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OFA Group Announces Official Market Deployment of QikBIM Intelligent BIM Automation Platform
Globenewswire· 2026-01-15 13:00
Core Insights - OFA Group has officially launched QikBIM, an AI-powered platform aimed at automating Building Information Modeling (BIM) production in the architecture, engineering, and construction (AEC) sector [1][2] Group 1: Challenges in the AEC Industry - BIM model production is currently one of the most labor-intensive and costly components of the AEC workflow, leading to long turnaround times and increased outsourcing costs [3] - The industry faces structural inefficiencies in BIM production, necessitating a fundamentally different production model rather than incremental productivity gains [4] Group 2: QikBIM Features and Benefits - QikBIM automates the conversion of 2D design drawings into coordinated, multi-discipline BIM models, significantly compressing production timelines from weeks or months to hours [5][8] - The platform includes capabilities such as automated generation of architectural, structural, and MEP BIM models, output in production-ready formats, and built-in cross-discipline coordination logic [7] - QikBIM reduces reliance on manual modeling and external outsourcing, improving predictability in coordination and delivery while lowering rework risks [8] Group 3: Strategic Importance and Market Outlook - OFA Group positions QikBIM as core digital infrastructure for next-generation AEC workflows, enabling teams to focus on higher-value tasks while scaling production capacity without proportional increases in headcount [9][10] - The North American AEC market is experiencing skilled labor shortages and rising costs, with AI-enabled automation platforms like QikBIM expected to transform BIM into a scalable production capability [11]
Stingray to Release Its Financial Results for the Second Quarter of Fiscal 2026
Globenewswire· 2025-10-08 11:00
Core Insights - Stingray Group Inc. will release its financial results for Q2 2025 on November 11, 2025, after market close [1] - A conference call to discuss these results is scheduled for November 12, 2025, at 10:00 a.m. Eastern Time [1] Company Overview - Stingray is a global leader in music, media, and technology, specializing in TV broadcasting, streaming, radio, business services, and advertising [3] - The company offers a wide range of services including audio and video channels, 97 radio stations, subscription video-on-demand content, FAST channels, karaoke products, and music apps [3] - Stingray Business provides commercial solutions such as music, in-store advertising, digital signage, and AI-driven consumer insights [3] - Stingray Advertising is the largest retail audio advertising network in North America, reaching over 30,000 major retail locations [3] - The company employs nearly 1,000 people globally and serves 540 million consumers across 160 countries [3]