IT Intelligence Bulletin (HG Insights) — Autodesk, Inc. has completed the acquisition of BuildingConnected, a leading pre-construction platform.

BuildingConnected is the largest and most active digital network in the construction industry with 700,000 construction professionals using the platform. It centralizes the bid management process and simplifies communication to make finding, qualifying and selecting the right subcontractors or responding to the right project opportunities fast and easy. Owners and general contractors use BuildingConnected to manage the bidding, qualification and bid evaluation process from one central location, while subcontractors and vendors can manage their opportunities and win more work.

“BuildingConnected’s bid management and risk analysis solution enables contractors to find the right people for the right project and provides Autodesk the unique opportunity to harness a powerful construction network,” said Dustin DeVan, CEO and co-founder of BuildingConnected. “Together, we can give contractors the ability to have a seamless flow from preconstruction through project completion for the first time ever.”

“Greater transparency, better collaboration, and an efficient bidding process are essential for delivering complex construction projects. Customers are demanding advanced digital solutions and preconstruction processes that empower them to have more confidence in their data, work smarter, and connect across the project lifecycle,” said Jim Lynch, Vice President and General Manager, Autodesk Construction Solutions. “Through the robust BuildingConnected network, customers now have an enhanced digital toolbox that improves data accuracy, reduces uncertainty, and allows a more effective way to increase productivity while building stronger subcontractor relationships.”

This report continues after the following message from HG Insights:

HG Insights – Sourcing Intelligence Redefined

HG Insights provides deep sourcing intelligence and diagnostic tools on and for the IT industry, analyzing the sector’s supply and purchasing activities to identify points of significant business value for enterprise companies and the vendors that serve them.

If you would like to gain unique account-level intelligence on Autodesk or identify opportunities across the wider IT market – Contact us now.

“With the acquisition of BuildingConnected, we now have a strong portfolio for empowering the technological transformation of the construction industry,” said Andrew Anagnost, Autodesk CEO. “At this phase, we will transition from acquiring leading construction technology companies to integrating these solutions and bringing them to our current and future customers.”

Autodesk plans to integrate workflows between BuildingConnected, Autodesk BIM 360, Revit and AutoCAD, as well as PlanGrid and Assemble Systems, to provide a comprehensive construction offering that addresses the critical processes and workflows across the project lifecycle from start-to-finish.

Send HG Insights your news

Have you got IT news you would like the HG Insights news team to cover? Maybe you have the inside track on a major IT news story or have heard something significant or of interest to the global IT sector. We value all contributions.

Email all press releases / information to news@hginsights.com and one of our journalists will get back to you.