SAN RAFAEL, CA, USA, Jul 23, 2020 – Autodesk, Inc. (NASDAQ: ADSK) today announced it has signed a definitive agreement to acquire Pype, a provider of cloud-based solutions for automating construction project management workflows. The acquisition will empower general contractors, subcontractors and owners to gain even more value from Autodesk Construction Cloud by automating critical construction workflows such as submittals and closeouts to increase productivity and mitigate project risk.

Pype’s suite of software reduces tedious manual entry and human error that can lead to rework, cost overruns and schedule delays on construction projects. The company’s technology leverages artificial intelligence and machine learning to automatically analyze and extract critical construction data such as project plans and specifications to be used throughout the project lifecycle. By automating these traditional manual workflows and converting real-time data into actionable insights, construction teams have the power to increase collaboration and project efficiency. Pype customers include top general contractors such as Barton Malow, JE Dunn, McCarthy, Mortenson and Skanska, among others.

Since 2017, Autodesk has invested in nine construction technology startups. The company also acquired Assemble, BuildingConnected and PlanGrid; these three acquisitions alone total more than $1.1 billion.

“I could not be more optimistic about the future of the building industry,” said Andrew Anagnost, CEO of Autodesk. “Even in challenging times such as those we are currently facing, Autodesk remains focused on making the jobs of people who build easier. Pype’s robust machine learning capabilities will empower Autodesk customers to connect workflows across the building lifecycle in new ways and optimize their businesses for long-term resiliency.”

“We’re incredibly proud of the rapid growth Pype has experienced since its founding in 2015,” said Sunil Dorairajan, CEO and co-founder of Pype. “We’ve launched four widely adopted solutions to-date, each rooted in our ongoing mission to automate manual construction workflows for increased productivity and reduced risk. Now as part of Autodesk, we look forward to expanding these automated capabilities to ensure construction teams efficiently progress through projects, from design to closeout.”

“JE Dunn has been a pioneer at incorporating innovation to create and enhance robust digital and automated processes,” said John Jacobs, Chief Information Officer of JE Dunn. “Both Autodesk and Pype have been strategic partners throughout this digital journey, each with unique strengths and best-in-class solutions. Combining Autodesk’s construction management technology with Pype’s AI-powered project management capabilities will certainly accelerate the ongoing transformation of our industry.”

Pype will integrate with Autodesk Construction Cloud for streamlined project management

Autodesk Construction Cloud, which brings together Assemble, BIM 360, BuildingConnected and PlanGrid, is a powerful portfolio of software and services comprised of advanced technology, the industry’s largest builder’s network and predictive insights. With Autodesk’s established design authoring tools, Autodesk Construction Cloud connects headquarters, office and field teams to increase collaboration and productivity.

Following the acquisition, Autodesk plans to integrate Pype products with Autodesk Construction Cloud. Pype’s product suite includes:

1. AutoSpecs: Allows construction professionals to generate submittal logs in a matter of minutes
2. Closeout: Accelerates the construction closeout process via an easy-to-use, centralized dashboard and automated document collection
3. eBinder: Automatically converts hundreds of closeout documents into a fully indexed, hyperlinked and searchable turnover file
4. SmartPlans: Extracts submittals, product schedules, and contract compliance requirements from drawings

“Too many critical construction workflows are still performed manually by project teams, leading to inefficiencies and exposing companies to increased risk such as schedule delays and cost overruns,” said Jim Lynch, vice president and general manager of Autodesk Construction Solutions at Autodesk. “Pype’s software makes data both actionable and collaborative, allowing teams to build and automate workflows that increase on-time and on-budget project delivery. Following the acquisition, Pype will join our portfolio of best-in-class solutions that are widely used by the construction industry to manage the building lifecycle from design through to operations.”

