Infotech Joins BIM for Bridges and Structures Transportation Pooled Fund Project as an Official Software Advisor

Infotech | April 23, 2020

Infotech, a leader in infrastructure construction software solutions, announced today it has been invited to join the transportation pooled fund project focusing on BIM for Bridges and Structures as part of the Software Vendor Advisory Group. BIM for Bridges and Structures, also known as TPF-5 372, is a collaborative effort of 20 Departments of Transportation, the Federal Highway Administration and the American Association of State Highway and Transportation Officials Committee on Bridges and Structures. The BIM for Bridges and Structures project will build upon global efforts to expand the Industry Foundation Classes standard to bridges and structures. IFC is the standard for the exchange of Building Information Modeling data for the International Standards Organization. Open standards enable the free exchange of information, and utilizing IFC, BIM for Bridges and Structures will develop an open standard for exchanging bridge information in the United States that leverages existing technology so the industry can capture and exchange information reliably.

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ENGINEERING TECH

H3 Dynamics & ELID Partner on Fully Autonomous Building Facade Maintenance, Link-up AXIOBOT Robotic Gondolas to H3 Zoom Façade Inspection Software

H3 Dynamics | April 11, 2022

Singapore industrial AI & robotics companies, H3 Dynamics and ELID Technology, have entered a commercial and technical partnership that ties H3 Dynamics’ AI-enabled façade assessments to ELID’s robotic façade repair gondolas. The combined technologies create the first end to end automation solution covering both inspection and remediation activities on tall buildings. This increases worker safety, while scaling up much needed maintenance in large-scale cities with aging populations and thousands of aging structures. Launched 3 years ago, H3 Dynamics’ H3 Zoom platform applies AI and workflow automation to help digitize health assessments of various structures and sites, with a first solution aimed at modernizing dangerous façade inspection work. This year Singapore enacted the Periodic Façade Inspection regime, making it compulsory to inspect buildings over 13 meters high and over 20 years of age every 7 years. Anticipating this development, Singapore’s JTC Corporation partnered with H3 Dynamics to develop an all-digital façade inspection solution as part of a national innovation initiative, now seen as the most advanced solution of its kind. The AI-enabled solution has been applied to over 900 buildings so far in Singapore alone. So far H3 Dynamics relied mainly on drone cameras to feed its cloud-based report generation system with HD and thermal images. But in the last 2 years its platform expanded to “non-drone" data workflows, connecting to body worn cameras, fixed cameras, and various robots – including AXIOBOTS robotic façade gondolas from ELID. “H3 Zoom is an agnostic site or asset intelligence platform - we purposely separated our software platform from our hardware developments so that we can open ourselves to new possibilities,” says Shaun Koo, CTO and co-Founder of H3 Dynamics’ H3 Zoom business. “Robotic gondolas can operate autonomously where drones cannot, especially in tight urban environments.” Following recent developments with CapitaLand, one of South-East Asia’s leading real estate companies – H3 Dynamics’ H3 Zoom platform capabilities have expanded to automated repair cost estimates, vendor management as well as repair project tracking. The platform links seamlessly to third party enterprise software, such as SAP’s work order management systems, or BIM tools from Autodesk, and has now partnered with HP Enterprise and Oracle to reach even more clients. The company’s system is open, agnostic, and can flow easily from assets anywhere in the field to clients’ operations. ELID’s AXIOBOTS robotic gondolas bring façade maintenance automation to the next level: they can paint, grout, clean, check for waterproofing and provide visual inspection. Combining AXIOBOTS with H3 Zoom AI-enabled platform fully automates the physical inspection and remediation process, linking precise positioning and qualification of defects with automated NDT physical checks and repair. “Our partnership with ELID exemplifies a powerful end to end innovation, where robots are not just capable of acquiring data, but also execute repair tasks identified by our AI analytics platform. This will make smart cities even smarter - bringing building automation to the next level,” stated Taras Wankewycz, CEO of H3 Dynamics. “We are proud to have H3 Dynamics’ market leading 'Facade Inspector' solution tied to AXIOBOTS facade robots. This provides clients with an easy all-in-one-solution for their façade maintenance needs,” Kenneth Wong, CEO of ELID Technology International H3 Dynamics and ELID are expected to begin trials of the combined solution in Singapore with JTC Corporation and Frasers Property Singapore, as a springboard to other megacities and countries with dense urban city-centers. About H3 Zoom by H3 Dynamics: Seeing digitization as the main driver for autonomous robotics and drone operations, H3 Dynamics created the H3 Zoom platform in 2015. H3 Zoom is a cloud-based and sensor agnostic autonomous analytics services platform that aggregates and transforms raw image and video files into cloud-based analytical insights. H3 Zoom’s broad array of expert services help accelerate maintenance and compliance decision-making for site or structure owners, facilities managers, and construction companies. The platform was launched commercially in 2019 and has since become a market leader for remote analytics as a service in Southeast Asia, with expansion now taking place globally through several partnerships including SAP, Oracle, and HP Enterprise. About ELID Technology: ELID Technology has been a renowned manufacturer of Access Control solutions since 1993 and started the development of AXIOBOTS in 2015. AXIOBOTS ’ autonomous painting system was completed in 2017 while its cleaning, visual inspection, and water-tightness testing capability was launched in 2019—making AXIOBOTS the world’s 1st automated 4-in-1 robotic façade solution, and a market leader in its field. AXIOBOTS has patents granted in 7 countries including Singapore and United States while 6 other countries pending grant. Deployable in any mode of access such as suspended platform, boom lifts and BMUs, and with a growing number of projects in Singapore, ELID is setting its sight on global expansion.

