NACKA STRAND, Sweden — (BUSINESS WIRE) — June 14, 2016 — Regulatory News:

Hexagon AB (STO: HEXAB), a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, today announced the launch of HxGN SMART Build, an enterprise construction management software solution designed to alleviate cost overruns and delays. SMART Build will be officially unveiled today at Hexagon’s Construction Innovation Forum ( http://hxgnlive.com/cif), part of HxGN LIVE 2016 ( http://hxgnlive.com/anaheim), an annual, international conference hosted in Anaheim, California, USA this year.

Benefitting from Hexagon’s decades of leadership and expertise on some of the world’s most complex construction projects, SMART Build facilitates the convergence of construction planning and execution through real-time clarity, accountability and management of the project lifecycle. This empowers construction executives with top-down visibility of progress and deviations and field crews with automation and real-time access to the relevant and up-to-date information they need every day on the job site.

Hexagon President and CEO Ola Rollén ( https://twitter.com/OlaRollen) said, “General contractors face an almost impossible challenge with the number of variables they deal with every day. SMART Build will deliver cost savings, improved workflows, increased productivity and countless other benefits to an industry seeking a better way to deliver projects on time and on budget. Hexagon has long been a leader in information technology software solutions for large scale construction in the process, power and marine industries and HxGN SMART Build is our next-generation offering, providing the AEC/BIM industries with a fully integrated solution that did not previously exist.”

Leveraging industry leading technologies from Hexagon’s Process, Power & Marine and Geosystems businesses, SMART Build is a fully integrated construction solution that brings all relevant project information together on a single platform – from design down to the smallest tasks – in a secure, cloud-based environment. Participants at all levels can access data and information any time, from anywhere – from 2D drawings and 3D models, to work packages, detailed instructions, point clouds, and as-built measurements, to project progress and deviations from plan. This real-time visibility and transparency clarifies, connects and simplifies the construction management process. Visit hexagon.com/hxgnsmartbuild for more details.

Hexagon is a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications. Hexagon's solutions integrate sensors, software, domain knowledge and customer workflows into intelligent information ecosystems that deliver actionable information. They are used in a broad range of vital industries. Hexagon (Nasdaq Stockholm: HEXA B) has more than 16,000 employees in 46 countries and net sales of approximately 3.0bn EUR. Learn more at www.hexagon.com and follow us @HexagonAB.

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