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3-D is all the rage isn't it these days in fact by providing 3-D modeling technology I -- desk is digging in.
The foreground is even -- -- creating solutions that are -- the construction industry.
Clots way back -- now.
I -- guest says how about this fascinating technology how is this 3-D technology being integrated into the construction industry.
Well you know -- thanks for having us -- -- -- is is accelerating.
3-D design use -- all over the construction world.
I'm and it's really important because three -- -- you know the construction industry destruction and an infrastructure industries getting more complex and more complicated every day buildings are complex.
Projects are complex.
And and did teams are distributed you can if you can imagine multi cultures involved in projects not in their homeland.
People have to communicate better with three models do is they create information at the core design.
The can be visualize simulated analyze and predicted so more efficient more productive result can happen on the ground.
Eat -- and does that translate into cost cutting we're seeing some amazing pictures us some examples three -- -- provides I mean it's.
Like almost like science fiction but really I mean how much money bottom line our company's able to save by going this route.
You know -- it's it's it's an amazingly wasteful industry people people don't realize how I'm unlike manufacturing for instance -- manufacturing industry which.
Creates a prototype.
Really -- finds that -- -- -- produces many of many versions of that product many many units.
Building industry -- -- process on every construction project and because of that there's a huge amount of waste built into every budget 25 to 30% of many giving construction budget is allocated to -- And so.
That's where contractors and architects and engineers and owners are really attacking they're trying to go after -- -- -- coefficient trying to take some that waste and repatriate back to the bottom line.
We've seen significant pressure on commercial real estate -- construction industry through the recession and the recovery on how that impacted business and demand for this product.
Yet the economy it's again the recession hit construction and restrictions -- pretty hard it's as.
Many of your viewers probably seen -- last few years.
But on we have a global business we see it you know every country in every part of the world has our software and is using it to design and engineering constructive.
So I can't really answer the questions on the -- you know as a generalization but overall -- stability.
I think you see in China Russia India places like that there's massive growth -- still.
Hundreds of millions of people being moved from rural to urban settings in those emerging markets are requiring lots of building an infrastructure.
But even in the big Tom construction economies of the US Japan and Germany.
You're seeing stabilization.
And you -- -- -- and pipelines recover slowly but surely and and more demand for building information modeling three modeling and visualization.
-- -- thanks for -- the technology that's getting giving us a sneak peek through it really cool.
Thanks a lot --
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