{"newsdeskML":"2.1","type_of_media":"pressrelease","language":"en","source_id":97227,"source_name":"Nemetschek SE","pressroom_name":"Nemetschek SE","pressroom":"com","pressroom_id":105056,"organization_number":null,"id":3335776,"url":"https:\/\/www.mynewsdesk.com\/nemetschek-ag\/pressreleases\/nemetschek-group-successful-first-half-of-2024-with-strong-growth-in-subscription-strich-saas-3335776","published_at":{"text":"2024-07-31 05:13:45","datetime":"2024-07-31T05:13:45Z"},"created_at":{"text":"2024-07-31 05:09:56","datetime":"2024-07-31T05:09:56Z"},"updated_at":{"text":"2024-07-31 05:26:01","datetime":"2024-07-31T05:26:01Z"},"links":[],"header":"Nemetschek Group: Successful First Half of 2024 with Strong Growth in Subscription\/SaaS","summary":"The Nemetschek Group confirms its previous guidance for the operational business (i. e. excluding acquisition effects) for the financial year 2024 based on the successful development in the first half of 2024. In addition, Nemetschek further expands the outlook due to the acquisition of GoCanvas (consolidated as of July 1).","body":"<ul>\n<li><strong>+82.9% growth in subscription and SaaS to EUR 124.6 million in Q2<\/strong><\/li>\n<li><strong>+26.5% ARR growth to EUR 797.9 million in Q2<\/strong><\/li>\n<li><strong>+9.7% growth in Group revenues to EUR 227.7 million in Q2<\/strong><\/li>\n<li><strong>EBITDA margin in Q2 at 27.0%, adjusted for acquisition-related one-off costs at 29.4%<\/strong><\/li>\n<li><strong>+27.7% growth in quarterly earnings per share to EUR 0.36<\/strong><\/li>\n<li><strong>Organic outlook for financial year 2024 confirmed<\/strong><\/li>\n<li><strong>Outlook for 2024 expanded following acquisition of GoCanvas<\/strong><\/li>\n<\/ul><p><\/p><p>Munich, July 31, 2024 - The Nemetschek Group, a global provider of software solutions for the construction and media industries, confirms its previous guidance for the operational business (i. e. excluding acquisition effects) for the financial year 2024 based on the successful development in the first half of 2024. In addition, Nemetschek further expands the outlook due to the acquisition of GoCanvas (consolidated as of July 1).<\/p><p>The business development in the second quarter of 2024 was in line with plans. Growth in subscription and SaaS revenue increased significantly by more than 80%, so that the share of recurring revenues is already exceeding 85% in the first half of the year.<\/p><p>\"We are very pleased with the development of the first half of the year. In addition, the very high growth momentum in Subscription and SaaS in the second quarter shows that the transition of our business model continues to be very successful,\u201d says <strong>Yves Padrines, CEO of the Nemetschek Group<\/strong>. \"We are also focusing on our strategic focus areas such as increased internationalization and new technologies as well as the acquisition of GoCanvas, which will contribute to our future growth. With GoCanvas, the largest acquisition in the over 60-years history of our company, we are expanding our portfolio with unique SaaS solutions in Field Management to increase the safety and efficiency on the construction site while simultaneously accelerating our transition to recurring revenues. We expect that the acquisition will generate significant synergies for the Group and especially for our Build segment\".<\/p><p><strong>Key Group Performance Indicators in Q2 and H1 2024<\/strong><\/p><ul>\n<li>The main growth driver in Q2 were revenues from <strong>subscription and SaaS offerings<\/strong>, which increased by 82.9% year-on-year (currency-adjusted: 82.2%) to a new record high of EUR 124.6 million and therefore once again significantly outpaced total revenues. In the first half of the year, these revenues grew significantly by 74.9% (currency-adjusted: 75.3%) to EUR 230.9 million (prior-year period: EUR 132.0 million).<\/li>\n<li>\n<strong>Annual recurring revenue (ARR)<\/strong> grew by 26.5% (currency-adjusted: 26.2%) to EUR 797.9 million. The ARR growth was therefore well above the revenue growth, which indicates a high growth potential in the next 12 months.<\/li>\n<li>The <strong>share of recurring revenues<\/strong> as a percentage of total revenues increased strongly and in line with the Group\u2019s strategy by 10 percentage points year over year to 85.3% at the end of the first half of 2024 (previous year: 74.5%).<\/li>\n<li>\n<strong>Group revenue<\/strong> increased by 9.7% (currency-adjusted: 9.7%) to EUR 227.7 million in Q2 2024. In the first half of 2024, Group revenue increased by 9.6% (currency-adjusted: 10.0%) to EUR 451.6 million.