotechnical, geospatial and structural sensors as well as remote device, data and network management. Engineers and experts tasked with civil infrastructure monitoring can capture sensor data through Worldsensing edge devices and send information to the cloud for 24/7 monitoring. With thousands of network deployments connecting over 250,000 sensors around the globe, Worldsensing’s solution has rapidly become the monitoring standard within a growing range of industries.
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ENGINEERING TECH, CONSTRUCTION
Graphisoft | March 21, 2023
Graphisoft, the leading Building Information Modeling (BIM) software solutions developer for architecture and engineering, today introduced Archicad Collaborate. This subscription-based offer combines award-winning Archicad for architectural design with BIMcloud SaaS for fast, efficient, secure access to shared projects in real-time — all at an affordable price point.
Unlike other BIM software providers that charge additional fees for cloud services, Archicad Collaborate lowers the barrier to entry by offering award-winning BIMcloud SaaS as part of the Archicad subscription price in the user-friendly online Graphisoft Store. "Customers demand powerful solutions that are easy to acquire, learn, and use," said Márton Kiss, Vice President of Product Success at Graphisoft. "Archicad Collaborate allows practices to acquire both Archicad and BIMcloud SaaS at a price even smaller firms can afford."
Archicad Collaborate includes:
Archicad— a robust design solution with a world-renowned user-friendly interface that makes it the most efficient and intuitive BIM software on the market.
BIMcloud Software as a Service — users access their data via a secure cloud solution for fast, flexible, secure access to shared projects in real time.
Exclusive data and collaboration services that maximize the value of the subscription, including access to Graphisoft Learn courses and training materials; emergency licenses and technical support; Redshift by Maxon, a high-end rendering tool; PARAM-O, a parametric object design tool; the Library Part Maker add-on for creating detailed Library objects; and Python API for customized and automated Archicad workflows.
When asked about the benefits of using Archicad with BIMcloud SaaS, Peter Snellman, Partner and Design Director at Tillberg Design said, "Working on the same Archicad model from different countries, we have fewer problems."
"With Archicad Collaborate, you can start your project on BIMcloud SaaS, a secure cloud platform built for sharing and collaborating with your team — without additional hardware investments or IT experience," Márton Kiss added. "Using Archicad's powerful and proven tools, you can design great buildings with your team and share them with customers and clients — anywhere in the world!"
About Graphisoft
Graphisoft® empowers teams to design great buildings through award-winning software solutions, learning programs, and professional services for the AEC industry. Our award-winning products and solutions support OPEN BIM for workflow transparency, longevity, and data accessibility for built assets. Archicad®, the architects' BIM software of choice, offers a complete end-to-end design and documentation workflow for architectural and integrated architectural and engineering practices of any size. BIMx®, the most popular mobile and web BIM app, extends the BIM experience to include all stakeholders in the building design, delivery, and operations lifecycle. BIMcloud®, the AEC industry's first and most advanced cloud-based team collaboration solution, makes real-time collaboration possible across the globe regardless of the size of the project and the speed or quality of the team members' network connection. DDScad solutions support users with intelligent Mechanical, Electrical, and Plumbing (MEP) design tools, integrated calculations, and comprehensive documentation of all building system disciplines. DDScad Architect & Construction is developed for architects, building contractors, and industrialized timber frame housing manufacturers in Scandinavian markets. Graphisoft is part of the Nemetschek Group.
About Archicad
Design projects of any size with Archicad's powerful built-in tools and user-friendly interface that make it the most efficient and intuitive BIM software on the market. Graphisoft's award-winning software solution supports OPEN BIM for workflow transparency, longevity, and data accessibility for built assets. Featuring out-of-the-box design documentation, one-click publishing, photo-realistic rendering, and best-in-class analysis, Archicad lets architects focus on what they do best: design great buildings. Discover Archicad.
About BIMcloud SaaS
BIMcloud Software as a Service enables real-time, secure teamwork between architects and other professionals in the cloud. With a BIMcloud SaaS subscription, users can access their dedicated BIMcloud hosted and managed by Graphisoft. No IT setup is required – simply launch the service to share Teamwork projects in the cloud.
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CONSTRUCTION
STACK Construction Technologies | March 20, 2023
STACK Construction Technologies is leading the pack when it comes to implementing robust security protocols. As measured by SecurityScorecard, STACK's ranking of 97/100 delivers an A grade to its state-of-the-art network security, DNS health, IP reputation, social engineering, and more. In comparison to competitors and other Construction Tech leaders, like Autodesk (81/100) and Procore (94/100), respectively, STACK is proud to be raising the bar and setting a new standard.
"At STACK, we strive to nurture a culture of security awareness, ensuring that every employee understands their role and the importance of safeguarding our systems and customer data," said Robert Vazquez, STACK's Chief Information and Security Officer. "We believe that independent and transparent evaluation is crucial to maintaining the highest standards of security and building trust with our customers. That's why we regularly engage independent third parties to conduct thorough evaluations of our security practices and provide valuable insights to help us continuously improve our security posture."
This remarkable dedication to data security comes at a time when the average cost of a data breach for small business is estimated at $2.98 million, and 65,000 vulnerabilities were discovered in small businesses in 2022, up 21% from the previous year. As an industry that's been slow to adopt newer technologies, construction can be a prime target.
That's why STACK is leading the way and has established a comprehensive system of robust data security protocols to mitigate risk. The company has expanded its SOC 2 compliance from construction to preconstruction solutions, ensuring security through a rigorous auditing process. STACK also implements Auth0 single sign-on (SSO), user management, and identity analytics, further protecting user data.
Its best-in-class engineering teams, HR, workforce enablement, and leadership are the backbone to its data security success. STACK also provides ongoing training and education to its employees to ensure they are aware of the latest threats and best practices for data security.
About STACK Construction Technologies
From project evaluation to completion, contractors use STACK's cloud-based software to help run their business and maximize their profits. Our preconstruction solutions enable fast and accurate takeoff and estimating, as well as providing a centralized hub where plans, specs, and other construction documents can be stored, evaluated, measured, and shared. Our construction solutions power real-time field and project collaboration by allowing teams to quickly and easily review, annotate, compare, and share plans, anywhere, from any device. STACK's superior collaboration tools ultimately improve project outcomes and profitability for contractors.
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