Trimble has acquired US-based construction software firm Ryvit for an undisclosed sum.
Launched in 2016, Ryvit is an integration platform-as-a-service (iPaaS) provider for the construction industry.
Ryvit’s technology builds connections between commonly used applications and data sources, allowing information sharing both within and across organisations.
Pete Large, senior vice president, Trimble Construction sector, explains: “The construction industry today is stymied by disparate data and technology solutions that don’t connect with one another, making it difficult to share information across departments and amongst project teams.
“Ryvit provides a platform for software solution providers and construction stakeholders to rapidly build and deploy workflows, enabling the automatic flow of critical information across organisations and teams in real time.
“At Trimble, we believe that openness and interoperability are imperative to the future of the construction industry and are excited to extend Ryvit’s capabilities to more customers, applications and partners as we move the construction industry forward.”
READ: Standardising data is the first step to efficient workflows in construction
All current Ryvit integrations allow for an open, extensible ecosystem. They will continue to be supported as part of Trimble Construction One. Rybit’s primary offerings will undergo a rebrand to Data Xchange and App Xchange.
Data Xchange will allow end users to configure and manage their data flows between connected systems. App Xchange serves as the developer’s command centre for connecting systems, building pre-configured dataflows and onboarding new customers.
Tom Stemm, chief executive officer of Ryvit, commented: “Ryvit has been relentlessly focused on transforming the construction industry into a more productive and profitable industry powered by data.
“Over the past seven years, we’ve done this by building a platform that connects data between some of the industry’s largest technology providers to improve efficiency and streamline workflows for construction.
“Trimble is similarly focused on becoming an industry-leading open platform provider, so this acquisition is a perfect match for both companies, who share a similar mission and vision for the industries we serve.”
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