ENGINEERING TECH

IBM Acquires Dialexa to Speed Digital Innovation

IBM | September 26, 2022 | Read time : 02:24 min

IBM Acquires News
IBM ( NYSE:IBM) today announced plans to acquire Dialexa, a leading U.S. digital product engineering services firm, to help companies drive innovation and achieve their digital growth agendas. The acquisition is expected to deepen IBM's product engineering expertise and provide end-to-end digital transformation services for clients.

Dialexa will be the sixth acquisition IBM has made in 2022, further bolstering the company's hybrid cloud and AI skills and capabilities. Since Arvind Krishna became CEO in April 2020, IBM has acquired more than 25 companies. Thirteen of those acquisitions, including Dialexa, have been in IBM Consulting. Today's news builds upon IBM Consulting's prior acquisitions, including Neudesic, Sentaca, Nordcloud and Taos.

The acquisition of Dialexa will be IBM Consulting's first in the fast-growing digital product engineering services market, which is estimated to reach $700 billion by 20261. Upon close, Dialexa will join IBM Consulting, spearheading IBM's digital product engineering services presence in the Americas.

"In this digital era, clients are looking for the right mix of high-quality products to build new revenue streams and improve topline growth, Dialexa's product engineering expertise, combined with IBM's hybrid cloud and business transformation offerings, will help our clients turn concepts into differentiated product portfolios that accelerate growth."

-John Granger, Senior Vice President, IBM Consulting.

Founded in 2010, Dialexa delivers a suite of digital product engineering services, helping organizations create transformative products to drive business outcomes. Its multi-disciplinary and highly skilled team of 300 product managers, designers, full-stack engineers and data scientists, based in Dallas and Chicago, advise and create custom, commercial-grade digital products for clients such as Deere & Company, Pizza Hut US, and Toyota Motor North America. Dialexa has deep experience delivering end-to-end digital product engineering services consisting of strategy, design, build, launch, and optimization services across cloud platforms including AWS and Microsoft Azure.

"Digital product engineering represents the tip of the spear for competitive advantage, IBM and Dialexa's shared vision for delivering industry-defining digital products could be a game changer. We are thrilled to become part of one of the world's most iconic companies to continue to scale and grow our global client relationships in this rapidly growing market."

-Scott Harper, CEO and Co-Founder, Dialexa.

The Dialexa team has been an outstanding partner for us in deepening our product thinking and assisting in our design practice on some of our key digital initiatives. It is rare to find a partner with such a strong combination of great thought partnership and deep execution capabilities, said Chuck Rhoades, Chief Technology Officer, Pizza Hut US.  We're excited about the possibilities of bringing these two companies together.

The transaction is expected to close in the fourth quarter of this year and is subject to customary closing conditions and regulatory clearances. Financial details were not disclosed.

About IBM:
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service.

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CONSTRUCTION

Infotech Launches Appia Construction Data Visualization ArcGIS Integration in Esri Marketplace

Infotech | October 19, 2022

Infotech, a leader in infrastructure construction software solutions, announced today it has launched the Appia service and a Construction Data Visualization extension in the Esri ArcGIS Marketplace. With this Esri ArcGIS integration, the Appia service is now a geo-enabled construction administration solution that allows owners to visualize the full story of civil infrastructure projects. In addition, Infotech has earned Silver partner level status within the Esri Partner Network. By pairing Infotech’s Appia service with Esri ArcGIS, Esri users can visualize critical construction data in public dashboards that provide transparency on dollars spent and progress made as well as private dashboards for team collaboration and information sharing. Additionally, the Appia and ArcGIS integration provides Local Public Agencies (LPAs) with asset location information required for digital as-builts and near-time data updates from field inspections, which provides further transparency on project schedule, payments and funding. “Working with Esri to geo-enable the construction data managed across our systems and including that critical data during the digital project delivery greatly enhances the handover process to asset management and maintenance systems, Being able to take the large amounts of data captured on each project and present it in an easy-to-understand dashboard allows Infotech to continue to support owners with tools that promote transparency.” -Will McClave, Infotech President of Systems. The Appia Construction Data Visualization extension allows LPAs and engineering firms to ensure construction data is GIS-enabled. This integration connects near-time construction project data to dynamic ArcGIS dashboards to support insight-driven decision making. “We look forward to our partnership [with Infotech] which will offer agencies greatly increased capabilities by leveraging our combined strengths, Combining Infotech data and systems with the analytical and visualization capabilities of Esri will provide our mutual customers with new levels of insight throughout the project lifecycle." -Terry Bills, Global Transportation Industry Director at Esri. The Esri ArcGIS Marketplace features products and services that extend the capabilities of ArcGIS to include industry and workflow-specific solutions built by companies like Infotech. About Infotech: Info Tech, Inc., DBA Infotech (Infotech) is a leading SaaS solutions provider for the infrastructure construction industry. Informed by DOT relationships and decades of experience, Infotech develops software solutions that bridge the gaps between owners, consultants, contractors, and other project stakeholders. Whether it be tools for construction administration and inspection or secure online bidding, Infotech’s solutions are built to increase transparency, productivity, and the availability of data. Infotech is the developer of Appia®, Bid Express®, and Doc Express®, as well as the official contractor for AASHTOWare Project™. About Esri: Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics.

