Autodesk on Monday revealed that it is acquiring Assemble systems which is a Boston based startup focusing more on the construction and BIM data management space.
The financial deals were not disclosed by the company officials, but it has been noticed that the Autodesk had taken part in the $12 Millions series A round for Assemble system last year.
Assemble system makes a platform Saas which is used by the construction expertise that acts as a consuming building information model(BIM) and hub, point clouds, drawings, estimating, project management, site management, scheduling, finance and connecting the data to the workflows.
Autodesk revealed that it is planning to integrate the Assemble systems ‘SaaS System’ with its 360 BIM project management system which is used for the construction and architecture design. Autodesk BIM software is aiming to bring automation to the pre-construction phase of a project and let the team collaborate on shared designs throughout the project lifecycle.
“I welcome the Assemble Systems team to the Autodesk family, as part of our efforts to digitize and improve the construction industry,” said Andrew Anagnost, president, and CEO of Autodesk. “We are connecting project data from design through construction, creating the cloud-enabled tools necessary to make the critical preconstruction phase of a project more predictable and profitable.”
The rise of the “construction tech” has been a part of a bigger trend in last few years where startups are increasing at a very faster rate with the use of advanced technology in the case of cloud computing, mobile apps, graphics that quick render, and data-heavy computations that complete faster than the blink of an eye — to fields of work that have yet to be digitised and have not traditionally been associated with tech. Now, every company is a “tech company.”
“Autodesk is an [architecture, engineering, and construction] technology leader and was the majority investor in our Series A funding last year,” said Don Henrich, CEO of Assemble Systems, in a statement. “We partnered closely with Autodesk to make the greatest impact on the construction industry. We’re excited about joining Autodesk and continuing to make BIM data more useful across construction project workflows.”
You may also like to read: