Trimble acquires Vico assets, extends design-build-operate capabilities
Software to add 5D management to Trimble’s Solutions for vertical construction contractors.
Trimble acquired the assets of privately-held Vico Software, Inc. (Vico), a 5D virtual construction software and consulting services firm. The asset acquisition extends Trimble's solutions for building construction and provides a platform to connect the information flow across the design-build-operate (DBO) lifecycle to improve cost management and optimize scheduling on complex building construction projects. Financial terms were not disclosed.
5D is a progressive step of the Building Information Modeling (BIM) process that provides a richer data context to 3D BIM. 5D intelligently links individual 3D model components with time and cost-related information, enabling project owners and Architecture, Engineering and Construction (AEC) service providers to visualize the progression of construction activities and the related costs over time. This BIM-centric project management methodology connects cost, scope and schedule within a visual environment to provide contractors with the ability to proactively resolve issues and streamline project delivery.
The Vico Software business will be reported in Trimble's Engineering and Construction Segment. +