Sometimes acquisitions simply occur to increase the number of clients and marketshare for that particular technology provider. But, as of late, many of the acquisitions in the construction technology market, have been very strategic and aim at moving key business processes and overarching technology trends forward.
A big example is the BIM (building information modeling) to field initiative. Trimble, www.trimble.com, Sunnyvale, Calif., has been a big proponent of this through acquisitions that date back as far as 2006. Such acquisitions include Meridian Systems, QuickPen, Accubid Systems, Tekla, and most recently SketchUp, which enable Trimble to position its technology for BIM at the jobsite.
The technology company announced another agreement to acquire an enterprise software provider to transportation and logistics companies, including construction fleets. The company, TMW Systems Inc., www.tmwsystems.com, Beachwood, Ohio, provides a transportation software platform that allows fleets to manage core operations of transportation.
The technology from TMW Systems will be reported within Trimble’s Mobile Solutions segment. While this acquisition doesn’t exclusively target construction, it will still have a big impact on the industry.
Trimble’s T&L solutions, which currently integrate with TMW’s enterprise software, allow commercial vehicles and fleets to improve performance. Trimble provides the solutions to enable managers to make decisions about fleets based on data gathered from the vehicle.
Today, more construction companies are using connected technologies to better manage fleets of vehicles. Data gathered from on-board sensors can be shared with managers in the office, allowing for preventative maintenance, improved routing, combating theft, and other data-driven decisions.
Ron Konezny, general manager, Trimble T&L Division, says, “With more fleets deploying information-based solutions to improve business performance, the tight integration enabled by this transaction can offer a more comprehensive and seamless solution, enabling a continuous flow of information between customer, shipper, carrier, and driver.”
This is one area many construction companies are getting connected today—GPS and telematics on vehicles. Trimble is certainly in a position to assist in this area of business, as it provides position and location technology for fleet and asset management. While Trimble has been big in the hardware world for decades, recent acquisitions such as this are showing it is a player in the software arena as well.
Ultimately, Trimble acquisitions boil down to one simple theme: share data more effectively between the field and the office. Through the use of wireless technologies, Trimble is offering a number of solutions to ensure a tight coupling between the jobsite and the backoffice.
For construction companies, connecting the office with processes in the field is much needed. Trimble is looking to solve that by bringing a broad lineup of products all under one roof.
Interested in learning more about big trends in the world of connected devices as it relates to the construction industry? Don’t miss this year’s Keynote at the Technology Day event.