ENGINEERING TECH, CONSTRUCTION
Buildots | October 04, 2022
Buildots, which uses artificial intelligence and computer vision to dramatically improve efficiency in the multi-trillion dollar construction industry, has been named "Construction Software of the Year" at the prestigious London Construction Awards.
By collecting data with hardhat-mounted 360° cameras and processing the data with AI, Buildots enables construction teams to make informed decisions based on accurate information, significantly improving resource efficiency, reducing costly errors and saving time. The technology is currently in use across the UK, Europe, the United States, the Middle East and Asia.
In declaring Buildots "Construction Software of the Year", the judges' panel, comprised of industry experts from leading construction firms and contractor associations, noted the "high standards Buildots have in regard to industry practices and technologies".
The award was announced as part of London Build, the UK's leading construction and design show.
Buildots has been named one of LinkedIn's Top 15 Israeli Startups for 2021 and 2022, and was previously deemed the "One to Watch Company" at the Construction Computing Awards. The company recently completed a $60 million Series C funding round, reaching $106 million in total funding.
"In continually striving to enable better building, we're honored to receive this recognition as we lead the way in using technology to finally bring greater efficiency and transparency to the global construction industry," says
-Roy Danon, CEO and co-founder Buildots.
Buildots is a Tel Aviv and London-based technology provider leveraging the power of AI and computer vision to modernize the construction industry. Buildots uses hardhat-mounted cameras to capture imaging of every detail of an ongoing project. The data is then analyzed using AI models to transform random visual data into highly accurate, actionable insights that are correlated with the project's designs and schedule. The platform is helping transform construction management, enhance resource efficiency, save management time, and avoid costly errors on construction projects worldwide.
Jama Software | December 08, 2022
Jama Software®, the industry-leading requirements management and traceability solution provider and Sterling PLM, an industry leader in engineering management problem-solving, have partnered together to expand expertise and offerings across requirements management and Live Traceability™ solutions.
"Jama Software's world-class consulting organization — that spans across multiple verticals including medical device development — will be greatly complemented by this partnership with Sterling PLM, Sterling PLM expands on our already comprehensive services that drive measured improvements across product development processes that result in faster time to market and higher product quality."
-Tom Tseki, Chief Revenue Officer at Jama Software.
At Sterling PLM, we have years of experience cultivating superior technical and lifecycle management know-how. We pride ourselves on our ability to anticipate problems before they become apparent to our clients, said Dan Sterling, President, Chief Executive Officer, and Founder at Sterling PLM. We are excited to add Jama Connect® to our arsenal of technology solutions, adding to our capability to apply our specialized expertise and customized approach to solving problems for our clients.
Jama Connect is the only platform that delivers Live Traceability™ across engineering disciplines through the entire product development process to reduce defects, delays, rework, and cost overruns. Sterling PLM's team has decades of combined experience consulting in highly regulated industries for a variety of medical device manufacturers. By partnering with Jama Software, Sterling PLM will collaborate and support lifecycle management services around configuration, training, and process development.
"We're especially excited to leverage the expertise and experience of the Sterling PLM team with our Medical Device customers, They'll be a great addition to our out-of-the-box solutions for medical device developers and provide specialty services such as computer systems validation and legacy tool data migration."
-Vincent Balgos, Director, Medical Solution at Jama Software.
Jama Software has consistently been listed as the leader for Requirements Management software tools by G2® for the fourth consecutive reporting period. By combining Sterling PLM's customized solutions and seasoned expertise in lifecycle management technologies and Jama Software's industry-leading requirements management and traceability offerings, Jama Software and Sterling PLM will continue to accelerate transformation to serve the needs of medical device developers.
