InEight, a developer of construction project management software, has acquired BASIS, a planning-assist tool built for capital projects that complements and enhances critical path method scheduling. BASIS uses artificial intelligence to guide planners to improved project plans.
Qnect, a cloud-based, structural steel connection design and optimization software company based in Hadley, Mass., has added to its portfolio of connections new capabilities to optimize top and bottom plate moment connections, as well as deck support steel in 3D models.
We are having some success in nudging the software developers to serve our needs as well as those of their perhaps more numerous customers in other fields.
It has been a long journey since Australia-based construction management software maker Aconex was acquired by Oracle last December in a $1.2-billion deal.
Technology has become firmly embedded in disaster response and management, and every major event, such as the record-demolishing September 2018 floods in the Carolinas, sees new or improved tools showing up in the toolbox.
Quentin Wheeler, a retired U.S. Navy helicopter pilot and the CEO of a North Carolina company called Applied Drone Systems, has been flying drone missions over flooded towns in southeastern North Carolina during the Hurricane Florence emergency.
The global management consulting firm McKinsey & Co. has released a new study of 2,400 construction technology providers serving the entire life cycle of the industry.
Looking to bolster development of new technologies for construction and give industry players a place to test new products, Oracle has created a Construction and Engineering Innovation Lab.