<\/li>\n<li>The <strong>earnings before interest, taxes, depreciation, and amortization (EBITDA)<\/strong> in Q2 increased by 9.5% year-on-year to EUR 61.4 million. This includes M&amp;A-related one-off costs in the mid-single-digit million euro range. At 27.0%, the corresponding EBITDA margin was on the same level as the previous year (Q2 2023: 27.0%). Adjusted for these one-off acquisition-related costs the EBITDA margin in Q2 amounted to 29.4%. In the first half of the year, the EBITDA grew by 10.8% to EUR 129.7 million resulting in a margin of 28.7% (prior-year period: 28.4%). Excluding the one-off costs, the EBITDA margin of 30.0% in H1 2024 is already in line with the outlook for the financial year 2024 communicated in March 2024.<\/li>\n<li>\n<strong>Net income<\/strong> for the quarter grew significantly by 27.7% to EUR 41.9 million, which corresponds to earnings per share of EUR 0.36 (Q2 2023: EUR 0.28). In the first half of the year, net income increased by 22.3% to EUR 84.5 million, resulting in earnings per share of EUR 0.73 (previous year: EUR 0.60).<\/li>\n<\/ul><p><strong><br><\/strong><\/p><p><strong> Strategic Highlights<\/strong><\/p><ul>\n<li>The Group-wide <strong>transition to<\/strong> <strong>subscription and SaaS<\/strong> continues to progress successfully and according to plan. The Build segment \u2013 via the Bluebeam brand \u2013 and the Design segment were the biggest drivers in the first half of 2024.<\/li>\n<li>Nemetschek continued to drive forward its <strong>internationalization <\/strong>in H1 2024. At +12.4% in North America and +16.2% in Asia-Pacific, the growth abroad in the first half of the year was significantly stronger than in Germany. In particular in India, as one of the largest and fastest growing markets for the construction industry, Nemetschek sees considerable potential. To better participate in this dynamic growth in the future, a second location with a local go-to-market office was inaugurated in Mumbai in addition to the existing shared service and development &amp; research center in Hyderabad.<\/li>\n<li>The acquisition of <strong>GoCanvas Holdings, Inc.<\/strong>, a leading software provider for construction site collaboration, was successfully completed on July 1. GoCanvas can digitalize traditionally paper-based processes, simplify inspections, improve safety and ensure regulatory compliance. The complementary technologies, customer bases and regional sales structures of GoCanvas and the Nemetschek Group offer substantial synergy potential and growth opportunities. In addition, the acquisition strengthens the Nemetschek Group's market position in North America, while providing GoCanvas with an attractive base for expansion in Europe and the Asia-Pacific region.<\/li>\n<\/ul><p><strong><br><\/strong><\/p><p><strong>Segment Developments in Q2 and H1 2024<\/strong> (see table)<\/p><ul>\n<li>The <strong>Design segment<\/strong> recorded a growth rate of +10.4% (currency-adjusted: +10.8%) to EUR 112.4 million in Q2. In the first half of the year, revenue grew to EUR 228.0 million (+9.5%, currency-adjusted: +10.1%). Growth in Q2 was again driven by subscription\/SaaS revenues, which increased strongly by 88.5%. It is expected that the temporary accounting-related effects from the transition to subscription and SaaS will have a greater dampening effect on the segment's revenue development in the coming quarters. EBITDA in Q2 grew clearly over-proportionately by 29.2% to EUR 26.8 million, which corresponds to an EBITDA margin of 23.8%. In H1 2024, the EBITDA margin consequently improved to 27.3% (prior-year period: 24.4%).<\/li>\n<li>In the <strong>Build segment<\/strong>, the transition to subscription and SaaS models of the Bluebeam brand continued to progress very successfully, with the result that revenue in this category more than doubled in the first half of 2024. The segment's revenue in Q2 grew in line with plans by 10.7% (currency-adjusted: 9.9%) to EUR 74.7 million. In the first half of the year, revenue amounted to EUR 142.2 million, an increase of +9.9% (currency-adjusted: +10.0%). The EBITDA margins of 34.1% in Q2 (Q2 2023: 37.4%) and 32.6% in the first half of the year (H1 2023: 36.3%) were below the previous year level due to acquisition-related one-off costs. The transition of the business model to subscription and SaaS is expected to lead to a significant acceleration in growth, particularly in the fourth quarter of 2024, as the comparative basis of the previous year then almost no longer includes license revenues for the first time since the transition started.<\/li>\n<li>In the <strong>Media segment<\/strong>, revenue grew by 5.8% (currency-adjusted: 6.1%) to EUR 28.8 million in Q2. This growth is higher than that of the underlying market, which is still feeling the effects of the prolonged strikes in the Hollywood and film industry in the previous year. In the first half of the year, revenue amounted to EUR 58.2 million, representing growth of +7.7% (currency-adjusted: +8.5%). The EBITDA margin amounted to 28.4% in Q2 2024 and 32.9% in the first half of the year.