Autodesk (ADSK) Acquires Datum360

Autodesk (NASDAQ: ADSK):

• Autodesk acquires Datum360 to address the growing demand for connectivity between model data and other types of project data to meet compliance reporting and classification requirements.
• Autodesk’s AEC Data Model API, now generally available, makes granular data accessible to all Autodesk Docs users.
• By connecting people and data across the project lifecycle, AECO firms can create better designs and deliver higher quality projects faster, with less waste and lower costs.

The Datum360 acquisition will enable us to better support the near-term data management needs of our AECO customers. Post-acquisition, Datum360’s technology will help us to bridge a gap in current offerings and expand support for non-model data and compliance reporting.

“Datum360 and Autodesk are united by a shared mission to help our customers make their data a competitive advantage,” said Steve Wilson, Datum360 CEO. “By integrating our technologies, we’re not building a single source of truth, but a single source to go to and search for the truth.”

Serving as a powerful and trusted data backbone, Datum360 connects data currently stored across disparate silos and empowers AECO stakeholders to make better decisions by increasing the accessibility of model data outside the design authoring environments. Its cloud-based platform helps users across the asset lifecycle navigate today’s complex data landscape with confidence, enabling teams to connect, manage, and search across information in one, centralized location.

Datum360 is configurable to a wide range of industry and company classification standards, reliably secure, and built for performance. The tool offers broad benefits that align with customer needs:

• A class library to specify and define precise data requirements;
• Powerful capabilities for intelligent data scraping, searching, reporting, and collaboration;
• Controlled access features to manage changes with a full lifecycle audit trail; and
• Seamless integration of all data from distinct sources.

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