About Jama Software:
Jama Software is focused on maximizing innovation success. Numerous firsts for humanity in fields such as fuel cells, electrification, space, autonomous vehicles, surgical robotics, and more all rely on Jama Connect® to minimize the risk of product failure, delays, cost overruns, compliance gaps, defects, and rework. Jama Connect uniquely creates Live Traceability™ through siloed development, test, and risk activities to provide end-to-end compliance, risk mitigation, and process improvement. Our rapidly growing customer base of more than 12.5 million users across 30 countries spans the automotive, medical device, life sciences, semiconductor, aerospace & defense, industrial manufacturing, financial services, and insurance industries.
About Sterling PLM:
Sterling PLM helps engineering companies across the globe implement proven processes that govern the design and development of their engineered products, while leveraging software that tracks processes with greater visibility across the enterprise. Our team has decades of combined experience consulting in highly regulated industries for a variety of manufacturers—from small start-ups to large global organizations—and we've spent years cultivating unique skills and concentrated expertise in the business of engineering. We specialize in regulatory-compliant software programs that help customers track the project artifacts that they care about—across the entire project lifecycle.
GlobalLogic | November 21, 2022
GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company based in Romania. Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation—a track record that has ultimately positioned the company as one of Romania’s largest leading independent digital engineering firms.
With 1,100+ people, Fortech operates out of four cities in Romania to support top-tier clients across a wide range of industries. These achievements and capabilities will help GlobalLogic further expand its customer and talent base, as it aims to address the robust global demand for digital transformation (DX). Additionally, Fortech’s seasoned leaders will bring valuable technical and domain experience along with strong relationships across European markets and marquee clients.
“Fortech is a leading firm with proven track record and specialization in technology that is needed for digital evolution, This acquisition will further enhance GlobalLogic’s presence in Europe, and accelerate our access to the rich technical talent in Romania; it will arm Fortech with the resources and strong backing of GlobalLogic and Hitachi. We are excited to welcome Fortech and their talented people to the GlobalLogic family.”
-Nitesh Banga, President and CEO, GlobalLogic.
Founded in 2003, Fortech delivers full-spectrum digital engineering services including Architecture Design, Software Development, DevOps, Quality Assurance, and Data Analytics. The company has successfully architected, built, and maintained products for clients across numerous industries with a focused specialization in Cloud, IOT, and SaaS. Fortech holds deep domain experience in six key high growth verticals: Automotive, Banking/Finance, Healthcare, Manufacturing, Professional Services, and Technology/Media/Telecom. Fortech’s coverage of key industries and technologies is an incredible match for GlobalLogic. Fortech’s successes have led to it being recognized as one of the 2022 Best Managed Companies in Romania in the first edition of Deloitte’s Romania program.
“We’re proud of our legacy, which is based on helping companies realize the power of transformative digital solutions, Joining forces with GlobalLogic, backed by Hitachi, takes our reach to a whole new level. Additionally, finding a partner that shares our cultural values with a strong emphasis on people, customers, and societal benefit is extremely gratifying.”
-Calin Vaduva, CEO, Fortech.
GlobalLogic’s investment in Fortech is part of a multi-year strategy designed to establish a wider European footprint while enabling it to better serve its customers worldwide from a delivery perspective. This acquisition will further enable GlobalLogic to augment Hitachi's strengths in Information Technology (IT), Operating Technology (OT), and Products, and accelerate its growth helping expand the Lumada business.
Fortech (www.fortech.ro) is a software services company headquartered in Cluj-Napoca, Romania. It also holds engineering hubs in Oradea, Iasi, and Brasov. With a workforce of 1,100+ people, Fortech’s technical expertise spans a variety of sectors, from automotive and financial to healthcare and more. Fortech covers the end-to-end software lifecycle development to deliver the innovation, scalability, quality, and speed needed by its clients. The company’s approach to software engineering combines strong technology and process know-how, Agile delivery methods, and a blend of code quality practices and metrics refined throughout two decades of operation. Since 2003, more than two hundred brands have chosen Fortech as their software engineering partner.
GlobalLogic is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise – we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business.