Nemetschek Group of Germany had a very successful year in 2021, where digitization of the AEC and M&E industries continued to accelerate, particularly in areas related to the construction and operations side of the AECO markets.
The Group has been delivering innovative software for the entire building lifecycle and leveraging open standards in the construction industry for almost 60 years.
Venture Capital & Expansion
The Nemetschek Group has begun venture capital investing in innovative startups in Europe and the United States, in addition to partnerships with research universities. The Group cooperates with the Technical University of Munich and its Venture Labs as a new sponsor.
Earlier in the year, the Group supported the disruptive construction technology startup Sablono in Germany, which Architosh covered in this story here. A similar investment in AI expert Reconstruct Inc. in the United States also happened, in addition to Norwegian deep-tech company Imerso.
This image is from Reconstruct Inc.’s AI-based technology solutions. The Group participated in a Series-B financing round. Jon Elliott, Chief Division Officer, Build & Construction Division and Member of the Executive Board of the Nemetschek Group, will join Reconstruct’s Board of Directors.
With these investments, Nemetschek is driving digitization and emerging technologies like AI (artificial intelligence) forward, in addition to advancing sustainability in the construction industry. In Germany, the Group also joined Madaster in 2021, a platform for more resource efficiency in the industry.
“However, our biggest focus in this challenging year has naturally been on the health and well-being of the people we work with. Already at the beginning of 2020, we switched our processes to pure digital collaboration making additional offerings for our nearly six million customers and more than 3,500 employees,” says Dr. Alex Kaufmann. “This has allowed us to strengthen the collaboration even further. A big thanks go to our brands for their flexibility and great commitment.”
Four Segments
The brands of the Nemetschek Group in the four segments Planning & Design, Build & Construct, Operate & Manage, and Media & Entertainment presented their solutions at numerous online events, but also again in person. “It was very nice to meet our customers and business partners personally again, at least at some of the events. Digital collaboration does work well but meeting face-to-face cannot be completely replaced and is still very important to us,” says Kaufmann.
The software solutions of the Nemetschek Group continue to garner industry accolades and new customers. The Group’s brands were honored again in the renowned Construction Computing Awards, and the company itself received numerous prizes, including the Axia Best Managed Company Award.
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