<\/li>\n<li>In the <strong>Manage segment<\/strong>, revenue in Q2 amounted to EUR 12.6 million and was hence slightly below the previous year's level (EUR 12.9 million). The discontinuation of an advisory service unit with low profitability had a negative impact on revenue. In the first half of the year, revenue increased to EUR 25.1 million, a growth of 3.4%. The EBITDA margin expanded to 8.2% in Q2 (previous year: 2.7%). In the half-year period, the EBITDA margin was 7.4% (previous year: 0.2%).<\/li>\n<\/ul><p><strong><br><\/strong><\/p><p><strong>Outlook Financial Year 2024<\/strong><\/p><p>Following the successful first half of the year, Nemetschek confirms its previous guidance for the operational business (i. e. excluding acquisition effects from GoCanvas) for the financial year 2024. The Executive Board expects that the currency-adjusted, organic revenue growth in 2024 will be in a range of 10% to 11%. The annual recurring revenue (ARR) is forecasted to grow by around 25% while the share of recurring revenue as a percentage of total revenue is expected to increase to around 85% in 2024. The EBITDA margin is forecasted to be between 30% to 31%.<\/p><p>Based on the consolidation of GoCanvas as of July 1, 2024, the Executive Board expects an additional positive effect on the forecasted revenue growth of around 3 percentage points for the financial year 2024. The EBITDA margin in 2024 is expected to be diluted by around 100 basis points due to the GoCanvas' profitability, which is still below the Nemetschek Group average. These figures do not yet reflect the full potential of the acquisition, as both the revenue and EBITDA contribution of GoCanvas is reduced by a high single-digit million euro amount in the second half of the year due to the IFRS-related purchase price allocation. The ARR growth is expected to increase from around 25% to more than 30% in 2024. The share of recurring revenue is expected to continue to increase to around 85%.<\/p><p>The statements on the effects of the acquisition on the 2024 financial year are subject to the proviso that important key figures, including the calculation of the purchase price allocation (PPA) for GoCanvas, will not be finalized until later in the year. In addition, the guidance is based on the assumption that the global macroeconomic or industry-specific conditions will not deteriorate significantly in 2024. Furthermore, no additional potential negative effects from the current conflict in the Middle East and the ongoing war in Ukraine are reflected in the outlook.<\/p><p><\/p><p><strong>Overview of quarterly key figures (Q2-24)<\/strong><\/p><div><table><tbody>\n<tr>\n<td valign=\"top\">In EUR million<\/td>\n<td align=\"center\" valign=\"top\"><strong>Q2 2024<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>Q2 2023<\/strong><\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br>\n<\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br><strong>FX-adj.<\/strong>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>ARR<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>797.9<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>630.7<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>+26.5%<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>+26.2%<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Revenues<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>227.7<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>207.5<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+9.7%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+9.7%<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">- thereof software licenses<\/td>\n<td align=\"center\" valign=\"bottom\">20.2<\/td>\n<td align=\"center\" valign=\"bottom\">40.4<\/td>\n<td align=\"center\" valign=\"bottom\">-50.1%<\/td>\n<td align=\"center\" valign=\"bottom\">-48.7%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">- thereof recurring revenues<\/td>\n<td align=\"center\" valign=\"bottom\">199.5<\/td>\n<td align=\"center\" valign=\"bottom\">157.7<\/td>\n<td align=\"center\" valign=\"bottom\">+26.5%<\/td>\n<td align=\"center\" valign=\"bottom\">+26.2%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">- Subscription + SaaS (part of recurring revenues)<\/td>\n<td align=\"center\" valign=\"bottom\">124.6<\/td>\n<td align=\"center\" valign=\"bottom\">68.1<\/td>\n<td align=\"center\" valign=\"bottom\">+82.9%<\/td>\n<td align=\"center\" valign=\"bottom\">+82.2%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>EBITDA<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>61.4<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>56.1<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+9.5%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+8.1%<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"center\" valign=\"bottom\">27.0%<\/td>\n<td align=\"center\" valign=\"bottom\">27.0%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Adjusted EBITDA margin (w\/o