Hexagon preparing to spin off Bricsys
From Hexagon:
A new era begins.
Octave is here.
We step forward with a new identity and a powerful story to share.
As Hexagon AB prepares for the potential spin-off of its Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions, as well as ETQ, Bricsys and Projectmates, we are ready to introduce our new brand.
Octave was built to unleash intelligence at scale, harnessing data to transform what’s possible for customers around the world.
This is more than a new name. It’s a bold signal of who we are, and how our solutions and team can champion your business.
Expertise. Clarity. Intelligence. All tuned to cut through complexity and optimize performance – at any scope or scale. We’re looking forward to what’s next, and we’re glad you’re a part of it.
Welcome to Octave.
Learn more at Octave.com.
Comments
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Wow.
An exciting read with lots of hype, but says nothing…
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And it already brought us a new font and terrible new blue accents to the forum, beside Bricscad's great CI color.
If Octave's font also finds its way into the GUI - I'm out ;)1 -
What does 'spin off' mean? Offer for sale? Already sold to a management buyout? A done deal? a stitch-up? Genuine new impetus, or same-old?
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Hexagon reported this some months back on their investor page. I was reminded of Dr. Otto Octavius.
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Based on the Octave.com site, it appears to be EPC software organization. A rather large corporation.
So do we assume they have purchased Bricscad?
If so and without being to pessimistic…………will it be, less innovation, menu changes and higher prices?
Lets hope not for the future users.
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it’s a spinoff, just like GE spinning off GE health care. It allows the separate companies to focus on their expertise
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Bricscad is already there in Octave website's 'our products'. What do they want it for, any more than Hexagon's chemical-plant division needed Bricscad?
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aw, I thought the new font looks quite modern & cool, (less generic), but id need to see the font in the UI.
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At first I was thinking Spin off meant, sell off, because they spun off as in, sold off some other divisions late last year. Reading some news story’s published in the past 24 hours, it seems Hexgon just split out software onto a brand/platform that’s able to cross sell btu also thats able to focus marketing.
Seems logical because finding Bricsys on Hexagon was very difficult, considering so many divisions.
Hopefully it isn’t a preparation endeavour to, raise and lock in subscription costs, pump BricsCAD to make it look attractive to potential buyer for future sell off.
Hopefully Octave can inject significantly more $$ towards development resources into BricsCAD and get project management and software architecture engineering team focused on solving crippling performance problems as well building new capabilities desperately needed.
Also hopefully, they can consider designing a Navisworks like application with iConstruct Pro built in, file readers than can bring in any file format, including NWD NWC etc, fast modern graphics engine, section box for slicing & exporting entities only in section box, selection methods like BricsCAD, with modern usable export formats, eg USDz etc make it multiplatform, macOS, Linux, Windows.
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Octave BricsCAD (Formally BricsCAD)??? okay…and Did we ever call it Bricsys BricsCAD? Nowmwe have to call it Octave BricsCAD? or just BricsCAD? lolz
Either way, Octave is cool, IDK what Brics in BricsCAD was supposed to mean, brick walls?
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Since Hexagon is a public company, you can ask AI to do a deep analysis on the subject. It will break out financials and the outlook in face of the SaaS evolution. Personally, I think it’s cool! I’ve designed a new application icon Bricsys should consider
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It’s an acronym (Building Related Interactive Computer Systems) or something. Erik told me once but I forgot
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Formally - or Formerly? Its' a gaffe, no doubt
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Good that "Brics" is an acronym and is not "BRICS is an intergovernmental organization comprising ten countries: Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa, and the United Arab Emirates."
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Apropos nothing, but I am surprised that there haven't been seismic changes to Bricscad before.
I have just had a look at the stable of all the Hexagon CAD products, and there are a lot.
There is so much crossover with a lot of their other products.
From my quick look, it seems the only standout that Bricscad has are the Architectural abilities.
All the mechanical and manufacturing is more than covered by products like Designer, Alphacam, Radan and WorkNC, to name just a few.
I'm amazed that there hasn't been a push to their bigger products, as Dassault has done with getting Draftsight users to convert to Solidworks.
Don't get me wrong, I hope (selfishly) Bricscad survives as a reasonably priced all-rounder, and not just as an Architectural product.
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"Hexgon just split out software onto a brand/platform that’s able to cross sell btu also thats able to focus marketing!"
So BricsCAD hasn't been 'spun off' in any meaningful sense - it's just been transferred into a new(?) division within Hexagon? Which, far from being more 'able to focus' looks just as much of a ragbag as the Hexagon division - what was it? - that it was in before.
Who writes this corp-speak? Is it a code, that means something to the important people? Or does it mean 'we don't need you to understand - just to be impressed at our corporateness'?0 -
To quote the movie The Game, "Humour me with specifics" :-)
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The Civil part of Bricscad is like what we had in the late 80's, I started with computer Civil software early 90's and that version had way more features than what is in the current version, where is roads, stormwater and sewer. Autodesk introduced Land desktop, then upgraded it to CIV3D.
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