Collaboration par excellence

Example: Hasselt City Hall, Belgium — The building of the new municipal administration center in Hasselt, Belgium, demonstrates how seamless collaboration in building projects can minimize risks and save costs from the design phase all the way to commissioning.
A joint project of several brands of the Nemetschek Group.
Nemetschek brands involved: Allplan, GRAPHISOFT, Solibri

Pioneering planning and project execution with Open BIM

“The end-to-end use of BIM solutions constitutes genuine added value for all stakeholders in the building process
because it enables seamless and efficient collboration”

Steven Hendrickx, Head Architect in Hasselt

Large-scale, highly complex building projects in particular require ongoing, reliable and efficient coodination between all stakeholders – both internal and external – across disciplines and between companies. Therefore, in association with other market players, the Nemetschek Group is promoting the Open BIM data standard. This is a universal, collaborative approach to designing, constructing and operating buildings based on open standards and workflows It makes it possible for project stakeholders to collaborate, even if the type of software varies from user to user. The Industry Foundation Classes (IFC) interface has established itself as an open standard and is therefore of central significance.

Sharing and evaluating data throughout the entire product life cycle saves time and money and improves quality. The administration of data is key to this digital transformation, for it is only possible to take full advantage of the potential if each stakeholder can access the data that he or she needs at any given time. This begins with a realistic BIM building model, which is an essential prerequisite for a genuine 5D workflo. This model is no longer limited to just 3D construction data; it also includes data concerning the dimensions of time and costs.

Seamless collaboration exemplified by the Hasselt City Hall

Under the management of the architect team comprising Jaspers-Eyers, MASS Architects and Michel Janssen, a new municipal administration center is being built in Hasselt. The complex, consisting of a renovated building section and a new building, provides approx. 17,000 m2 for the city administration and social services as well as offices. The architects and their most important partners are using Open BIM software solutions for the entire construction process. Three Nemetschek solutions are being implemented for this project: Archicad from Graphisoft for the design and planning of the architects, Allplan Engineering for civil engineering, and the Solibri Model Checker for the BIM quality control carried out by the construction company.

From the beginning, all information concerning the building project is contained in the digital building model – from the draft to implementation – including all design details, desired materials, fire protection requirements, acoustic properties, insulation and building structures, and administration. This constitutes considerable added value for all stakeholders compared to the old standard model, which was purely 3D. Thus, this improvement ensures more than just seamless collaboration between all those involved. The complex project can be turned over to the municipality – the proud building owner – with the required quality, on time and within the specified budget.

Hasselt City Hall is groundbreaking – in terms of design, planning and project implementation.

Independent and yet consistent

Steven Hendrickx, the head architect in Hasselt, recognized four decisive factors with Open BIM over the course of the successful project:

  • Individual partners design their model with their preferred BIM software, and with their own templates. Outstanding collaboration is ensured, though, thanks to a common, uniform standard which is specified in advance.
  • The division of labor is defined at the beginning of the project. Data on statics, for instance, have an essential impact on the architecture and structural design. Data on heating, ventilation and air-conditioning, on the other hand, are also important but don’t generally flow directly into the architecture. These data, for example, can be sufficiently analyzed with the BIM solution for quality assurance from Solibri.
  • Design changes in one area don’t necessarily affect the plans of all the others involved in the project. The architecture and the building stage are inherently the most closely linked.
  • The expertise of the staff, i.e., extensive holistic knowledge of the various building disciplines, is also critical for the success of the project.

Two examples of the advantage of precise planning

In Hasselt, the construction company was commissioned with excavation, among other tasks. An assessment of the amount of sand that needed to be removed was done based on a cal culation using conventional 2D planning methods, which yielded a result of 800 cubic meters. The engineers used the Solibri Model Checker based on Open BIM and the data provided by the architects and arrived at a figue that was just half this amount, i.e., 400 cubic meters of sand. This shows how exact the work with Open BIM solutions can be.