one-off M&amp;A related costs)<\/td>\n<td align=\"center\" valign=\"bottom\">29.4%<\/td>\n<td align=\"center\" valign=\"bottom\">27.0%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>EBIT<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>47.9<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>40.7<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+17.6%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBIT margin<\/td>\n<td align=\"center\" valign=\"bottom\">21.0%<\/td>\n<td align=\"center\" valign=\"bottom\">19.6%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Net income (Group shares)<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>41.9<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>32.8<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+27.7%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Earnings per share in EUR<\/td>\n<td align=\"center\" valign=\"bottom\">0.36<\/td>\n<td align=\"center\" valign=\"bottom\">0.28<\/td>\n<td align=\"center\" valign=\"bottom\">+27.7%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Net income (Group shares) before amortization of purchase price allocation (PPA)<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>47.1<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>39.2<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+20.1%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Earnings per share before PPA in EUR<\/td>\n<td align=\"center\" valign=\"bottom\">0.41<\/td>\n<td align=\"center\" valign=\"bottom\">0.34<\/td>\n<td align=\"center\" valign=\"bottom\">+20.1%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<\/tbody><\/table><\/div><p><\/p><p><strong>Overview of quarterly key figures per segment* (Q2-24)<\/strong><\/p><div><table><tbody>\n<tr>\n<td valign=\"top\">In EUR million<\/td>\n<td align=\"center\" valign=\"top\"><strong>Q2 2024<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>Q2 2023<\/strong><\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br>\n<\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br><strong>FX-adj.<\/strong>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Design<\/strong><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">112.4<\/td>\n<td align=\"right\" valign=\"top\">101.9<\/td>\n<td align=\"right\" valign=\"top\">+10.4%<\/td>\n<td align=\"right\" valign=\"top\">+10.8%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">26.8<\/td>\n<td align=\"right\" valign=\"top\">20.8<\/td>\n<td align=\"right\" valign=\"top\">+29.2%<\/td>\n<td align=\"right\" valign=\"top\">+28.5%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">23.8%<\/td>\n<td align=\"right\" valign=\"top\">20.4%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Build<\/strong><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">74.7<\/td>\n<td align=\"right\" valign=\"top\">67.4<\/td>\n<td align=\"right\" valign=\"top\">+10.7%<\/td>\n<td align=\"right\" valign=\"top\">+9.9%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">25.4<\/td>\n<td align=\"right\" valign=\"top\">25.2<\/td>\n<td align=\"right\" valign=\"top\">+0.8%<\/td>\n<td align=\"right\" valign=\"top\">-2.7%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">34.1%<\/td>\n<td align=\"right\" valign=\"top\">37.4%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Manage<\/strong><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">12.6<\/td>\n<td align=\"right\" valign=\"top\">12.9<\/td>\n<td align=\"right\" valign=\"top\">-2.4%<\/td>\n<td align=\"right\" valign=\"top\">-2.4%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">1.0<\/td>\n<td align=\"right\" valign=\"top\">0.4<\/td>\n<td align=\"right\" valign=\"top\">-<\/td>\n<td align=\"right\" valign=\"top\">-<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">8.2%<\/td>\n<td align=\"right\" valign=\"top\">2.7%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Media<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">28.8<\/td>\n<td align=\"right\" valign=\"top\">27.2<\/td>\n<td align=\"right\" valign=\"top\">+5.8%<\/td>\n<td align=\"right\" valign=\"top\">+6.1%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">8.2<\/td>\n<td align=\"right\" valign=\"top\">9.7<\/td>\n<td align=\"right\" valign=\"top\">-16.2%<\/td>\n<td align=\"right\" valign=\"top\">-12.9%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">28.4%<\/td>\n<td align=\"right\" valign=\"top\">35.8%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody><\/table><\/div><p>* As at January 1, 2024, the Digital Twin business unit, including the dRofus brand, was reclassified from the Manage segment to the Design segment and subsequently consolidated here. The previous year's figures have been adjusted accordingly.<\/p><p><\/p><p><strong>Overview of half-yearly key figures (H1-24)<\/strong><\/p><div><table><tbody>\n<tr>\n<td valign=\"top\">In EUR million<\/td>\n<td align=\"center\" valign=\"top\"><strong>H1 2024<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>H1 2023<\/strong><\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br>\n<\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br><strong>FX-adj.