Autodesk Expands BuildingConnected Construction Management Solution to Streamline Bidding Process, Ensure Autodesk Construction Cloud Builders Network

Autodesk, Inc. (NASDAQ: ADSK) today announced the international expansion of BuildingConnected, a construction management solution that centralizes and streamlines the bidding process, and encompasses the Autodesk Construction Cloud builders network, a crowdsourced network of construction professionals. Owners and general contractors use BuildingConnected to discover trade partners and identify the right subcontractor for the job, and to solicit and compare bids – also referred to as tenders – from one central location. With its international expansion, the BuildingConnected solution is now available in the United Kingdom, Ireland, Australia and New Zealand. "There are more than one million construction professionals on the BuildingConnected network in North America alone, with over 2,000 general contractors and owners actively bidding out projects – totaling $56 billion in project values each month," said Jim Lynch, vice president and general manager of Autodesk Construction Solutions. "BuildingConnected effectively replaces an antiquated approach that has relied on Rolodexes and spreadsheets, and ensures the right teams are in place for every kind of construction project, whether a commercial building, data center, medical facility or infrastructure project. As BuildingConnected further expands internationally, we want to empower construction firms around the world with the resources they need to increase productivity and decrease project risk." For estimating teams, BuildingConnected helps save time and increases collaboration in managing the bidding process with automated workflows that facilitate securing the best team for a construction project. Estimators and bid coordinators can use the solution's network of subcontractors and bid management capabilities to find, qualify and invite subcontractors to bid on a job, and then use its advanced bid comparison features to view all bid packages from one place with access to the real-time status of bids and project costs.

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