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Friday, September 17, 2021

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Seequent is expanding into South Korean infrastructure market. Pictured: Busan,
South Korea's second-most populous city
 * Transportation + Infrastructure


SEEQUENT EXPANDS INTO SOUTH KOREAN INFRASTRUCTURE MARKET WITH BASISSOFT SOFTWARE
RESELLER AGREEMENT

November 3, 2020
2313

CHRISTCHURCH, NZ  – Seequent has signed an expanded software reseller agreement
with BasisSoft, a provider of software and Building Information Modelling (BIM)
solutions to the South Korean civil, infrastructure, and construction
industries, to aid its expansion into the South Korean market.

BasisSoft will resell Seequent’s civil engineering software solutions including
Leapfrog Works and Seequent Central, for 3D modelling, visualising and better
understanding the subsurface across the lifecycle of infrastructure and
environmental projects. BasisSoft has provided Seequent’s geotechnical analysis
software solution, GeoStudio, to the South Korean market for several years.

“BasisSoft has played an instrumental role in helping us position and grow the
adoption of our geotechnical tools in the South Korean market,” says Seequent’s
Executive Vice President, APAC, Nick Fogarty. “We are delighted to expand our
collaboration and anticipate that our innovative solutions can help provide
valuable results for their customer base.”

Seequent’s increased focus on the South Korean market coincides with plans for
significant government investment in infrastructure. In July 2020, the
government unveiled the six-year KRW160 trillion (US$133.5 billion) ‘Korean New
Deal’ program to create jobs and help the economy recover from the coronavirus
fallout. This included US$61.2 billion for ‘green’ investment such as renewable
energy, eco-friendly buildings and electric vehicles.  Research
firm GlobalData has estimated the current pipeline of proposed government
infrastructure projects at US$91 billion, including a US$25 billion investment
into the construction of a new high-speed rail system.

“Seequent is a global leader in geoscience software development, and we are
excited to be able to offer Leapfrog Works and Seequent Central in the South
Korean market,” say BasisSoft Co-Presidents Jason Choi and Julian An. “We
believe that our customers will greatly benefit from access to this increased
range of solutions to help make better decisions on their civil engineering and
environmental projects.”

Leapfrog Works supports industry-standard ground investigation data formats,
combining geological models with engineering designs, BIM workflows, and
groundwater flow models, to help build a clearer picture of industry
projects. Seequent Central brings teams and data together to collaborate on a
master model to visualise, track and manage geological data from a centralised,
auditable environment. 

Regional Business Development Manager, APAC, Adam North explains, “The robust
implicit modelling engine of Leapfrog Works enables a highly contextualised view
of the complex subsurface data and information required to design and construct
major infrastructure projects. Central takes this a step further, providing a
powerful platform to manage the evolution of a model and enable collaboration
and effective communication between teams and stakeholders.”

In this age of digital transformation, the value of interoperability cannot be
underestimated according to North.

“It is increasingly important to ensure that applications can integrate into a
much wider ecosystem of software solutions. The ever-increasing utilisation and
interoperability of technology to collect, measure, transform, and present data
provides a wealth of information for any asset or system. Ensuring that the
legacy data is maintained through the life of a project ensures pertinent
decisions can be made with all available information to support major
infrastructure projects, such as in South Korea,” he says.


 * TAGS
 * Adam North
 * BasisSoft
 * Jason Choi
 * Julian An
 * Nick Fogarty
 * Seequent

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