Trimble has acquired Ryvit, an integration Platform-as-a-Service (iPaaS) provider that builds connections between commonly used applications and data sources.
The move will enable information sharing both within and across organizations so that project teams can use the right information to make the right decisions at the right time, according to the company.
“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,” said Pete Large, SVP, Trimble Construction sector, in a statement. “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.”
Ryvit provides integrations that process millions of data records daily between different construction technology partners, according to the company. All current 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 undergoing a rebrand to Data Xchange and App Xchange.
Data Xchange represents the contractor tools that allow end users to configure and manage their data flows between connected systems. App Xchange serves as the developer’s command center for connecting systems, building pre-configured dataflows, and onboarding new customers.
“Ryvit has been relentlessly focused on transforming the construction industry into a more productive and profitable industry powered by data,” said Tom Stemm, CEO of Ryvit, in a statement. “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.”
Source: Trimble
