Tuesday, October 6, 2020

Bentley Systems Announces the Acquisition of NoteVault - Provider of Voice-Based Field Automation


Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today announced the acquisition of NoteVault, a San Diego-based provider of voice-based field automation for construction management. The acquisition expands Bentley’s SYNCHRO digital construction environment with industry-leading mobile field applications to track and manage labor, materials, and equipment. Together, these comprehensive offerings further extend the value of digital twins across construction management, enabling projects to combine immersive 4D models of the construction progress with detailed up-to-date reports on resource expenditures, enabling more effective management of cost, schedule, and risk, leading to better project outcomes.

NoteVault’s reporting automation solutions are used widely by both large and small construction companies across the global ENR Top 400 Contractors. Designed to simplify and accelerate job site information collection, NoteVault’s SaaS solution is deployed via mobile devices, uniquely offering natural language automated speech-to-text, augmented with automated machine learning, and human transcription to ensure accuracy. Because NoteVault has been engineered specifically for construction site mobile field reporting, it recognizes construction-specific language for accurate transcription, and enables automated translation so non-native English speakers can submit daily reports more easily using their native language. With NoteVault on their mobile devices, construction professionals can help synchronize status reporting effortlessly while saving time and money, reducing the risk of contractual disputes.

“Digital twins continue to transform the way projects are delivered and operated. Inherent in every digital twin is a stream of continuously updated data, and for construction, automating the semantic interpretation of field reports can now be one of the richest sources of live project information. With the addition of NoteVault’s market-leading resource tracking capabilities, the SYNCHRO 4D construction environment delivers the most comprehensive construction digital twin solution available. We are excited to continue advancing the scope of construction digital twins,” said Dustin Parkman, vice president, project delivery, Bentley Systems.

Peter Lasensky, CEO, NoteVault, added, “Bentley’s vision for transforming construction through digital twins is the perfect vehicle to expand the reach and impact of our innovative voice-based field automation solutions. Updating 4D construction models through insights gleaned from our software for field-captured reporting fully extends the power of voice and positioning technologies together. Combining NoteVault and SYNCHRO is a natural next step in our overall mission, with Bentley, to drive greater efficiencies in construction.”

No comments:

Post a Comment

Thanks for posting your comments. Do continue to visit
http://blogspot.siliconvillage.net for more news, features and interviews in business, technology, gadgets related areas.