<\/strong>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>ARR<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>797.9<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>630.7<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>+26.5%<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>+26.2%<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Revenues<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>451.6<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>412.1<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+9.6%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+10.0%<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">- thereof software licenses<\/td>\n<td align=\"center\" valign=\"bottom\">49.9<\/td>\n<td align=\"center\" valign=\"bottom\">88.0<\/td>\n<td align=\"center\" valign=\"bottom\">-43.2%<\/td>\n<td align=\"center\" valign=\"bottom\">-42.3%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">- thereof recurring revenues<\/td>\n<td align=\"center\" valign=\"bottom\">385.4<\/td>\n<td align=\"center\" valign=\"bottom\">307.0<\/td>\n<td align=\"center\" valign=\"bottom\">+25.5%<\/td>\n<td align=\"center\" valign=\"bottom\">+25.8%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">- Subscription + SaaS (part of recurring revenues)<\/td>\n<td align=\"center\" valign=\"bottom\">230.9<\/td>\n<td align=\"center\" valign=\"bottom\">132.0<\/td>\n<td align=\"center\" valign=\"bottom\">+74.9%<\/td>\n<td align=\"center\" valign=\"bottom\">+75.3%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>EBITDA<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>129.7<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>117.1<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+10.8%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+8.3%<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"center\" valign=\"bottom\">28.7%<\/td>\n<td align=\"center\" valign=\"bottom\">28.4%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Adjusted EBITDA margin (w\/o one-off M&amp;A related costs)<\/td>\n<td align=\"center\" valign=\"bottom\">30.0%<\/td>\n<td align=\"center\" valign=\"bottom\">28.4%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>EBIT<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>102.6<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>87.4<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+17.5%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBIT margin<\/td>\n<td align=\"center\" valign=\"bottom\">22.7%<\/td>\n<td align=\"center\" valign=\"bottom\">21.2%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Net income (Group shares)<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>84.5<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>69.1<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+22.3%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Earnings per share in EUR<\/td>\n<td align=\"center\" valign=\"bottom\">0.73<\/td>\n<td align=\"center\" valign=\"bottom\">0.60<\/td>\n<td align=\"center\" valign=\"bottom\">+22.3%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Net income (Group shares) before amortization of purchase price allocation (PPA)<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>94.3<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>80.9<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><strong>+16.6%<\/strong><\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Earnings per share before PPA in EUR<\/td>\n<td align=\"center\" valign=\"bottom\">0.82<\/td>\n<td align=\"center\" valign=\"bottom\">0.70<\/td>\n<td align=\"center\" valign=\"bottom\">+16.6%<\/td>\n<td align=\"center\" valign=\"bottom\"><\/td>\n<\/tr>\n<\/tbody><\/table><\/div><p><\/p><p><strong>Overview of half-yearly key figures per segment* (H1-24)<\/strong><\/p><div><table><tbody>\n<tr>\n<td valign=\"top\">In EUR million<\/td>\n<td align=\"center\" valign=\"top\"><strong>H1 2024<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><strong>H1 2023<\/strong><\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br>\n<\/td>\n<td align=\"center\" valign=\"top\">\n<strong>\u0394 in %<\/strong><br><strong>FX-adj.<\/strong>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Design<\/strong><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">228.0<\/td>\n<td align=\"right\" valign=\"top\">208.1<\/td>\n<td align=\"right\" valign=\"top\">+9.5%<\/td>\n<td align=\"right\" valign=\"top\">+10.1%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">62.3<\/td>\n<td align=\"right\" valign=\"top\">50.8<\/td>\n<td align=\"right\" valign=\"top\">+22.6%<\/td>\n<td align=\"right\" valign=\"top\">+17.5%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">27.3%<\/td>\n<td align=\"right\" valign=\"top\">24.4%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Build<\/strong><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">142.2<\/td>\n<td align=\"right\" valign=\"top\">129.4<\/td>\n<td align=\"right\" valign=\"top\">+9.9%<\/td>\n<td align=\"right\" valign=\"top\">+10.0%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">46.4<\/td>\n<td align=\"right\" valign=\"top\">47,0<\/td>\n<td align=\"right\" valign=\"top\">-1.3%<\/td>\n<td align=\"right\" valign=\"top\">-1.8%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">32.6%<\/td>\n<td align=\"right\" valign=\"top\">36,3%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Manage<\/strong><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">25.1<\/td>\n<td align=\"right\" valign=\"top\">24,3<\/td>\n<td align=\"right\" valign=\"top\">+3.4%<\/td>\n<td align=\"right\" valign=\"top\">+3.4%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">1.9<\/td>\n<td align=\"right\" valign=\"top\">0,0<\/td>\n<td align=\"right\" valign=\"top\">-<\/td>\n<td align=\"right\" valign=\"top\">-<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">7.4%<\/td>\n<td align=\"right\" valign=\"top\">0,2%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><strong>Media<\/strong><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<td align=\"center\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenues<\/td>\n<td align=\"right\" valign=\"top\">58.2<\/td>\n<td align=\"right\" valign=\"top\">54,1<\/td>\n<td align=\"right\" valign=\"top\">+7.7%<\/td>\n<td align=\"right\" valign=\"top\">+8.5%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA<\/td>\n<td align=\"right\" valign=\"top\">19.2<\/td>\n<td align=\"right\" valign=\"top\">19,2<\/td>\n<td align=\"right\" valign=\"top\">-0.1%<\/td>\n<td align=\"right\" valign=\"top\">+1.9%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">EBITDA margin<\/td>\n<td align=\"right\" valign=\"top\">32.9%<\/td>\n<td align=\"right\" valign=\"top\">35,5%<\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<td align=\"right\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody><\/table><\/div><p>* As at January 1, 2024, the Digital Twin business unit, including the dRofus brand, was reclassified from the Manage segment to the Design segment and subsequently consolidated here. The previous year's figures have been adjusted accordingly.<\/p><p><\/p><p>For further information about the company, please contact<\/p><p><strong>Nemetschek Group<\/strong><br>Stefanie Zimmermann<br>Investor Relations<br>+49 89 540459 250<br>[email protected]<\/p>","boilerplate":"<p><strong><\/strong><strong>About the Nemetschek Group<\/strong><\/p><p>The Nemetschek Group is a globally leading provider of software for digital transformation in the AEC\/O and media industries. Its intelligent software solutions cover the entire life cycle of construction and infrastructure projects and allow creatives to optimize their workflows. Customers can plan, construct, and manage buildings and infrastructure more efficiently and sustainably, and develop digital content such as visualizations, films, and computer games in a creative way. The software company drives new technologies and approaches such as artificial intelligence, digital twins, and open standards (OPEN BIM) in the AEC\/O industries to increase productivity and sustainability. We are continuously expanding our portfolio, including through investments in disruptive start-ups. More than 7 million users are currently designing the world with the customer-focused solutions of our four segments. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 3,400 experts. <\/p><p>The company, which has been listed in the MDAX and TecDAX since 1999, achieved a revenue of EUR 851.6 million and an EBITDA of EUR 257.7 million in 2023.<br><\/p>","image_caption":"Quarterly figures Q2 2024 | Nemetschek Group","image":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_1782\/1otiz75z5u38ixv8bsmnw4","image_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/1otiz75z5u38ixv8bsmnw4","image_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/1otiz75z5u38ixv8bsmnw4","image_thumbnail_large":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_500,q_auto:good,w_500\/1otiz75z5u38ixv8bsmnw4","image_thumbnail_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/1otiz75z5u38ixv8bsmnw4","image_thumbnail_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/1otiz75z5u38ixv8bsmnw4","tags":[{"name":"NG_Nemetschek Group"},{"name":"NG_Financial Updates"},{"name":"PE_Yves 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SE","pressroom":"com","pressroom_id":105056,"organization_number":null,"id":103219,"url":"https:\/\/www.mynewsdesk.com\/nemetschek-ag\/contact_people\/103219","published_at":{"text":"2020-01-31 08:20:00","datetime":"2020-01-31T08:20:00Z"},"created_at":{"text":"2020-01-31 08:20:00","datetime":"2020-01-31T08:20:00Z"},"updated_at":{"text":"2025-06-11 12:32:27","datetime":"2025-06-11T12:32:27Z"},"position":0,"links":[],"name":"Alexander Siegmund","title":"Senior Manager Global Events & Digital Communications","specialist":null,"phone":"+49 89 540459-255","email":"[email protected]","pressroom_contact":true,"image":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_1782\/qrry0y962fjowjtzzsrx","image_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/qrry0y962fjowjtzzsrx","image_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/qrry0y962fjowjtzzsrx","image_thumbnail_large":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_500,q_auto:good,w_500\/qrry0y962fjowjtzzsrx","image_thumbnail_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/qrry0y962fjowjtzzsrx","image_thumbnail_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/qrry0y962fjowjtzzsrx"},{"source_id":97227,"source_name":"Nemetschek 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250","email":"[email protected]","pressroom_contact":true,"image":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_1782\/eg1tfrivfgjtkcxzc4nf","image_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/eg1tfrivfgjtkcxzc4nf","image_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/eg1tfrivfgjtkcxzc4nf","image_thumbnail_large":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_500,q_auto:good,w_500\/eg1tfrivfgjtkcxzc4nf","image_thumbnail_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/eg1tfrivfgjtkcxzc4nf","image_thumbnail_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/eg1tfrivfgjtkcxzc4nf"},{"source_id":97227,"source_name":"Nemetschek 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1603709","email":"[email protected]","pressroom_contact":true,"image":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_1782\/ztvmab0q4fqai5dup27c","image_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/ztvmab0q4fqai5dup27c","image_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/ztvmab0q4fqai5dup27c","image_thumbnail_large":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_500,q_auto:good,w_500\/ztvmab0q4fqai5dup27c","image_thumbnail_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/ztvmab0q4fqai5dup27c","image_thumbnail_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/ztvmab0q4fqai5dup27c"}],"related_items":[{"item_id":3070756,"type_of_media":"image"},{"item_id":103635,"type_of_media":"contact_person"}]}

{"newsdeskML":"2.1","type_of_media":"pressrelease","language":"en","source_id":97227,"source_name":"Nemetschek SE","pressroom_name":"Nemetschek SE","pressroom":"com","pressroom_id":105056,"organization_number":null,"id":3335711,"url":"https:\/\/www.mynewsdesk.com\/nemetschek-ag\/pressreleases\/georg-nemetschek-institute-announces-symposium-und-expo-on-artificial-intelligence-for-the-built-world-3335711","published_at":{"text":"2024-07-30 12:54:37","datetime":"2024-07-30T12:54:37Z"},"created_at":{"text":"2024-07-30 07:23:07","datetime":"2024-07-30T07:23:07Z"},"updated_at":{"text":"2024-07-30 13:42:26","datetime":"2024-07-30T13:42:26Z"},"links":[{"text":"Nemetschek Group","url":"https:\/\/www.nemetschek.com\/en"}],"header":"Georg Nemetschek Institute Announces Symposium & Expo on Artificial Intelligence for the Built World","summary":"The Georg Nemetschek Institute is pleased to announce the AI Symposium & Expo on Artificial Intelligence for the Built World September 10-12, 2024, in Munich. This unique conference will bring together leading academic researchers, industry professionals, and innovative startups to discuss the opportunities and challenges presented by AI in the built environment.","body":"<p><strong>Munich, Germany \u2013 July 30, 2024 \u2013 The <\/strong><a href=\"https:\/\/www.mdsi.tum.de\/en\/gni\/home\/\" target=\"_blank\" rel=\"noopener\"><strong>Georg Nemetschek Institute<\/strong><\/a><strong> is pleased to announce the <\/strong><a href=\"https:\/\/events.gni.tum.de\/ai-symposium-2024\/\" target=\"_blank\" rel=\"noopener\"><strong>AI Symposium &amp; Expo on Artificial Intelligence for the Built World<\/strong><\/a> <strong>September 10-12, 2024, in Munich. This unique conference hosted by the Technical University of Munich (TUM) and <\/strong><strong>TUM Venture Labs <\/strong><strong>will bring together leading academic researchers, industry professionals, and innovative startups to discuss the opportunities and challenges presented by AI in the built environment.<\/strong><\/p><p>The symposium and expo is taking place at the High-Tech Campus Garching, a major science and research hub near Munich, Germany. It is part of the Technical University of Munich (TUM) and is one of the largest and most important campuses for science, technology, engineering, and entrepreneurship in Germany.<\/p><p>The main theme will be the presentation of AI applications in the context of the current and future needs of the construction industry, with a particular focus on how AI can improve project efficiency, decision-making, and safety in practice.