- Autodesk, Inc. (NASDAQ:ADSK) and Aurigo Software announced an alliance for developing the most comprehensive set of cloud-based solutions for public and private owners
Autodesk, Inc. (NASDAQ:ADSK) and Aurigo Software announced an alliance to develop the most comprehensive set of cloud-based solutions for public and private owners. Aurigo will be integrated with Autodesk Construction Cloud, which is a portfolio of construction management software and services.
Soon this will give owners a single end-to-end technology platform for design, planning, construction and operations of infrastructure and private assets. And as part of the alliance, Autodesk will acquire a minority stake in privately-held Aurigo.
Aurigo is known for helping the world build modern, efficient, and reliable infrastructure with a comprehensive suite of capital planning and project management technology products.
And Aurigo’s customers provide the roads, bridges, airports and water facilities vital to the economy and local communities. Aurigo is one of the fastest-growing in the construction technology sector with year-over-year revenue growth in 2019 of approximately 80%. The company’s flagship product Aurigo Masterworks is used by owners across North America to plan and deliver over $300 billion in capital programs.
Today, there are over 40,000 projects across North America that use Aurigo products, including many of the most extensive infrastructure programs underway such as with Departments of Transportation in Massachusetts, Nevada, Iowa, Utah, Ontario Ministry of Transportation, the City of Las Vegas and the City of Houston’s Public Works department —- which is the largest public works organization in the United States.
Key Quotes:
“The present climate of uncertainty and risk further increases the need for owners and contractors to leverage modern cloud software to plan, construct and maintain infrastructure assets that are considered absolutely essential to the nation. Autodesk and Aurigo have very synergistic products, and our strategic alliance will allow us to deliver a full digital lifecycle experience for owners and contractors.”
-Balaji Sreenivasan, CEO and founder of Aurigo Software
“Autodesk and Aurigo share the same confidence in the resiliency of the construction industry and our optimism for a full recovery. When the industry gets back to building again, infrastructure asset owners and private developers will have in their toolboxes the most sophisticated, integrated platform to meet their design, procurement, construction and operating needs.”
-Andrew Anagnost, president and CEO of Autodesk
“Difficult economic environments and labor shortages consistently prove the need to optimize the building process for the future. This collaboration not only redefines the construction software landscape for both infrastructure management and private development, it empowers project owners and the construction industry at-large to come back stronger and increase productivity.”
Jim Lynch, vice president and general manager for Autodesk Construction Solutions