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CONSTRUCTION

Mindtree Launches an Integrated Cloud-Based Solution to Accelerate Digital Transformation in the Construction Industry

Mindtree | September 22, 2022

Mindtree, a global technology services and digital transformation company, today announced the launch of Construction 360, a comprehensive, integrated cloud-based Salesforce solution designed to enable construction companies to streamline processes and increase productivity. Launched at Dreamforce 2022, Construction 360 combines Mindtree's extensive domain expertise, cloud capabilities, and NxT product suite with Salesforce's advanced Sales Cloud, Service Cloud, and other technologies. It provides the needed digital infrastructure for construction companies to gain real-time end-to-end visibility across the construction value chain and adopt next-generation technologies, boosting efficiencies, streamlining costs, and accelerating time-to-market. The solution enables construction companies to maximize performance and predictability across project lifecycle through superior management of bids, clients, suppliers, and projects, enhanced resource mobilization, and improved asset operations, thus making their operations and projects more sustainable. By using sophisticated Internet of Things, building information modeling, augmented reality/virtual reality, artificial intelligence and machine learning technologies, the solution aids data-driven decision-making, automation of key tasks, and better forecasting. With Construction 360, construction companies can improve bid cycle time from tender to execution, win ratio through past tender analytics and efficient quoting, and workforce and inventory utilization through better planning. They can also reduce supplier risks and onboarding time with greater milestone visibility, while better anticipating service needs for safety and inspection tracking. "It is imperative for the construction industry to catch up on digital transformation and make a concerted effort to grow in value by augmenting production rates, Construction 360 is designed to help construction firms rise above disparate, obsolete, and siloed assets and practices by availing of a single system of record, engagement, and action to address the cost and time repercussions of inefficient project management and governance." -Antonio Sciuto, SVP Global Business Development Officer of Salesforce. We are excited to leverage Mindtree industry expertise and Salesforce technology to help construction companies worldwide increase their productivity and address the labor skill shortage, said Tyler Prince, EVP and Worldwide Alliances Leader at Salesforce. "Construction is one of the industry sectors where digital technologies have the most potential to drive innovation and productivity, Construction 360 fulfils the need for a unified and comprehensive digital platform that can enable construction companies to make a material difference to their competitiveness by first identifying operational changes that have the potential to improve their engineering and field productivity, and then defining and executing on the most effective digital roadmaps to realize those changes across the value chain." -Venu Lambu, Executive Director and President, Global Markets, Mindtree. About Mindtree: Mindtree [NSE: MINDTREE] is a global technology consulting and services company that enables enterprises across industries to drive superior competitive advantage, customer experiences and business outcomes by harnessing digital and cloud technologies. A digital transformation partner to approximately 275 of the world's most pioneering enterprises, Mindtree brings extensive domain, technology and consulting expertise to help reimagine business models, accelerate innovation and maximize growth. As a socially and environmentally responsible business, Mindtree is focused on growth as well as sustainability in building long-term stakeholder value. Powered by more than 37,400 talented and entrepreneurial professionals across 24 countries, Mindtree — a Larsen & Toubro Group company — is consistently recognized among the best places to work.

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ENGINEERING TECH, CONSTRUCTION

Nexamp Provides Non-Wires Alternative Solution for National Grid Substation in New York

