TRIMBLE

Trimble Acquires Flashtract, Adding Construction Payment and Subcontractor Compliance Technology to Minimize Risk and Improve Efficiency for Contractors

Retrieved on: 
Wednesday, May 8, 2024
Ecosystem, TRMB, Communication, Conference, Documentation, Construction

WESTMINSTER, Colo., May 8, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today it has acquired privately-held Flashtract, a company delivering specialized technology to streamline the flow of payment and compliance information between construction general contractors and subcontractors. Financial terms were not disclosed.

Key Points: 
  • Flashtract technology is used to manage payment applications, lien waivers and other compliance and billing documentation electronically, eliminating back-and-forth communication and cumbersome document transfers.
  • The technology, now branded as Trimble Pay, initially integrates with the capabilities of the Trimble Viewpoint® Vista™ ERP solution for construction and extends the robust connected construction technology ecosystem that Trimble Construction One brings to market.
  • "We have earned a strong reputation for enabling general contractors to minimize legal and financial risk and improve efficiency since introducing our technology in 2019," said Blair Chenault, co-founder and CEO of Flashtract.
  • Trimble Pay is expected to be available in 2024 as part of the Trimble Construction One software suite.

Trimble Announces 2024 B2W Customer Innovation Award Winners

Retrieved on: 
Tuesday, May 7, 2024
ROI, Track, TRMB, ERP, Workflow, Software, Automation, Data collection, B2W Software, Road

WESTMINSTER, Colo., May 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) today announced the winners of the 2024 B2W Customer Innovation Awards for North American heavy civil contractors. Bituminous Roadways, Gulf Operators and Sherwood Companies are recognized for their Return on Investment (ROI) results using individual B2W applications and the unified B2W platform.

Key Points: 
  • Heavy civil contractors Bituminous Roadways, Gulf Operators and Sherwood Companies achieve ROI and performance improvements through their use of B2W Software
    WESTMINSTER, Colo., May 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) today announced the winners of the 2024 B2W Customer Innovation Awards for North American heavy civil contractors.
  • Bituminous Roadways, Gulf Operators and Sherwood Companies are recognized for their Return on Investment (ROI) results using individual B2W applications and the unified B2W platform.
  • A panel of B2W judges selects the Customer Innovation Awards program winners from applications submitted by contractors using B2W software for estimating, field tracking, scheduling and fleet maintenance.
  • Bituminous added B2W Estimate and Track followed by the B2W Schedule, Inform and Maintain applications.

Trimble Announces First Quarter 2024 Results

Retrieved on: 
Friday, May 3, 2024
Trimble Inc., AGCO, ID, Internet, GAAP, TRMB, EPS

For the full-year 2024, Trimble expects to report revenue between $3,570 million and $3,670 million and non-GAAP EPS of $2.60 to $2.80.

Key Points: 
  • For the full-year 2024, Trimble expects to report revenue between $3,570 million and $3,670 million and non-GAAP EPS of $2.60 to $2.80.
  • For the second quarter of 2024, Trimble expects to report revenue between $845 million and $875 million and non-GAAP EPS of $0.56 to $0.60.
  • The second quarter of 2024 non-GAAP EPS assumes a tax rate of 17.3 percent and approximately 247 million average shares outstanding.
  • Full-year 2024 and second quarter of 2024 guidance both reflect the closing of the joint venture with AGCO which closed at the beginning of the second quarter of 2024.

Transporeon's Latest Report Reveals Shipper and Carrier Perspectives on the Decarbonization of Road Freight in 2024

Retrieved on: 
Monday, April 29, 2024
Transportation management system, Ecosystem, Transport, Research, ISO, Carbon, GLEC, Trust, CO2, TMS, Cargo

The report covers the road freight sector's decarbonization efforts and priorities as an information source for scenario planning, decarbonization strategies, target setting and action planning.

Key Points: 
  • The report covers the road freight sector's decarbonization efforts and priorities as an information source for scenario planning, decarbonization strategies, target setting and action planning.
  • When it comes to decarbonization strategy for the transport sector, modal shift (21.8%) was the top choice to drive freight decarbonization in 2023, according to the report.
  • Among other top shippers' choices to drive freight decarbonization were load and routing optimization (18.2%), as well as carrier optimization (13.8%).
  • The data reveals that a quarter of the responding carriers and more than half of the shippers consider road freight decarbonization to be a significant business opportunity.

The Video Telematics Market Report 2024: North America and Europe to Account for Close to 15 Million Video Telematics Systems in Use by 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 23, 2024
Vehicle Technology, Automotive, Technology, Audio, Video, Fleet Management, Hardware, SmartDrive, Motive (company), PowerFleet, MIX, Rand, Machine, Rand McNally, Video game

The report forecasts that the active installed base of video telematics systems in Europe and North America will grow at a CAGR of 18.6 percent from almost 6.3 million units at the end of 2023 to 14.8 million by 2028.

Key Points: 
  • The report forecasts that the active installed base of video telematics systems in Europe and North America will grow at a CAGR of 18.6 percent from almost 6.3 million units at the end of 2023 to 14.8 million by 2028.
  • The installed base of active video telematics systems in North America reached almost 4.9 million units in 2023.
  • In Europe, the installed base of active video telematics systems reached almost 1.4 million units in 2023.
  • The active installed base is forecasted to grow at a CAGR of 18 percent to reach 3.1 million video telematics systems in Europe by 2028.

