Subject: PLW
Pype Secures Patent for AutoSpecs Platform
WASHINGTON, Oct. 23, 2018 /PRNewswire-PRWeb/ -- Pype, Inc, an innovative construction technology leader, announced issuance of Patent #10102209, "Systems and Methods for Electronically Generating Submittal Registers," for Pype's AutoSpecs software. The program's proprietary technology is revolutionizing the industry by automatically generating submittal logs in minutes with unparalleled accuracy and drastically improving general contractors' ability to stay contract compliance. Not only is the complex algorithm patented, but the process of electronically pulling submittals from a PDF is covered in the scope of the patent.
Co-founders Sunil Dorairajan and Karuna Amireddy teamed up to launch Pype in 2013. Sunil, an industry insider, was very familiar with the grueling process of manually pulling information out of specs. He saw how technology was being used to improve other industries and identified the opportunity to bring a software solution to this particular pain point. Karuna, a leading software architect, was motivated to solve such a tedious problem with his insights into automation and machine learning. This patent solidifies Pype and its founders as one of the few construction innovators to have patented technology.
"Top ENR companies have tremendous confidence in choosing our software solutions and have used our products on projects nationwide," says Sunil, Pype's CEO. "We built something that didn't exist before and acquiring this patent for AutoSpecs establishes us as true innovators and secures our vision for the company's future." Pype has already partnered with key construction industry leaders in the US and Canada and is looking forward to expanding its presence both in North America and abroad. As Pype's AutoSpecs machine learning capabilities evolve to accommodate additional specification formats, the company looks toward expansion into the Australian and European construction markets.
A motivating force for the company's founders was increased efficiency in the workplace, and it's rewarding to know that AutoSpecs shaves off weeks of tedious work and contributes to higher productivity instantly. "Our hard work is consistently validated through candid feedback from users, who continuously come back to us with appreciation for relieving this industry pain point," says Karuna, Pype's CTO. "Being named as innovator of a best in class solution that helped bring rise to a new sub-market of the construction tech industry has been both exciting and humbling."
Pype has a strong vision for the role of real-time spec and closeout data across the construction tech ecosystem, especially in contract management, project management, quality control, and resource productivity. Pype's driving motivation is that specs, submittals, and closeout are so critical that they should be deeply accurate and richly integrated across other platforms, not just a second-class-citizen spreadsheet like they are in many project management systems.
About Pype
Pype provides three innovative construction software solutions that enable project teams to start projects faster and finish stronger. Pype AutoSpecs takes a manual, time consuming process and allows teams to create submittal logs in minutes using advanced machine learning algorithms. Pype Closeout automates the entire closeout process, meaning teams get paid faster. Pype eBinder provides GCs with a branded, polished, interactive PDF turnover package to present to ownership at the close of a project. This constantly evolving trio of products uses machine learning to continuously drive huge efficiency savings and improve projects' bottom line. Learn more at: https://pype.io
SOURCE Pype
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