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ENGINEERING TECH

SpotOnSite: The Future of Facilities Management, Designed to Help Contractors and Facility Managers Save Time and Money

SpotOnSite | January 12, 2022

The construction industry currently has two imperative needs: Transparency & Technology. Two years spent in a pandemic brought important face-to-face meetings to virtual, saving everyone time while maintaining connections. The creators of SpotOnSite desired to bring the same brilliant efficiencies to property management and contractor maintenance by reducing the number of face-to-face meetings required to complete property repairs. SpotOnSite is a mobile application that connects work orders with contractor availability in order to reduce onsite visits, increase transparency between all parties involved, and improve efficiency when completing site inspections. What can SpotOnSite help manage? SpotOnSite identifies parking lot repairs, including: potholes, ADA hazards, exterior issues, tree removal or trimming, landscaping maintenance, roofing repairs, exterior lighting, and snow removal. It can also be used for the management of all types of facilities, such as commercial parking lots, golf courses, stadium venues, retail shopping centers, logistic centers, and more. What is the process when using the SpotOnSite app? With the help of satellite imagery, SpotOnSite is able to measure all aspects of a property directly from a mobile device. This allows for obtaining exact measurements of an area that needs a contractor's attention. Using this information, the highlighted area can be labeled and areas of concern become easier for contractors to properly analyze what’s needed and where. The app will also allow the addition of photos and/or videos to corresponding issues, thus providing clear explanations to take place without requiring additional face-to-face meetings. Can SpotOnSite help eliminate miscommunications? Designed to be a collaborative tool that helps ensure successful projects, SpotOnSite ensures less miscommunication and more efficiency. Sharing property inspections or issuing external links to individuals, outside of the network, further allows for a transparent process from when a project starts until its completion. The mobile application also allows managing your projects within your team by using the time-stamped and date comment log feature. With SpotOnSite, you can expect fewer change orders, more transparent communication, and a more efficient process from start until finish. For contractors, facilities managers, or anyone in the construction industry, this new technology will be an essential piece to generating more success for your business in 2022!

