In only the latest consolidation move in the competitive construction-technology sector, Trimble announced April 23 that it is acquiring Viewpoint Construction Software for $1.2 billion from Bain Capital.
Announced enhancements to a cloud-based project management service and its growing integration with external products holds promise for an easy exchange of construction data between independent products within the system, say contractors and third-party app vendors who attended a software users conference in Austin, Texas, in March.
What happens when a business consistently tells Wall Street it is going to construct a specific amount of capital improvements each year but consistently misses?
Brendan Bechtel, soon to be chief executive of the engineering and construction company that bears his family’s name, sounded an alarm about the industry’s performance on megaprojects with words as plainly spoken as any you will hear at a conference.