“While risk is inherent in the construction business, leveraging artificial intelligence to automate tedious yet consequential data and processes significantly reduces project risk associated with human error,” said Karuna Ammireddy, CTO and co-founder of Pype. “Together, Pype’s solutions with Autodesk Construction Cloud will enable customers across the industry to mitigate risk during each step of the building process.”

Terms and Business Outlook: The transaction is subject to customary closing conditions and is expected to close during Autodesk’s third quarter of fiscal 2021, ending October 31, 2020. The acquisition will have no material impact on Autodesk’s second quarter and fiscal year 2021 guidance presented on June 3, 2020.

For more background on the acquisition, please see the accompanying PDF here.

About Autodesk

Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information visit autodesk.com or follow @autodesk.

ANN ARBOR, MI, USA, Jul 22, 2020 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “Why is PLM so Hard? How to make the complex simple.” The webinar will take place on Thursday, 27 August 2020, at 11:00 a.m. (EDT) and will last for one hour.

There should be no doubt, simple is best when it comes to implementing PLM. So, why has PLM typically been so hard, and often not as intuitive to implement and use as it could and should be? Making the complex as simple as possible maximizes ROI and innovation flourishes. In this webinar, we will look at some of the reasons for PLM’s historical difficulties and how best to attack the problem so that we can make it simple and maximize PLM-related ROI.

This webinar will help attendees:

1. Learn why we have made PLM complex.
2. Identify and avoid the mistakes of the past.
3. Understand the difference between simple and easy.
4. Find the right balance between automation, discipline, control, and ease of use.
5. Understand how keeping PLM simple starts with an appropriate and well-thought-out vision.
6. Understand what to Look for in a PLM solution.

According to Peter Bilello, CIMdata’s President & CEO, and the host for this webinar, “There should be no doubt, simple is best when it comes to implementing PLM. When the complex is made as simple as possible, ROI is maximized, and innovation flourishes.” Mr. Bilello continues, “Above all, you need to ensure that your PLM solution addresses your complete enterprise PLM requirements in the simplest manner possible so that it’s used by your entire organization, forming an effective and innovative work environment.”

Mr. Bilello has more than 30 years of experience in the development of business-enabling IT solutions for research, engineering, and manufacturing organizations worldwide. He has participated in PLM analysis, selection, implementation, and training; CAD/CAM/CAE/CIM implementation and management; synchronous and lean manufacturing consulting; software engineering; and general data management strategy development and support. He has authored numerous papers and research reports on PLM and related topics, and his articles, commentaries, and perspectives have appeared in publications throughout the Americas, Europe, and Asia. This webinar will be useful to a broad audience, including executives responsible for PLM initiatives, those responsible for digital transformation, PLM team leaders, PLM team members, PLM users, product managers, IT leadership, PLM software and service providers, and anyone interested in learning more about this topic.

1. To find out more, visit: https://www.cimdata.com/en/education/educational-webinars/webinar-why-is-plm-so-hard-how-to-make-the-complex-simple.
2. To register for this webinar, please visit: https://attendee.gotowebinar.com/register/8378251521971000075.

CAMBRIDGE, ON, Canada, Jul 22, 2020 – Continuing its unwavering commitment to customer support, Mazak Corporation Canada will officially open a new Technical Center in Edmonton, Alberta, in September of 2020. The facility is strategically located in Western Canada to provide local access to now direct sales, service, application and training support.According to Ray Buxton, General Manager of Mazak Canada, the new Edmonton Technical Center establishes Mazak as the only machine tool OEM with a facility in Western Canada. In addition to Alberta, the Technical Center will support customers in Manitoba, Saskatchewan and British Columbia specializing in industries that include oil and gas, agriculture, maritime, aerospace, mining, forestry and many others.

“While other companies tend to curtail investments when business is challenging, Mazak sees them as opportunities to provide customers a greater level of support so that they can compete more effectively and position themselves well for recovery,” said Buxton. “It is difficult to provide the level of technical support that our customers deserve strictly from our Canadian Headquarters in Ontario. The addition of our new Western Canada Technical Center will provide customers with access to the essential technology and support they need to be productive and grow their businesses.”