<\/p><p>Attendees will explore what works and what doesn\u2019t, fostering a comprehensive dialogue about the potential solutions and innovations in this rapidly growing field.<\/p><p>Keynote speakers come from the academic as well as the industry side, amongst them Marc N\u00e9zet, Chief Strategy Officer and Chief Division Officer at the Nemetschek Group. <\/p><ul><li>\n<strong>Academic:<\/strong><ul>\n<li>\n<strong>Dr. Burcin Becerik-Gerber,<\/strong> Professor and Chair, Sonny Astani Department of Civil and Environmental Engineering, University of Southern California<\/li>\n<li>\n<strong>Prof. Francisco Chinesta,<\/strong> Professor of Computational Physics, Arts et Metiers Institute of Technology (Paris)<\/li>\n<li>\n<strong>Prof. Andr\u00e9 Borrmann,<\/strong> Full Professor and Chair of Computational Modeling and Simulation, Technical University of Munich<\/li>\n<li>\n<strong>Prof. Markus K\u00f6nig,<\/strong> Professor of Computing in Civil Engineering, Ruhr University Bochum<\/li>\n<\/ul>\n<\/li><\/ul><p><\/p><ul><li>\n<strong>Industry:<\/strong><ul>\n<li>\n<strong>Marc N\u00e9zet,<\/strong> Chief Division Officer (CDO) of the Operate &amp; Manage Division and Chief Strategy Officer, Nemetschek Group<\/li>\n<li>\n<strong>Dr. Angelika Kneidl,<\/strong> CEO, accu GmbH<\/li>\n<li>\n<strong>Dr. Andreas Liebl,<\/strong> Managing Director, appliedAI Institute Europe<\/li>\n<li>\n<strong>Dr. Matthias Standfest,<\/strong> CEO &amp; Co-Founder, AI Startup by Drees &amp; Sommer AG<\/li>\n<\/ul>\n<\/li><\/ul><p><\/p><p>\u201cArtificial intelligence is not just a tool for innovation; it is a catalyst for transformative change across every sector of society. At the AI Symposium in Munich, we gather to explore the frontiers of AI research, share groundbreaking advancements, and envision a future where AI empowers us all to solve the most pressing challenges in the construction industry\u201d, says Marc N\u00e9zet, Chief Strategy Officer and Chief Division Officer Operate &amp; Manage Division at the Nemetschek Group.<\/p><p>The symposium starts with a welcome and keynote on September 10, 9:00 am, free of charge. For the full conference, tickets are required. For more information and to register, visit the <a href=\"https:\/\/events.gni.tum.de\/ai-symposium-2024\/\" target=\"_blank\" rel=\"noopener\">Event Website<\/a>.<\/p><p><\/p><p><strong>About the Georg Nemetschek Institute<\/strong><\/p><p>The Georg Nemetschek Institute at the Technical University of Munich is dedicated to advancing research and education in the digital transformation of the built environment. With a focus on innovation and interdisciplinary collaboration, GNI aims to drive the integration of cutting-edge technologies in architecture, engineering, and construction.<\/p>","boilerplate":"<p><strong><\/strong><strong>About the Nemetschek Group<\/strong><\/p><p>The Nemetschek Group is a globally leading provider of software for digital transformation in the AEC\/O and media industries. Its intelligent software solutions cover the entire life cycle of construction and infrastructure projects and allow creatives to optimize their workflows. Customers can plan, construct, and manage buildings and infrastructure more efficiently and sustainably, and develop digital content such as visualizations, films, and computer games in a creative way. The software company drives new technologies and approaches such as artificial intelligence, digital twins, and open standards (OPEN BIM) in the AEC\/O industries to increase productivity and sustainability. We are continuously expanding our portfolio, including through investments in disruptive start-ups. More than 7 million users are currently designing the world with the customer-focused solutions of our four segments. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 3,400 experts. <\/p><p>The company, which has been listed in the MDAX and TecDAX since 1999, achieved a revenue of EUR 851.6 million and an EBITDA of EUR 257.7 million in 2023.<br><\/p>","image_caption":null,"image":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_1782\/w6s0v85epggfqopn1xdgwc","image_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/w6s0v85epggfqopn1xdgwc","image_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,q_auto:good,w_746\/w6s0v85epggfqopn1xdgwc","image_thumbnail_large":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_500,q_auto:good,w_500\/w6s0v85epggfqopn1xdgwc","image_thumbnail_medium":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/w6s0v85epggfqopn1xdgwc","image_thumbnail_small":"https:\/\/mnd-assets.mynewsdesk.com\/image\/upload\/c_fill,dpr_auto,f_auto,g_auto,h_250,q_auto:good,w_250\/w6s0v85epggfqopn1xdgwc","tags":[{"name":"NG_Nemetschek 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