RIB Australia to Be Represented at iTWO World 2019

RIB Australia to Be Represented at iTWO World 2019

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NOTE: On September 10, a decision was made to postpone iTWO World until 2020.

The 7th edition of the premier global construction and real estate digitalisation event is fast approaching. iTWO World 2019 will be held at the Grand Hyatt Hong Kong from November 13-14, and representatives from our local team are looking forward to making the trip.

The 2019 event marks a century since the founding of the revolutionary Bauhaus movement, which moulded the future of architecture by combining artistic impulse with functional design. Bauhaus was a defining step in our current built environment, and in 2019 we find ourselves poised on the brink of a new revolution in construction. By combining the power of 5G, artificial intelligence, cloud computing and mobile technologies in a vertical environment, enterprises can transform their processes and enhance their profitability going forward.

iTWO World will bring together more than 500 experts and enterprise executives from over 30 countries across the globe. Attendees will be able to connect with eminent industry visionaries and learn about digital transformation success stories from across the industry. Hands-on demonstrations of the latest iTWO technologies will be available to attendees at the Grand Hyatt in Hong Kong.   

Those wanting to make the trip to the Grand Hyatt can follow this link to register for the event.

In other trade show news, our local team recently represented iTWOcx at the Western Sydney Aerotropolis Summit, which was held at the Mercure Sydney on August 19-20. It was the third edition of the event, which once again attracted hundreds of industry and government professionals eager to discuss the economic potential of the planned Nancy-Bird Walton Airport.

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It was a great opportunity to connect with professionals interested in the latest advantages in project management. We also held a lucky prize draw for those who visited the iTWOcx team, and Paul Heddle from Channell Commercial won a full day of iTWOcx Consulting with our executive team.

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If you’d like to learn more about the scope of RIB’s ultimate web-based collaboration and management solution, why not reach out to our team today? You can make an enquiry using our online contact page or give our team a call on 1300 653 420 for Australia or 0800 003 265 for New Zealand.

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Release Notes: Tenders, Search on Lists and More

Release Notes: Tenders, Search on Lists and More

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The iTWOcx Product Team are delighted to announce our first major release of 2019. This release includes significant improvements to our Tenders module, in addition to several key additions to our core platform.

This is an optional upgrade at present, but the changes will be automatically rolled out across all existing projects within the next two months. Your team can request access to these features now by contacting our Support team on 1300 653 420.

Below are some of the most notable features available in this release. For a complete list of Release Notes, please follow this link.


Tenders

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The Tenders Module has been upgraded in many areas to support the growing needs of our clients. Key improvements include:

  • Integrated Pre-Package Approval Processes

  • The Ability to Define Returnable Schedules

  • Addition of Bid Evaluation Reports

  • The Ability to Shortlist and Request for a Best and Final Offer


Integrated Approval Processes for Package Creation


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iTWOcx users will be able to customise their procurement strategy to include an Approval Process prior to package creation, in a new feature built directly into the Tenders module. Users can now leverage highly collaborative form workflows and link directly with financials and the Tenders database to support Level of Authority (LOA) requirements.

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Define Returnable Schedules

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This release allows users to request that bidders complete a Defined Returnable Schedule (Price Submissions, Schedule of Rates and Scope of Works). These sections can be filled out during package creation, and iTWOcx project managers can now make completed schedules a prerequisite for bidders looking to submit.

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Bid Evaluation Reports

Our latest release gives users the power to compare bids against internally defined schedules, as well as process post-contract changes directly during the bid evaluation process.

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Shortlisting Bidders

iTWOcx now supports the shortlisting of bidders, and grants users the ability to ask for a Best and Final offer. Once you are happy with the offer made, simply issue the contract directly to your chosen bidder when awarding the package.

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Publication Space

Improved Options for Workflow Administration

Workflow administrators are now able to delegate tasks, as well as skip workflow steps as they see fit.

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Print Revisions

Our improved print tool makes it easy to download design issues and layers as a PDF file when required.

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Core Product Improvements

Search on Lists

With this release, iTWOcx users are able to search on the list control. You can add columns from the list to your search results, apply inline edits or even create saved searches for future use.

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Coordinate User Fields

This feature allows for the capture of GPS coordinates during form creation within the iTWOcx mobile app.

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The features above do not cover the full scope of improvements and refinements made available with this release.

For a complete list of Release Notes, please follow this link.

For more details about accessing this upgrade for your team, give our Support team a call on 1300 653 420.

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Rise of the Vertical Cloud: The Value of Purpose-Built Online Infrastructure for Construction

Rise of the Vertical Cloud: The Value of Purpose-Built Online Infrastructure for Construction

In an industry that has been largely resistant to transformative change, we are now starting to see the needle move in construction. The need for improved productivity is clear for all to see, and major enterprises are turning towards integrated cloud solutions due to cost and efficiency benefits.

One industry term that is often heard but rarely understood is the vertical cloud. For our latest blog post, we have detailed the function of vertical cloud solutions and explained why the innovation is driving a better-connected construction industry.

What Is the Vertical Cloud?

In simple terms, a vertical cloud environment is optimised or built around the specific needs of an industry. Cloud technology has matured to the point where robust, tailored solutions are now readily available for different sized enterprises.

Standard or horizontal cloud platforms are used to support common office applications, products and services, but there are certain industries where a standard cloud computing structure is not optimal. For example, industries such as finance and healthcare have particularly stringent requirements when it comes to handling confidential data and preventing unauthorised access.