Measuring 7,200 sq-ft, the Edmonton Technical Center space is split evenly between training and technology center demonstration areas. The facility has a large presentation room for educational seminars and customer training. The demonstration area is being fully equipped with the latest Mazak technology for customer demonstrations and process prove outs.

Starting in September these will include the new VARIAXIS C-600 Vertical Machining Center, VTC 250D 50-taper Vertical Traveling Column Machine, QTN 450M Multi-Tasking Machine and the INTEGREX i-200ST full 5-axis Multi-Tasking Machine. The new facility will also showcase Mazak’s extremely user-friendly MAZATROL Smooth CNC technology that allows for both conversational and EIA/ISO programming and Mazak’s automation solutions for unmanned, lights-out production.

In addition to the capital investment, Mazak has also added a highly skilled sales and applications team headed by Bill Jaklin, Mazak’s Western Canada Sales Manager. Jaklin and his team has extensive machining and machine tool backgrounds ideally suited to assist customers in machine selection and process analysis.

Mazak Canada has always maintained extensive service coverage in Western Canada. As well as technicians based in BC and Alberta, Mazak Canada has a large service support network across Canada.

In addition to continuously expanding its network of Technology Centers and Technical Centers in North America, Mazak recently launched a new holistic digital customer experience, which features a new interactive tour of the company’s Kentucky campus, an immersive Virtual Technology Center and All Axes LIVE, an ongoing series of robust online events where attendees gain exclusive access to new never-before-seen Mazak manufacturing technology. This new digital customer experience fulfills the changing sales and support needs and expectations of manufacturers, both as a result of the COVID-19 pandemic and the increasingly competitive business landscape.

About Mazak Corporation

Mazak Corporation is a leader in the design and manufacture of productive machine tool solutions. Committed to being a partner to customers with innovative technology, its world-class facility in Florence, Kentucky, produces over 100 models of turning centers, Multi-Tasking machines and vertical machining centers, including 5- axis models. Continuously investing in manufacturing technology allows the Kentucky Mazak iSMART Factory™ to be the most advanced and efficient in the industry, providing high-quality and reliable products through its “Production-On-Demand” practice. Mazak maintains eight Technology Centers across North America to provide local hands-on applications, service and sales support to customers. For more information on Mazak’s products and solutions, visit www.mazakusa.com or follow us on Twitter and Facebook.

FLORENCE, KY, USA, Jul 22, 2020 – As part of its most recent $15 million investment in its Florence, Kentucky-based manufacturing campus, Mazak Corporation has announced the completion of its newly expanded Spindle Rebuild Department, now located in the company’s South Building. The expansion coincides with other Mazak investments, including new Technical Centers in Northern California, Florida and most recently Canada, all of which have been developed to provide local manufacturers with fast and reliable applications expertise, training, service and support.Mazak expansion efforts that also extend to its manufacturing plant, encompass the installation of a new state-of-the-art manufacturing cell with fully automated storage and retrieval system, six of Mazak’s most advanced machine tools and several of its Mazak SMOOTH TECHNOLOGY digital process monitoring solutions. The upgrades to the production facility, which has been expanded nearly 20 times since it opened in 1974, will allow the company to satisfy growing customer demand and provide the shortest possible turnaround times.

In addition to visiting in person, individuals will soon be able to experience the new expanded Spindle Rebuild Department and Mazak’s entire manufacturing campus as part of an interactive 360 Kentucky Campus Tour. This virtual interactive tour is part of Mazak’s recently launched three-pronged holistic digital customer experience, which also features an immersive Virtual Technology Center and All Axes LIVE, an ongoing series of robust online events where attendees gain exclusive access to new neverbefore-seen Mazak manufacturing technology.

