Intelligent Build.tech Issue 20 | Page 10

NEWS

Hexagon acquires CAD Service to strengthen EAM solutions with enhanced visualisation capabilities

H exagon ’ s Asset Lifecycle Intelligence ( ALI ) division has announced the acquisition of CAD Service . CAD Service is a developer of advanced visualisation tools used to integrate computer-aided design ( CAD ) drawings , BIM models and Reality Capture data into HxGN EAM , Hexagon ’ s industry-leading asset management solution designed to extend asset lifecycles and improve productivity .

CAD Service has maintained a longstanding relationship with Hexagon , having signed a partnership agreement in 2013 . The flagship solution , OpenCAD , is already an essential tool for around half of Hexagon ’ s EAM Software-as-a-Service ( SaaS ) customers . The acquisition enables Hexagon to fully integrate CAD Service ’ s visualisation capabilities into the broader solution set and accelerate the development roadmap .
By leveraging CAD Service ’ s expertise in-house , the ALI division will be able to offer more robust and comprehensive EAM solutions , addressing the evolving needs of complex industries , including manufacturing , energy and transportation as they move to visualise and manage their assets in an increasingly 3D environment .
“ Acquiring CAD Service marks an important stepping stone for Hexagon ’ s Asset Lifecycle Intelligence division ,” said Hexagon interim President and CEO , Norbert Hanke . “ Its expertise and advanced visualisation tools will allow us to further enhance our EAM offerings , directly providing customers with more integrated and efficient tools for managing their assets . Becoming part of Hexagon is a natural progression for CAD Service since its tools have been an integral part of Hexagon ’ s EAM solutions for years .”

Saint-Gobain and Greentown labs renew joint commitment to drive climatetech growth and innovation

S aint-Gobain , the worldwide leader in light and sustainable construction , and Greentown Labs , the largest climatetech incubator in North America , have announced the extension of their Terawatt Partnership through 2026 .

Through this partnership , Saint-Gobain remains committed to supporting sustainability-minded startup growth through multiple forms of collaboration and engagement . For example , Saint-Gobain will continue to provide expertise to help startups create a path to market for innovations that enhance people ’ s well-being and fulfill Saint-Gobain ’ s global purpose – Making the World a Better Home .
As a partner of Greentown since 2014 , Saint-Gobain has represented a gold standard for Greentown ’ s corporate partners by hosting many events and programmes . Among them are multiple Greentown Go Build accelerators focused on finding startups that are advancing building tech solutions and enabling circularity and decarbonisation of the built environment . The company also offers the Greentown entrepreneurial community access to experts who offer knowledge and mentorship as startups prepare to define their business strategies , engage with investors , and market their products and technologies .
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