New path expands customer base, leverages solutions across parent company Hexagon AB
HUNTSVILLE, Ala., June 4, 2017 — (PRNewswire) — The world's leading engineering software company is today embracing a new brand and a honed vision for enabling the smart digital industrial facility and extending its expertise into new markets like Architecture, Engineering and Construction (AEC).
Intergraph Process, Power & Marine – acquired by Hexagon AB in July 2010 – will now be known as Hexagon PPM. Hexagon PPM is focused on delivering end-to-end information technology solutions that drive efficiencies during the design, construction and operation of industrial facilities and large-scale construction projects.
Because of Intergraph's first-in-class reputation, Hexagon PPM products will continue to carry the Intergraph brand name. "PPM" is retained as a nod to the key industries of process, power, and marine; however, Hexagon PPM will expand its base to serve industries beyond its traditional core.
Recent acquisitions, including project controls technology (EcoSys), fabrication automation technology (NESTIX Oy), and the recently launched HxGN SMART Build solution targeted at enterprise BIM construction execution for the AEC industry, are enabling Hexagon PPM to diversify its customer base.
The company's new president, Mattias Stenberg, assumed PPM's helm in January, transitioning from Hexagon's Chief Strategy Officer, a role he held since 2009.
"The name change isn't just a name change," Stenberg said. "It represents a closer alignment with Hexagon that will open up new doors to truly leverage the depth and breadth of Hexagon's innovations and technological capabilities. It's an opportunity to overcome the slow pace of change that has characterized PPM's primary industries over the past 20 years."
About Hexagon PPM
Hexagon PPM is the world's leading provider of enterprise engineering design software and project control solutions. By transforming unstructured information into a smart digital asset, our clients are empowered to visualize, build, and manage structures and facilities of all complexities, ensuring safe and efficient operation throughout the entire life cycle.
PPM is part of Hexagon (Nasdaq Stockholm: HEXA B; hexagon.com), a leading global provider of information technology solutions that drive productivity and quality across geospatial and industrial landscapes.
© 2017 Intergraph Corporation d/b/a Hexagon PPM. Hexagon PPM is part of Hexagon. All rights reserved. Hexagon PPM and the Hexagon PPM logo are trademarks of Hexagon or its subsidiaries in the United States and in other countries.
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SOURCE Hexagon PPM