Autodesk completes acquisition of AI-Powered software provider Pype

Autodesk successfully acquired Pype, and its portfolio of cloud-based software solutions for the construction industry. The acquisition will provide more value to the Autodesk Construction Cloud users. It will allow general contractors, subcontractors, and owners to automate workflows.

Pype is Autodesk’s fourth construction-based acquisition in recent years. It follows the acquisitions of Assemble in July 2018, PlanGrid in December 2018 and BuildingConnected in January 2019.

Jim Lynch, vice president and general manager of Autodesk Construction Solutions at Autodesk, said that they are thrilled to officially welcome the Pype team to Autodesk. Pype’s machine learning capabilities can be applied to multiple field and office workflows, and directly supports their aim to consistently provide customers with the most advanced construction project management technology. The acquisition of Pype is representative of their ongoing commitment to the construction industry, and their continued vision of how cloud-based, collaborative technology can drive the era of connected construction.

Sunil Dorairajan, CEO and co-founder of Pype, stated that Pype’s mission was always to help construction teams avoid seemingly ubiquitous challenges facing a document-intensive industry – inefficient workflows, disjointed collaboration, schedule delays, cost overruns and more. He added that Autodesk Construction Cloud offers a powerful solution for teams to tackle these difficulties while managing the entire building lifecycle, from design through operations. They remain committed to supporting both existing and new Pype customers regardless of the technology stack they use and are excited to continue their journey with Autodesk to help further increase productivity and reduce risk on construction projects.

More:  Aerodyne acquires principal stake in Sensorem to expand Australian drone market

The post Autodesk completes acquisition of AI-Powered software provider Pype appeared first on Geospatial World.

Source


More from: | Category: M&A News