- \n
- Service offered will simplify the laborious nature
\nof building plan checks and shorten the time taken to completion from weeks or months
\nto mere hours<\/li>\n - The Cloud-based automated BIM Checking as a
\nservice will help BIM managers and QPs to get on board at much lower upfront
\ncosts and ensure a sustainable and recurring income for Nova MSC<\/li>\n - Improve data quality in emerging technologies
\nsuch as Digital Twins<\/b> and 5D BIM Model<\/b><\/li>\n<\/ul>\n\u00a0 <\/p>\n
\n <\/p>\nKUALA LUMPUR,
\nMALAYSIA – Media OutReach<\/a>\u00a0– 3 May 2021\u00a0–\u00a0Nova MSC Berhad<\/a>‘s<\/b> (“Nova MSC” or “the
\nCompany”) subsidiary novaCITYNETS launches FORNAX\u2122 Cloud <\/a> ( www.fornaxcloud.com <\/a>) today to enable customer cloud adoption to
\naccelerate the digitalisation process of the architecture, engineering and
\nconstruction (AEC) industry. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/147735\/FORNAX-Cloud-landing-page-v1.png#image-147735\")
<\/p>\n
\n <\/p>\nFORNAX\u2122 Cloud is the Software as a
\nService (SaaS) arm of its FORNAX \u2122
\nePlanCheck system. The service will provide the Qualified Persons (QPs) and
\nBuilding Information Modeling (BIM) managers an avenue to perform automated
\nchecks on BIM models to audit for data completeness, modelling quality
\naccording to best practices, compare models between iterations and detect
\ncritical clashes of vital elements as part of the process required in a typical
\nBIM Executive Plan (BEP), thereby improving data quality in the existing
\nmethodologies as well as in emerging technologies such as Digital Twins<\/b>
\nand 5D BIM Model<\/b>. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nNova MSC’s Group Chief Executive
\nOfficer, Mr Lai Teik Kin <\/b> , said: “With
\nthe launch, we are making it easier for the QPs and BIM managers to discover
\nnew powerful applications that will provide them with data-driven insights and
\neventually drive substantial productivity gain.” <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nAccording to Lai, the Group’s
\nstate-of-the-art FORNAX \u2122
\nePlanCheck system has been in development since 2002 and has undergone many
\ncycles of improvements with the incorporation of Artificial Intelligence (AI)
\nto automate the checking process. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\n“BIM is envisaged to be the de-facto in
\nthe building and construction industries, and the aim of our FORNAX \u2122 ePlanCheck is dedicated to managing
\ninformation of BIM and leveraging it to enhance the process in design,
\nregulatory requirements, and construction of building projects as well as
\noperation and maintenance of built assets.<\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nThe service that we offer will help to
\nchange the industry as the laborious nature of building plan checks could be
\nsimplified and what normally takes weeks or even months for completion, would
\nonly require mere hours with our FORNAX \u2122
\nePlanCheck, giving a tremendous boost in productivity to the industry,” Lai
\nadded. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nThe combination of BIM and the cloud is
\nalso another area of improvement for an industry that is traditionally
\nfragmented. The cloud-based automated BIM checking service at its core will
\nhelp to facilitate collaborations. As the construction and building process
\ninvolves various parties such as the owners, architects and contractors, such
\ncollaboration will ensure better integration of ideas. It allows sharing of
\ninformation to be done seamless and encourage more frequent exchanges of data,
\ninformation and ideas among the stakeholders, which adds more depth to the
\nplanning process. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nAside from that, the features offered
\nin FORNAX\u2122 Cloud for BEP requirement also enable QPs and BIM Managers to
\nconduct preliminary regulatory compliance check in a single BIM portal before
\ncommitting their BIM models to the authorities for official check and approval.
\nThis is important as it would help to save costs from rectification due to
\nerror during the BIM construction stage. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nThe additional benefit includes the
\nimprovement in terms of productivity as Nova MSC’s proprietary AI algorithm
\nwill generate a variety of simple and complex relational queries to extract
\nrelevant information within a BIM model for analytic purposes and to validate
\nagainst design expectations and requirements. The automation of these analyses
\nat various stages of the life cycle of the project will ensure the project to
\ncontinue without any disruption. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nThe automated BIM check is also
\ncritical for the successful implementation of Digital Twin as most of the flaws
\nwithin existing design software are mainly due to the inaccuracy within the BIM
\nmodel. The services offered by Nova MSC will perform automated checks on BIM
\nmodels to audit for data completeness, modelling quality according to best
\npractices, comparison of models between design iterations and detection of
\ncritical clashes of vital elements to ensure the accuracy of the model. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\n“With
\nour cloud services, we hope to help motivate and spread the use of automated
\nregulatory compliance checking to the industry. During the initial launch, the
\nservice will be available to selected QPs and BIM Managers on the invitation.
\nIt will be made available to all other industry practitioners on a later
\nstage,” Lai said. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nBy offering FORNAX\u2122 Cloud in a SasS
\nmodel, the Group will allow BIM Managers and QPs to get on board with a lower
\nupfront cost. At the same time, this would help to generate a sustainable and
\nrecurring income for the Group. \u00a0 <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nThe Group’s AI-driven module, FORNAX\u2122,
\nis widely recognized and known for its strength. In Singapore, novaCITYNETS has
\nrecently been awarded contracts by Singapore Public Utilities Board (PUB),
\nJurong Town Council (JTC), Building and Construction Auhority (BCA) and Urban
\nRedevelopment Authority (URA) of Singapore for its cutting-edge solutions
\nFORNAX\u2122 ePlanCheck system. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nAside from Singapore, the Holy Makkah
\nMunicipality of Kingdom of Saudi Arabia has also commissioned a project to
\nimplement an Automated Regulatory Compliance System (ACRS) that will automate
\nthe checking of building plan regulatory compliance submitted to the
\nmunicipality. The ARCS implementation is also based on Nova MSC’s FORNAX\u2122
\nePlanCheck system. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nAccording to the Group, the new
\nlaunches will target the US, China and Malaysia market at the initial stage.
\nBased on Nova MSC’s research, there are about 1.3 million building permits
\nissued yearly in the United States. The building permits fee constitutes around
\n0.5 to 1.0% of construction value, of which the plan-check fee comprises 75% of
\nit. In total, Nova MSC estimated that the plan-check fee in the United States
\nto range between USD4.8 billion to USD9.6 billion annually. Meanwhile, in
\nChina, the plan-check fee within the city of Shanghai alone is about CNY1.8
\nbillion annually. As for Malaysia, the plan-check fee amounts to RM1.5 billion
\nper year. <\/p>\n
\n <\/p>\n\u00a0 <\/p>\n
\n <\/p>\nThis is in line with a third party
\nindependent report by Report Ocea, a market research-based in the US, which
\nforecast the BIM in construction market size to grow at a compounded annual
\ngrowth rate (CAGR) of 15.0% from 2020 to 2027 with the market being dominated
\nin North America.<\/p>\n<\/p><\/div>\n\n
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