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Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) Definition. This is a non-GAAP measure that allows a greater amount of discretion as to what is (and is not) included in the calculation.

Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) Definition

This also means that companies often change the items included in their EBITDA calculation from one reporting period to the next. EBITDA first came into common use with leveraged buyouts in the 1980s, when it was used to indicate the ability of a company to service debt. As time passed, it became popular in industries with expensive assets that had to be written down over long periods of time. EBITDA is now commonly quoted by many companies, especially in the tech sector - even when it isn't warranted. A common misconception is that EBITDA represents cash earnings. LED Contact Lenses. LED Lights Make Augmented Vision a Reality Okay, this is just freaky.

LED Contact Lenses

We know LED lights are versatile enough to be used for practically anything, but LED contact lenses? Really?! Yes, as it turns out, really. University of Washington researchers have figured out how to implant semitransparent red and blue LED lights in contact lenses, for the purpose of receiving and displaying data in sharp visual images and video. Once miniature green LEDs are developed (and they’re in the works, as of now), full color displays will be possible.

Lead researcher Babak Parvis comments “You won’t necessarily have to shift your focus to see the image generated by the contact lens,” it would just appear in front of you and your view of the real world will be completely unobstructed when the display is turned off. Oculus Rift - Virtual Reality Headset for 3D Games. BIM Implementation in a Lean Operating System. Beyond Design: the Construction and BIM blog. By Guest Blogger: Dace A.

Beyond Design: the Construction and BIM blog

Campbell, AIA, LEED AP "The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand. " – Vince Lombardi It's Super Bowl week, and whether you're cheering for football's best offense in the Denver Broncos, or the Seattle Seahawks league-best defense, at the end of the game only one team will emerge from the swamps of New Jersey as the champion of the National Football League.

Industry Champions Of course, in our industry, we hear about champions all the time. At Autodesk, we often have the pleasure of working with industry "BIM Champions" when we interface with our customers who use our tools and solutions. Don't Be a BIM Champion That's right, if you're a "BIM Champion," you should not be satisfied with that title. VDC and BIM Scorecard. OpenBIM. BIM (Building Information Modeling) A UK Government Initiative.

BIM ThinkSpace. Efficient Construction Project Delivery Methods - Sustainability - 3D, 4D, 5D BIM - IPD, JOC, SABER, IDIQ, SATOC, MATOC, MACC, POCA .. Building Information Modelling - Designing Buildings Wiki. Spectacular Photorealistic Visuals with Architectural 3D Modeling. The world is falling in love with such prim and aesthetically designed architectural 3D models.

Spectacular Photorealistic Visuals with Architectural 3D Modeling

Exteriors, interiors, landscapes all can be modeled with accurate dimensions, realistic lighting and material mapping. 3D models for facades, building exteriors, and landscapes for Residential properties, commercial complexes and industrial structures are designed using highly sophisticated 3D CAD software and photo editing tools. Interiors for homes and offices are designed with great attention to details. Thematic design for living room, kitchen, bathrooms, office spaces etc becomes so easy. Minimalistic Serene Studio Apartment. Engineering Services Fuelling the AEC and Industrial Sector.

Architectural Engineering and Construction (AEC) as well as the Industrial Sector, both have seen a consistent growth over the years.

Engineering Services Fuelling the AEC and Industrial Sector

While housing needs and other infrastructural requirements are ever-increasing, the industrial sector is also successfully thriving. Pillaring these two industries, are an array of engineering faculties. Applying architectural, structural and civil engineering expertise combined with the use of BIM technology and energy modeling capabilities has helped the AEC industry grow in a big way. The major achievements include sustainability solutions and energy efficiency in buildings. Why BIM for Facility Management Gained Popularity Worldwide?

Building information models are like bottomless cabinets for documenting information.

Why BIM for Facility Management Gained Popularity Worldwide?

Integrating facility management into BIM revolutionizes the facility management process. BIM is used throughout the lifecycle of a construction project. Every aspect and each dimension of Building Information Modeling is utilized as projects transit through 4D BIM (Construction and Scheduling), 5D BIM (Costing), 6D BIM (Sustainability Optimization) and last but not the least 7D BIM – i.e. Facility Management. Facility management is an important part of an AEC project.

Using Point Cloud for Revit BIM. Point cloud is a set of data points within a coordinate system.

Using Point Cloud for Revit BIM

The points defined by x, y and z coordinates in 3D space, represent the outer surface of an object. These points are plotted using a 3D scanning process. The Point Cloud Data collected via 3D laser scanning technique can be imported in Revit and used for BIM. Some hi-end scanners collect photo-metric images along with Point Cloud Data for a building. These photographs play an important role in review and identification of building components. Converting Point Cloud replicas into 3D Models. Common Mistakes When Hiring a Structural Engineering Consultant.

Can you deny the importance of a structural engineering consultant in your building project?

Common Mistakes When Hiring a Structural Engineering Consultant

Then you simply do not know anything! What does professional structural engineers do? A structural engineering consultant is the person in charge when it comes to ensuring the specific purpose of a construction. They make sure that it remains safe, functioning, and economic throughout right from the planning stage. Builders looking to give the maximum value for money and high satisfaction to their customers cannot afford to make wrong decisions when hiring a structural engineer. Here below are some of the common mistakes you should avoid for your own peace of mind. Don't Rush Recruitment Are you planning a building project anytime soon?

Have you hired a structural engineer yet? Do you want to postpone the same to the very last minute? Then you'll be making a very big mistake. BIM Capabilities Usher A New Era of Cost Estimation for Construction Projects. Cost estimation is a crucial aspect, which influences the successful management of a construction project.

BIM Capabilities Usher A New Era of Cost Estimation for Construction Projects

Accurate estimations ensure that maximum profits are earned out of the business. A cost estimator is engaged to calculate the near accurate project costs at different stages, and important project decisions are based on this estimation. This is why; accurate estimation becomes all the more important. BIM, i.e. Importance of BIM Coordination, Design & Modeling. Posted by: Gaurang Trivedi | Posted on: September 23rd, 2013 BIM stands for Building Information Modeling, which is basically the construction of the 3D model of a building by using BIM coordination.

Importance of BIM Coordination, Design & Modeling

This process is used to make some of the leading and perfect architectural models and applications used by the industry and people today and provides the perfect base for further developments when it comes to infrastructure and designing the facility of the computer simulations and also the analysis of the economic impact to find an alternative financial solution to the existing ones for the projects related to transportation. How MEP BIM Services are useful for better Construction? MEP stands for Mechanical/Electrical/Plumbing, and together with BIM, which is basically the process to check if the MEP works fine in a given construction.

MEP BIM services are basically for engineers, building owners, architects etc.. to see if the MEP aspects of a construction so that they can get a clear perception of these aspects and go about developing the construction and find out any faulty construction or collision in these, thus giving in to a secure, better and error-free system. Why BIM for Facility Management Gained Popularity Worldwide? Spectacular Photorealistic Visuals with Architectural 3D Modeling.