iOFFICE + SpaceIQ, a workplace and asset management software company, has announced a strategic investment by Autodesk.
The investment, which follows the recent combination of iOFFICE + SpaceIQ, will provide integrated solutions that give businesses the ability to analyze and optimize their real estate and mission-critical assets. Terms of the investment were not disclosed.
The pandemic has heightened focus on maximizing value and increasing efficiency of facilities, with executives reporting cost reduction as their top real estate priority in a recent survey by analyst firm Verdantix. However, occupancy and operations workflows are often fragmented, making it difficult to leverage data from siloed systems.
“Combining design, operational and performance data and workflows in a single platform to improve the comfort, safety and efficiency of building assets has never been more important,” says Nick Stefanidakis, general manager, Archibus, an iOFFICE + SpaceIQ product. “The strategic investment from Autodesk allows us to deliver the solutions organizations need to meet this demand.”
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The Archibus platform was one of Autodesk’s first developer partners, and this investment expands the combined capabilities to increase collaboration and scalability.
“Users of both Archibus and Autodesk products will see value in a tighter integration of BIM-based design and construction data with operations insights and workflows to optimize facility performance, comfort and sustainability,” Stefanidakis says. “Owners and occupiers can leverage these operational data to make better, more informed, design and construction choices.”
Autodesk has been a leader in BIM design, engineering, and construction solutions for nearly 30 years and recently brought BIM to the world of digital twins, including the launch of Autodesk Tandem and the acquisition of Innovyze. Autodesk views this investment as another strategic step in the company’s efforts to bring BIM, and digital twin technologies, to the full project lifecycle from design through operations and maintenance.
“BIM is at the core of Autodesk’s AEC business and serves as the foundation of the digital transformation now underway in the building industry from design through operations,” says Nicolas Mangon, vice president, architecture, engineering and construction industry strategy at Autodesk. “Owners and operators play an increasingly significant role in combatting climate change through improved building efficiency and creating flexible and resilient workplaces when working conditions suddenly change. Our investment in iOFFICE + SpaceIQ recognizes the importance of giving them the tools they need to meet these challenges.”
Autodesk and iOFFICE + SpaceIQ offer integrations between Autodesk Revit and AutoCAD and Archibus with plans for future integrations with the Autodesk Construction Cloud and Autodesk’s Forge platform. Customers, including global housing and construction provider Daiwa House, have already used the existing integration.
“Daiwa House has developed a strategy for creating and managing building data so that building owners can make more data-driven decisions while reducing the guesswork of operations and maintenance,” says Takaaki Miyauchi, senior manager, construction digital promotion department at Daiwa House. “Archibus and Autodesk’s BIM-related products have been at the center of our strategy to bring the project model and asset operations together. The investment Autodesk is making in iOFFICE + SpaceIQ will fully bring BIM to building operations, which is so important to the digital transformation of building operations and the future of the built world.”
