Hexagon strengthens capabilities to serve rapidly evolving architecture, engineering, and construction (AEC) ecosystem with the acquisition of OxBlue

NACKA STRAND, Sweden, Dec. 18, 2020 — (PRNewswire) — Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the acquisition of OxBlue, a leader in construction visualisation technology designed to capture the life of a job site, start to finish.

OxBlue's high definition time-lapse photography and live video streaming services deliver real-time visual documentation of everything that happens on a job site, both exterior and interior. Combining the latest camera technology, artificial intelligence, and machine learning algorithms, OxBlue's desktop and mobile software platform connects stakeholders to their construction job sites from anywhere, anytime. Instant access to the most up-to-date construction project information enables real-time decision-making - from prompt assessments of quality, progress, and overall performance to risk detection and mitigation - allowing project executives and managers to confidently meet or exceed planned expectations.

OxBlue's construction visualisation solution improves the management of everything from material shipments and site visits to contractor schedules, progress updates and construction site security. Keeping everyone informed about project status, critical milestones, and other key information, including weather conditions, ensures projects stay on schedule and under budget.

"OxBlue represents another step in our vision to provide market-leading, data-centric solutions that introduce smarter ways to build," says Hexagon President and CEO Ola Rollén. "OxBlue's scalable business model of remote installations coupled with its reputation for outstanding customer support, leading technology, and strong AEC sales channel make it a great fit for Hexagon. Integration with our 3D surveillance technology, BLK247, and our construction software solution, HxGN SMART Build, will provide invaluable data and insights on construction job site activities. Additionally, OxBlue's access to machine learning data sets and best-in-class interface nicely complement Hexagon's AI and machine learning capabilities, machine automation solutions and autonomous workflow approach to construction."

Founded in 2001 and headquartered in Atlanta, Georgia, USA, OxBlue has served clients in 45 countries. OxBlue will operate as part of Hexagon's Geosystems division. 2020 revenues are forecast to be around 37 MEUR.

For further information, please contact:
Maria Luthström, Head of Sustainability and Investor Relations, Hexagon AB, +46 8 601 26 27, ir@hexagon.com
Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1 404 554 0972, media@hexagon.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-strengthens-capabilities-to-serve-rapidly-evolving-architecture--engineering--and-constructi,c3257536

The following files are available for download:

 

Cision View original content: http://www.prnewswire.com/news-releases/hexagon-strengthens-capabilities-to-serve-rapidly-evolving-architecture-engineering-and-construction-aec-ecosystem-with-the-acquisition-of-oxblue-301195808.html

SOURCE Hexagon

Contact:
Company Name: Hexagon
Financial data for Hexagon




Review Article Be the first to review this article


Featured Video
Jobs
Engineer III - Hydraulics for State of Nebraska at Lincoln, California
GIS Sales and Business Development for Duncan-Parnell Inc. at Ashland, Virginia
Geospatial Mapping Training and Support Specialist for Duncan-Parnell Inc. at Morrisville, North Carolina
GIS Manager for City of Vancouver at Vancouver, Washington
Regional Sales Manager (Eastern North America) for Teledyne Optech at Kiln, Mississippi
GPS and Mobile GIS Sales Development for Duncan-Parnell Inc. at Charlotte, North Carolina
Upcoming Events
911 Live 2021- at United States - Jun 29, 2021
GI_Forum 2021 | re.connecting spatially at Salzburg Austria - Jul 5 - 9, 2021
InterDrone 2021 --- Cancelled at Hyatt Regency Dallas TX - Aug 10 - 12, 2021
URISA GIS Leadership Academy at 701 Lee St #960 Des Plaines IL - Aug 16 - 20, 2021
University of Denver GIS Masters Degree Online
UAV Expo2021 -Register   & save



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise