Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Nemetschek SE:



DGAP-Media / 08.07.2020 / 15:03

Press Release

Nemetschek Group announces major paradigm shift for building industry

- New workflow solution to create agile design teams

- Next evolution of model-based collaboration between architects, structural engineers, and MEP engineers

- Development pioneered by GRAPHISOFT, RISA, SCIA

Munich, July 8, 2020 - The Nemetschek Group, one of the leading software providers for the building industry, today announced its next-generation workflow solution, Integrated Design, at GRAPHISOFT's Building Together digital event. The solution presents a paradigm shift for the building industry, enabling architects, structural engineers, and MEP engineers to increase collaboration by working as agile teams.

According to recent studies, the productivity of the construction industry grew by only one percent annually over the last 20 years. As a result, the industry lags far behind other sectors. In addition, cost or time overruns occur in a large majority of projects. The lack of productivity gains and the inefficiencies are partly due to the loose connection between the different professions, who typically work on their own dataset separately. In the design process of a building, currently 30 percent of the time is spent on coordination between architects, structural and MEP engineers, energy experts, and others.

"We must challenge the traditional processes of our industry to improve. Our vision is to help design professionals move from an asynchronous, data-protective way of working to agile cross-disciplinary teams, where they share all essential project information in real-time," said Viktor Várkonyi, Chief Division Officer of the Planning & Design Division and member of the Executive Board of the Nemetschek Group, at the Building Together digital event. "For instance, instead of perfecting collision detection, why not invent processes that avoid those collisions occurring? Our technology will enable our customers to spend the majority of their valuable time on the creative design process."

Led by GRAPHISOFT, RISA and SCIA, numerous brands of the Nemetschek Group have been involved in the development of this multidisciplinary teamwork environment. "Our Group approach of putting customers first and driving open standards and interoperability has formed the basis for this innovation," Viktor explained.

"With this new integrated approach, architects, structural engineers, and MEP engineers can work together on design processes, in a more cross-functional, interactive, and collaborative manner," explained Huw Roberts, CEO of GRAPHISOFT. "It is exciting to see how the Nemetschek Group brands joined forces in developing this next-generation tool."

With the BIM working method as a joint database, all disciplines work on their own tasks and parameter sets in a centralized model. "Model duplication should be a thing of the past," said Amber Freund, CEO of RISA. "Architects and engineers can work as one integrated multidisciplinary team and with real collaboration. This will allow them to present fast decisions focusing on customer needs," added Hilde Sevens, CEO of SCIA.

"The Integrated Design workflow will significantly change the way architects and engineers work together," says Viktor. "The result will be great buildings delivered on time and on budget - a novelty for the building industry."

About the Nemetschek Group

The Nemetschek Group is a pioneer for digital transformation in the AEC industry. As the sole corporate group worldwide, Nemetschek covers the entire life cycle of building and infrastructure projects with its software solutions and guides its customers into the future of digitalization. With intelligent and innovative software solutions, the Nemetschek Group increases quality in the building process and improves the digital workflow of all those involved in the building process. This revolves around the use of open standards (Open BIM). The innovative solutions of the 16 brands in the four customer-oriented divisions are used by approximately six million users worldwide. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 2,900 experts. Publicly listed since 1999 and quoted on the MDAX and TecDAX, the company achieved revenue in the amount of EUR 556.9 million and an EBITDA of EUR 165.7 million in 2019.


Contact:
Stefanie Zimmermann
VP Investor Relations & Corporate Communication
NEMETSCHEK SE
Konrad-Zuse-Platz 1
81829 Munich
P: +49 89 540459-250
M: +49 175 7211197


End of Media Release


Issuer: Nemetschek SE
Key word(s): Construction

08.07.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Nemetschek SE
Konrad-Zuse-Platz 1
81829 München
Germany
Phone: +49 (0)89 540459-0
Fax: +49 (0)89 540459-444
E-mail: [email protected]
Internet: www.nemetschek.com
ISIN: DE0006452907
WKN: 645290
Indices: MDAX, TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1089551

 
End of News DGAP Media

1089551  08.07.2020 

fncls.ssp?fn=show_t_gif&application_id=1089551&application_name=news&site_id=sharewise

Nemetschek SE Stock

€81.35
-1.750%
A loss of -1.750% shows a downward development for Nemetschek SE.
Our community is currently high on Nemetschek SE with 5 Buy predictions and 1 Sell predictions.
With a target price of 92 € there is a slightly positive potential of 13.09% for Nemetschek SE compared to the current price of 81.35 €.
Like: 0
Share
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments