{"id":7475,"date":"2022-03-24T09:20:36","date_gmt":"2022-03-24T13:20:36","guid":{"rendered":"https:\/\/adsknews.autodesk.com\/?post_type=news&p=7475"},"modified":"2022-03-24T10:07:43","modified_gmt":"2022-03-24T14:07:43","slug":"autodesk-acquires-the-wild","status":"publish","type":"news","link":"https:\/\/adsknews.autodesk.com\/en\/news\/autodesk-acquires-the-wild\/","title":{"rendered":"Autodesk to Acquire The Wild, Extended Reality (XR) Solutions Provider for Immersive and Collaborative Workspaces for Design and Construction"},"content":{"rendered":"

\"\"<\/span> San Francisco<\/strong> \u2013 March <\/span>24<\/span>, 2022 \u2013 <\/span>Autodesk<\/span><\/span><\/a>, Inc. (NASDAQ: ADSK) <\/span>has announced it has signed a definitive agreement to <\/span>acquire<\/span> <\/span>The Wild<\/span><\/span><\/a>, a cloud-connected, extended reality (XR) platform, which includes its namesake solutions, <\/span>The Wild<\/span>, and <\/span><\/span>IrisVR<\/span><\/span><\/a>. <\/span>The Wild<\/span> enables architecture, engineering, and construction (AEC) professionals to present, collaborate and review projects together in immersive and interactive experiences, from anywhere and at any time. <\/span><\/span>This acquisition enables Autodesk to meet increasing needs for augmented reality (AR) and virtual reality (VR) technology advancements within the AEC industry and further support AEC customers throughout the project delivery lifecycle.<\/span><\/span>\u00a0<\/span> Serving more than <\/span><\/span>700 customers worldwide<\/span><\/span><\/a> across its two platforms, The Wild\u2019s XR technologies offer affordable, on-demand and in-context opportunities for deeper team collaboration. Its virtual format empowers remote workforces amid a rapidly evolving work landscape and offers an immersive environment for real-time ideation and decision making.<\/span><\/span>\u00a0<\/span> \u201c<\/span>Our <\/span>acquisition of The Wild reflects the rapid transformation <\/span>taking place in the <\/span>building industr<\/span>y<\/span>, from the complexity of projects to the geographic diversity of teams who design, construct, and operate them,\u201d said Andrew Anagnost, CEO<\/span> and president<\/span>, Autodesk. \u201cXR is a must-have business imperative for today and an important part of Autodesk\u2019s <\/span><\/span>Forge platform<\/span><\/span><\/a> vision.\u201d<\/span><\/span> The Wild\u2019s virtual platform allows teams to work together inside digital project models to explore, interact, and make changes to the model directly in the cloud. This leads to better decisions and project outcomes at a fraction of the time and cost for in-person collaboration methods.<\/span><\/span>\u00a0<\/span> \u201cThe Wild and Autodesk share a common mission of encouraging a more productive and collaborative AEC industry, and in this case, one where teams can resolve issues in minutes from their desks rather than the traditional miles of costly travel,\u201d said Gabe Paez, founder and CEO of The Wild. \u201cThe Wild\u2019s customers understand the value from the get-go, building consensus as a team in the virtual world with the ability to make changes to their designs at the speed of thought.\u201d<\/span><\/span>\u00a0<\/span> Black & Veatch<\/a> is a global leader in engineering, construction and procurement with more than $3 billion in annual revenue. Black and Veatch\u2019s Technology Innovation Lead, Brian Melton, indicates The Wild\u2019s <\/span>IrisVR<\/span> and a wide range of Autodesk solutions, including Autodesk design software and Autodesk Construction Cloud, enables many of their teams to successfully deliver projects around the world. The Black & Veatch team uses Autodesk solutions and The Wild\u2019s <\/span>IrisVR<\/span> to connect its project professionals, clients, and partners with digital workflows and enhanced collaboration capabilities. <\/span>IrisVR<\/span> enables distributed work groups to increase engagement and improve collaboration between stakeholders by leveraging immersive virtual meetings. This leads to an enhanced awareness regarding safety, access and maintenance, and an overall better understanding of the project, leading to better decisions and better outcomes.<\/span><\/span>\u00a0<\/span> “As remote collaboration continues to become the new normal for many professionals across industries and market sectors, the capabilities of systems like Autodesk Construction Cloud and The Wild\u2019s <\/span>IrisVR<\/span> platform help Black & Veatch deliver world-class projects regardless of our professionals\u2019 physical location,\u201d said Brian Melton, Technology Innovation Lead, Black & Veatch. \u201cThis type of spatial real-scale immersive experience is a game-changer for our professionals by allowing us to meet virtually within the project design environment, to talk about the design, conduct reviews and coordinate activities, document potential issues and collect comments aimed at accelerating execution and improving safety. Autodesk\u2019s acquisition of The Wild could create an even more seamless integration of VR into the platforms we use, leading to wider adoption, more capabilities and a shift from what was once sci-fi to a daily activity.\u201d<\/span><\/span>\u00a0<\/span> <\/p>\n

Why XR now?<\/span><\/span><\/strong>
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\u201cA convergence of events makes this the right time for Autodesk\u2019s acquisition of The Wild\u2019s talent and technology as the foundation of Autodesk\u2019s XR journey,\u201d said Nic Fonta, General Manager of XR at Autodesk. \u201cAccessibility, affordability, as well as the future of <\/span><\/span>digital twins<\/span><\/span><\/a> and metaverse, create the right environment and business rationale for advancing XR technology within the AEC industry.\u201d<\/span><\/span>\u00a0<\/span> <\/p>\n