SOURCE: Newforma, Inc.

Newforma, Inc.

November 04, 2013 20:00 ET

Newforma Signs Reseller Agreement With Forida in Hong Kong

Cost Effective Project Management Critical in World's Most Expensive City to Build In

MANCHESTER, NH--(Marketwired - Nov 4, 2013) - Newforma, a project information management (PIM) software company integrating people, projects and processes to transform building and infrastructure project delivery, announced today that it has signed an agreement with Forida Limited, one of the largest PIM, CAD and BIM solution providers in the AEC industry, to resell its solution in Hong Kong.

EC Harris, a leading global Built Asset Consultancy, recently issued its 2013 International Construction Costs Report naming Hong Kong the most expensive city in the world to build in. Cost effective management throughout the design-build process is paramount in such a market. Newforma adds a solution to help Forida customers -- many of the region's government organizations, developers, architects and consulting engineers -- to drive more effective project delivery.

"Streamlining project delivery processes is extremely important to the professionals in the construction industry," said Kenneth Lau, director of Forida. "We are excited to offer Newforma as it is proven to drive bottomline results by streamlining daily project delivery workflows."

"Hong Kong is an important market for Newforma as there is such rapid growth here," said Newforma Vice President Asia Pacific Operation Ved Narayan. "This coupled with increasing demand from AEC firms for project information management solutions to help drive on time, on budget project delivery drives our keen focus on helping AEC firms in this market."

About Forida
Forida Limited works closely with technology partners from around the world, like Newforma, Autodesk, Solibri, and ARCHIBUS, as well as local professionals to provide best-in-class spatial information solutions. Its services include building information modeling, providing spatial information for facilities management, devising BIM standards, mentorship in BIM implementation as well as BIM system customization and development.

About Newforma
Newforma develops, sells and supports project information management (PIM) software for architecture, engineering, and construction firms worldwide, and the owners they serve. Newforma is the first industry-focused and integrated solution to connect firms to each other, to their project information, to their processes, and to remote team members, all for the purpose of more successful project delivery. Firms in the Newforma Project Network are using Newforma software to manage information on more than one million projects, raising productivity, reducing exposure to risk, strengthening their brands, and freeing time and attention to focus on design, construction, and client service. For more information about Newforma, visit www.newforma.com, or phone +1 603-625-6212.

© 2013 Newforma, Inc. Newforma is a registered trademark of Newforma, Inc., in the United States and in other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

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