SmartPM
Assembly Line
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.
Sixth Sense selects seven start-ups for its first cohort
Seven Hills was delighted to support the first pitch day from Sixth Sense by Hexagon, a virtual event that saw 13 smart manufacturing start-ups pitch their pioneering innovations to a panel of expert judges and a global audience of 300 manufacturing leaders.
The winning companies as voted by the judges and attendees were:
- IconPro: Software which enables companies around the world to turn production data into sustainable value and growth.
- SmartUQ: The premier supplier of Machine Learning (ML) software optimally designed for science and engineering applications.
- EyeFlow AI: The No-Code SaaS platform to enable anyone to build Computer Vision application with AI in a simple, fast and intuitive way.
- Praemo: Razor™ ingests data as-is from automation, quality, historian, maintenance, and other manufacturing systems delivering differentiating insights to drive next level Continuous Improvement.
- SmartParts: Enabling organizations to unlock the full potential of additive manufacturing by introducing an intelligent material that is scannable, traceable, and cloud-connected.
- SMARTPM: AN engineering company focused on smart automation and optimization of industrial processes, based on in-depth knowledge of industrial and metrology processes.
- RIIICO: Bringing factories into the 21st century with a collaborative planning platform that disrupts how managers visualize their physical spaces and equipment.