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Engineering Tech, Construction
WSB | March 14, 2023
On March 13, 2023, Bentley Systems, a prominent provider of software for infrastructure engineering, disclosed a collaborative effort with WSB to boost the use of digital twins in the civil infrastructure industry. To enable the civil infrastructure sector to adopt digital workflows and leverage the potential of construction digital twins, WSB has launched a novel digital advisory service and construction management solution powered by Bentley's SYNCHRO. The company has also...
Frost & Sullivan | July 10, 2020
Frost & Sullivan's recent analysis, Business Model Innovations in the Building Construction Industry, 2020, finds that the building construction value chain will shift from sequential (conventional value chain) to innovative business models with increased penetration of building construction technology. With rapid urbanization and suburban development in Asia-Pacific (APAC), the construction market in the region is expected to reach $14 trillion by 2021 from $10 trillion in 2017. However...
Construction
North American Construction Group Ltd. | June 10, 2021
North American Construction Group Ltd. announced today that it has entered into a definitive agreement to acquire DGI Trading Pty Limited (“DGI”) for an estimated $23.5 million. DGI, situated in Kempsey, New South Wales, Australia, supplies vital components to the mining sector via commercial partnerships and a complex logistical network. DGI maintains a network of suppliers and partner facilities in over ten significant countries, allowing for flexible and cost-effect...
AECOM, WSP Global | January 14, 2020
Los Angeles-based construction and engineering giant AECOM is in talks with Canadian firm WSP Global Inc. about a possible deal, Bloomberg reported last night. Media reports said that WSP approached AECOM about the potential transaction, according to sources familiar with the two companies. Although there is no guarantee that the talks will lead to a deal or how a deal would play out, analyst Andrew Wittmann said in a written research report that he believes the discussions likely have some meri...
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