Bentley Systems | November 14, 2022
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced advancements to its construction management solution with enhancements to SYNCHRO 4D and the addition of SYNCHRO Cost and SYNCHRO Perform applications. The new advancements and portfolio expansion enable construction firms to transform how they plan, manage, and execute their projects.
“SYNCHRO helps The Lane Construction Corporation have access to all our project-level data. Our field and corporate managers, along with the executives who lead them, now have timely access to critical business information through SYNCHRO, It is access to this information that helps improve forward-looking decision-making. Our industry has been far too reliant on backward-looking reports and analysis. It is time to start looking ahead and planning for success. SYNCHRO helps us make a plan that we can rely on.”
-Andy Kaiyala, former vice president of bid development, The Lane Construction Corporation.
SYNCHRO 4D now offers advanced 4D/5D model authoring with leading-edge model-splitting tools to create constructible components, assignment of construction attributes to the model, mixed reality modeling, construction geometry placement, and web and mobile access to improve team collaboration, status updates, and progress reporting from the field. The addition of SYNCHRO Cost helps project teams control budgets and track financial progress throughout the contract with support for multicontract capture, payment application tracking, and change order management, minimizing financial risk and maximizing project profits. SYNCHRO Perform enables construction performance management including the ability to capture daily progress quantities, diaries, unplanned events, timesheets, tickets, and estimated field costs to provide the shortest cycle time for project feedback and productivity insights.
Construction firms are striving to deliver more complex projects, address resource gaps and supply chain disruptions, and manage data transparency issues while trying to win more work, manage risk, and deliver profitability. SYNCHRO’s advancements in leveraging 4D/5D models with web access for team collaboration, performance management for progress tracking and reporting, and cost management to minimize risk and maximize profits will transform the way projects are planned and delivered – with digitized workflows to address these challenges.
Leading-edge construction firms are using 4D models to build and optimize schedules and communicate sequencing and staging in a virtual environment. Digital rehearsals are a core part of their planning process to ensure resources are optimized, reducing rework and increasing safety. With the enhancements to SYNCHRO 4D, the accessibility and value of the 4D model is extended to more project stakeholders. The new capabilities improve communication and coordination of optimized plans, enabling real-time collaboration and model-based field-collected data to ensure projects stay on track.
“Construction teams need to ensure that they are in control of both the schedule and costs of their projects, The addition of SYNCHRO Cost and SYNCHRO Perform extends SYNCHRO’s industry leading 4D scheduling and project management solutions to include more capabilities to help contractors manage their costs and effectively connect the planning and tracking of costs and schedule. Time is money and we want project teams to save more of both with SYNCHRO.”
-Rich Humphrey, vice president of construction at Bentley Systems.
SYNCHRO Cost works with SYNCHRO 4D’s model-based quantity take-off, which includes model splitting to generate constructible components complete with work breakdown structure and cost codes so that estimators can quickly and accurately generate estimates. Moreover, SYNCHRO Cost can control contract changes and simplify payment applications, tracking line items and percentage complete against a schedule of values.
SYNCHRO Cost leverages the performance data in SYNCHRO Perform so project teams can manage and leverage field performance data to gain an accurate picture of actual costs from the field to compare to planned costs and schedule, delivering a complete view of the project’s performance. These digital workflows better connect the office and job site with real-time information. Supplementing contracts and change orders with evidentiary documents and images can prove invaluable in avoiding contract disputes.
With daily, clear line-of-sight into the management of all site resources from staff, sub-contractors, and equipment, SYNCHRO Perform fills the gaps between end-of-month financial reporting cycles. And, with project leadership potentially at a disadvantage when it comes to decision-making due to delays in progress capture and errors in data entry, SYNCHRO Perform provides a timely source of truth for all performance management data and metrics, so that project leadership knows the health of every project. Construction-specific features capture daily progress quantities, diaries, unplanned events, timesheets, tickets, and estimated costs from field personnel, providing leadership with the timely data they need to make informed decisions.
SYNCHRO supports the entire heavy civil construction project lifecycle, empowering firms going digital with real-time insight into the performance, productivity, and financial health of their projects to make more-informed, data-driven decisions. Project teams stay connected and become collaborative with simple mobile and web interfaces for office-to-field workflows.
About Bentley Systems:
Bentley Systems (Nasdaq: BSY) 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 include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.