Continual investments, such as the Spindle Rebuild Department expansion, in its facilities allow Mazak to quickly and effectively fulfill customers’ evolving needs for advanced machine tool technology and applications support for U.S. manufacturing in industries that include medical, aerospace, automotive, construction and agriculture equipment, automotive and medical industries. With the new Spindle Rebuild Department, Mazak has reset the bar for efficiency and quality in OEM-factory-certified machine tool spindle rebuild services. The expanded and newly updated department will further improve the company’s ability to quickly deliver spindles and reduce customer downtime.

The Spindle Rebuild Department supports every Mazak machine tool spindle in North America, including over 2,000 different models covering a wide range of horsepower ratings and speeds. As a cost-effective option for its customers, the expanded department will keep upwards of 1,000 rebuilt spindles in stock and ready for exchange, especially those found in Mazak’s most popular machine models.

To guarantee that all original spindle specifications are met or exceeded, experienced factory-trained technicians use only genuine Mazak replacement parts to rebuild Mazak spindles. Within a tight turnaround window, these technicians perform every stage of the repair and rebuild process, provide comprehensive and trackable spindle documentation, and conduct stringent testing of every spindle. The expansion has not only made room for additional technicians but also allows the department to boost its rebuild output to 100 spindles per month.

“Mazak’s Spindle Rebuild Department leverages over 30 years of spindle build expertise to offer the industry’s best spindle warranty,” said Matt Whissel, spindle repair manager for the Mazak Spindle Rebuild Department. “We understand our customers don’t have time to wait, and Mazak is truly committed to doing whatever we can to support these customers. And with our new facility, we have the capacity to return repaired spindles in three to five days and ship re-manufactured spindles in less than 24 hours.”

To reach that level of efficiency, Mazak has significantly expanded the new spindle department’s work area, and the clean, bright and ergonomic workspace will streamline rebuild operational flow, efficiency and speed, as will its closer proximity to the Mazak Parts Department in the South Building. To further streamline its spindle rebuild process, Mazak has also incorporated new advanced technologies, including spindle balancing units and other process systems intended for accommodating larger spindles.

Details on the interactive 360 Kentucky Campus Tour and Virtual Technology Center will be available in the coming days and weeks. For updates, follow Mazak on Facebook, Twitter, Instagram and YouTube and visit MazakUSA.com.

About Mazak Corporation

Mazak Corporation is a leader in the design and manufacture of productive machine tool solutions. Committed to being a partner to customers with innovative technology, its world-class facility in Florence, Kentucky, produces over 100 models of turning centers, Multi-Tasking machines and vertical machining centers, including 5- axis models. Continuously investing in manufacturing technology allows the Kentucky Mazak iSMART Factory™ to be the most advanced and efficient in the industry, providing high-quality and reliable products through its “Production-On-Demand” practice. Mazak maintains eight Technology Centers across North America to provide local hands-on applications, service and sales support to customers. For more information on Mazak’s products and solutions, visit www.mazakusa.com or follow us on Twitter and Facebook.

PITTSBURGH, PA, USA, Jul 22, 2020 –  Together with its European Channel Partner DYNAmore, Ansys (NASDAQ: ANSS) is supplying the BMW Group with Ansys LS-DYNA for passive safety system development in the next generation of safe, high-performance vehicles. Ansys LS-DYNA empowers users to optimize the design and analysis of passive safety systems — supporting more accurate predictions of vehicle behavior during collisions.

Ansys LS-DYNA is a highly scalable multiphysics solver that simulates
the behavior of vehicle components

Vehicles must undergo extensive and rigorous crash test scenarios during the design and development phases before they can be proven safe. As vehicles become more complex, the regulations for passing these tests become more stringent. Ansys empowers vehicle manufacturers with simulation tools with a high degree of fidelity to predict vehicle responses to these tests — speeding product and development cycles.

Ansys solutions support virtual crash testing by enabling engineers to optimize structural design for energy absorption during crashes and improve the interplay between different restraint systems, such as seatbelt tensioners and both front and side airbags. Ansys LS-DYNA users can implement a coherent, passive safety concept within a short development timeframe and with minimal use of hardware.

