This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Tata Consulting Engineers Ltd. And Autodesk Announce Strategic Partnership To Bring Building Information Modeling (BIM) Solutions To The Building And Infrastructure Sectors

Stocks in this article: ADSK

Autodesk, Inc. (NASDAQ:ADSK), a world leader in 3D design, engineering, and entertainment software and Tata Consulting Engineers Ltd. (TCEL), India’s leading engineering consultant today announced a strategic partnership to deliver industry solution experiences to customers in plant, infrastructure, construction and building sectors. Tata Consulting Engineers has a well established presence in key industry sectors such as Infrastructure, Construction, Power, Steel Metals & Mining, Chemical, and Nuclear & Advanced Technologies for the past 51 years.

Tata Consulting Engineers will leverage Autodesk’s Building Information Modeling (BIM) Solutions offered by the Autodesk Building Design Suite, Infrastructure Design Suite and Plant Design Suite to bring business value to its global customers in Power, Infrastructure, Chemical, Process and Building sectors serving them in the key markets of Africa, Asia Pacific, Americas, Europe and India, through joint business development and engineering consultancy services. The adoption of BIM has seen significant increase worldwide in areas of building, infrastructure and construction management. According to 2012 McGraw Hill North America BIM SmartMarket Report, the percentage of companies using BIM jumped from 17% in 2007 to 71% in 2012 in North America. In the UK, BIM is a central theme in the government’s construction strategy designed to reduce carbon and costs as part of the overall economic development. In Singapore, BIM is an important component of public housing projects.

Commenting on the announcement, Mr. J.P. Haran, Managing Director, Tata Consulting Engineers Ltd, said, “ Tata Consulting Engineers is present in key industry sectors managing projects that are complex and large scale, especially in building, town planning and infrastructure. We are committed to providing responsible consulting solutions to our customers that are sustainable, smart and cost efficient. This partnership with Autodesk will help Tata Consulting Engineers add value by implementing BIM solutions in the building, infrastructure and plant solution space. Providing technology-enabled solutions also complements our larger strategic goals in spreading our business in the global markets.”

Mr. Pradeep Nair, Managing Director, Autodesk India & SAARC, said, Globally, one of the most significant technology trends today is the adoption of Building Information Modeling (BIM). BIM goes well beyond traditional CAD software that is popular in most developing countries. India’s 12th five-year Plan envisages infrastructure investments of $1 trillion. BIM will help us derive cost and time savings in such mega-projects, while ensuring sustainability. As the leading provider of BIM solutions we are delighted to partner with Tata Consulting Engineers to promote the adoption of BIM in India and other emerging markets.”

To read more about Building Information Modeling, visit Autodesk BIM.

About Autodesk

Autodesk helps people imagine, design and create a better world. Everyone—from design professionals, engineers and architects to digital artists, students and hobbyists—uses Autodesk software to unlock their creativity and solve important challenges. For more information visit  autodesk.com or follow @autodesk.

Autodesk, the Autodesk logo, 3ds Max, AutoCAD, Inventor, Maya and Revit are registered trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. Published with due consent from TCE. Autodesk is not liable for any personal opinion of TCE. © 2013 Autodesk, Inc. All rights reserved.

About TATA Consulting Engineers Limited

TATA Consulting Engineers Limited, a wholly-owned subsidiary of TATA Sons Ltd, is an integrated engineering consultancy solutions provider since the past 51 years. The company offers engineering services from concept to commissioning in key industry segments such as Power, Nuclear & Advanced Technologies, Chemical, Infrastructure, Steel Mining & Metals and Construction management. With over 7000 successful projects delivered to global clients, TATA Consulting Engineers has established a good presence pan-India, Middle East, Africa & the USA. TATA Consulting Engineers’ consultancy solutions include engineering consultancy services such as feasibility studies, pre-project reports and technical studies, design, engineering, detailed engineering, environment impact assessment, sustainability and green technology solutions; project management consultancy services include EPCM services, project management services, equipment management and commissioning support; construction management consultancy includes construction support and safety management services.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,814.94 -2.96 -0.02%
S&P 500 2,067.03 -2.38 -0.12%
NASDAQ 4,758.2520 +3.36 0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs