flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Satellier, Potential + Semac close investment deal

Satellier, Potential + Semac close investment deal

Top international CAD and BIM outsourced services provider announces strategic partnership with leading India-based engineering firm, expanding global services, markets


September 22, 2010

New Delhi, India (September 21, 2010) -- Satellier, a world leader in providing CAD and Building Information Modeling (BIM) outsourced services to the architecture, engineering and construction industry, announces a strategic minority investment from India-based top engineering firm Potential + Semac, ushering in the next evolution of the global architecture support industry.
“We’re recognizing a paradigm shift in the building industry worldwide, as public and private infrastructure investment is returning, stimulating latent demand for projects executed in BIM at more competitive rates,” says Satellier Founder and Executive Chairman Michael Jansen.  “By coupling Satellier’s core BIM expertise with Potential + Semac’s cross-discipline engineering expertise, we will meet this demand and provide comprehensive higher value-added services worldwide. Now we can do it all, and we can do it everywhere. ”
The strategic partnership will enable Satellier to provide its clientele, which includes 20 of the top 40 architecture, engineering, and construction firms in the world, with a wider menu of services. Building on its historical core focus of technology-enabled architecture design and production support in the United States, Europe, and Australia, Satellier will now be able to provide this new expertise in integrated Architecture/SMEPF services across all major markets.
“We welcome the addition of Potential + Semac to the Satellier global family and look forward to collaborating with their team in India and the Middle East to provide “best in class” end-to-end services worldwide,” says Satellier CEO Darren Rizza (former CIO at Skidmore, Owings, and Merrill LLP).  “We are poised and ready to partner with all segments of the global AECO community, increasing our depth of involvement in India-based projects and collaborating with our design firm clients worldwide to execute their projects according to the world class standards they have come to expect from Satellier.”
A 700-person full-service professional Structural, Mechanical, Electrical, Plumbing, Fire Fighting, Energy Audit (SMEPF) engineering firm with offices throughout India and the Middle East, Potential + Semac has executed projects in excess of five billion square feet for major hoteliers, developers, multinational corporations, and healthcare institutions in the South Asian region.
“As global players in the AEC industry, we are pleased to be partnering with Satellier to respond to the growing need for expertise in this area,” says Potential + Semac Executive Chairman Abhishek Dalmia.  “Our combined strengths will allow us to offer fully-integrated architecture and engineering support solutions, providing clients with the services and knowledge required to ensure successful projects at increasingly competitive price points.”


About Satellier
Backed by Sequoia Capital, Satellier is the world's leading CAD and BIM production and solutions provider to AECO firms, real estate companies, and building owners. Having completed project documentation for over 5,000 projects across more than 50 countries for half of the world’s top AEC firms, Satellier is the “Firm of Choice” in the AECO industry and has been featured on CNN, CNBC, and myriads of business, technology, and AEC publications worldwide. Satellier serves markets all over the globe through its offices in New Delhi, London, Dubai, Sydney, and Chicago.
www.satellier.com


About Potential + Semac
Potential + Semac Consultants is one of the oldest and largest engineering design firms in India, having executed five billion square feet of projects over its 40-year tenure. With 700 employees throughout India and the Middle East, Potential + Semac provides end-to-end engineering design services for industrial and commercial developments, including Structure, MEP, HVAC, IT Networking, and Energy Audit.  With a clientele of global industry leaders, Potential + Semac partners with 17 of the top 25 Indian developers, 34 of the top 50 Indian companies, and major Multinational Corporations including GE, IBM, Google, Toyota, JW Marriott, Hilton, Coca Cola, Nestle, and Volkswagen, among others.
www.potentialsemac.com

Related Stories

| Dec 3, 2013

Architects urge government to reform design-build contracting process

Current federal contracting laws are discouraging talented architects from competing for federal contracts, depriving government and, by inference, taxpayers of the best design expertise available, according to AIA testimony presented today on Capitol Hill.

| Dec 3, 2013

Construction spending hits four-year peak after rare spike in public outlays

An unusual surge in public construction in October pushed total construction spending to its highest level since May 2009 despite a dip in both private residential and nonresidential activity.

| Nov 27, 2013

BIG's 'oil and vinegar' design wins competition for the Museum of the Human Body [slideshow]

The winning submission by Bjarke Ingels Group (BIG) and A+ Architecture mixes urban pavement and parkland in a flowing, organic plan, like oil and vinegar, explains Bjarke Ingels. 

| Nov 27, 2013

Retail renaissance: What's next?

The retail construction category, long in the doldrums, is roaring back to life. Send us your comments and projects as we prepare coverage for this exciting sector.

| Nov 27, 2013

Pediatric hospitals improve care with flexible, age-sensitive design

Pediatric hospitals face many of the same concerns as their adult counterparts. Inpatient bed demand is declining, outpatient visits are soaring, and there is a higher level of focus on prevention and reduced readmissions.

| Nov 27, 2013

Exclusive survey: Revenues increased at nearly half of AEC firms in 2013

Forty-six percent of the respondents to an exclusive BD+C survey of AEC professionals reported that revenues had increased this year compared to 2012, with another 24.2% saying cash flow had stayed the same.

| Nov 27, 2013

Wonder walls: 13 choices for the building envelope

BD+C editors present a roundup of the latest technologies and applications in exterior wall systems, from a tapered metal wall installation in Oklahoma to a textured precast concrete solution in North Carolina. 

| Nov 27, 2013

University reconstruction projects: The 5 keys to success

This AIA CES Discovery course discusses the environmental, economic, and market pressures affecting facility planning for universities and colleges, and outlines current approaches to renovations for critical academic spaces.

| Nov 26, 2013

7 ways to make your firm more successful

Like all professional services businesses, AEC firms are challenged to effectively manage people. And even though people can be rather unpredictable, a firm’s success doesn’t have to be. Here are seven ways to make your firm more successful in the face of market variability and uncertainty.

| Nov 26, 2013

Design-build downsized: Applying the design-build method in an era of smaller projects

Any project can benefit from the collaborative spirit and cooperative relationships embodied by design-build. But is there a point of diminishing return where the design-build project delivery model just doesn't make sense for small projects? Design-build expert Lisa Cooley debates the issue.

boombox1
boombox2
native1

More In Category


Museums

UT Dallas opens Morphosis-designed Crow Museum of Asian Art

In Richardson, Tex., the University of Texas at Dallas has opened a second location for the Crow Museum of Asian Art—the first of multiple buildings that will be part of a 12-acre cultural district. When completed, the arts and performance complex, called the Edith and Peter O’Donnell Jr. Athenaeum, will include two museums, a performance hall and music building, a grand plaza, and a dedicated parking structure on the Richardson campus.



halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021