Ansys LS-DYNA is a highly scalable multiphysics solver that simulates the behavior of most vehicle components as well as the complete vehicle within a fully coupled mathematical framework. LS-DYNA is scalable on high-performance parallel computer architectures, boasts an extensive range of material models, and facilitates rapid implementation of development requests.

“The thorough and in-depth analysis of the methods and algorithms in LS-DYNA initiated by the BMW Group was a very demanding project for us,” says Ulrich Franz, Managing Director of DYNAmore. “The specific requirements of BMW Group with regards to the technical functionality and the integration into the existing processes and workflows were the main challenges that could only be met with great effort in all respects. DYNAmore works as an ongoing partner in software development, method development, user support and as an expert in materials science.”

“Active and passive safety systems improve road safety and save lives by greatly reducing the risk of injury to occupants during unavoidable accidents. Following the successful acquisition of LSTC and integration of LS-DYNA into our product suites, Ansys’ capabilities in this area are unmatched,” said Shane Emswiler, senior vice president, Ansys. “Our many ongoing collaborations combined with our open-ecosystem and cutting-edge simulation solutions enable us to go one step further in the integration of passive and active security systems to meet the high demands of the automotive industry.”

About DYNAmore

DYNAmore provides excellent support for many major automotive manufacturers in Europe and the United States in numerically solving nonlinear physical problems. The product portfolio includes the finite element software LS-DYNA, the pre- and post-processor LS-PrePost and the optimization software LS-OPT as well as numerous FE models for crash simulation (dummies, barriers, pedestrians, human models, etc.). For decades, the company’s focus has been on support, sales, training, engineering services, software development and system integration.

About Ansys

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where Ansys software played a critical role in its creation. Ansys is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A. Visit www.ansys.com for more information.

LONDON, UK, Jul 22, 2020 – DORIS Group, global Engineering and Project Management company in the energy industry, Schneider Electric, the leader in digital transformation of energy management and automation, and AVEVA a global leader in engineering and industrial software, have agreed to develop a strategic partnership to deliver Digital Twin technology for the upstream oil and gas markets. These new solutions will support the goals of oil & gas organizations to improve asset performance, increase sustainability and maximize return on capital on projects.

The three companies will combine offerings to bring engineering capabilities, an asset lifecycle software solution and digital specialization in order to create a fully formed digital twin to serve as a backbone for improving performance for the upstream sector.

The new solution will:

1. Bring new assets on stream faster through the use of cloud-enabled software that improves collaboration and increases engineering efficiencies
2. Deliver enhanced safety leading to better business outcomes
3. Improve traceability through a single point of accountability
4. Enable remote operations and production assurance through a fully functional Living Digital Twin that mirrors all aspects of the operating asset

Partnering to Create a Unique New Offering that Addresses Customer Challenges

Oil & Gas owner operators have struggled to go digital due to the lack of a structured offering and orchestration as no single vendor currently delivers what is required to achieve this. Large amounts of data of various types, from different sources is another challenge they face, often leading to data inaccuracy and incompatibility, as well as difficulties in organizing that data and identifying trends.

Similarly, the oil & gas sector is under considerable pressure to quantify, track and reduce CO2 emissions as well as reduce overall pollution – this can be even more difficult with limited monitoring, no established method and no data-driven decision making.

Together, DORIS, AVEVA and Schneider Electric will offer a structured digital and collaborative solution across the lifecycle of projects that will help oil & gas owner operators address many of these challenges.

Christophe Debouvry, CEO of DORIS Group, stated, “DORIS Group is excited to be strategically partnering with Schneider Electric and AVEVA in this unique venture which will allow us to accelerate the building out of our digital transformation strategy. Combining our complementary expertise will go a long way to providing a powerful enabler to offer our customers embarking on their digital transformational journeys with optimized solutions throughout their assets lifecycle.”