Woolpert | January 12, 2023
In yesterday’s announcement, U.S. Small Business Administration approved a six-year Mentor-Protégé agreement between Taylor Engineering and Woolpert.
Under the agreement, Taylor Engineering, which provides coastal and water resources research and engineering services, and Woolpert a global architecture, geospatial, and engineering firm, will help Taylor expand its technical consulting capabilities, remote-sensing instrumentation and data collection capabilities to support domestic federal clients. In addition, Woolpert’s management and technical assistance will expand Taylor’s relationships with federal agencies, enabling it to compete successfully with other large Mentor-Protégé Programs teams and small businesses.
Taylor’s end of the agreement will include delivering modeling expertise and coastal engineering experience to assist Woolpert’s consulting, geospatial and engineering capabilities. Broadly, the collaboration will be for online decision support tools, project design, data evaluation and continuous modeling for developing engineered solutions to persistent coastal issues.
Tom Mochty, Senior Vice President at Woolpert, said “Taylor provides that next step in the flow of knowledge application to communities.” He further added, “We are known for our ability to acquire and integrate topographic, bathymetric, and hydrographic data along coastlines and in the near-shore environment to support dredging, stormwater management, floodplain mapping, etc. Taylor specializes in coastal engineering and coastal modeling, which complements our capabilities perfectly. We are excited to expand our relationship with this talented group.”
Taylor Engineering offers cutting-edge solution for the water environment. For the public, corporate, and governmental clients, the company concentrates its efforts on water-related engineering, planning, management, and environmental concerns with a concentration on coastal regions.
Founded in 1911 and headquartered in Dayton, Ohio, Woolpert is an architecture, engineering, geospatial (AEG) and strategic consulting firm. It provides innovative services within and across markets to serve private, government and public clients worldwide. An ENR Top 150 Global Design Firm, Woolpert is an ENR Top 150 Global Design Firm, and was recently awarded its sixth-straight Great Place to Work certification. With more than 1,600 employees and 60 offices on 4 continents, Woolpert is the fastest growing AEG firm in America.
WSP | December 12, 2022
WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) announced today that it has entered into an agreement to acquire enstruct, a 75-employee structural engineering firm with offices in Sydney, Melbourne, and Brisbane, noted for designing and delivering quality building projects throughout Australia.
Although still subject to regulatory approvals and other customary closing conditions, the transaction is expected to be completed by the end of the first quarter of 2023.
“We are excited about joining forces with enstruct as it will strengthen our structural business in Sydney and provide relevant structural engineering capabilities that tie in strategically within our Properties & Buildings sector’s ambitions, The people at enstruct are highly regarded and will deepen our technical skills in the Australian market. I look forward to welcoming them to WSP.”
-Alexandre L’Heureux, President and CEO WSP.
Our firms have a highly complementary client base, a common focus on the healthcare, education, defence and transport sectors and a shared commitment to excellence. said Guy Templeton, WSP’s CEO, Asia Pacific. This acquisition represents a significant opportunity to provide enhanced structural engineering services to our clients, while making a lasting and positive impact on our community.
“Like WSP, we focus on delivering outstanding projects that combine innovation and quality, Combining our two teams means we can keep on delivering the personalized client service and leading structural engineering solutions for which we are known while offering our clients access to the expanded network of expertise, digital tools, and resources now available to us as part of WSP.”
-Ross Clarke, enstruct’s Founder and Managing Director.
enstruct is a specialized structural and civil engineering firm with a workforce of 75 employees in Sydney, Melbourne, and Brisbane. Formed in 2000 by a group of like-minded engineers with experience designing and delivering landmark building projects throughout Australia, enstruct has become a leading consultant thanks to its innovative and pragmatic approach.
As one of the world's leading professional services firms, WSP exists to future-proof our cities and our environment. It provides strategic advisory, engineering, and design services to clients in the transportation, infrastructure, environment, building, power, energy, water, mining, and resource sectors. Its 65,000 trusted professionals are united by the common purpose of creating positive, long-lasting impacts on the communities we serve through a culture of innovation, integrity, and inclusion. Sustainability and science permeate its work. WSP derived about half of its $10.3B (CAD) 2021 revenues from clean sources. Its shares are listed on the Toronto Stock Exchange (TSX: WSP).