Black & Veatch Earns Highest Implementation Partnership with Leading Enterprise Asset Management System Provider, Trimble – Cityworks

Retrieved on: 
Tuesday, April 23, 2024
Technology, Construction & Property, Consulting, Engineering, Urban Planning, Professional Services, Software, Manufacturing, Data Management, Other Construction & Property, EAMS, Investment, GIS, LIMS, CCTV, SCADA, Partnership, Public works, Black, AMS, Recreation, Acquisition, Black & Veatch, Risk assessment, Platinum, Asset management

Global engineering, construction and consulting company Black & Veatch has earned platinum partnership status with Cityworks, a Trimble company.

Key Points: 
  • Global engineering, construction and consulting company Black & Veatch has earned platinum partnership status with Cityworks, a Trimble company.
  • As part of the enhanced partnership with Cityworks, Black & Veatch maintains its expertise with the platform to support clients as they build resilient, safe and sustainable communities using an enterprise asset management system (EAMS) with Esri GIS technology as the core asset repository.
  • Since 2014, Black & Veatch has partnered with Cityworks to offer clients a consolidated system of record for asset lifecycle management and improved decision-making that leverages client investments in enterprise GIS.
  • Cityworks software works to streamline public infrastructure management through its GIS-centric platform which includes work management, asset management, risk assessment, as well as tools for project permitting, licensing and land management.

Trimble First Quarter 2024 Earnings Call and Webcast

Retrieved on: 
Monday, April 22, 2024
ID, Internet, TRMB

WESTMINSTER, Colo., April 22, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) will hold a conference call on Friday, May 3, 2024 at 8 a.m.

Key Points: 
  • WESTMINSTER, Colo., April 22, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) will hold a conference call on Friday, May 3, 2024 at 8 a.m.
  • ET to review its first quarter 2024 results.
  • The call will be broadcast live on the web at http://investor.trimble.com .
  • Investors without internet access may dial into the call at (888) 660-6347 (U.S.) or (929) 201-6594 (international).

Woolpert Implements Cityworks Online Asset Lifecycle Management Solution for Metroparks Toledo

Retrieved on: 
Tuesday, April 16, 2024
Online, GIS, Safety, Asset management

TOLEDO, Ohio, April 16, 2024 /PRNewswire-PRWeb/ -- Woolpert has completed the implementation of Cityworks Online (CWOL) for Metroparks Toledo. Developed in Trimble's Cityworks software, the GIS-centric asset management system provides park-specific asset data structures and workflows designed to support and improve operations and planning.

Key Points: 
  • TOLEDO, Ohio, April 16, 2024 /PRNewswire-PRWeb/ -- Woolpert has completed the implementation of Cityworks Online (CWOL) for Metroparks Toledo .
  • Developed in Trimble's Cityworks software, the GIS-centric asset management system provides park-specific asset data structures and workflows designed to support and improve operations and planning.
  • "Metroparks Toledo is Woolpert's first client to implement the Cityworks Online system and adopt the latest release, version 23.3.
  • With the implementation, Metroparks Toledo now has a unified platform that can seamlessly integrate asset management with spatial data," St. Clair said.

Holmen Selects Trimble's Connected Forest Management System

Retrieved on: 
Tuesday, April 16, 2024
Software, TRMB, Forestry, Silviculture

WESTMINSTER, Colo., April 16, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that Holmen, a leading Swedish forestry company, has selected Trimble CONNECTED FOREST® as its new, comprehensive forest management system for Holmen Skog. ForestX, Trimble's service partner in Sweden, will implement the digital transformation project.

Key Points: 
  • As one of the largest forest owners in Sweden, Holmen is committed to become more data-driven in its forestry operations
    WESTMINSTER, Colo., April 16, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that Holmen, a leading Swedish forestry company, has selected Trimble CONNECTED FOREST® as its new, comprehensive forest management system for Holmen Skog.
  • Holmen Skog, responsible for managing and developing Holmen's extensive land holdings totaling approximately 1.3 million hectares, is set to become the first in Sweden and Scandinavia to fully adopt the Trimble CONNECTED FOREST suite.
  • Selecting the CONNECTED FOREST suite aligns with Holmen's strategic commitment to become more data-driven in its forestry operations.
  • The adoption of the CONNECTED FOREST suite represents not only an IT project, but a significant shift in Holmen Skog's approach to work.

Trimble Announces New Reporting Segments

Retrieved on: 
Friday, April 12, 2024
AGCO, Engineer, Construction, AECO, System, Transport, TRMB, Marketing

WESTMINSTER, Colo., April 12, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that it will change the reporting of its segment financial results to better reflect the Company's organizational structure and business models.

Key Points: 
  • WESTMINSTER, Colo., April 12, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that it will change the reporting of its segment financial results to better reflect the Company's organizational structure and business models.
  • Starting with first quarter 2024 results, Trimble will report revenue and operating income based on three operating segments as follows:
    Architects, Engineers, Construction and Owners ("AECO").
  • This segment primarily provides software solutions, which sell through a direct channel to customers in the construction industry.
  • Also available at http://investor.trimble.com will be pre-recorded prepared remarks and an accompanying slide presentation on the new reporting segments.