Infrastructure software provider's leap from family-run operation to publicly traded company realizes a long-term goal to reward employees and boost shareholder liquidity, says CEO.
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.
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.