Investment by BIM Software providers has become more of a regular occurrence over the past few years. They seem to be attempting to create a start-up profile, spanning technologies or companies that they know will help them create a larger platform in the future.

Overall, it is interesting to look at the investor relations output from some of the larger players and how they are seeking to acquire technologies that previously were missing from their portfolios.

Providers making acquisitions in 2022/21 in order to achieve this include: Autodesk, Nemetschek Group, Bentley Systems, Hexagon AB, MRI Software, Procore Technologies, Schneider Electric, SpaceIQ, Thinkproject and Trimble Inc. There has been a clear convergence between the software vendors within the BIM Construct and BIM Operate market areas, with partnerships and acquisitions enabling larger players to gain access across the entire BIM lifecycle. BIM Operate, which includes software for facilities management.īIM Design has become a well-developed space over many years, and now many of the BIM Design software providers have expanded into the areas of BIM Construct.BIM Construct, which covers software for collaboration on planning and building.BIM Design, which includes software for the design of building and infrastructure projects.BIM is basically the foundation of digital transformation in the architecture, engineering and construction (AEC) industry, and incorporates three key areas: It was already starting to experience disruptive elements before the global pandemic and, as the effects of the pandemic have unfolded, there has been a significant increase in corporate restructuring and merger and acquisition (M&A) activity in the industry.Ĭambashi research data reveals that the disruption is particularly evident in the area of BIM (Building Information Modeling) software.

Today, every Hexagon solution is mapped and tagged according to its level of automation, so customers can clearly track our progress towards the freedom of autonomy.The construction industry is used to disruption. Ultimately, our innovations will give rise to new technologies and applications - many of which we’ve yet to imagine. Our transition to Intelligent automation is accelerating.

Hexagon infor eam acquisition