Tech - Articles - Page 24 | Engineering News-Record

Technology

Procore Releases New Preconstruction and BIM Tools, Offers Lowe's Discount

Closer integration of acquisitions such as Esticom included in new features

June 11, 2021

Firm has added the first new features for its cloud-based construction management software platform since its initial public offering in May.

Finance

Who May Feel Financial Pain Inflicted by Katerra's Bankruptcy

Where did the promise of innovation go wrong?

Richard Korman

June 10, 2021

One Comment

Unpaid trade creditors, obligations to sureties and speculation about what went wrong with the fast-moving startup.

Project Management App Buildup Acquired by Stanley X

Jeff Rubenstone

June 10, 2021

No Comments

In a surprising shift for a traditional tool manufacturer, Stanley X, the innovation division of Stanley Black & Decker, has acquired Buildup, a project management platform used by general contractors and trade workers for punchlists, inspections and other tasks.

Virtual Conference

ENR FutureTech 2021 Opens With a Look at Construction Robotics and Startup Partnerships

Full sessions available for ticket-holders to stream on-demand

Jeff Rubenstone

June 10, 2021

No Comments

New advances in automation, data collection and the perils of too many pilot projects were the top line ideas at the first day of the 2021 ENR FutureTech conference.

Companies

FARO Acquires HoloBuilder, Expanding Reality Capture Offerings

Jeff Rubenstone

June 9, 2021

No Comments

3D imaging and measurement firm FARO Technologies announced on June 7 that it is acquiring 360° reality capture firm HoloBuilder in a $34 million deal.

Companies

Katerra Files for Bankruptcy, Seeks to Reorganize US Operations

Jeff Rubenstone

June 7, 2021

No Comments

The company cites project losses among the causes of its financial trouble.

Triax Adds Features to Proximity Tracing Wearables, Looks Beyond Social Distancing

Jeff Rubenstone

May 26, 2021

No Comments

Safety tracking tag also has geofencing and hazard warning features, as well as those that can be used for access control at gates and tracking worker equipment certifications

Nvidia and Bentley Partner on Digital Twin Modeling and Simulation Environment

Nvidia Omniverse will power simulation and visualization in Bentley's iTwin environment

Jeff Yoders

May 21, 2021

No Comments

Software firm announces link for photo-realistic visualization and simulation in its iTwin digital twin environment at technology conference in April.

Tech Investment

Procore IPO Exceeds $8.5B Valuation in First Day of Trading

Construction management software maker beats expectations, sets high bar for industry start-ups

Jeff Yoders

May 20, 2021

No Comments

Cloud-based construction management software firm sold 9.47 million shares at $67 each in stock offering May 20 on New York Stock Exchange.

2Q Tech Report

Putting 3D First, a Model Bridge Rises in Norway

Aileen Cho

May 14, 2021

No Comments

When the Norwegian Public Roads Administration asked the design-build team of Sweco, PNC, Armando Rito Engenharia and Isachsen to deliver a 643-meter-long concrete box-girder bridge completely in 3D, designers with Armando Rito were initially a bit skeptical.