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MATERIALS

Holcim to Acquire Malarkey Roofing Products

Holcim | December 27, 2021

Holcim (Paris:HOLN) has signed an agreement to acquire Malarkey Roofing Products, a leading company in the US residential roofing market with projected 2022 Net Sales of USD 600 million and EBITDA of USD 120 million. Malarkey Roofing Products has a track record of double-digit growth in the highly profitable USD 19 billion US residential roofing market. Malarkey is fully complementary to Firestone Building Products’ leadership in the commercial segment, positioning Holcim as a full roofing provider. Malarkey’s strong brand recognition is driven by its leadership in innovation and sustainability with a highly circular business model. Jan Jenisch, CEO: “We are off to a strong start to our ‘Strategy 2025 – Accelerating Green Growth’ with the acquisition of Malarkey Roofing Products, expanding our Solutions & Products business to become a global leader in roofing systems. I congratulate the Malarkey family for what they have achieved and am committed to investing in the company’s continued success to unleash its next era of growth together. Our companies are highly complementary with many upsides. I am impressed by the Malarkey brand, the innovative technology, the great network of production facilities and, most importantly, purpose driven employees who are vital for the company’s sustainable growth and national expansion plan. I am excited to further strengthen the Malarkey brand and legacy and welcome all employees and sites into the Holcim family.” “We couldn’t be more thrilled. For decades, we’ve sought a company that agrees with our vision, aligns with our values, and can help us accelerate our growth strategy. Today, we found it in Holcim. Like Malarkey, Holcim has a strong focus on driving the circular economy and leading the transition towards sustainable construction. It’s a very exciting time for both brands. To our employees, customers, partners, contractors, and friends, who continue to support our company and mission, thank you! You’ve witnessed first-hand the market’s rapid acceptance of our unique value proposition. With Holcim’s knowledge and resources, we can extend that value proposition to even more consumers. We’re just getting started.” -Gregory Malarkey, President of Malarkey Roofing Jamie Gentoso, Global Head of Solutions & Products: With Malarkey Roofing Products we enter the highly profitable and fast-growing residential roofing market, driven by repair and refurbishment as well as shifting customer preferences towards more sustainable and resilient building materials. With a track record of double-digit growth for the past ten years, Malarkey is a proven growth engine for expanding our range of roofing systems from commercial to residential. This transaction is valued at USD 1.35 billion, to be financed with 100% cash. Synergies of USD 40 million per year are expected on a run-rate basis to be realized by year three. The acquisition is earnings per share (EPS) accretive from the first year. Malarkey Roofing Products was founded by Herbert Malarkey in 1956 and is headquartered in Portland, Oregon. It provides complete solutions for residential roofing needs from roofing shingles to ice and water barriers. With production facilities in Oregon, California and Oklahoma, Malarkey Roofing Products has a strong presence from the West to the South of the US that is highly complementary with Firestone Building Products’ footprint. The acquisition advances Holcim’s “Strategy 2025 – Accelerating Green Growth” with the goal to expand its Solutions & Products business to 30% of Group Net Sales by 2025, entering the most attractive construction segments, from roofing and insulation to repair and refurbishment. The transaction is in line with Holcim’s commitment to strict financial discipline and is subject to customary conditions and regulatory clearance in the United States. It is expected to close in the first quarter of 2022. About Holcim Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

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CONSTRUCTION

Nubeva Announces Expanded Focus On Architectural, Engineering, and Construction (AEC) Industry

Nubeva Technologies | May 17, 2022

Nubeva Technologies a pioneer of next-generation solutions for ransomware, announces expanded efforts to help Architectural, Engineering, and Construction (AEC) firms better protect themselves from ransomware attacks. Based on industry-specific feedback and strong early adoption, the company is increasing its focus on the AEC as there is a clear need and fit for Nubeva's new breakthrough solution across the entire industry. With input from 100's of AEC firms, Nubeva's industry brief, Understanding Ransomware in the AEC, discusses the specific circumstances and challenges facing thousands of these companies in the United States alone. These organizations play a vital role in building and maintaining critical infrastructure, making them prime targets for ransomware. Due to industry-specific dynamics and computing models, findings are conclusive that the AEC industry experiences as much as 2x the ransomware attack rates as other industries. "When I first heard about Nubeva's ability to decrypt ransomware from a colleague, I was skeptical. But when we studied and tested it, we quickly realized this was the missing link in our security strategy and a silver bullet for attacks that get past our firewalls, EDR, backups, and other systems," said Andy Knauf, CIO of Mead & Hunt. "Ransomware Reversal essentially provides instant protection as my team was able to fully deploy Nubeva across all of our systems in hours, not weeks or months. It was really easy." Nubeva's Ransomware Reversal solution fills a vital gap for when ransomware gets past security systems, and organizations must recover quickly. The software solution enables organizations to decrypt files and systems locked during a ransomware attack to restore operations faster than other solutions. The software is simple to install across distributed environments, has next to zero ongoing maintenance, and is priced for widespread adoption across companies of all sizes. "It is clear that there is a vital need in this industry. We have booked and billed over $500,000 of contracts in its first 100 days of product availability, with a majority of orders coming from the AEC industry, Once a company engages with us, we see nearly a 50% close rate. In my experience, those are very exciting results. Normally enterprise software and infrastructure sales have nine-month average cycles. This is an excellent sign not only for product-market-fit but also pointing to a low cost of sales. As we establish a strong foothold in AEC, we will expand to other vertical industries, as clearly, this is a problem affecting everyone." Steve Perkins, CMO at Nubeva.

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