Craig Hayman, CEO AVEVA, also commented, “Leaders driving the next wave of transformation are moving quickly and that’s why this partnership with Schneider Electric and DORIS Group is so opportune. Our common aim is to support organizations on their digital journey especially in the current environment, helping them accelerate the use of digital technology, realize the value of a digital twin and also work towards a more sustainable future. It’s never been easier to begin a digital transformation program, as access to cloud computing, great connectivity, a merged edge and enterprise combined with analytics and machine learning, means that the ability to digitally drive productivity improvements into the industrial world is now unprecedented.”

Christopher Dartnell, President Oil & Gas and Petrochemicals at Schneider Electric, commented, “This partnership is in line with Schneider Electric’s objectives around Digitization and Energy Transition and we will bring our expertise in both energy and process efficiency to the industry. Our goal is to support customers looking to adopt a digital twin model, by offering our experience to facilitate the overall digital transformation for our clients enable them to improve lifecycle performance and safe operations while also making their operations more sustainable.”

About DORIS Group:

DORIS is a global Engineering and Project Management company in the energy industry headquartered in Paris, France. It has four main activities: Engineering Oil & Gas, Renewables, Asset Management and Technical Assistance. DORIS has 1,000 employees, present on every continent.  With an experience of 55 years and more than 100 world firsts, DORIS is the reference in engineering for the energy industry. For more details visit: www.dorisgroup.com

About Schneider Electric:

At Schneider, we believe access to energy and digital is a basic human right. We empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment.

We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.

We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate about our Meaningful Purpose, Inclusive and Empowered values. For more information, visit www.se.com.

About AVEVA:

AVEVA is a global leader in engineering and industrial software driving digital transformation across the entire asset and operations life cycle of capital-intensive industries. The company’s engineering, planning and operations, asset performance, and monitoring and control solutions deliver proven results to over 16,000 customers across the globe. Its customers are supported by the largest industrial software ecosystem, including 4,200 partners and 5,700 certified developers. AVEVA is headquartered in Cambridge, UK, with over 4,400 employees at 80 locations in over 40 countries.

LONDON, UK, Jul 21, 2020 – 3D Repo have begun working on a solution that will significantly improve remote working in the architecture, engineering, and construction (AEC) industry by replacing screen sharing with distant 3D navigation and could see ~million-times reduction in internet bandwidth and latency demands.

The innovative idea by 3D Repo, pioneers of cloud-based platform for building information modelling (BIM), comes after the recent lockdown uncovered new problems for remote working and BIM coordination.

Work on the project started 1 June, after recently winning funding from Innovate UK, the UK’s innovation agency, in a competition which aims to fast-track the development of innovations borne out of the coronavirus crisis whilst supporting cutting-edge UK start-ups. The competition is also part of a larger £40 million government investment to drive forward new technological advances.

Choppy audio and video while teleconferencing during lockdown has agitated many professionals who have found themselves working from home during the pandemic. Adding 3D rendering into the mix makes screen sharing in AEC virtually impossible.

Head of Construction at Innovate UK, Simon Hart, said: “3D Repo has quickly responded to new implications brought to light by the COVID-19 pandemic. Their innovative solution has the capacity to significantly improve the remote working experience for AEC professionals while at the same time speeding up the internet for everyone else.”

The new solution by 3D Repo will rely on remote 3D rendering and navigation sharing. Each user will be able to instantly become a presenter in 3D space with avatars denoting, in real-time, who is working on what at any given location. Instead of screen sharing, a domain-specific remote rendering solution based on the award-winning 3D Repo Digital Construction Platform in the cloud: https://3drepo.com will be used, with navigation updates exchanged in real-time.

Dr Jozef Dobos, Founder and CEO of 3D Repo said: “Heavy 3D models combined with screen sharing become unusable due to bandwidth and latency limitations specific to AEC. Thus, we came up with a unique technical solution that overcomes these limitations via remote 3D rendering and advanced caching to support real-time collaboration while removing the need for screen sharing altogether.”