The steel struts to be installed are another example: With the interface function IFC Exports from Allplan, it was possible to use the BIM model to automatically calculate which steel struts needed fieproofing. All it took was a mouse click to obtain precise results, right down to the running meter. In projects that don’t use Open BIM solutions, these calculations are made by manually entering the data from 2D drawings in Excel or some other software and then recalculating and evaluating the data for use in quotations and planning, a process that is susceptible to error and one that leaves a lot of room for interpretation. These errors often go undetected until the actual cost planning is already completed. In the case of the Hasselt City Hall,  it was possible to avoid such errors from the outset.

Converting to Open BIM pays off

As is the case with any change, it takes a certain amount of time for companies and employees to accept BIM as the norm. The best way, according to Steven Hendrickx, is to start out by planning smaller projects using BIM. The experience thereby gained will make it possible to complete successively larger BIM projects. The advantages of collaborating through Open BIM are obvious: The entire workflow is much simpler for all project stakeholders, and building projects are completed within time and cost budgets.

CONCLUSION

Consistent standards and open interfaces in par-ticular are essential for successful building projects. Stakeholders need solutions that can “work together” for all and any individual tasks being performed. Seamless collaboration between humans and machines: This is ensured with Open BIM, and backed by the brands of the Nemetschek Group.



Reference projects on this topic:

Nemetschek Group gets off to strong start in financial year 2015

  • Revenue increases by 30.5% to reach new top mark of EUR 66.6 million
  • Positive impulses as a result of Bluebeam acquisition
  • EBITDA grows over-proportionally to revenue by 31.9% to EUR 17.4 million
  • EBITDA margin at a high 26.1%
  • Earnings per share (adjusted for PPA) increase considerably to EUR 1.06 (+22.0%)
  • Outlook for 2015 affirmed

Munich, April 30, 2015 – The Nemetschek Group (ISIN 0006452907) has made a dynamic start in the 2015 financial year and continues on its growth course of the previous year. Revenue and operating result both rose considerably vis-à-vis the previous year’s quarter. Parallel to this, investments continued to be made in advancing international market presence, in further developing software solutions and in addressing new customer segments.

Profitable growth course

As a whole, in the first three months of 2015, Group revenue increased by 30.5% to EUR 66.6 million (previous year period: EUR 51.0 million). The Nemetschek Group thus achieved a record high for the first three months of a financial year. Adjusted for currency fluctuations, growth was some 25%. Bluebeam Software, Inc., acquired as of October 31, 2014, contributed EUR 10.0 million to revenue growth. Purely organic growth thus remained at a high 10.9%.

Likewise, earnings before interest, taxes, depreciation and amortization (EBITDA) rose considerably by 31.9% to EUR 17.4 million (previous year’s period: EUR 13.2 million). The EBITDA margin consequently improved in the period comparison from 25.8% to 26.1%.

“We got the year off to an outstanding start, smoothly continuing the strong development of the last quarter of the previous year. The organic portfolio and our new brand Bluebeam confirm our excellent position on the AEC market. As a result, we have a very good basis for future growth,” says Patrik Heider, Spokesman and CFOO of the Nemetschek Group.

In the first three months of 2015, net income for the year (Group shares) rose by 11.7% to EUR 8.4 million (previous year’s period: EUR 7.5 million). Accordingly, the earnings per share increased from EUR 0.78 in the previous year to EUR 0.87. Adjusted for depreciation and amortization from purchase price allocation (PPA), net income for the year rose significantly by 22.0% to EUR 10.2 million (previous year’s period: EUR 8.4 million). This corresponds to an adjusted earnings per share figure of EUR 1.06 (Q1 2014: EUR 0.87 per share).

Internationalization further extended – US market in focus

The Nemetschek Group was able to further extend its growth and market presence on international markets. In total, non-domestic revenue climbed by 41.6% to EUR 43.4 million (Q1 2014: EUR 30.6 million). The US market was the major growth driver, where revenue more than tripled as a result of the Bluebeam acquisition. Domestic revenue also developed positively and rose in the first quarter of 2015 by 13.8% to EUR 23.1 million (previous year’s period: EUR 20.3 million).

