CONSTRUCTION
ConWize | June 21, 2022
ConWize, the construction tendering software company, announced it had raised $2.8 million in a seed round led by Ariel Maislos. Other investors include Pi Labs, Europe's first and most active Proptech VC, and angel investors Liad Agmon and Meir Gabay.
Today, most construction companies, subcontractors, and suppliers in the construction industry still manage tenders manually, making the bidding process time-consuming, expensive, and prone to mistakes. With 15 years of experience in the construction industry, ConWize bootstrap founders Dima Haikin, Ran Levi Sody and Denis Umnov identified the acute need for innovation in the current tender practices. They decided to make a change and introduce digitalization into the tender management process. Their new builders' estimating software helps contractors prevent critical mistakes, win more tenders, and carry out projects more profitably.
The seed round follows successful product releases and sales after the company's contractors estimating software earned the trust of some of the largest construction companies in Israel.
"Construction technology presents unique growth opportunities," said Ariel Maislos, the lead investor of the seed funding round. "ConWize's SaaS platform solves a critical pain point in the construction process, as tenders directly impact construction companies' growth and success. I am thrilled to partner with this outstanding team as they expand their activities into the European market."
Faisal Butt, Founder and CEO of Pi Labs, said: "It has been incredibly exciting having ConWize as a member of the Pi Labs family ever since they were selected to be a part of our 2021 accelerator program. By automating the construction cost estimation and bidding process, the technology helps minimize development costs and make the overall process more efficient to benefit all stakeholders, including developers, contractors, subcontractors and end-users. We are proud to be backing Dima, Denis and Ran, and our investment team is confident that their entrepreneurial and technological skills will see ConWize make major inroads across the European construction sector in the coming years."
We have developed the most advanced cloud-based construction estimating program available for construction companies today. Our platform gives a true end-to-end solution for tender departments of general contractors and subcontractors. This construction estimating tool enables to save time and eliminate estimation errors. This new funding will help us scale up our success in the Israeli market and present the most advanced construction estimation software to Europe, starting in the UK."
Dima Haikin, ConWize CEO
The platform is already in use by the largest and most innovative general contractors in Israel, as well as thousands of subcontractors and suppliers. The platform's cloud-based architecture will facilitate the fast global growth ConWize expects.
About ConWize
ConWize is transforming the construction industry's tendering process, including bidding and cost estimation. With ConWize's SaaS platform, contractors can estimate projects more accurately, answer more tenders, and win more projects. The platform also offers advanced analytical capabilities, enabling companies to make data-driven decisions and improve their bidding from project to project.
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SAFETY AND REGULATION,ENGINEERING TECH
Trimble | August 12, 2022
Trimble (NASDAQ: TRMB) introduced today data integrity monitoring for its precise point positioning (PPP) correction service, CenterPoint® RTX Fast. The Trimble RTX Integrity™ monitoring system is an innovative, patented solution, built in direct response to client requirements for production-ready applications. It continuously validates the reliability of correction data processed by the network, which is broadcast to users in the agriculture, geospatial, construction and automotive industries, ensuring positioning data is right the first time.
Through a unique two-step process, the Trimble RTX Integrity system verifies the integrity of GNSS data received from satellites and filters faulty information in the network server before the data is broadcast. A secondary post-broadcast check is conducted on the entire data transmission process where additional errors may be detected and removed. The integrity monitoring system is fully automated and reacts in seconds to detect, isolate and block faulty data to provide even more highly accurate and reliable positioning.
Trimble RTX Integrity is comprised of independent monitoring stations strategically positioned across RTX Fast networks in the United States, southern Canada and across Europe. These stations continuously monitor data output during multiple stages of the Trimble RTX positioning process. Any suspicious satellite data is removed during the integrity protection process and positioning is calculated using only validated data.
Trimble Alloy™ GNSS reference receivers power the independent monitoring stations using redundant internet connectivity for added reliability. To date, no other positioning network offers the same level of data integrity validation across such expansive, contiguous geographies.
Trimble RTX Integrity monitoring system was developed in accordance with Automotive Software Performance Improvement and Capability dEtermination (ASPICE) and ISO 26262 automotive safety standards, making it easy to integrate into major automotive manufacturers' autonomous driving systems. Trimble RTX Integrity can also be used by Trimble's customers in the agriculture, geospatial and construction industries to ensure correction stream integrity and reliability for applications such as machine control and high-accuracy surveying applications.
"Trimble remains committed to exceeding expectations by providing accurate corrections to our customers to support safety-critical and other day-to-day applications, Implementing additional checks and balances to ensure our data is authenticated, trustworthy and accurate is of paramount importance to maintaining the integrity of our RTX network and instilling confidence with our users that the data is correct."
-Patricia Boothe, SVP of autonomy, Trimble.
About Trimble Autonomy:
Trimble Autonomy delivers leading positioning and orientation technology to major industrial markets worldwide. This approach to autonomy is built on decades of engineering expertise, system intelligence and field-proven solutions, covering billions of acres and millions of miles. Trimble's autonomous technology enables advanced action in any environment, designed to meet the unique needs of our customers no matter where they are on their autonomy journey.
About Trimble:
Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.