The solution by 3D Repo is being made open source for the benefit of the entire construction industry in response to the COVID-19 pandemic. 3D Repo are currently looking for Beta testers to join the project and help with development scope and testing. People interested in joining the project are being encouraged to contact support@3drepo.com.

LAKE MARY, FL, USA, Jul 21, 2020 – FARO Technologies, Inc. (NASDAQ: FARO), the global leader for 3D measurement, imaging and realization solutions for 3D Metrology, AEC and Public Safety Analytics, today announced the release of the first fully integrated indoor mobile mapping solution: Focus Swift. Designed to accomplish large-area as-built capturing tasks with minimal time and effort, this lightweight and highly portable extension of FARO’s renowned Focus Laser Scanner delivers better data faster, enabling AEC industry professionals to balance between accuracy and efficiency.

As its name suggests, Swift is fast. Depending on accuracy requirements, the innovative device is capable of taking mobile scans of large complex areas up to 10 times faster than traditional static scans. Swift is powered by revolutionary FARO SCENE software that automatically processes data from the Focus and ScanPlan 2D mapper into accurate 3D point clouds. Users can also directly import these data sets into any CAD system to simplify their modeling plan with automated processes and optimize their scan to BIM workflow.

“In the mobile mapping space, there are handheld devices, wearable backpack products and bulky vehicle-bound systems,” said Oliver Buerkler, senior product manager at FARO. “Swift is the first lightweight, highly versatile alternative that delivers the best of all worlds to maximize efficiency.”

Swift’s intuitive easy-to-use functionality, simple push operation and continuous cable-free operation means operators can work faster and smarter, while delivering better quality scans that reduce on-scene processing time. The interface is compatible to run on any mobile device so users have real-time awareness of how much job has been completed. Swift is compact for transport with only two carry-on sized cases, and the carbon fiber tripod and three-wheeled vehicle can be easily folded for travel.

“We tested the new Swift and it’s a seamless union of advanced high-speed imaging technology, innovative cloud-based software and intuitive design,” said Mark Mitchell, VP of Technology, 4D Concepts. “In my view, this device has the potential to set the industry standard for affordable, high-precision indoor 3D scanning technology.”

For more information about FARO, visit www.faro.com.

MINNEAPOLIS, MN, USA and REHOVOT, Israel, Jul 21, 2020 – Stratasys Ltd. (Nasdaq: SSYS) will release financial results for the second quarter ended June 30, 2020 on Wednesday, August 5, 2020. The Company plans to hold the conference call to discuss its second quarter 2020 financial results on Wednesday, August 5, 2020 at 8:30 a.m. (ET).

The investor conference call will be available via live webcast on the Stratasys Web site at investors.stratasys.com; or directly at the following web address: https://78449.themediaframe.com/dataconf/productusers/ssys/mediaframe/39720/indexl.html

To participate by telephone, the U.S. toll-free number is 877-407-0619 and the international dial-in is +1-412-902-1012. Investors are advised to dial into the call at least ten minutes prior to the call to register. The webcast will be available for 6 months at investors.stratasys.com, or by accessing the above-provided web address.

About Stratasys

Stratasys (Nasdaq: SSYS) is a global leader in additive manufacturing or 3D printing technology and is the manufacturer of FDM, PolyJet, and stereolithography 3D printers. The company’s technologies are used to create prototypes, manufacturing tools, and production parts for industries, including aerospace, automotive, healthcare, consumer products and education. For more than 30 years, Stratasys products have helped manufacturers reduce product-development time, cost, and time-to-market, as well as reduce or eliminate tooling costs and improve product quality. The Stratasys 3D printing ecosystem of solutions and expertise includes 3D printers, materials, software, expert services, and on-demand parts production.

To learn more about Stratasys, visit www.stratasys.com, the Stratasys blog, Twitter, LinkedIn, or Facebook.