Vico Software Announces Expansion in India with Mansycom
New Reseller Will Support Vico Office Sales in India
Boulder, CO – June 26, 2012 – Vico Software, the leader in 5D Virtual Construction™, is pleased to announce a new partnership with Mansycom Consultants Pvt. Ltd., who will introduce Vico’s integrated 5D BIM solutions to the Indian market.
Currently, India’s construction market is pegged at $140 billion based on cost of construction put in place. Forecasts for the market indicate unprecedented growth to $620 billion by 2020, or 11% of GDP.* These projections put India as the third-largest construction market, after China and the US. As the Indian economy continues to expand, there is an immediate need for infrastructure, housing, healthcare and educational facilities, retail, and hospitality. Whether sponsored by government bonds, public-private partnerships, or private investment, these new projects are being fast-tracked and mandates are being issued to include the very latest building technologies.
There are several initiatives that support the growth of building technologies, such as 5D BIM, throughout the construction industry:
- ~ The Construction Industry Development Council (CIDC) is working to standardize construction contracts to include clauses for the use of technology;
- ~ The Indian Green Building Council (IGBC) encourages technologies which can quickly calculate the costs of materials and labor for green buildings versus standard buildings;
- ~ Leading public sector organizations have started stipulating the use of BIM in their RFPs for engineering and construction contracts;
- ~ Private sector construction and consulting organizations are adopting BIM to provide long term competitive advantage for their companies.
“It is essential to incorporate the latest BIM technologies into our country’s construction practices,” stated Suresh K. Gupta, President and Director of Mansycom Consultants. “Vico Office delivers real-time integration between the 3D model geometry and the construction quantities, which drive the 4D schedule and 5D estimate. For a construction manager, this is a quantum leap from drawings and digitizers – it’s a dream come true. We are proud to represent Vico Software because we believe in their vision of integrated construction management.”
The 5D BIM Workflow in Vico Office starts with clash detection and constructability analysis, construction-caliber quantity takeoff, location breakdown structure, cost planning and target cost tracking, plus planning, schedule optimization, and schedule animations for communicating with the Owners and Subs. Vico Office works with Revit, Tekla, and ArchiCAD models, as well as CAD-Duct, SketchUp, 3D DWG, and IFC imports. In addition, there is a full reporting engine to capture the intellectual property contained in the database structure. But this integrated construction management doesn’t stay in the office; it goes out to the trailer with production control capabilities for the superintendents and crews. And all project stakeholders can immediately see what happens when a change is made to the design of the building – how it impacts the schedule and how it impacts the budget.
“Virtual Construction with Vico Office can dramatically improve the way construction projects are delivered. We have witnessed this first-hand with customers in over thirty countries,” stated Donald Henrich, Vico Software Co-Founder and Executive Vice President. “Because the Indian market is so broad and diverse, we knew we needed a partner who is committed in three areas: market education, technology advocacy, and expert consulting services for change management. We are very impressed with Mansycom’s commitment in these areas and their command of BIM technologies. We look forward to many new achievements and successes together.”
For more information, please watch the short video, 5D BIM for Dummies. If you are a construction firm or Owner in India, you are invited to try Vico Office in our Structured Evaluation Program.
* Source: The Economic Times, "India to be $5.6 Trillion Economy by 2020: Dun & Bradstreet," August 17, 2011.
About Mansycom Consultants Pvt. Ltd.
Mansycom Consultants Pvt. Ltd. is a Group company of Yash Birla Group. The Mansycom team is made up of highly qualified construction professionals well-equipped to deliver a wide spectrum of BIM solutions. Leveraging best-in-class BIM software and methodologies, AEC companies trust Mansycom with their BIM initiatives, training, and support. Mansycom Consultants’ clientele includes leading real estate and construction companies like L&T Ltd, Godrej Properties, Ambuja Realty, Panchshil Group, Indiabulls Real Estate, Unitech, Omaxe, Neelam Hotels, Nish Developers, Vatika Group, RITES Ltd, NBCC Ltd, CPWD, etc.
About Vico Office
Vico Office is the first purpose-built construction management software that allows users to “plug in” the BIM authoring application of their choice and then perform a constructability analysis, location-based quantity takeoff, a model-based schedule, model-based estimate, and on-site production control, all in an integrated workflow.
About Vico Software
Vico Software, Inc. provides software and services to the commercial construction industry. Building owners, general contractors, and construction managers use our software and our services to reduce risk, manage costs, and optimize schedules on complex building projects. Vico's 5D Virtual Construction solutions pioneered the category of BIM for Construction, and they remain the industry's most integrated approach to coordination, quantity takeoff, cost estimation, project scheduling, and production control. The new Vico Office product suite continues this tradition making it possible to leverage many important BIM file formats such as ArchiCAD, Revit, Tekla, CAD-Duct, IFC, 3D DWG, and even SketchUp. The benefits of our solutions and services have been proven on hundreds of building projects to date, in over 30 countries, totaling more than $72 billion in construction worldwide.
For More Information, please contact:
Suresh K. Gupta
Mansycom Consultants Pvt Ltd, India
Tel 1: +91-98101-55484
Tel 2: +91-120-4750-800
Vice President of Marketing for Vico Software
Tel: +1-978-882-0170 x118 (eastern)