National Grid | September 20, 2022

Nexamp, together with National Grid, is addressing increased energy demand at the Coffeen substation in Watertown, New York with the construction of a new solar + storage facility that will eliminate the need for additional transmission lines or substation upgrades through a Non-Wires Alternative (NWA) approach. NWA projects are designed to reduce cost and complexity by using distributed energy resources such as solar + storage rather than relying on more traditional generation and infrastructure enhancements. The Watertown Renewables project features more than 20,000 solar panels generating 8.4 megawatts (MW) of renewable energy and 10 Tesla Megapack systems providing 31 megawatt hours (MWh) of energy storage. Together, the solar and storage components of Watertown Renewables are engineered to give National Grid the ability to call on the system for up to 5.7 MW / 29 MWh up to 25 times per year either from the panels or the batteries. "This project is significant because it represents a number of important firsts, It is our first NWA project and is the result of a lot of hard work and collaboration between Nexamp and National Grid. With solar + storage technology advancing so quickly, NWA projects represent new opportunities to innovate the way we solve demand issues on the grid. As we work on additional NWA solutions in other locations, we anticipate many exciting milestones ahead." -Chris Clark, Chief Development Officer, Nexamp. Watertown Renewables is part of Nexamp's extensive portfolio of distributed solar and storage assets and will also serve area residents through the company's popular Community Solar program, providing energy costs savings to subscribers while delivering a new source of renewable energy to the local grid. This project is capable of offsetting the energy needs of more than 1,000 local residents who get their electricity from National Grid. "National Grid is committed to reducing greenhouse gas emissions by increasing the amount of renewable energy on the grid while improving reliability and affordability for customers, Our recently released Clean Energy Vision plan outlines a pathway to achieve a fossil-free future to our energy systems that incorporates renewable sources of energy and storage solutions such as this non-wires alternative in Watertown. Nexamp's expertise in developing and operating energy storage solutions that benefit utilities and communities made them a natural fit for this project." -Brian Gemmell, National Grid's Chief Operating Officer for Electric in New York. Nexamp has dozens of other solar + storage projects already in operation across the Northeast and around the country. As a provider that offers an integrated approach from design/build to owner/operator, Nexamp is a long-term partner to the communities in which it operates. The Watertown Renewables project is expected to be completed early next year. About Nexamp: Nexamp is leading the transformation to the new energy economy with proven solar and storage solutions that make clean energy more accessible for our customers and partners. Our comprehensive solar and energy storage capabilities—including project development and acquisition, design, construction, and operations—enable clean energy savings and benefits for more customers. Nexamp's industry-leading community solar platform makes solar an option for anyone, offering guaranteed savings on annual electricity costs. With more than 1 GW of renewable energy generating assets currently in operation or under construction, we are building a decarbonized energy future. Visit us at www.nexamp.com. About National Grid: National Grid ( NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.

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ENGINEERING TECH, CONSTRUCTION

Sciens Building Solutions Announces First Acquisition in Maryland

Sciens Building Solutions | September 23, 2022

Sciens Building Solutions ("Sciens") today announced it has added to its growing portfolio Maryland-based LS Systems just outside of Baltimore. With four already-established Northeast locations, LS Systems increases Sciens' presence in this region, along with the Washington metropolitan area, allowing them to provide coverage and expanded capabilities to even more customers, while leveraging the unique offerings of LS Systems across the Sciens portfolio. "Sciens' commitment to a Mid-Atlantic regional expansion, combined with our capabilities and relationships, will enhance our ability to serve our loyal customers, as well as new clients, We chose to partner with Sciens to become part of a platform that can serve our customers locally, regionally, and nationally. LS Systems and Sciens both view growth as a top priority, not only for our customer base but for our valued employees, so we're excited to be a part of the ongoing expansion across the country." -Derrick Mitchell, President of LS Systems. LS Systems was established in 1996 just outside of Baltimore, Maryland, where it quickly became a well-respected life safety powerhouse focused on design, construction, and maintenance of fire protection, electronic security, and emergency communication systems. Its team of over 90 professionals are market leaders in providing fire and life safety services in the complex healthcare, retail, hospitality, higher education, and government spaces. "We're taking the fun Sciens journey to Maryland, an exciting addition to our many locations across the country. LS Systems is a true life-safety leader in the Baltimore-area with a team of industry experts whose experience positions them well for growth, Sciens is delighted to partner with Derrick and the entire LS Systems team as we continue on our quest to build the largest independent fire and life safety integrator in the United States." -Terry Heath, CEO Sciens. About Sciens Building Solutions: Headquartered in San Francisco, California, and backed by The Carlyle Group, Sciens Building Solutions is a holding company focused on the fire detection and security services sector. This includes the design, installation, and provision of maintenance services for fire detection and clean agent fire suppression systems in a variety of commercial, institutional, and government facilities. About LS Systems: Founded in 1996 and headquartered near Baltimore Maryland, LS Systems is an industry leader in safety and security systems design, implementation, and maintenance. They offer their clients leading-edge technology, integrated solutions, and passionate problem-solving.

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Our organisation is built on a foundation of innovation, creativity and strong communication – capabilities we know will continue to be vital to the future workforce. Digital literacy and science, technology, engineering and mathematics or STEM skills will also be critical, yet these capabilities are rarely connected to entrepreneurship.

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