Investment strengthens capabilities for end-to-end digital management of 
building and asset operations, from design to decommissioning 

 iOFFICE + SpaceIQ, a leader in the digital transformation of workplace and 
asset management, today announced a strategic investment by Autodesk, a global 
technology leader spanning architecture, engineering, construction, product 
design, manufacturing, and media and entertainment. The investment, which 
follows the recent combination of iOFFICE + SpaceIQ, will provide integrated 
solutions that give businesses unequaled ability to analyze and optimize all 
aspects of their real estate and mission-critical assets. Terms of the 
investment were not disclosed.

The pandemic has heightened focus on maximizing value and increasing efficiency 
of facilities, with executives reporting cost reduction as their top real 
estate priority in a recent survey by analyst firm Verdantix. However, 
occupancy and operations workflows are often fragmented, making it difficult to 
leverage data from siloed systems. Autodesk's Building Information Modeling 
(BIM) expertise will help address these challenges by enabling comprehensive 
visibility needed to strategically plan and manage physical resources during 
operations.

"Combining design, operational and performance data and workflows in a single 
platform to improve the comfort, safety and efficiency of building assets has 
never been more important," said Nick Stefanidakis, General Manager, Archibus, 
an iOFFICE + SpaceIQ product. "The strategic investment from Autodesk allows us 
to deliver the solutions organizations need to meet this demand."

iOFFICE + SpaceIQ represent the industry's most comprehensive solutions 
portfolio for integrated workplace and enterprise asset management platforms. 
More than 10,000 customers worldwide leverage these tools to manage more than 2 
billion square feet of space valued at more than $64B. The company's platforms, 
including widely deployed IWMS Archibus, help 170,000-plus maintenance 
technicians respond to 1.3M work orders a month. The Archibus platform was one 
of Autodesk's first developer partners, and this investment expands the 
combined capabilities to increase collaboration and scalability.

"Users of both Archibus and Autodesk products will see value in a tighter 
integration of BIM-based design and construction data with operations insights 
and workflows to optimize facility performance, comfort and sustainability," 
Stefanidakis said. "Owners and occupiers can leverage these operational data to 
make better, more informed, design and construction choices."

Autodesk has been a globally recognized leader in BIM design, engineering, and 
construction solutions for nearly thirty years and recently brought BIM to the 
world of digital twins, including the launch of Autodesk Tandem(TM) and the 
acquisition of Innovyze(R). Autodesk views this investment as another strategic 
step in the company's efforts to bring BIM, and digital twin technologies, to 
the full project lifecycle from design through operations and maintenance. 

"BIM is at the core of Autodesk's AEC business and serves as the foundation of 
the digital transformation now underway in the building industry from design 
through operations," added Nicolas Mangon, Vice President, Architecture, 
Engineering and Construction Industry Strategy at Autodesk. "Owners and 
operators play an increasingly significant role in combatting climate change 
through improved building efficiency and creating flexible and resilient 
workplaces when working conditions suddenly change. Our investment in iOFFICE + 
SpaceIQ recognizes the importance of giving them the tools they need to meet 
these challenges."

Autodesk and iOFFICE + SpaceIQ currently offer integrations between Autodesk 
Revit (R) and AutoCAD(R) and Archibus with plans for future integrations with 
the Autodesk Construction Cloud(R) and Autodesk's Forge(R) platform. Customers, 
including global housing and construction provider Daiwa House, have already 
leveraged the existing integration to benefit their businesses.

"Daiwa House has developed a strategy for creating and managing building data 
so that building owners can make more data-driven decisions while reducing the 
guesswork of operations and maintenance," said Takaaki Miyauchi, Senior 
Manager, Construction Digital Promotion Department at Daiwa House. "Archibus 
and Autodesk's BIM-related products have been at the center of our strategy to 
bring the project model and asset operations together. The investment Autodesk 
is making in iOFFICE + SpaceIQ will fully bring BIM to building operations, 
which is so important to the digital transformation of building operations and 
the future of the built world."

Learn more about the partnership and how to leverage the joint solutions in the 
session "Managing Space, Assets, and Maintenance through BIM to FM" at the 
upcoming Autodesk University 2021 digital conference, and by visiting 
www.spaceiq.com. 

About iOFFICE + SpaceIQ

iOFFICE + SpaceIQ gives businesses the tools to connect their most valuable 
resources: people, places, and the equipment that supports them. Our 
comprehensive portfolio of workplace and asset management software solutions 
enables companies to make data-driven decisions and improve interactions with 
the built environment. Over 10,000 organizations in 85 countries use iOFFICE + 
SpaceIQ platforms to optimize their real estate, enhance workspace experience, 
and streamline maintenance. Explore the solutions at www.iofficecorp.com and 
www.spaceiq.com.

Autodesk, the Autodesk logo, AutoCAD, Autodesk Construction Cloud, Autodesk 
Forge, Innovyze, Revit, and Tandem are registered trademarks or trademarks of 
Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or 
other countries.

Source: iOFFICE + SpaceIQ