In the United States alone, geospatial data and services are estimated to generate $1.6 trillion annually.
Archive for the ‘Hexagon’ Category
Cities worldwide are charged with the same challenge: that of creating or retrofitting sustainable, intelligent infrastructure. Cities need the best in design, geospatial, visualization and analytical tools to realize a viable and intelligent city design. 3D City design is architectural design times thousands, plus it must have the ability to be interwoven with other surrounding infrastructure and foster an urban conversation.
Since last year, traditional GIS positioning companies such as TopCon, are getting into the act of providing integration of Building Information Modeling workflows and field layout with their recent collaboration with Autodesk. This collaboration involves an Autodesk BIM 360 app for iPad to make it easier to locate BIM coordinates precisely on a construction site. Designed for general contractors and MEP professionals, the app controls a robotic total station and the LN-100 3D positioning system from Topcon. As-built data can be fed back into the design model via BIM 360 for quality assurance. Topcon was traditionally considered a geospatial company but they have extended their reach into many other industry segments now, including the area of BIM.
In a recent Research and Markets Report, “GIS Market in US 2012-2016″ the analysts discovered that many GIS vendors in the U.S. are adding integrated GIS solutions to their portfolios to avoid interoperability problems. These solutions are often seen as fully-integrated application in enterprise applications. End-users can integrate GIS solutions with design, analysis, and simulation software. It has become customary for manufacturing companies to integrate GIS solutions into analytical and simulation applications as part of the product life cycle, thereby extending the reach of GIS. Enterprise applications provide companies with asset management, planning, analysis, remote access, distribution of information, and controlling existing IT systems. Those vendors who have a history in providing design, analysis and simulation software from other industry perspectives such as asset management, planning, etc. can take advantage of this trend by integrating GIS directly into their existing product portfolios. (I have just returned from the Bentley Year in Infrastructure Conference in London where integrated GIS solutions was demonstrated).
“The analysts forecast the GIS market in the US to grow at a CAGR of 10.96 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from the Government sector. The GIS market in the US has also been witnessing the development of integrated systems. However, the increasing government regulations and guidelines could pose a challenge to the growth of this market.
Mladen Stojic, vice president of Geospatial at Intergraph, presented at a virtual press event this week to announce the Intergraph 2013 Geospatial Portfolio.
At Hexagon 2012 held in Las Vegas this past week, the opening of the Hexagon Online Marketplace, Hexagon’s Internet-based store, was announced. To many industry watchers, this is unprecedented. According to the press release, “the Hexagon Online Marketplace signifies the first ever Hexagon-level, direct-to-customer venture, and provides customers with a simplified method of purchasing select Hexagon products and services.” Those of us who have watched Intergraph, recently acquired by Hexagon, for many years, would not have thought this type of direct-to-customer marketing venture possible.
It is a sign of the times, however, where an online store allows customers of various professional backgrounds to explore high end offerings that have traditionally been the province of government and big commercial contracts.
Bentley Systems CEO Greg Bentley gave Bentley Systems’ second annual Corporate Update in a conference call last week.
“Bentley Systems’ revenue on an historical gap basis grew 10% to a record $523 million,” said Bentley. Asia was a major driver of this growth, increasing to comprise 19% of total revenue from 16% in 2010.
The software subscription business model accounts for 17% of revenues in 2011. The company’s resilient subscription revenues have enabled them to fully recover from the downturn faster than their competitors and software peers with less volatility and with greater visibility into this coming year.
The subscription business model also benefits the user organization that had invested in their future reuse of infrastructure information modeling through Bentley software. The relative lack of volatility in Bentley Systems’ revenues is good for the company’s stability and reliability and that is, along with subscription elimination of cost barriers for technology adoption and improvement, is good for user organizations.
Hexagon AB plans to sell bonds to refinance part of the loans used to fund the acquisition of Intergraph Corp.
According to the article below, “The company plans to raise $850 million from a share sale to help refinance some of the debt after it completes the purchase. Hexagon said on July 7 it agreed to buy Huntsville, Alabama-based Intergraph for $2.13 billion to add software that helps companies visualize complex data and design factories, ships and oil rigs.”
Hexagon Plans Bond Sale to Retire Intergraph Acquisition Loans Bloomberg Business Week, October 12, 2010