BIMobject starts strategic cooperation with Sigma Estimates

BIMobject, which offers a global cloud-based platform and marketplace for digital building and interior decoration products, starts a strategic cooperation with software developer Sigma Estimates. The software company develops cost calculation software and price databases for the construction industry. The cooperation means that platforms will be synchronized, linking both 3D data (models) and 5D data (costs).

For BIMobject's and Sigma Estimates’ end users, this initially means that digital construction products can be linked to cost calculation software after being inserted into CAD or BIM platforms. Ultimately, cost calculation will be faster and integrated into all stages of a design process.

The strategic cooperation between BIMobject and Sigma Estimates is a good example of how a digital ecosystem in the global construction industry is being created as more and more independent parties merge in the international BIM community. This means that parties open up for a variety of tools and services to connect to each other through open APIs and cloud services. In the long run, the usage of BIM and CAD software and standards are likely to be completely seamless.

Results of the cooperation will be showcased on November 13-15, 2018, at both companies’ stands at Autodesk University in Las Vegas. Many more examples of how the companies lead the construction industry's digitization will also be shown.

"Ecosystems of connected software are rapidly becoming one of the key developments in the BIM industry. The cooperation with Sigma Estimates clearly shows how our API can be used to create synergies with other platforms, and significantly improve the construction and design processes", says Stefan Larsson, CEO and founder of BIMobject.

For more information, please contact:
Stefan Hansson - CFO

Tel: +46 40 685 29 00

Email:info@bimobject.com

About BIMobject AB
BIMobject is a leading global IT company at the forefront of digitalisation of the construction industry. BIMobject offers a cloud-based platform, with over 1,000 manufacturers providing digital product information. Around the cloud-based platform, which currently has over 970,000 users, BIMobject offers a number of solutions aimed at property owners, construction companies and the trade sector. BIMobject, founded in 2011, operates in 20 countries and has over 200 employees. Revenue for 2017 amounted to SEK 84 million. BIMobject's shares are traded on Nasdaq First North under the ticker: BIM. BIMobject's Certified Advisor is FNCA Sweden AB.www.bimobject.com

This is an English version of an original Swedish press release communicated by BIMobject AB. In case of interpretation issues or possible differences between the different versions, the Swedish version shall apply. 

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BIMobject® Corporation, acknowledged by investors with a Global Red Herring 100 award, and a public company on Nasdaq Stockholm First North: ticker BIM. We are the world's largest and fastest growing digital content management system for BIM objects. Our unique solutions for manufacturers provide development, hosting, maintenance, syndication and publication of the digital replicas of manufactured products – BIM objects.

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