Increase in revenue from software licenses and software service contracts

With a clear plus of 41.4% in the starting quarter of 2015, revenue from software licenses rose to EUR 34.4 million (previous year’s period: EUR 24.3 million). Thus, licenses made up 51.7% of total revenue (Q1 2014: 47.7%). Revenue from software service contracts increased to EUR 28.7 million, a rise of 20.6% compared to the previous year’s period (EUR 23.8 million). The proportion compared to total revenue reached 43.1% (Q1 2014: 46.6%). The two major segments secure sustainable corporate growth for the Nemetschek Group: On the one hand, license business strengthens positioning with new and existing customers; on the other hand, service contracts ensure regular revenue and high levels of design reliability.

Healthy balance sheet and high liquid reserves

As of the end of the first quarter of 2015, the Nemetschek Group demonstrated an extremely sound net asset structure and financial position. As of March 31, 2015, the equity ratio rose to 48.9% (December 31, 2014: 46.8%). Moreover, the Group had cash and cash equivalents amounting to EUR 73.5 million and a net liquidity of EUR 16.5 million. Despite the purchase of Bluebeam and a planned dividend distribution of EUR 15.4 million in total, the Nemetschek Group thus possesses sufficient liquid reserves to drive further planned growth forward organically and via acquisitions.

Development of the segments

The Design segment continued to develop very positively in the starting quarter. Revenue rose by 10.1% to EUR 46.1 million (previous year’s period: EUR 41.9 million). EBITDA improved overproportionally compared to revenue: With EUR 11.6 million it was 12.7% above the figure for the comparison period (EUR 10.3 million). The EBITDA margin rose accordingly from 24.6% to 25.1%.

As a result of the Bluebeam acquisition, the Build segment contributed the most strongly to the favorable start of the year. Revenue increased to EUR 13.8 million and was thus able to more than triple vis-à-vis the previous year’s figure of EUR 3.9 million. Organic revenue remained at the level of the previous year. EBITDA reached EUR 3.0 million (previous year’s period: EUR 0.9 million), which corresponds to an EBITDA margin of 21.8% (Q1 2014: 22.8%).

Revenue in the Manage segment rose by 12.0% to EUR 1.3 million (Q1 2014: EUR 1.2 million). As a result of growth, EBITDA was EUR 0.1 million (Q1 2014: EUR 0.2), which corresponds to an EBITDA margin of 9.8% (previous year’s period: 17.0%).

The Media & Entertainment segment showed strong growth, rising by 29.9% to EUR 5.3 million and following the figure of the previous year’s period of EUR 4.1 million. EBITDA increased to EUR 2.6 million (previous year’s period: EUR 1.8 million), which caused the EBITDA margin to reach a high 49.7% (previous year’s period: 44.2%). Investments in future growth are planned in this segment.

Outlook for the fiscal year 2015 affirmed

“Our strong start to the year shows that we are right on track for achieving the targets for the overall year 2015 and record highs in terms of revenue and earnings,” says Heider regarding prospects. On this basis, the Executive Board affirms the forecast revenue for the whole of 2015 in the range of EUR 262 to 269 million (an increase of 20% to 23%, 6% to 9% of this organic) and EBITDA amounting to between EUR 62 and 65 million.

Overview of key figures

In EUR millionQ1 2015Q1 2014Δ in %
Revenue66.651.0+30.5%
- Of this software licenses

34.4

24.3+41.4%
- Of this software service28.723.8+20.6%
EBITDA17.413.2+31.9%
Margin26.1%25.8% 
EBITA (normalized EBIT)15.812.0+31.0%
Margin23.7%23.6% 
Net income for the year (Group shares)8.47.5+11.7%
Earnings per share in euros0.870.78+11.7%
Net income for the year (Group shares) before depreciation from purchase price allocation10.28.4+22.0%
Earnings per share before depreciation from purchase price allocation1.060.87+22.0%

Key figures by segment

In EUR millionQ1 2015Q1 2014Δ in %
Design   
Revenue46.141.9+10.1%
EBITDA11.610.3+12.7%
Margin25.1%24.6% 
Build   
Revenue13.83.9+258.2%
EBITDA3.00.9+242.5%
Margin21.8%22.8% 
Manage   
Revenue1.31.2+12.0%
EBITDA0.10.2-35.3%
Margin9.8%17.0% 
Media & Entertainment   
Revenue5.34.1+29.9%
EBITDA2.61.8+46.0%
Margin49.7%44.2% 

The complete 3-month report for 2015 is available for download in the Investor Relations section of the company website.