NOVA TO LAUNCH FORNAX™ CLOUD

May 2021 – novaCITYNETS, a subsidiary of Nova MSC launches FORNAX ePlanCheck as a service on the FORNAX Cloud to enable customer cloud adoption to accelerate the digitalisation process of the architecture, engineering and construction (AEC) industry.

FORNAX™ Cloud is the Software as a Service (SaaS) arm of its FORNAX™ ePlanCheck system. The service will provide the Qualified Persons (QPs) and Building Information Modeling (BIM) managers an avenue to perform automated checks on BIM models to audit for data completeness, modelling quality according to best practices, compare models between iterations and detect critical clashes of vital elements as part of the process required in a typical BIM Executive Plan (BEP), thereby improving data quality in the existing methodologies as well as in emerging technologies such as Digital Twins and 5D BIM Model.

With the launch, we are making it easier for the QPs and BIM managers to discover new powerful applications that will provide them with data-driven insights and eventually drive substantial productivity gain.

BIM is envisaged to be the de-facto in the building and construction industries, and the aim of our FORNAX™ ePlanCheck is dedicated to managing information of BIM and leveraging it to enhance the process in design, regulatory requirements, and construction of building projects as well as operation and maintenance of built assets.

The service that we offer will help to change the industry as the laborious nature of building plan checks could be simplified and what normally takes weeks or even months for completion, would only require mere hours with our FORNAX™ ePlanCheck, giving a tremendous boost in productivity to the industry

 

The Group’s AI-driven module, FORNAX™, is widely recognized and known for its strength. In Singapore, novaCITYNETS has recently been awarded contracts by Singapore Public Utilities Board (PUB), Jurong Town Council (JTC), Building and Construction Auhority (BCA) and Urban Redevelopment Authority (URA) of Singapore for its cutting-edge solutions FORNAX™ ePlanCheck system.

Aside from Singapore, the Holy Makkah Municipality of Kingdom of Saudi Arabia has also commissioned a project to implement an Automated Regulatory Compliance System (ACRS) that will automate the checking of building plan regulatory compliance submitted to the municipality. The ARCS implementation is also based on Nova MSC’s FORNAX™ ePlanCheck system.

According to the Group, the new launches will target the US, China and Malaysia market at the initial stage. Based on Nova MSC’s research, there are about 1.3 million building permits issued yearly in the United States. The building permits fee constitutes around 0.5 to 1.0% of construction value, of which the plan-check fee comprises 75% of it. In total, Nova MSC estimated that the plan-check fee in the United States to range between USD4.8 billion to USD9.6 billion annually. Meanwhile, in China, the plan-check fee within the city of Shanghai alone is about CNY1.8 billion annually. As for Malaysia, the plan-check fee amounts to RM1.5 billion per year.

This is in line with a third party independent report by Report Ocea, a market research-based in the US, which forecast the BIM in construction market size to grow at a compounded annual growth rate (CAGR) of 15.0% from 2020 to 2027 with the market being dominated in North America.

For more information about FORNAX Cloud, please refer to www.fornaxcloud.com

Read media coverage at:

https://www.malaymail.com/section/money/mediaoutreach?release_id=76531

https://malaysia.news.yahoo.com/news/nova-msc-launches-fornax-cloud-040000692.html

https://focusmalaysia.my/media-outreach/?release_id=76531

https://hrasiamedia.com/media-outreach/nova-msc-launches-fornax-cloud-to-perform-bim-automated-check-in-the-cloud/

http://sg.nanyangpost.com/p/mediaoutreach.html?release_id=76531

https://finance.yahoo.com/news/nova-msc-launches-fornax-cloud-040000692.html

https://capital.asia/mediaoutreach/?release_id=76531

https://vulcanpost.my/media-outreach/?release_id=76531

https://www.malaysiaglobalbusinessforum.com/article/nova-msc-launches-fornax-cloud-to-perform-bim-automated-check-in-the-cloud/

https://sme.asia/nova-msc-launches-fornax-cloud-to-perform-bim-automated-check-in-the-cloud/

 

About FORNAX™ ePlanCheck

FORNAX ePlanCheck is a product developed by novaCITYNETS from the ground up as a result of intensive R&D efforts derived from many years of experience implementing numerous BIM related projects, programs and initiatives with governments and private sectors in Singapore and various other countries in Asia, Europe, Middle-east and the United States. Our years of experience in BIM includes the Singapore CORENET systems for e-Submission, and ePlanCheck for the Singapore agencies in automated Regulatory Compliance checking projects. In addition, novaCITYNETS has been providing BIM implementation services and consulting expertise to the building and construction industry for an array of iconic development projects over the past 20 years.

FORNAX ePlanCheck capabilities include automated regulatory compliance check, BIM data management, query-able model data, BIM data check, BIM quality check, clash detection, model comparison, BIM review collaboration, document management, tasks management, ability to customise checking rules with configurable parameters and so much more.

 


Please direct all queries related to this article to Marketing at enquiry@nova-hub.com