Trimble expands construction management platform capabilities with Ryvit acquisition
Trimble has acquired Ryvit, an integration Platform-as-a-Service (iPaaS) provider for the construction industry. Launched in 2016, Ryvit enables information sharing within and across organizations so that teams can make the proper decisions at the right time.
"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," says Pete Large, senior vice president of Trimble Construction sector. "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 organizations 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."
Ryvit helps users integrate their data and coordinate their workflows for greater project visibility by processing millions of data records between different construction partners. All Ryvit integrations are valuable components to an open, extensible ecosystem. These integrations will continue to be supported as part of Trimble Construction One, with the primary offerings from Ryvit rebranding to Data Xchange and App Xchange. Data Xchange represents the contractor tools that allow contractors 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 users.
"Ryvit has been relentlessly focused on transforming the construction industry into a more productive and profitable industry powered by data," says Tom Stemm, chief executive officer of Ryvit. "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."
Ryvit expands the capabilities of Trimble Construction One, a connected, cloud-based construction management platform. Using Trimble Construction One, contractors can utilize a platform that provides real-time visibility of project status and cash flow, leading to more confident project delivery overall.
"Trimble Construction One is built on the notion that connected, unified data is the future because it enables the industry to build projects better, faster, safer, cheaper and greener," says Large. "The addition of Ryvit accelerates this notion even further by providing capabilities that will be supplied, supported, and expanded upon more quickly given the collective strength of both organizations."