Specific regulations and compliance measures are enforced, so cloud service providers in these industries need to manage this data in a specific way. Other industries such as utilities and even government have similar requirements.  Vertical cloud solutions allow service providers to host applications and analytics that are of specific relevance to the customer, with aspects such as regulatory environments and security catered for. Because providers have a clear picture of the customers’ unique requirements, they can collaborate with their customers to create an online environment that ticks every box.

Suitable for a Fast-Moving Industry

With digital technologies such as 5D BIM, big data and artificial intelligence (AI) being rapidly adopted in construction, the need for a flexible online infrastructure for major enterprises is plain to see.    

When it comes to implementation of new technologies, the vertical cloud is far more flexible than horizontal configurations. In the past, industry-specific capabilities were layered on top of generic cloud infrastructure – the downside of this was the need for extensive reprogramming when upgrades were required. Cloud computing is built around immediate access to real-time information, so such downtimes could prove disruptive. You are less likely to encounter unexpected problems with a vertical cloud subscription service for this reason.

Suitable cloud support is integral to a digitised construction industry. Our industry combines the work of architects, engineers, developers, owners and numerous other stakeholders, and real-time collaboration is vital for the health of this ecosystem.

A vertical construction cloud platform may integrate a variety of solutions; everything from model management and quantity takeoff to site scheduling, data analytics and procurement can be managed on a single platform. Project managers using a vertical cloud can access tools that assist with various stages of a project lifecycle. With this power at their disposal, the inefficiencies that plague a project can be effectively uncovered and rectified.

Experience MTWO, the World's Number 1 Vertical Cloud for Construction

RIB launched a game-changing vertical cloud solution for the global construction industry in April 2018.

MTWO represents a significant step forward for our industry, integrating more than 100 modules in a vertical cloud enterprise solution. MTWO combines RIB iTWO 5D BIM technology in a Microsoft Azure environment, allowing developers, contractors and owners to transform their processes.

Built to support real-time collaboration and drive efficiency, the end-to-end MTWO platform serves as an ideal platform for an evolving industry. To learn more about the vertical cloud solution, feel free to check out our recent blog post on the subject or reach out to our local team today


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A Closer Look at MTWO: How Our Vertical Cloud Solution Works Across Multiple Project Levels

A Closer Look at MTWO: How Our Vertical Cloud Solution Works Across Multiple Project Levels

Major project management is a complex proposition for all parties involved, especially if they don’t have the right tools at their disposal. Fortunately, enterprise solutions that drive improved collaboration and efficiency across different project levels are now available.

In 2018, RIB and Microsoft joined forces to deliver MTWO, the world’s #1 vertical cloud solution for construction and real estate industries. With more than 100 integrated modules available in a cloud-based system, MTWO redefines what is possible in project management.

For our latest blog post, we have explained how contractors, developers and owners can all take advantage of MTWO for improved project outcomes.

Efficient Communication Among Contractors

Real-time project control is a valuable advent for project contracting. Contractors subscribed to MTWO have access to the advanced Mobile Control Tower, which aggregates and graphically displays project KPIs based on real-time data. Knowing exactly where you stand with regard to set goals is a valuable tool for assigning work and generally staying on track.

When it comes to managing day-to-day tasks and responsibilities, MTWO's enterprise management capability ensures that all parties have access to the right information to fulfil their role. The Scheduling module is one of many other functionalities that contractors can take advantage of; it allows contractors to structure a plan-of-action for themselves or their team, with a range of graphics available to accurately measure progress.

Improved Collaboration and Data Analytics for Developers

For developers, having all project stakeholders working together on a single platform is helpful for collaboration. Developers are required to liaise quickly and effectively with a number of stakeholders, from contractors through to suppliers. MTWO’s vertical cloud solution enables real-time collaboration between all involved parties over an entire project lifecycle. The days of missed emails and communication oversights causing avoidable delays are behind us with advanced collaborative platforms. Developers utilising MTWO can expect to reduce change orders and rework, eliminate unnecessary delays in communication and enhance productivity.

As for managing ROI, developers have many powerful modules at their disposal within MTWO. Subscribers have access to a wealth of 5D BIM construction and capital simulations throughout a project lifecycle, several of which can even be utilised in the planning phase. For those who are unaware, 5D BIM refers to the connection of a 3D BIM design with time and cost considerations. This additional data allows developers to optimise their project by comparing multiple 5D project scenarios.

Cost Control and Management Benefits for Owners

Project owners are increasingly turning toward cloud solutions and subscription-based platforms to cut hardware and IT costs. There is comfort in knowing exactly how much of a budget can be allocated to project management technology, and MTWO integrates all necessary modules in a single program. MTWO represents a scalable solution for owners looking to avoid wasted expenditure, with options available to suit a range of project sizes.

Another primary cost consideration that owners need to be proactive on is supply chain management. MTWO supports owners from a project cost perspective by enabling built-to-order production based on demand. Our powerful platform means specific procurement plans can be arranged earlier than was previously possible; accurate quantities and delivery plans can be locked in based upon virtual construction. Logistically, this can make the construction phase of a build progress much more smoothly.

MTWO empowers project owners to strive for just-in-time production and delivery, so as to avoid unnecessary costs due to inventory and storage. This means owners can be more confident that their planned budget will not be exceeded due to avoidable oversights and last-minute changes.   

To learn more about how an MTWO subscription can streamline your entire project management process, feel free to reach out to our Sydney team on (02) 9420 8266 or contact us online.

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