Trimble acquired the assets of privately-held Vico Software, Inc. (Vico), a 5D virtual construction software and consulting services firm. The asset acquisition extends Trimble's solutions for building construction and provides a platform to connect the information flow across the design-build-operate (DBO) lifecycle to improve cost management and optimize scheduling on complex building construction projects. Financial terms were not disclosed.
5D is a progressive step of the Building Information Modeling (BIM) process that provides a richer data context to 3D BIM. 5D intelligently links individual 3D model components with time and cost-related information, enabling project owners and Architecture, Engineering and Construction (AEC) service providers to visualize the progression of construction activities and the related costs over time. This BIM-centric project management methodology connects cost, scope and schedule within a visual environment to provide contractors with the ability to proactively resolve issues and streamline project delivery.
The Vico Software business will be reported in Trimble's Engineering and Construction Segment. +
Related Stories
| Jul 20, 2012
Office Report: Fitouts, renovations keep sector moving
BD+C's Giants 300 Top 25 AEC Firms in the Office sector.
| Jul 20, 2012
K-12 Schools Report: ‘A lot of pent-up need,’ with optimism for ’13
The Giants 300 Top 25 AEC Firms in the K-12 Schools Sector.
| Jul 20, 2012
Higher education market holding steady
But Giants 300 University AEC Firms aren’t expecting a flood of new work.
| Jul 20, 2012
3 important trends in hospital design that Healthcare Giants are watching closely
BD+C’s Giants 300 reveals top AEC firms in the healthcare sector.
| Jul 20, 2012
Global boom for hotels; for retail, not so much
The Giants 300 Top 10 Firms in the Hospitality and Retail sectors.
| Jul 20, 2012
Gensler, Stantec, Turner lead ‘green’ firms
The Top 10 AEC Firms in Green Buildings and LEED Accredited Staff.
| Jul 19, 2012
Renovation resurgence cuts across sectors
Giants 300 reconstruction sector firms ‘pumping fresh blood in tired spaces.’
| Jul 19, 2012
Rental market pushing service, ‘community’
The Top 25 Giants 300 AEC firms in the Multifamily Sector keep four-legged tenants in mind.
| Jul 19, 2012
AEC firms ready to dive into public projects
But the size of the pool keeps shrinking for the Top 25 AEC firms in the Government Sector.