flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

Satellier, Potential + Semac close investment deal

Satellier, Potential + Semac close investment deal

Top international CAD and BIM outsourced services provider announces strategic partnership with leading India-based engineering firm, expanding global services, markets


September 22, 2010

New Delhi, India (September 21, 2010) -- Satellier, a world leader in providing CAD and Building Information Modeling (BIM) outsourced services to the architecture, engineering and construction industry, announces a strategic minority investment from India-based top engineering firm Potential + Semac, ushering in the next evolution of the global architecture support industry.
“We’re recognizing a paradigm shift in the building industry worldwide, as public and private infrastructure investment is returning, stimulating latent demand for projects executed in BIM at more competitive rates,” says Satellier Founder and Executive Chairman Michael Jansen.  “By coupling Satellier’s core BIM expertise with Potential + Semac’s cross-discipline engineering expertise, we will meet this demand and provide comprehensive higher value-added services worldwide. Now we can do it all, and we can do it everywhere. ”
The strategic partnership will enable Satellier to provide its clientele, which includes 20 of the top 40 architecture, engineering, and construction firms in the world, with a wider menu of services. Building on its historical core focus of technology-enabled architecture design and production support in the United States, Europe, and Australia, Satellier will now be able to provide this new expertise in integrated Architecture/SMEPF services across all major markets.
“We welcome the addition of Potential + Semac to the Satellier global family and look forward to collaborating with their team in India and the Middle East to provide “best in class” end-to-end services worldwide,” says Satellier CEO Darren Rizza (former CIO at Skidmore, Owings, and Merrill LLP).  “We are poised and ready to partner with all segments of the global AECO community, increasing our depth of involvement in India-based projects and collaborating with our design firm clients worldwide to execute their projects according to the world class standards they have come to expect from Satellier.”
A 700-person full-service professional Structural, Mechanical, Electrical, Plumbing, Fire Fighting, Energy Audit (SMEPF) engineering firm with offices throughout India and the Middle East, Potential + Semac has executed projects in excess of five billion square feet for major hoteliers, developers, multinational corporations, and healthcare institutions in the South Asian region.
“As global players in the AEC industry, we are pleased to be partnering with Satellier to respond to the growing need for expertise in this area,” says Potential + Semac Executive Chairman Abhishek Dalmia.  “Our combined strengths will allow us to offer fully-integrated architecture and engineering support solutions, providing clients with the services and knowledge required to ensure successful projects at increasingly competitive price points.”


About Satellier
Backed by Sequoia Capital, Satellier is the world's leading CAD and BIM production and solutions provider to AECO firms, real estate companies, and building owners. Having completed project documentation for over 5,000 projects across more than 50 countries for half of the world’s top AEC firms, Satellier is the “Firm of Choice” in the AECO industry and has been featured on CNN, CNBC, and myriads of business, technology, and AEC publications worldwide. Satellier serves markets all over the globe through its offices in New Delhi, London, Dubai, Sydney, and Chicago.
www.satellier.com


About Potential + Semac
Potential + Semac Consultants is one of the oldest and largest engineering design firms in India, having executed five billion square feet of projects over its 40-year tenure. With 700 employees throughout India and the Middle East, Potential + Semac provides end-to-end engineering design services for industrial and commercial developments, including Structure, MEP, HVAC, IT Networking, and Energy Audit.  With a clientele of global industry leaders, Potential + Semac partners with 17 of the top 25 Indian developers, 34 of the top 50 Indian companies, and major Multinational Corporations including GE, IBM, Google, Toyota, JW Marriott, Hilton, Coca Cola, Nestle, and Volkswagen, among others.
www.potentialsemac.com

Related Stories

Multifamily Housing | Apr 12, 2024

Habitat starts leasing Cassidy on Canal, a new luxury rental high-rise in Chicago

New 33-story Class A rental tower, designed by SCB, will offer 343 rental units. 

Student Housing | Apr 12, 2024

Construction begins on Auburn University’s new first-year residence hall

The new first-year residence hall along Auburn University's Haley Concourse.

K-12 Schools | Apr 11, 2024

Eric Dinges named CEO of PBK

Eric Dinges named CEO of PBK Architects, Houston.

Construction Costs | Apr 11, 2024

Construction materials prices increase 0.4% in March 2024

Construction input prices increased 0.4% in March compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.4% for the month.

Healthcare Facilities | Apr 11, 2024

The just cause in behavioral health design: Make it right

NAC Architecture shares strategies for approaching behavioral health design collaboratively and thoughtfully, rather than simply applying a set of blanket rules.

K-12 Schools | Apr 10, 2024

A San Antonio school will provide early childhood education to a traditionally under-resourced region

In San Antonio, Pre-K 4 SA, which provides preschool for 3- and 4-year-olds, and HOLT Group, which owns industrial and other companies, recently broke ground on an early childhood education: the South Education Center.

University Buildings | Apr 10, 2024

Columbia University to begin construction on New York City’s first all-electric academic research building

Columbia University will soon begin construction on New York City’s first all-electric academic research building. Designed by Kohn Pedersen Fox (KPF), the 80,700-sf building for the university’s Vagelos College of Physicians and Surgeons will provide eight floors of biomedical research and lab facilities as well as symposium and community engagement spaces. 

K-12 Schools | Apr 10, 2024

Surprise, surprise: Students excel in modernized K-12 school buildings

Too many of the nation’s school districts are having to make it work with less-than-ideal educational facilities. But at what cost to student performance and staff satisfaction? 

Industrial Facilities | Apr 9, 2024

Confessions of a cold storage architect

Designing energy-efficient cold storage facilities that keep food safe and look beautiful takes special knowledge.

Cultural Facilities | Apr 8, 2024

Multipurpose sports facility will be first completed building at Obama Presidential Center

When it opens in late 2025, the Home Court will be the first completed space on the Obama Presidential Center campus in Chicago. Located on the southwest corner of the 19.3-acre Obama Presidential Center in Jackson Park, the Home Court will be the largest gathering space on the campus. Renderings recently have been released of the 45,000-sf multipurpose sports facility and events space designed by Moody Nolan.

boombox1 - default
boombox2 -
native1 -

More In Category



AEC Tech

Lack of organizational readiness is biggest hurdle to artificial intelligence adoption

Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI. 


Codes and Standards

Updated document details methods of testing fenestration for exterior walls

The Fenestration and Glazing Industry Alliance (FGIA) updated a document serving a recommended practice for determining test methodology for laboratory and field testing of exterior wall systems. The document pertains to products covered by an AAMA standard such as curtain walls, storefronts, window walls, and sloped glazing. AAMA 501-24, Methods of Test for Exterior Walls was last updated in 2015. 

halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021