Autodesk completes acquisition of Pype

 Autodesk has announced the signing of a definitive agreement to acquire Pype. The acquisition will empower general contractors, subcontractors and owners to gain even more value from Autodesk Construction Cloud by automating critical construction workflows such as submittals and closeouts to increase productivity and mitigate project risk.

Pype’s suite of software reduces tedious manual entry and human error that can lead to rework, cost overruns and schedule delays on construction projects. The company’s technology leverages artificial intelligence and machine learning to automatically analyze and extract critical construction data such as project plans and specifications to be used throughout the project lifecycle. By automating these traditional manual workflows and converting real-time data into actionable insights, construction teams have the power to increase collaboration and project efficiency. Pype customers include top general contractors such as Barton Malow, JE Dunn, McCarthy, Mortenson and Skanska, among others. 

Andrew Anagnost, CEO of Autodesk, says, “I could not be more optimistic about the future of the building industry. Even in challenging times such as those we are currently facing, Autodesk remains focused on making the jobs of people who build easier. Pype’s robust machine learning capabilities will empower Autodesk customers to connect workflows across the building lifecycle in new ways and optimize their businesses for long-term resiliency.” 

Pype will integrate with Autodesk Construction Cloud for streamlined project management

Autodesk Construction Cloud, which brings together Assemble, BIM 360, BuildingConnected and PlanGrid, is a powerful portfolio of software and services comprised of advanced technology, the industry’s largest builder’s network and predictive insights. With Autodesk’s established design authoring tools, Autodesk Construction Cloud connects headquarters, office and field teams to increase collaboration and productivity.    

Following the acquisition, Autodesk plans to integrate Pype products with Autodesk Construction Cloud. Pype’s product suite includes:

·         AutoSpecs: Allows construction professionals to generate submittal logs in a matter of minutes

·         Closeout: Accelerates the construction closeout process via an easy-to-use, centralized dashboard and automated document collection

·         eBinder: Automatically converts hundreds of closeout documents into a fully indexed, hyperlinked and searchable turnover file

·         SmartPlans: Extracts submittals, product schedules, and contract compliance requirements from drawings

  Sunil Dorairajan, CEO and co-founder of Pype, says, “We’re incredibly proud of the rapid growth Pype has experienced since its founding in 2013. We’ve launched four widely adopted solutions to-date, each rooted in our ongoing mission to automate manual construction workflows for increased productivity and reduced risk. Now as part of Autodesk, we look forward to expanding these automated capabilities to ensure construction teams efficiently progress through projects, from design to closeout.”