Zuken | November 10, 2022
nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it will preview its upcoming digital manufacturing software portfolio at Rockwell Automation Fair in Chicago. The Design to Manufacturing Software, powered by Zuken’s E3.series, is a proven and fast engineering system for designers and manufacturing personnel to:
Plan and design the electrical engineering for machines and factory systems
Automate panel building through 2D/3D design and assembly of industrial and commercial control panels
nVent is a global leader in providing industrial enclosures and advanced cooling solutions, and has a comprehensive machine portfolio to automate panel building. The nVent HOFFMAN Design to Manufacturing Software, powered by Zuken, helps us to create time and labor savings, which enables us to build a more sustainable and electrified world.
“By adding the Design to Manufacturing Software, powered by Zuken, we have significantly enhanced our value proposition by optimizing the entire panel design and fabrication process, Companies are prudently finding ways to maximize the skills of their workforce, especially in such a competitive landscape and tight job market. This will make it easier for our customers to deliver high-quality solutions faster, with fewer resources and time-consuming steps.”
-Alexander van der Weide, general manager and vice president for nVent.
We simplify design. We connect engineering to manufacturing.
We simplify design
We connect engineering to manufacturing
We capture and deploy knowledge
We solve the shortage of engineers and skilled labor
We accelerate profitable growth
The Design to Manufacturing Software provides design automation to help electrical engineers to simplify processes, and ultimately increase overall productivity. With its easy-to-use intelligent central parts library, designers can now efficiently work on a single project while the software automatically ensures the data is continually up to date, making the design and planning process easy.
The optimized engineering process drives the creation of the digital twin with all the necessary manufacturing details. We automate the panel building process by connecting machines and workers, accelerating the transition to smart manufacturing. Workers can now easily visualize the design and immediately access digital documentation. This automated workflow detects critical errors, significantly improves the time taken to build a panel, and maintains the overall process.
The advanced software portfolio will be released in 2023 as part of a collaboration with Zuken, a leading global software company specializing in optimizing electrical and electronic engineering design processes. The Design to Manufacturing software portfolio will include specially designed software packages for engineering and manufacturing processes, connecting workers to the manufacturing floor, and adding optional add-on functionalities.
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of enclosures, electrical connections and fastening and thermal management solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER.
Zuken is a global software company providing industry leading electrical and electronic design solutions. Founded in 1976, Zuken has a long track record of technology innovation and financial stability in the electronic design automation (EDA) industry. With a product portfolio of world-class design solutions spanning MBSE-based product definition and services to electrical and electronic design solutions to address the needs of a broad range of industries across the globe. These design solutions provide our customers with improved productivity and efficiencies in this highly competitive landscape.
Procore | November 17, 2022
Inpensa, a leading provider of Capital Planning solutions, today announced an integration in partnership with Procore Technologies, Inc., a leading global provider of construction management software. This integration will provide robust capital planning solutions to Procore customers. Customers can now manage their capital plans, cost estimations and track CapEx-related project performance within Inpensa and exchange data with the Procore platform. The integrated solution helps solve a key industry challenge by streamlining the connection between the capital planning process and project delivery, and enabling greater insights that improve decision making.
Inpensa solution provides the ability to create a new project idea, develop a business case & cost estimations and use a dynamic workflow to approve it. All projects can be combined to develop a comprehensive capital plan at the individual business unit level with budget guardrails, scenario modeling, and reprioritization. Data can be exchanged with the Procore tools to eliminate double entry and create continuity. The combined solutions provide data analytics to allow for analysis and reporting. Customers can benefit from a standardized, easy-to-use process and the ability to optimize their overall capital spend.
For many years, the Inpensa Capital Planning Platform has been used by some of the world’s largest organizations to manage the full life-cycle capital planning process and help companies optimize their overall capital spend, said Suraj Nekram, Inpensa co-founder and CEO. We are excited about the partnership with Procore, the industry leader in construction management software and the opportunity to offer our solution to their global customers.
"We are thrilled to have Inpensa as a new Procore partner. Their team has deep knowledge and real-life experience in the Finance and Capital Planning space, and integrating the Inpensa solution with the Procore platform provides our mutual customers with an exciting opportunity to drive meaningful improvement in business workflows that are traditionally very siloed, disconnected, and inefficient. The integrated solution connects capital planning with project delivery to give stakeholders across the business increased efficiency, visibility, governance, and control."
-Jeremy Chasen, Senior Manager, Business Development at Procore.
