Nemetschek
Canvas Category Software : Engineering : Digital Twin
The Nemetschek Group is a globally leading software provider for digital transformation in the AEC/O and media industries. Its intelligent software solutions cover the entire lifecycle of building and infrastructure projects and enable creatives to optimize their workflows. Customers can design, build, and manage buildings and infrastructures more efficiently and sustainably and develop digital content such as visualizations, films and computer games more creatively. The software provider is driving innovations such as digital twins as well as open standards (OPEN BIM), and sustainability in the AEC/O industry, constantly expanding its portfolio by also investing in deep-tech startups. Currently more than seven million users worldwide are shaping the world with the customer-focused solutions of our four divisions. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs around 3,600 experts globally.
Assembly Line
Autodesk and the Nemetschek Group Agree to Advance Open, Interoperable Workflows for Design and Make Industries
Autodesk, Inc. announced an interoperability agreement with the Nemetschek Group to improve open collaboration and efficiencies for the architecture, engineering, construction and operations (AECO) and media and entertainment (M&E) industries. The agreement will enhance existing interoperability between the two companies’ industry cloud and desktop products and improve the fluent exchange of information across solutions.
Optimizing workflows across Autodesk and Nemetschek will allow data to flow more easily from one cloud platform or desktop application to another so details get to the right people at the right time. The interoperability is powered by Autodesk Platform Services (APS), a set of open Application Programming Interfaces (APIs) and web services, that enables Nemetschek’s dTwin, Bluebeam Cloud, BIMcloud, and BIMplus to connect to Autodesk’s industry clouds—Forma, Fusion, and Flow—and design solutions. This will enable customers and partners to connect their data and capabilities across the respective solutions so users can focus on optimizing their projects with automation, AI and insight.
Nemetschek Group Invests in Startup Stylib, a SaaS-based Material Search Platform
The Nemetschek Group, a globally leading software provider for the digital transformation in the AEC/O and media industries announced its participation in a pre-seed-investment round for the UK-based startup Stylib, a SaaS-based platform that simplifies architectural product discovery. The investment underlines the Nemetschek Group’s strategy of driving innovation in the construction industry.
Stylib helps architects and designers find, curate, and manage architectural products from suppliers and manufacturers. Currently, architectural product discovery is a time-consuming task. Designers spend days browsing through vast catalogues, often unable to cover the constantly growing market offering when searching for products for their projects. While product suppliers and manufacturers remain focused on showrooms and catalogues to reach potential buyers, Stylib is taking a ‘vertical Shopify’ approach that aims to equip companies working in the field with digital tools that enable digital specification journeys.
Customers can also integrate Stylib’s product discovery technology into their own websites using the company’s API and widget solutions. Suppliers can manage their entire catalogue database using the platform’s vertical Product Information System (PIM), which enriches their data using machine learning and has been designed to suit the needs of architectural product suppliers and manufacturers. They also benefit from AI-based search insights which inform them what the latest trends are based on analysis of user searches.
Nemetschek Group Invests in Project Cost Control Startup LiveCosts.com
The Nemetschek Group, a globally leading software provider for the AEC/O industry, announced the initial investment in the Irish startup LiveCosts in form of an initial funding. This is a strong continuation of the Nemetschek Group’s strategy to support young and innovative entrepreneurs within the construction industry.
LiveCosts have simplified cost control with an easy to use software that connects the office to field. Their goal is to make simple construction technology available for all companies, no matter the size. The team offers a Software-as-a-Service product that seamlessly connects to a company’s accounting system while offering simple, smart and sophisticated dashboards that power profitable projects.
Strategic Start-Up Investment in Construction Project Analytics Provider SmartPM
The Nemetschek Group, a leading global software providers for the AEC/O and media & entertainment industries, announced their investment in the start-up SmartPM, a project controls automation platform, based in Atlanta, Georgia, USA. This investment further expands the Nemetschek Group’s venture strategy of driving innovation in construction. Matt Wheelis, SVP of Strategy for the Build & Construct Division at the Nemetschek Group, will be joining the Board of Directors at SmartPM.
SmartPM is an Automated Project Controls and Schedule Analytics Platform. Its proprietary schedule analytics technology proactively identifies critical project risk issues throughout the entire construction lifecycle. The software organizes, analyzes, and translates complex and hidden schedule data into key metrics and graphic visuals that support decision-making, resulting in better project outcomes. Designed to work alongside and in tandem with current processes, SmartPM elevates CPM Scheduling Software (MS Project, Oracle Primavera, Power Project) by improving schedule quality and automating project control processes that align with construction industry best practices.
SmartPM has proven to reduce delays and increase savings, with its customers reporting a 50X ROI that often translates to saving millions of dollars on their commercial construction projects. SmartPM has seen rapid growth in its business, partnering with the top contractors in the U.S.
Nemetschek Group Invests in US-based Financial Automation Platform Briq
The Nemetschek Group, one of the leading software providers for the AEC/O and media industries, announced its investment in the US-based start-up Briq, a data-driven, collaborative financial automation platform for the construction industry. The investment further expands the Nemetschek Group’s venture strategy of driving efficiency and innovation in the industry.
By eliminating manual tasks and minimizing human errors, Briq significantly enhances the efficiency and profitability of construction companies. The platform seamlessly integrates with popular construction systems such as Sage 100, 300, QuickBooks, Vista, Xero, and others. The young company is already serving over 300 clients across the United States. With a team of over 250 employees, Briq operates from offices in the United States, Canada, and India.