Autodesk to acquire smart water infrastructure software maker Innovyze for $1B northbaybusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northbaybusinessjournal.com Daily Mail and Mail on Sunday newspapers.
Based in Portland, Oregon, Innovyze s technology is used by organizations such as water and sewer utilities, river and flood authorities and manufacturing plants to design things like water distribution networks, water collection systems, water and wastewater treatment plants, and flood protection systems.
Its software is used in cities across North America, Europe, East Asia, Australia, and New Zealand, and they have over 3,000 customers, Autodesk said.
Autodesk plans to combine Innovyze s portfolio with its existing design and analysis software, including Autodesk Civil 3D, Autodesk InfraWorks, and the Autodesk Construction Cloud. The aim is to offer key players in the water industry a platform to better respond to issues and to improve planning, and ultimately support the modernization of water infrastructure globally.
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Autodesk Construction Solutions
Over the past year, the construction industry has demonstrated an immense level of resiliency as it found ways to continue to move forward in the midst of a global pandemic and resulting economic downturn. New onsite safety regulations have helped jumpstart postponed projects, but perhaps the biggest lever pulled has been the adoption of new technology to digitize our workflows and become more productive, precise, and prepared for the future.
The global concrete and cement market is expected to grow by
$332 billion over the next three years.
While the adoption of new technology has been growing over the past few years, COVID-19 has pushed the fast-forward button. In fact, a recent report from McKinsey & Company showed that the pace of digital transformation in the world has been sped up by seven years meaning the rate of adoption has sped up so much, we’re seeing adoption levels we weren’t expecting to see until the year 2027. More and mor
TU Dublin partners with Autodesk on new construction education centre
The €22m centre for construction education will be located at TU Dublin in Broombridge.
Software company Autodesk has committed 10 years of support to TU Dublin’s new hub for construction education, with the aim of preparing graduates in Ireland for careers in a “rapidly changing” sector.
The new €22m Centre of Excellence for Construction Education, Research, Enterprise and Innovation will be located at TU Dublin’s campus in Broombridge, Cabra. Construction is due to begin later this year.
Autodesk, which is known for software products such as AutoCAD, is one of several founding partners and investors in the centre. TU Dublin said other partners will be announced soon.