Inpensa is a venture backed software company that provides purpose-built solutions for capital planning, capital appropriation requests and performance management. Inpensa customers range from small to some of the largest Fortune 500 companies in the world. Inpensa offers a pro-edition for smaller businesses and Enterprise edition for larger companies that have more complex requirements. Customers small and large benefit from our years of hands-on expertise, careful attention to details and customer centric approach. Our industry leading SaaS platform is built to develop better capital plans, effectively manage capital projects and optimize overall capital spend.
Procore is a leading global provider of construction management software. Over one million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Our platform connects every project stakeholder to solutions we've built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe.
ENGINEERING TECH, CONSTRUCTION
Petra | September 16, 2022
Petra, the first company capable of undergrounding critical utility infrastructure from difficult hard rock to soft ground geologies, announced the acquisition of Zilper Trenchless, a pioneer in the trenchless technology space. Zilper Trenchless machines uniquely install critical utility infrastructure through nightmare geologies such as flowing sands, cobbles, and high water table environments.
The vast majority of the world’s electric, water, and sewer utilities were not designed to withstand the storms, extreme heat, and drought brought on by climate change and rapid population growth. Above-ground power lines have caused thousands of wildfires in drought prone areas and blackouts during hurricanes. In coastal areas, increased flooding and sea level rise cause sewage to leach into waterways. There is a growing demand by municipalities to expand underground utilities, but in many populated areas with hard and soft ground nightmare geologies, conventional technology has difficulty boring through flowing sand, high water table content, and cobbles. According to the Black & Veatch 2022 Water Report, the United States would need to increase its investment in water infrastructure by $2.2 trillion over the next 20 years, or roughly $109 billion per year to close the water industry’s current investment gap.
“Changing ground conditions are the biggest risk in undergrounding,The world needs a more versatile tool that can de-risk undergrounding projects by boring through more geologies, especially nightmare geologies. Zilper has built trenchless products that can uniquely bore through some of the riskiest soft ground conditions on earth like flowing sands, dense clay, cobbles and water logged ground. The Zilper machine is innovative because it dramatically reduces the risk of excavating these nightmare geologies. The proprietary Zilper technology suite has successfully completed numerous trenchless tunnels where competing technologies have failed to deliver. Together, we’re building the future of trenchless tunneling.”
-Kim Abrams CEO,Petra.
The combined company, in an industry first, will be delivering a solution that de-risks the social, environmental, and economic costs of utility undergrounding in hard and soft soils. Zilper's trenchless technology has been used for sewage, transmission, and water projects. The versatility of the Zilper method enables it to work in extremely complicated conditions. For example, on a recently completed job to clean up waterways, Zilper installed a 16 inch metal casing beneath a river while encountering flowing sands with less than 5ft of cover, a feat unique to Petra capabilities.
“The combination of Petra and Zilper brings together complementary teams and technologies, We’ve both been building methods to excavate problematic geologies in the underground industry. Combined, Zilper and Petra provide a complete undergrounding solution to construction and utility companies who need to de-risk undergrounding projects and bore through all geologies.”
-Daniel Zillante, former CEO of Zilper and new COO of Petra.
Petra will begin manufacturing Zilper’s technologies in the United States in September 2022 for introduction to the US and European Markets in early 2023.
Zilper’s co-founders, Daniel Zillante and Robeto Zillante will join Petra’s leadership team as COO and CTO. Roberto will become Petra’s new CTO and brings over a decade of experience in the design, manufacturing, and utilization of trenchless machines. Daniel will join as Petra’s COO, bringing years of operational and strategic experience in the trenchless industry to Petra. Zilper and its founders have won over 15 awards and recognitions for their work, including the Best New Trenchless Equipment at the Latin America Conference of Trenchless Technology in 2019.
Petra safeguards communities with cutting-edge technology that bores through previously impenetrable geologies. Petra's Zilper platform is the first trenchless tunneling technology that de-risks undergrounding projects. Construction companies, municipalities, and utilities can now bury critical infrastructure at scale.
From the halls of the Massachusetts Institute of Technology, Zilper grew from 2 founders to 31 people in just three years. With more than 3,000 feet of pipeline installed, Zilper’s patented technology reached product-market fit in record-breaking time. More recently, the International Society for Trenchless Technology (ISTT) has included Zilper’s Assisted Dynamic Boring machine in their official guidelines, which has led to impressive traction in international markets.