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ENGINEERING TECH
McKinstry | May 20, 2022
AkitaBox and McKinstry announce their partnership on delivering facility condition assessments (FCAs). AkitaBox FCA software will give architecture/engineering/construction (AEC) firms and building owners/operators a tool for conducting data collection, reporting, and other aspects of a complete FCA.
"A partnership with McKinstry, a leader in designing, constructing, operating, and maintaining high performance buildings, is exciting for AkitaBox, Their invaluable testing and feedback will help us ensure our software will truly improve every aspect of FCAs."
AkitaBox co-founder Josh Lowe
"We believe that we can help transform something that's been overlooked and is in desperate need of change," Lowe adds. "We look forward to moving the industry towards a better FCA, one asset at a time."
The collaboration began in mid-2021, when McKinstry first learned AkitaBox was developing FCA software. At the time, the company was looking for ways to augment their existing FCA offering to boost delivery of their building consulting services.
"McKinstry is partnering with AkitaBox to enhance our facility condition assessment and asset data collection, analysis, and reporting," says Casey Morris, national facility assessment leader for McKinstry. "AkitaBox brings a set of capabilities that complement our existing tools and methodologies while advancing our ability to achieve greater efficiency and improve deliverables for our clients."
"This partnership will expand our capabilities in the marketplace," continues Morris. "It's going to give us an opportunity to be more competitive while still offering the actionable data and custom solutions for which McKinstry is known."
AkitaBox FCA software fully digitizes a facility's floor plans and maps the location of each asset to the plan, creating a digital twin. Assessment data is collected and incorporated directly into the digital twin. This data can continue to be updated after the FCA is complete for an always current view of facility condition.
About AkitaBox
AkitaBox delivers an unrivaled data-driven software to assess and optimize the operation and condition of facilities, from the boiler room to the boardroom. Their cloud-based software provides real-time facilities data in a visual and easy-to-use, customizable format - helping teams simplify their operations, reduce risk, and solve even the most complex facility challenges. The AkitaBox Pulse suite of software solutions includes Facility Condition Assessment, Capital Management, Asset Management, Work Order Management, Preventive Maintenance, Occupant Experience, and Inspections. Visit www.akitabox.com.
About McKinstry
McKinstry is a full-service, design-build-operate-and-maintain firm specializing in consulting, construction, energy, and facility services. The firm's innovative, integrated delivery methodology provides clients with a single point of accountability that drives waste and redundancy out of the design/build process. With over 2,000 professional staff and trades people throughout the United States and operations in more than 20 states, McKinstry advocates collaborative, sustainable solutions designed to ensure occupant comfort, improve systems efficiency, reduce facility operational costs, and optimize profitability "For The Life of Your Building."
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ENGINEERING TECH
Unanet | May 26, 2022
Unanet, the leading provider of project-based ERP and CRM for the architecture, engineering and construction (AEC) industry, announced today that Tamarack Grove Engineering, a leading structural engineering and design firm with more than 2,500 projects each year throughout North America, has selected Unanet CRM AEC. Tamarack Grove expects Unanet CRM to enable widespread collaboration across project teams that will grow the business by potentially doubling their current customers and prospects.
Tamarack Grove Engineering is a Boise-based structural engineering and design firm that specializes in manufacturing, commercial, and facilities markets including fast food restaurants and grocery chains. It also specializes in natural disaster evaluation, restoration, and maintenance for facilities. As a Unanet ERP AE customer for approximately three years, Tamarack Grove found that as they continued to rapidly grow, they needed a CRM solution to effectively manage existing and new client relationships, and provide visibility into the company's project pipeline to help shape strategic direction and understand the resources needed for potential projects.
"Unanet ERP had positively transformed our productivity and profitability over the last three years. When we realized that we outgrew our rudimentary CRM system and needed a robust CRM solution, we immediately looked at Unanet, Unanet has already provided huge value to us on the ERP side, and the CRM had received positive reviews from other AEC firms. Now our ERP and CRM tools will be integrated in one, easy-to-access solution and we have a platform that we are all familiar with."
Duncan Robertson, director of business development and marketing at Tamarack Grove Engineering
Tamarack is implementing its CRM quickly, which is another advantage Unanet offers over competitive products. Once implemented, Unanet will give Tamarack a variety of benefits it needs to succeed in growing its business including the ability to:
Simplify and coordinate new leads and existing client data entry and management through Microsoft Outlook
Easily scan in the company's vast, incoming new contacts and leads through the business card scanner feature
Manage customer relationships and information around projects to effectively direct teams, partners, and resources
More than 1,850 architecture, engineering and construction companies like Tamarack Grove Engineering select Unanet ERP and CRM because they have the right mix of functionality and accessibility, while also offering the ability to scale and grow seamlessly.
About Unanet
Unanet is a leading provider of project-based ERP and CRM solutions purpose-built for Government Contractors, architecture, engineering, construction, and professional services. More than 3,400 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and accelerate business growth. All backed by a people-centered team invested in the success of your projects, people, and financials. For more information, visit www.unanet.com.
About Tamarack Grove Engineering
Tamarack Grove Engineering is a Boise-based, leading structural engineering and design firm with more than 2,500 projects throughout North America. The company specializes in manufacturing, commercial, and facilities markets. For more information, visit www.tamarackgrove.com. Founded in 2003, the company's mission is to serve clients by providing responsive, safe and trusted solutions with the highest quality, most dependable engineering and design services while providing an environment for its team members to grow.
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